Summary of the business case
- A Business Case To make effective decisions, organisations need accurate, insightful, timely, concise, and objective information. One way in which such information can be gathered is through the preparation of a business case
- Framing the Business Case
- You will create a formal business case.
- Your case must provide a convincing argument demonstrating why the stakeholders should progress, or further pursue your idea
- It will demonstrate analytical reasoning and critical evaluation skills
- It will communicate clearly and concisely
- Consider how the discovery and analysis of data, using data analytics can make your case more effective and how this establishes its strong market potential
- It will carefully consider the anticipated benefits
- Structuring the Business Case
- Business cases are well structured documents, and the suggested format is detailed below
- Business cases are usually organised into separated sections and sub-sections appended by informative visuals (e.g.: charts and diagrams)
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