To download template, click here: Business Case Template.doc
To see a completed example, click here: Business Case Example
Why develop a Business Case?
A business case provides justification for approving a project, outlines the benefit and drivers for the business, the investment value in relation to other projects, and helps assess the project's impact on resources.
Steps:
- Identify: Facilitate gathering of information through the business
- Analyze and Understand: Document the information, analyze, and validate through the business
- Initiate: Submit business case in conjunction with project cost template to FBC and obtain necessary approval
What to include in a business case?
- Business Case Header: [Project Name ] Business Case
- Functional Area within IS&T
- Project Name
- Potential Sponsor
- Submission Date
- General Description of Proposed project: A brief description and summary of the project
- Drivers: Describes the customer needs (internal or external) that would be met. What business problem does this solve?
- Initial Scope: Identify business functions that must be included in the project and, if known, functions that are definitely out of scope
- Benefits: How the solution will affect the business
- Risks: Explain risks and impact of not doing the project
- Assumptions
- Desired Time Line for Implementation
- Notes: any information you feel is relevant to justify the need for the project
- Signature of person(s) approving the business case
- Date Approved
Overview
Content Tools
Activity