Developing the Business Case: In-House Training
Business analysts must be able to create business case documents that highlight project benefits, costs, and risks. The business case is based on the real business need to be solved. These become parts of proposals, feasibility studies, and other decision support documents. This course teaches the purpose, structure, and content of a business case. It presents the basic techniques for determining financial ROI, non-tangible benefits, and the probability of meeting expectations.
What you will Learn
At the end of this program, you will be able to:
Perform feasibility studies
Justify the business investment to solve the business problem
Prepare an effective business case document
Plan and implement a business case approval process
Foundation Concepts
The role of the BA
An introduction to the BABOK® Guide
The business analyst and the product / project life cycle (PLC)
The business case deliverable
Introducing the Business Case Process
The BA and strategy analysis
The BA and the business case process (BCP)
The BA during the business case process (BCP)
The BA after the business case process (BCP)
Importance of defining solution performance metrics
Defining the Business Need
Overview of defining the business need
Business needs: problem / opportunity statement
Product vision
Objectives and constraints
Exploring Business Case Solutions
Overview of exploring solutions
Solution identification for feasibility
Solution definition for analysis
Assessing project risks
Justifying the Business Case
Overview of justifying the business case
Qualitative justification
Quantitative justification
Approving the Business Case
Overview of business case approval
Developing recommendations
Preparing the decision package - documents
Preparing the decision package - presentations