business case
TRANSCRIPT
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• Business case
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Sustainable development - Business case
1 However, as Dyllick and Hockerts point out the business case alone will
not be sufficient to realise sustainable development
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Business case
1 A compelling business case adequately captures both the
quantifiable and unquantifiable characteristics of a proposed project.
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Business case
1 Note that it is not the job of the project manager to build the
business case, this task is usually the responsibility of stakeholders and
sponsors.
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Business case - Reasons for creating a business case
1 Business cases are created to help decision-
makers ensure that:
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Business case - Reasons for creating a business case
1 the performance of initiatives is monitored objectively based on the
objectives and expected benefits laid out in the business case
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Business case - Development and approval process
1 The business case process should be
designed to be:
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Business case - Key Elements of the Business Case Report
1 A good business case report, which brings confidence and accountability into the field of making investment
decisions, is a compilation of all information collected during enterprise analysis and the business case process. The key purpose is to provide evidence and justification for continuing with the
investment proposition. Here is a recommended structure:
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Business case - Review and approval
1 At various stages in the project, the business case should be reviewed to ensure that:
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Business case - Review and approval
1 The result of a review may be the termination or amendment of the
project. The business case may also be subject to amendment if the
review concludes that the business need has abated or changed, this will
have a knock on effect on the project.
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Business case - Public sector projects
1 Many public sector projects are now required to justify their need through a business case. In the public sector, the
business case is argued in terms of Cost–benefit analysis, which may
include both financial and non-financial cost and benefits. This allows the
business to take into account societal and environmental benefits, allowing a more comprehensive understanding of
economic impacts.https://store.theartofservice.com/the-business-case-toolkit.html
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Business case - Notes
1 Jump up ^ Building a Project’s Business Case PM Hut, 8
January 2009
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Business case - Notes
1 Jump up ^ Source: Messner, W.: More on Making the Compelling Business Case GloBus Research,
accessed: 5 May 2013 and Messner, W. (2013): Making the Compelling
Business Case. Houndmills: Palgrave Macmillan.
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Phase–gate model - Phase 2: Building the business case and plan
1 There are four main steps that comprise this phase: product
definition and analysis, building the business case, building the project
plan, and feasibility review.
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Phase–gate model - Building the business case
1 This document will vary in format amongst companies, but the primary
components are the following: results of the activities of product definition and
analysis; legal and regulatory requirements; safety, health, and
environmental considerations; assumptions needed to draw the
conclusions made, and why it is believed they are valid and reasonable; and out-of-bounds criteria that indicate certain changes/events which will mandate an
emergency business case reviewhttps://store.theartofservice.com/the-business-case-toolkit.html
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Privacy-enhancing technologies - The business case for PETs
1 if they anticipate a positive business
case
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Privacy-enhancing technologies - The business case for PETs
1 In other words, if the anticipated additional income cumulated over a
couple of years is larger than the anticipated additional cost cumulated over the same number of years, then there is a positive business case and it makes sense for the company to
consider implementing and deploying the privacy enhanced technologies in
question.
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Privacy-enhancing technologies - The business case for PETs
1 Note that the business case outlined here is a 'differential business case', assuming that privacy functions are
added to an existing service and taking into account the additional benefits and costs caused by this
added functionality.
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Robert W. Campbell Award - Campbell Award Business Case Studies
1 Currently, two Robert W. Campbell Award Business Case Studies have
been produced and five are in development. The two finished Case
Studies are:
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Robert W. Campbell Award - Campbell Award Business Case Studies
1 * Noble Corporation – Project Windmill (Campbell Award
Business Case I)
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Robert W. Campbell Award - Campbell Award Business Case Studies
1 * Alcan, Inc. – Leadership Challenges in Cross-Culture Ventures (Campbell Award Business
Case III)
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