Building the Business Case

COURSE OUTLINE:

Description

No matter how strongly you believe in the value of your project, you still must convince your management team it's worth the resources. In this short course, you will learn how to structure and write a concise business case. You'll learn how to define the project scope, costs, and benefits, as well as the return on investment (ROI). You'll also learn how to ensure that management thoroughly understands the proposed project.

Virtual short courses do not include materials or headsets.

Audience

PMP-certified project managers, IT project managers, project coordinators,project analysts, project leaders, senior project managers, team leaders,product managers, program managers, project sponsors, and project team memberswho want to continue to develop their skills and renew their PMP certification.

Learning Objectives

  • The purpose of a business case
  • Essential elements that make up a successful business case
  • Write an effective business case

1. What is a business case?

2. Purpose of a business case

3. Structure of a business case

  • Internal request for funding
    • Title page
    • Executive summary
    • Introduction
    • Justification
    • Market analysis
    • Technology implications
    • Future state
    • Cost benefit analysis
    • Alternatives and recommendations
    • Deliverables and target schedule
    • Success criteria
    • Risks and assumptions
    • Signatures
  • High-level request for funding
    • Title page
    • Executive summary
    • Introduction
    • Disclaimer
    • Metrics used
    • Forecasts
    • Cash flow analysis
    • Financial metrics
    • Nonfinancial metrics
    • Conclusions and recommendations
    • Reasoning
    • Actions and next steps
    • Methods
    • Assumptions
    • Sensitivity analysis
    • Risk analysis
    • Risk discussion
    • Appendices

4. Tips for writing a successful business case