Building an Effective Business Case Training

In this Building a Business Case training course you will learn the importance of carefully analysing, creating, and communicating a successful business case in order to maximise its chance for approval. You will gain the skills to define desired outcomes, design evaluation criteria, weigh costs against benefits, and communicate a comprehensive business case to improve decision making.

To learn how to build a business case you will participate in a two-day simulation, creating a business case from start to finish. Supported by video, games, collaborative software, and your instructor (available as your consultant) you will design, present, and deliver a business case.

• Course training material will be provided to attendees
• In this highly interactive training students spend 75% of time in-class ‘doing’
• Attendees will be given access to several templates to use back at work

Building an Effective Business Case Training Delivery Methods

• After-course instructor coaching benefit
• Learning Tree end-of-course exam included
• After-course computing sandbox included

Building an Effective Business Case Training Course Benefits

• Analyse, create, and communicate a compelling business case
• Identify and prioritise alternative solutions to align with business criteria
• Perform cost-benefit analysis
• Identify the risks associated with an initiative

Building a Business Case Course Outline

Business Case Fundamentals

Business case introduction

• •The reasons for constructing a business case

• •Introduction to the simulation

Business case content and context

• •The business case in the business project life-cycle

• •Business options in the business case

• •Business case content and structure

• •The Business Case as organisational process asset

The Business Case Process

• •Introducing the ADAPTS business case analysis process

• •Focusing on the required elements

• •Examining the role and value of the steps

Managing Stakeholders and Requirements

Stakeholder Identification and Management

• •Identifying business-level stakeholders

• •Conducting stakeholder analysis

• •Harvesting stakeholder goals

Determining the Problem

• •Clarifying the business goals

• •Creating a Problem Statement

Documenting the scope

• •Turning goals into business requirements

• •Documenting the business requirements

Selecting Options

Deducing key decision criteria

• •Weighting decision criteria

• •Determining possible alternatives

Researching alternatives

• •Examining the business options

• •Developing the options for presentation

Identifying & Measuring Costs & Benefits

Estimating costs

• •Establishing costs

• •Evaluating and selecting financial appraisal methods

• •Creating and applying a basic cost model

Forecasting benefits

• •Categorizing tangible and intangible benefits

• •Proving intangible benefits with a benefits rationale

Investment appraisal

• •Employing four common financial analysis tools

• •Producing a cash flow model

Managing Business Case Risk

Risk assessment methods and tools

• •Recognizing the impact of time and risk

• •Creating and using a risk register

Prioritising risks

• •Applying a risk assessment matrix

• •Framing risk with your stakeholder analysis

• •Aligning risk evaluation with stakeholder point of view

Presenting the Business Case

Targeting Your Recommendation

• •Delivering and positioning the solution

• •Aligning the business case with stakeholders

• •Aligning and prioritising initiatives

• •Prioritising and selecting alternatives

• •Selecting the business case delivery methodology

Crafting a Persuasive Business Case

• •Overcoming the business document paradox

• •Minimizing content to get maximum results

Presenting the Business Case

• •Organizing your presentation

• •Preparing the message

• •Sequencing the content

Tailoring your presentation to the audience

• •Selecting the delivery medium

• •Communicating your case with confidence

• •Validating your presentation

• •Generating feedback for improvement