Description

Better Business Cases™ Practitioner: Virtual In-House Training

Better Business Cases™ is based on the Five Case Model - which is the UK government's best practice approach to structuring spending proposals and making effective business decisions. Using this best-practice approach will allow organizations to reduce unnecessary spending and improve the decision-making process which gives you a greater chance of securing necessary funding and support for initiatives.

The goal of the practitioner course is to develop a candidate's ability to deliver a comprehensive business case, through encouraging expanded knowledge to guide the practical application of theoretical foundations. Upon the completion of this Practitioner course, a candidate will be able to start applying the model to a real business case development project.

What You Will Learn

At the end of this program, you will be able to:

Develop the lifecycle of a business case and to establish the relationships between the five cases

Apply the steps in the business case development framework, in order to support the production of a business case, using the Five Case Model, for a given scenario

Overview of Better Business Cases

Alignment with the strategic planning process

Importance of the Business Case using the Five Case Model

Overview of the Five Case Model

Purpose of the key stages in the development of a spending proposal

Purpose of a Business Justification Case

Business Case Development Process

Purpose of project / programme assurance and assurance reviews

Responsibility for producing the Business Case

Determining the Strategic Context and Undertaking the Strategic Assessment

Scoping the Scheme and Preparing the Strategic Outline Case

Planning the Scheme and Preparing the Outline Business Case

Procuring the Solution and Preparing the Full Business Case

Implementation and monitoring

Evaluation and feedback

Making the Case for Change

Agree on the strategic context

Determine spending objectives, existing arrangements, and business needs

Determine potential business scope and key service requirements

Determine benefits, risks, constraint, and dependencies

Exploring the Preferred Way Forward

Agree on critical success factors

Determine long list options and SWOT analysis

Recommend a preferred way forward

Determining Potential Value for Money

Revisit the short list

Prepare the economic appraisal for short-listed options

Undertake benefits appraisal

Undertake risk appraisal

Select preferred option and undertake sensitivity analysis

Preparing for the Potential Deal

Determine the procurement strategy

Determine service streams and required outputs

Outline potential risk apportionment

Outline potential payment mechanisms

Ascertain contractual issues and accountancy treatment

Ascertaining Affordability and Funding Requirement

Prepare the financial model

Prepare the financial appraisals

Planning for Successful Delivery

Plan programme / project management

Plan change and contract management

Plan benefits realization

Plan risk management

Plan programme / project assurance and post project evaluation

Procuring the Value for Money Solution

Revisit the case for change

Revisit the OBC options

Detail procurement process and evaluation of best and final offers (BAFOs)

Contracting for the Deal

Set out the negotiated deal and contractual arrangements

Set out the financial implications of the deal

Ensuring Successful Delivery

Finalize project management arrangements and plans

Finalize change management arrangements and plans

Finalize benefits realization arrangements and plans

Finalize risk management arrangements and plans

Finalize contract management arrangements and plans

Finalize post-project evaluation arrangements and plans

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Better Business Cases Practitioner: Virtual In-House Training

By IIL Europe Ltd

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