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Business Case Development

Putting first things, first.

The first step towards a successful project outcome is to understand the 'why?', and this starts with the development of a business case. Business cases can range from comprehensive and highly structured, as required by formal project management methodologies, to informal and brief - but in either case they are equally as important. Information included in a formal business case could be the background of the project, the expected business benefits, the options considered (with reasons for rejecting or carrying forward each option), the expected costs of the project, a gap analysis and the expected risks. Consideration should also be given to the option of doing nothing including the costs and risks of inactivity. From this information, the justification for the project is derived. Whilst the responsibility for the business case sits with the stakeholders and sponsors, Asq Projects can develop the business case on your behalf whilst providing an objective view, insight and technical expertise to deliver a compelling business case.

A business case by Asq Projects captures the reasoning for initiating a programme of works or project. Your business case is presented in a well-structured written document using our templates or yours, Asq Projects can also  provide support and/or delivery of the business case and presentation to the stakeholders. The logic of the business case is that, whenever human and $$$ resources are to be consumed, that activity should be in support of a specific business need. A common example is that a software upgrade might improve system performance, but the "business case" is that better performance will improve customer satisfaction, require less task processing time, or reduce system maintenance costs. A compelling business case will adequately capture both the quantifiable and unquantifiable characteristics of a proposed project.

A good business case is the basis and provides the guiding principles for developing all other project and business outcomes as the project or programme begins to be executed.

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