Reduce Time to Consensus With an Accelerated Business Case
Expand on the financial model to give your initiative momentum.
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Diving into a large enterprise application investment without preparing a sound business case can result in:
- Cost overruns.
- Failure to meet project deadlines.
- Unanticipated delays.
- System underutilization.
- Unrealized benefits.
- Negative Return on Investment.
Building a comprehensive business case that justifies an investment financially and strategically will ensure:
- Consensus across the organization.
- Buy-in from key stakeholders.
- Provision of necessary resources.
- Accountability throughout execution.
- Performance traceability.
- Realistic ramp-up for benefits realization.
- Positive Return on Investment.
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Onsite Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn’t enough, we offer low-cost onsite delivery of our Project Workshops. We take you through every phase of your project and ensure that you have a road map in place to complete your project successfully.
Book NowModule 1: Plan for Business Case Development
The Purpose
- Complete the necessary preceding tasks to building a strong business case.
Key Benefits Achieved
- Alignment with business objectives.
- Stakeholder buy-in.
| Activities: | Outputs: | |
|---|---|---|
| 1.1 | Map the decision flow in your organization. |
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| 1.2 | Define the proposed initiative. |
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| 1.3 | Define the problem/opportunity statement. |
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| 1.4 | Clarify goals and objectives expected from the initiative. |
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Module 2: Build the Business Case Model
The Purpose
- Put together the key elements of the business case including alternatives, benefits, and costs.
Key Benefits Achieved
- Rationalize the business case.
| Activities: | Outputs: | |
|---|---|---|
| 2.1 | Design viable alternatives. |
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| 2.2 | Identify the tangible and intangible benefits. |
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| 2.3 | Assess current and future costs. |
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| 2.4 | Create the financial business case model. |
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Module 3: Enhance the Business Case
The Purpose
- Determine more integral factors in the business case such as ramp-up time for benefits realization as well as risk assessment.
Key Benefits Achieved
- Complete a comprehensive case.
| Activities: | Outputs: | |
|---|---|---|
| 3.1 | Determine ramp-up times for costs and benefits. |
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| 3.2 | Identify performance measures and tracking. |
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| 3.3 | Assess initiative risk. |
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Module 4: Prepare the Business Case
The Purpose
- Finalize the recommendation and formulate the business case summary and presentation.
Key Benefits Achieved
- Prepare the business case presentation.
| Activities: | Outputs: | |
|---|---|---|
| 4.1 | Choose the alternative to be recommended. |
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| 4.2 | Create the detailed and summary business case presentations. |
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| 4.3 | Present and incorporate feedback. |
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| 4.4 | Monitor and close out. |
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