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About this document
- Pages
- 17 pages
- Price
- $17 one-time, yours to keep
- Membership
- Included in every plan
- Format
- Subject
- Business, Project Management
This guide explains how to create a business case for a small project. It covers the purpose, structure, and key sections of a business case, and provides a template to follow. It is useful for anyone tasked with developing a business case for a small project.
What's inside
- What is a business case?
- When to develop a business case
- What you need before starting
- How to use the template
- Business case structure and sections
Who it is for: Students and professionals working on small projects. (Professional)
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Summary
A business case is a one-off document for senior management to assess a proposed small project. Students learn how to develop a business case for a small project, and what to include in it.
What is a Business Case
A business case is a document for assessing a proposed project or options for a funded project. It helps senior management decide whether to support and resource a recommended course of action.
When to Develop a Business Case
A business case is developed to gain approval to proceed with a project. It can also be used to obtain resourcing or document what a project will accomplish.
What to Include in a Business Case
A business case includes sections on the project's vision and organisational objective. It also covers the purpose of the business case, situational assessment, assumptions, options, implementation strategy and project management framework.
Assumptions and Constraints
A business case must recognise and record assumptions made during the planning process. It should also identify any specialist resources or skills required, and any dependencies with other projects.
Key terms
- Business Case
- A document for assessing a proposed project or options for a funded project.
- Project Sponsor
- The person who gives approval to develop a business case.
- Organisational Objective
- The goal that a project should relate to and produce results for.
- Implementation Strategy
- The plan for scoping and managing a project that will implement the recommended option.
- Stakeholder
- A person or group impacted by the project or who can impact the project.
- Project Management Framework
- The structure for managing a project, including governance and roles.
Questions this document helps with
- What is the purpose of a business case?
- What should a business case include?
- When should a business case be developed?
Summary written with AI from the document's text.
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