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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:

Panel
  1. Identify: Facilitate gathering of information through the

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  1. business 
  2. Analyze and Understand: Document the information,

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  1. analyze, and validate through the

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  1. business 
  2. Initiate: Submit business case in conjunction with project cost template to FBC and obtain necessary

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  1. 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

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1. Area

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VPF or HR-Payroll?

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.2. Project

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Hourly Student Appointments

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3. Potential sponsor:

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Gerry O'Toole

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4. Submittal Date

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8/5/2011

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...

 

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Purpose of Project

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  • General Description of Proposed

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  • project:

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  • A brief description and

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  • summary of

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  • the

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  • project

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  • Drivers:

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  • Describes the customer needs (internal or external) that would be met. What business problem does this solve?

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  •  
  • Initial Scope:

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  • Identify business functions that must be included in the project and, if known, functions that are definitely out of scope

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  • Benefits: How the solution will

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  • affect the business   
  • Risks: Explain risks and impact of not doing the project

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  • Assumptions
  • Desired Time Line for Implementation

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  • Notes: any information you feel is relevant to justify the need for the project
  • Signature of person(s) approving the business case
  • Date Approved

               
how does approved by work?
insert variables - not intuitive label
Approved by: _________________________________________________________________________
Date