Business Case Development Framework
30 min! Run Time
Employees
only
Provided
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Access
Description
A business case both justifies a project and measures its success. This course walks through building a robust one, supported by a slide presentation and a working Excel model.
What this course covers:
- The role of the business case in justifying a capital budgeting decision
- Quantifying key financial metrics: Net Present Value, Return on Investment, payback period, and cost of investment
- Maintaining and adjusting the model to track progress against projections
- Using an included sample business case model built in Microsoft Excel
You finish able to develop and maintain a credible business case for your own projects.
System Requirements
See System Requirements in the Coggno Knowledge Base
Author
What Is Flevy?
Flevy develops management training guides of the same caliber as those produced by top-tier management consulting firms, like McKinsey, Bain, Accenture, BCG, and Deloitte. In fact, our authors include ex-consultants from all these firms. Most of our materials were developed by seasoned executives and consultants with 20+ years of experience.
Business Case Development Framework
This is a 32-slide PowerPoint presentation with an accompanying Excel business case model.
The Business Case is an instrumental tool in both justifying a project (requiring a capital budgeting decision), as well as measuring the project's success. The Business Case model typically takes the form of an Excel spreadsheet and quantifies the financial components of the project, projecting key metrics for making any important business decision: e.g. Net Present Value (NPV), Return on Investment (ROI), Payback Period, Cost of Investment.
If a project has been justified by the Business Case (both financially and non-financially) and receives the go-ahead from executives, the Business Case model is then continuously maintained and adjusted to track the project's progress against the initial financial projections and assumptions. This model then becomes a working document used during the project management process.
This toolkit will detail the process of creating a robust Business Case. It also includes a working sample Business Case model (in Microsoft Excel).