Versions Compared

Old Version 33

changes.mady.by.user Karon S McCollin

Saved on

compared with

New Version 34

changes.mady.by.user Karon S McCollin

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

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 business 
  2. Analyze and Understand: Document the information, analyze, and validate through the business 
  3. Initiate: Submit business case in conjunction with project cost template to FBC and obtain necessary approval

What to include in a business case?

  • Wiki Markup
    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 effect 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