Use to guide to learn how to assess business cases. Read On!
A business case is a document that provides rationale for a proposed project, program or investment. It lays out the framework for a project or policy and explains how it will be executed, monitored, and evaluated. A good business case presents the opportunities, threats, and risks involved in an investment so that they can be put in perspective. Without a well-written business case, projects can fail to deliver their objectives even when best practices are used.
An organization defines and recommends standards for the delivery of programs and projects. Due diligence and research are required to provide the evidence base for program appraisal. Feasibility studies and benchmarking exercises are conducted at the scoping stage and full studies are done at the detailed planning stages. Together these ensure the success of a program or project.
This e-Book is a guide to business case assessment best practices of investment projects and programs. It provides transparency and uniformity to assessing and appraising these projects and programs. It provides a meticulous and practical approach to the costs and benefits and highlights the major issues, concerns and risks in potential projects.
The e-Book covers the development, process and the issues to consider in the business case assessment of whether a program or project should move forward.