Better Business Cases Foundation

Describe the philosophy and the underlying rationale of the Five Case Model

Identify different types of business case, their purpose, who is responsible for them

Recognize when the different types are required in the development of a spending proposal

Develop the business case in relation to other recognized and recommended best practices for programme and project management

Five key components of a business case and the order in which they are presented

Three key stages in the development of a spending proposal

Definition of a programme / project and the key differences between programmes and projects

Purpose of a Business Justification Case (BJC) and in what circumstances it should be considered

Purpose of a Strategic Outline Case (SOC)

Purpose of an Outline Business Case (OBC)

Purpose of a Full Business Case (FBC)

Relationship between policies, strategies, programmes, and projects and their deliverables

Purpose and core content of a Strategic Case

Purpose of SMART robust spending objectives and the key objectives for spend: economy, efficiency, effectiveness, re-procurement, and statutory or regulatory compliance

Four main categories of benefits criteria and the parties involved in their development

Three key categories of risk

Purpose of identifying constraints and dependencies

Difference between direct and indirect benefits

Purpose and core content of an Economic Case

Purpose of critical success factors and the key critical success factors based upon the Five Case Model

Purpose of the long list options and how to generate options and undertake SWOT analysis

Minimum of four short-list options, how they are derived, and what they should include (Reference Project / Public Sector Comparator [PSC])

Difference between the preferred way forward and the preferred option

Purpose, objectives, key participants, and outputs of Workshop Stage 2 - identifying and assessing the options

Rules that should be followed for the treatment of costs and benefits

Key differences between economic appraisals and financial appraisals

Factors considered when selecting the preferred option

Purpose and core content of a Commercial Case

Guiding principles when apportioning risk between the contractual parties

Purpose of payment mechanisms

Purpose of Step 9 in the development framework: Contracting for the deal

Purpose and core content of a Financial Case

The financial statements required for all projects

The possible impacts to consider

Purpose and core content of a Management Case

Purpose of a programme / project management strategy, framework, and plan

Purpose of a change management strategy, framework, and plan

Purpose of a benefits realization strategy, framework, and register / plan

Purpose of a risk management strategy, framework and register / plan

Purpose of a post programme / project evaluation strategy, framework, and plan