Better business cases

Overview:

Introduction:

This training program designed to prepare participants for the certification exam only.

In today's dynamic business environment, the ability to develop robust and compelling business cases is essential for securing investment, driving strategic decisions, and ensuring the success of projects. The "Better Business Cases" training program is designed to equip participants with the skills and knowledge necessary to create effective and persuasive business cases. This program is based on proven methodologies and best practices, providing participants with practical tools and techniques to develop, present, and evaluate business cases that deliver value.

Program Objectives:

By the end of this program, participants will be able to:

• Understand the principles and importance of developing effective business cases.

• Identify and analyze key components of a business case, including financial and non-financial benefits.

• Apply structured methodologies to create comprehensive and compelling business cases.

• Enhance decision-making by presenting clear and evidence-based business cases.

• Critically evaluate business cases to ensure alignment with organizational goals and strategic priorities.

Target Audience:

• Project managers and team leaders responsible for developing and presenting business cases.

• Financial analysts and planners involved in project funding and investment decisions.

• Business development professionals seeking to enhance their proposal development skills.

• Senior managers and executives who review and approve business cases.

Program Outline:

Unit 1:

Introduction to Business Cases:

• The Importance of Business Cases

  • Understanding the role of business cases in strategic decision-making.

  • Key elements and structure of an effective business case.

•  Identifying Stakeholders and Their Needs

  • Stakeholder analysis and engagement.

  • Aligning business cases with stakeholder expectations and organizational goals.

Unit 2:

Defining the Problem and Identifying Solutions:

• Problem Definition and Opportunity Identification

  • Techniques for clearly defining the problem or opportunity.

  • Identifying potential solutions and alternatives.

• Feasibility Analysis

  • Conducting feasibility studies to evaluate potential solutions.

  • Assessing risks and uncertainties.

Unit 3:

Financial and Non-Financial Analysis:

• Financial Analysis and Cost-Benefit Analysis

  • Key financial metrics: ROI, NPV, IRR, and payback period.

  • Performing cost-benefit analysis to quantify benefits and costs.

•  Non-Financial Analysis

  • Evaluating qualitative benefits and impacts.

  • Incorporating non-financial factors into the business case.

Unit 4:

Developing and Presenting the Business Case:

• Structuring and Writing the Business Case

  • Best practices for writing clear and compelling business cases.

  • Structuring the business case document for maximum impact.

• Presenting the Business Case

  • Techniques for effective presentation and communication.

  • Engaging stakeholders and securing buy-in.

Unit 5:

Reviewing and Evaluating Business Cases:

• Review and Approval Processes

  • Internal review and approval workflows.

  • Ensuring compliance with organizational policies and standards.

• Post-Implementation Review

  • Evaluating the success of implemented business cases.

  • Lessons learned and continuous improvement.

Note: This program is designed to prepare participants for the certification exam only.