Business Case Skills

Learn how to prepare, update and evaluate business cases
Overview

Staff throughout a business regularly produce Business Cases. Often, they are created without any prior formal training leading to a poor quality of work and important decisions being made on inadequate information.

This course provides staff with the relevant knowledge and skills to create effective Business Cases that add real value to the task in hand.

Course Code
BCS1PM
Duration
1 Day
Delivery Style
Classroom
Course Type
Public or Private
Max Delegates
12
Available as Nutshell
No

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Purpose of this course

This course will ensure that you have all the necessary techniques to write a compelling Business Case; Providing the knowledge and skills to develop, update, and evaluate Business Cases.

Who is this course for

The course is aimed at those who will be required to prepare, review, or update a Business Case.

You will learn how to
  • Investigate Business Case options
  • Assess benefits according to different types
  • Identify major risks to the Business Case
  • Carry out a cost/benefit analysis
  • Understand selected investment appraisal techniques
  • Write a Business Case
     
Benefits for your organisation

Business Cases are sometimes written to secure funding and are then left on the shelf. This course emphasises the importance of treating the Business Case as a living document and the basis for a project continuing, as well as commencing. This approach ensures that a project or piece of work continues to provide value as it develops and changes.

Benefits for you as an individual

You will feel more confident as to the typical contents of a Business Case and to understand the purpose of the major headings. You will also understand the purpose of a Business Case and the importance of it as a document that reflects the state of a project at any time and its use in reviews to gauge the ongoing viability of the project.

Business Case

Writing
Defined
Sample composition
What is it?
Why write one?
Strategy and the Business Case

Options

Identifying
Analysis

Benefits

Testing a Benefit
Benefits Value types
Benefits Map
Disbenefits

Costs

Cost Benefit Analysis

Investment Appraisal Techniques

Payback Period
Discounted Cash Flow
Net present value

Do Nothing
Prerequisites

An awareness of Project Management, and an exposure to Business Cases.

About the Lead Trainer

Alex knows his project management inside out, currently teaching PRINCE2®, Change Management and APM PMQ courses. He’s a real advocate for Quanta business games knowing that being part of a live scenario is by far the best way to get to grips with project management.