Project Charter

Business Case

Name

Institutional Affiliation

Date of Submission

Business Case

A business case must offer analysis to ensure that whatever is proposed is the correct type of investment which is affordable, desirable and viable as well as providing value for money to the shareholders and also to the customers(Gambles, 2012). A well-structured and designed business case template comprises the following components:

The project background which is an official document encompassing a shared explanation of whatever is to be anticipated to be done when combating climate change, as well as what the prerequisites are for the climate change together with how to produce the probable volume of work. Therefore, this document has to be formed before the execution process to lay a basis for more goal or target establishment as well as implementation.

Furthermore, the primary purpose of the background is to offer an outline of the project for the decision to be made on the requirement or need to perform the project together with starting the process of planning. Thus, when writing the background for any project, the primary motive or focus must be positioned on offering an overall impression as well as explain the crucial fundamentals. And this basically will let the probable investors get the original idea regarding climate change (Benghozi, Krob, Lonjon, & Panetto, 2013).

Another component is the options for the solution needed to combat climate change. And one way of narrowing down the emphasis to make the correct solution vibrant is to trail the succeeding steps: noting the alternate solutions, enumerating the benefits each and every solution,estimating the charges involved in every answer,figuring out the feasibility, discerning the risks of the climate change as well as the issues that are associated with each of the solution and finally documenting all the solutions listed in the business case. Its purpose is to assist in identification of options that addresses the risks resulting from the alternative solutions as well as other pressures, reassessment of options as well as approaches from the existing designs or plans thus help in determining if they are still applicable and so on (Benghozi, Krob, Lonjon, & Panetto, 2013).

Associated costs refer to all those additional or extra charges that are needed to be considered when purchasing something. For instance, when buying a product from Amazon, such as protective wears to be used to prevent adverse effects of the climate change from affecting peoples heal, one of the costs that will be associated with the product ordered is transportation which will be the extra payment alongside the value of the product itself. And if at all the product purchased requires setting up or installation as well as contracting, then there will be other costs associated with that product purchase. The purpose of the associated costs is that the expenditure of a product or anything, for instance, time, as well as labor, is essential for the accomplishment of a target or goal(Benghozi, Krob, Lonjon, & Panetto, 2013).