Better Business Cases Foundation
Course Code: Q3ClaProj576
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Ensuring projects always get the green light
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Descriptions
Who is this course for
- Senior Responsible Owners (SROs), Programme Directors and other Directors with responsibility for the successful delivery of programmes and projects.
- Project Managers, Project Team members and specialist advisers tasked with delivering a business case for investment.
- Officers involved in the scrutiny and review of investment proposals.
Purpose of the course
The Better Business Cases course will help individuals to understand the philosophy of the Five Case Model best practice approach to business case development.
The APMG-accredited course will delve into the tools and techniques to use in your organisation to increase the chances of launching successful change initiatives that deliver the desired benefits to cost within your organisation.
Benefits for you as an individual
Attending this course will enable you to apply the Five Case Model to a real project and will equip you with the tools and techniques you will need to become a subject matter expert in building better business cases with the full range of knowledge and skills at your fingertips. You will learn to work effectively with a team and to develop a strong business case for your projects and change initiatives and to effectively tailor the guidance to align with your organisational needs, increasing the chances of delivering a successful project.
Benefits for your organisation
Change initiatives often fail at the first hurdle as the business case fails to convince senior management of the return on investment. Creating effective business cases and spending proposals is therefore critical to the development of a comprehensive project implementation plan and securing funding and management buy-in.
Prerequisites
There are no pre-requisites for the foundation course, however a basic understanding of projects and business change would be beneficial.Overview of the Five Case Model
- Key Components of a Business Case
- Key Stages in the development of a spending proposal
- Understanding of terms and concepts
Developing the Strategic Case
- Purpose & Content of a Strategic Case
- Defining risks
- Defining Benefits
- SMART Objectives
- The Case for Change
Developing the Economic Case
- Critical Success Factors
- Long Listed Options
- Short Listed Options
- Benefits Appraisals
- Risk Assessment
- Sensitivity Analysis
Developing the Commercial Case
- Procurement strategy & Route
- Service Requirements & Outputs
- Risk Assignment
- Charging Mechanism
- Personnel Implications
Developing the Financial Case
- Capital and Revenue Requirements
- Impact on Balance Sheet
- Net Effect on Prices
- Affordability & funding
Developing the Management Case
- Understand Project management Controls
- Understand Change management arrangements
- Understand benefits realisation arrangements
- Post implementation & Evaluation arrangements
Additional Exam Information
- Multiple Choice
- 50 questions
- 25 marks or more required to pass (out of 50 available) - 50%
- 40 minutes duration
- Closed book
Pre-Coursework
Please note, there may be a small amount of evening work to complete such as further reading or working though sample exam papers.Get Started
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