Reduce Time to Consensus With an Accelerated Business Case

Expand on the financial model to give your initiative momentum.

Onsite Workshop

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.

Module 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.
  • Decision traceability
1.2 Define the proposed initiative.
  • Initiative summary
1.3 Define the problem/opportunity statement.
  • Problem/opportunity statement
1.4 Clarify goals and objectives expected from the initiative.
  • Business objectives

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.
  • Shortlisted alternatives
2.2 Identify the tangible and intangible benefits.
  • Benefits tracking model
2.3 Assess current and future costs.
  • Total cost of ownership
2.4 Create the financial business case model.
  • Impact analysis

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.
  • Benefits realization schedule
3.2 Identify performance measures and tracking.
  • Performance tracking framework
3.3 Assess initiative risk.
  • Risk register

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.
  • Final recommendation
4.2 Create the detailed and summary business case presentations.
  • Business case presentation
4.3 Present and incorporate feedback.
  • Final sign-off
4.4 Monitor and close out.

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