Business case
Business Case[footnoteRef:1] [1: This document is based on an expanded business case template provided by www.projectmanagementdocs.com. ]
Project Name: _________________________________
1.0 Background & Business Problem |
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This section should briefly describe how the current situation has been arrived at and, and it should briefly describe the business problem that the proposed project will address. This section should not describe how the problem will be addressed, but only what the problem is.
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2.0 Strategic Case |
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All projects should support the organization’s strategy and strategic plans in order to add value and maintain executive and organizational support. This section provides an overview of the organizational strategic plans that are related to the project. Essentially, where does this project fit in helping the organizational achieve its goals? This section should also list the business goals and objectives which are supported by the project and how the project will address them.
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3.0 Project Overview |
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This section describes high-level information about the project to include a description (high level scope), assumptions, and constraints.
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4.0 Expected Benefits |
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This section should describe the anticipated outcome if the proposed project or initiative is implemented. It should include how the project will benefit the business and describe what the end state of the project should be.
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5.0 Financial Considerations |
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Many consider this one of the most important parts of a business case as it is often the costs or savings a project yields which win final approval to go forward. It is important to quantify the financial benefits of the project as much as possible in the business case. This is usually done in the form of a cost benefit analysis. The purpose of this is to illustrate the costs of the project and compare them with the benefits and savings to determine if the project is worth pursuing. |
6.0 Risks |
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What the risks that you anticipate based on your analysis of the proposed solutions (i.e. project)? These are not the specific risks associated with your project’s performance, such as the project being delivered late, but are risks associated with whether or not the proposed solution will actually address the business problem you have identified above. |
7.0 Timeline |
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What is the high level timeline from this point forward? For instance, if the next step is to charter a project, how long until the results of the project are realized and the business problem is resolved? |
8.0 Recommendations and Next Steps |
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This section summarizes the recommendation(s) of the person(s) responsible for preparing the business case. How do you recommend that the organization proceed based on your analysis? As for next steps, should the project be chartered, or should a different outcome result from the analysis?
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*Be sure to remove the instructions before you submit your completed statement.
Business Case
1
Project Name: _________________________________
1.0 Background
& Business Problem
This section should briefly describe how the current situation has been arrived at and, and it
should briefly describe the business
problem that the proposed project will address. This section should not describe how the problem will be addressed,
but
only
what the problem is.
2.0 Strategic Case
All projects should support the organization’s strategy and strategic plans in order to add value and maintain executive and
organizational support. This section provides an overview of the organizational strategic plans that are related to the proj
ect.
Essentially, where does this project fit in helping the organizational achieve its goals?
This section should also list the business
goals and objectives which are supported by the project and how the project will address them.
3.0 Project Overview
This section describes high
-
level information about the project to include a description
(high level scope), assumptions, and
constraints
.
4.0 Expected Benefits
This section should describe the anticipated outcome if the proposed project or
initiative is implemented. It should include how
the project will benefit the business and describe what the end state of the project should be.
5.0 Financial Considerations
Many consider this one of the most important parts of a business case as it
is often the costs or savings a project yields which
win final approval to go forward. It is important to quantify the financial benefits of the project as much as possible in t
he
business case. This is usually done in the form of a cost benefit analysi
s. The purpose of this is to illustrate the costs of the
project and compare them with the benefits and savings to determine if the project is worth pursuing.
6.0 Risks
What the risks that you anticipate based on your analysis of the proposed solutions (i.e. project)? These are not the specifi
c risks
associated with your project’s performance, such as the project being delivered late, but are risks associated with whether
or not
the proposed solution will actually address the business problem you have identified above.
1
This document is based on
an expanded business case template provided by
www.projectmanagementdocs.com
.
Business Case
1
Project Name: _________________________________
1.0 Background & Business Problem
This section should briefly describe how the current situation has been arrived at and, and it should briefly describe the business
problem that the proposed project will address. This section should not describe how the problem will be addressed, but only
what the problem is.
2.0 Strategic Case
All projects should support the organization’s strategy and strategic plans in order to add value and maintain executive and
organizational support. This section provides an overview of the organizational strategic plans that are related to the project.
Essentially, where does this project fit in helping the organizational achieve its goals? This section should also list the business
goals and objectives which are supported by the project and how the project will address them.
3.0 Project Overview
This section describes high-level information about the project to include a description (high level scope), assumptions, and
constraints.
4.0 Expected Benefits
This section should describe the anticipated outcome if the proposed project or initiative is implemented. It should include how
the project will benefit the business and describe what the end state of the project should be.
5.0 Financial Considerations
Many consider this one of the most important parts of a business case as it is often the costs or savings a project yields which
win final approval to go forward. It is important to quantify the financial benefits of the project as much as possible in the
business case. This is usually done in the form of a cost benefit analysis. The purpose of this is to illustrate the costs of the
project and compare them with the benefits and savings to determine if the project is worth pursuing.
6.0 Risks
What the risks that you anticipate based on your analysis of the proposed solutions (i.e. project)? These are not the specific risks
associated with your project’s performance, such as the project being delivered late, but are risks associated with whether or not
the proposed solution will actually address the business problem you have identified above.
1
This document is based on an expanded business case template provided by www.projectmanagementdocs.com.