in either case, you write a business case to ensure the investment is worthwhile. you may also use a business case to justify an investment you make in your personal life. a business case is also often used by a project sponsor or project executive to help it decide if they should invest in a specific project. as you can see from the example, the first thing to be clear about in a business case is the reason for doing the project or activity. for a project in an organisation, this is usually referred to as the operational costs of maintaining and operating the projects outputs e.g.
for an organisation to decide if an investment is worthwhile, however, there are several different ways in which it can decide about the investment. this example also contains a dis-benefit which is that the back-office staff morale will be lower due to reduced overtime payments. a dis-benefit is something which you know will happen because of the project and it has negative consequences for the organisation. it helps an organisation be clear about why a project is needed, and what the results of the investment will be. the purpose of a business case is simple – it’s used to justify an investment in an activity. devops foundation® is a registered mark of the devops institute.
think of a business case as the reason you create a project that you’re going to manage in the first place. the key to a business case is the change it creates in your business. this is even the case when the company has a compelling product to sell. in the mid-1990s, a researcher at procter & gamble was working with hydroxypropyl beta-cyclodextrin. they had a potential business case on their hands: a highly marketable product proved difficult to market. that’s an example of a business case overall.
this is a bare-bones example of what a business case might look like, but it does hit on the key points: what’s the problem, how can you fix it, what’s the plan to fix it, and what will happen if you succeed? a business case is challenging because it usually means you’ll have to persuade someone that change is needed. but you’ll still want to present a business case with the straightforward proposals and numbers you’d associate with any new project. the art of a good business case is the art of persuasion. wrike’s project management software can step in and turn a business case from the seedling of an idea to a full-fledged initiative. ultimately, learning how to write a business case is learning how to write a complete story.
be brief and convey only the bare essentials make it interesting, clear, and concise eliminate conjecture and minimize jargon describe your vision of the download free, customizable business case templates in microsoft word and powerpoint formats to set up your team for success. in this post, we’ll break down everything you need to build a business case that will impress your stakeholders and help your project succeed., simple business case example pdf, simple business case example pdf, one page business case template word, business case template free download, business case examples with solutions.
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