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Preparing great business cases
In the current environment it is increasingly difficult to obtain funding for new initiatives. Management teams and Treasury are looking for well argued business cases that fully demonstrate the financial and non-financial benefits along with a thorough risk assessment. Focusing on real business needs and value for money has never been more important.
This programme will enable you to put together business cases that are both credible and realistic. It is crammed full of tips and tools that you'll be able to apply as soon as you return to work.
What our participants say:
'The course was custom designed to fit with the LINZ environment' - Rochelle Young, Management Business Adviser, LINZ.
Objectives:
After completing this course you will be able to:
- Establish the objectives and the scope of the business case
- Ensure alignment of your business case with business needs and priorities
- Identify stakeholders who should be consulted
- Pinpoint critical success factors
- Identify risks and assumptions to the business case and take mitigating actions
- Evaluate different options and scenarios before finalising the scope of the business case
- Calculate NPV, IRR, Payback and ROI
- Clearly establish project costs, operating costs and funding sources
- Identify factors behind business case failures and cost blow outs and how to avoid the pitfalls
Our training programmes:
- Introduce practical tools and techniques to improve organisational performance
- Build business acumen and commercial orientation competencies
- Develop critical thinking and evaluation skills
- Cater for all learning styles and use accelerated learning techniques
- Engage participants in business cases and examples
Feedback from business skills and business improvement programmes
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