The case study method aims, through real life examples, to generate open discussion among participants by providing a realistic illustration from the business world. The business case also discusses detailed project goals, performance measures, assumptions, constraints, and alternative options. For example, your business case should be unique, but should also be able to be easily and quickly modified for the need at hand. Business cases made simple 7 example you may decide that the best option is.
May 25, 2017 1616 table of content the key concepts to know to build a business case how to build a business case. How to generate small business leads learn search engine optimization, business blogging, social media marketing, and more to get found by more prospects and generate leads. For example, a customer survey may become an input to a business case that seeks to determine whether a proprietary software application should be. As you can see from the table of contents displayed below, this particular example has everything. The template s companion document, business case guide, provides sample tables as suggested layout for some of the information required. The business case may have a variety of inputs such as.
Usually, a business case analysis is developed by the stakeholders of the business or a project. Financial planning for small business is designed to provide an introduction to the basics of financial planning. A business case template is a tool that assists in the development of a wellconsidered business case. Regardless of the format used, the business case should include all pertinent information needed to evaluate the project benefits. Tips for creating a compelling business case and business case template a business case may seem to require a lot of information, but you can keep it simple if you keep a few things in mind. We also provide an outline for the business case template.
For example, while writing about the legal structure of your business, you will realize the need to include a copy of your partnership agreement. There are many other processes which can be explained using markov chain. Its primary purpose is to provide the information necessary to determine whether or not a project is justified. Finally, every business case must take care when considering who the case will be presented to. Next time you have a formal business request, use a business case to make it easy for any decision maker to say approved. The ongoing viability of the project will be monitored by the project board against the benefits identified in this business case. You will save time by compiling your list of supporting documents while writing the text.
A business case analysis is made to present ways on how the requirements of a program or a project can be provided in a timely manner to ensure the smooth flow and effectiveness of the entire program life cycle. Information technology business case development pdf. The basic contents that you need as a minimum for any project are. This first business case is brought to us by the wiley online library. This business case recommends purchasing electroworkflow, an officeautomation product. Today, a business case is the most persuasive way to convey stories to decisionmakers. A use case defines what needs to happen upon a particular action in order for that action to be completed successfully. This is perfectly normal for an early stage project plan, where were simply trying to determine the. As provided for in these new guidelines, a copy of this business case is being sent to abcs value analysis repository for use, as needed, by future business case development teams.
In such cases, markov chain algorithm will give you number of insights and will serve as a very handy forecasting tool. Once youve filled out a simple form with details regarding your companys overview, objectives, challenges, and strategies, this single page business plan template will automatically convert that information into a professional pdf that can be read at a glance. In addition, knowledge of the relevant polices, tools, and frameworks referenced throughout the guide can have a dramatic impact on the strategic positioning of the business case and the subsequent delivery of the. This document is your template for producing a business case. The key for developing a strong business case is a fundamental understanding of how each of its elements and concepts fit together. To project your business to a potential decision making body, it is essential to have a business case template. Each of these case study examples does an excellent job of outlining the challenges, solutions, and results provided. A business plan helps you evaluate the feasibility of a new business idea in an objective, critical, and unemotional way. May 07, 2018 the business case is developed during the early stages of a project. Complete example of a fictional business case that illustrates key principles and concepts outlined in. Jun 25, 2018 a business case also known as a business need defines a problem or opportunity, measures the effect of a project that solves a problem or exploits an opportunity, and clarifies the costs and benefits of a proposed plan. Executive summary this section should be completed after the rest of the document is finished and should be a succinct summary of all your major points.
This document presents 3 business cases developed over the course of the 12 weeks that huron was engaged by uwsa. The business case template is offered in rich text rtf format. Use this document as a starting tool to begin determining these various aspects of your business. Sample case studies on enterprise software solutions customer relationship management crm case study enterprise resource planning erp case study business intelligence case study business process case study. A business plan is an essential document that holds the algorithms devised by a company or entrepreneurs for their business success. Making a business case would entail quite a lot of work and the process of making it should follow any policies or procedures in an organization. For our project business case example were going to imagine a growing company that is struggling under the weight of calls to its sales lines. Such examples help demonstrate what successful cases do correctly, and how these can be applied to your project. You can adjust the contents of the business case to suit the project and also any organisational standard or methodology youre using. To be able to successfully achieve this, youd have to make a business case template to present to potential investors and stakeholders.
The simple payback period on this investment is less than 10 years. Pdf business cases made simple jaarno saarinen academia. The first example is one which you might find useful for taking decisions in your personal life. Define the strategic role and goals of the project early in the case study. Business cases can range from detailed applications for program management to brief, informal conversations. Similarly, a onepage plan will not be sufficient if you are in need of debt or equity financing and wish to impress financial institutions or potential investors. Mar 08, 2019 this business case from state university of west georgia was written to maximize the return on investment for distance education offerings. Save the template with a file name of your choice to your computer. For example, a preliminary business case, or strategic outline, may be used to confirm the overall strategic approach of the project. Quantify the impact of recommendations provide analysis to support and justify the. Business case example forests, lands, natural resource. Read developing a business case for renewable energy at.
Writing a business plan united states department of. To create a business case from this template, simply do the following. Suppose you and your spouse are considering moving to a new home. You need a business case when you have to justify a resource or expenditure on a project. Following the guidelines you will find another example of a business case that requests additional staff and a third example that uses a modified format. The business case is developed during the early stages of a project. You will need to weigh up the pros and cons of moving. The business the following pages describe in detail each part a through i of the previous business plan outline. Generating small business customers with social media marketing. This sample is a business case for a hypothetical abc company project discussed in the business case primer. The business case justification clean energy project builder.
Replacement of 24,000 feet of pre1930s leadjointed cast iron ci distribution pipe with new 8inch to 16inch ductile iron di pipe to eliminate the loss of 115 million gallons of water per year mgy, equal to 10% of total production and 52% of total system water loss. As you can see from the example, the figures provided for the costs and benefits arent very precise. It will be easier and more transparent to explain particular suggestions if there is a material that can present the specifications of option analysis within a variety of business cases. Browse through and download any of the business case analysis examples that.
A business case is the best way to assess whether a project aligns with an organizations strategic plan of action. The last section of the template, refining your plan, explains ways you may need to modify your plan for specific purposes, such as getting a bank loan, or for specific industries, such as retail or manufacturing. An important point to note is that the business case should be updated over time as new facts come to light as the project is being worked on. By justifying the means and the ends, this can be a. Once written, a business case may simply need minor revisions to deploy or embrace a new process or idea. How to write a business case with business case examples.
Hoffman senior writers have developed hundreds of case studies for our clients. How to write a business case business case template. But, these days, companies, organizations, and those same projects are scrutinizing the investments and theyre really seeking a rate of return. A quick and easy onepage business plan templates can get you started. The 2nd business case example is more business focused. Viewing a business case example can be helpful in illustrating how key elements of the structure for business cases and presentations are properly used. It includes an introduction, strategies for maximizing roi, and a conclusion. Detailed instructions on how to use the business case template are included there.
We wish to thank the committee for this opportunity. The process of developing your business plan will help you outline your goals and the methods by which you plan to reach them. A simple business case template will help to create a clear, concise presentation that will relate to stakeholders and others who may not have your expertise when it comes to your project. If your business is a partnership or requires multiple employees, you may need a more robust business plan. The business case justification solutions for capital project delivery improvement page 4 in addition to deciding whether or not to approve a business case, teams should also determine a strategy for keeping in touch with the progress and realization of the value proposition. The business case should provide a transparent case in support of the recommended decision.
Jul 21, 2014 a memorable presentation transforms numbers on a page into something more tangible, says raymond sheen, author of the hbr guide to building your business case. Today were talking about how to write a business case. Jul 23, 2014 in this article, we saw how markov chain can be used to find out multiple insights and make good predictions on an overall level. Developing a business case for renewable energy at airports. A simple business case template is one that should be free of excess jargon without talking down to the reader. National academies of sciences, engineering, and medicine. Every business case has a financial template and the completed template should be agreed with currently caroline bardrick, dffc for professional services in finance services before the case is submitted to the portfolio management group and the ways of working portfolio board.
Disregard any questions that do not apply to your business. Each section contains brief instructions, shown in italics, which can be removed once your document is finalized. The project business case example is show below for this company. The business case is frequently referred to during the project. The figure below is an example of an image used in this business case which further displays the business strategy. We have also provided a business case example in our media gallery that talks about improving a process. Cdc unified process practices guide business case up version. The business case is used to say why the forecast effort and time will be worth the expenditure. The feasibility study simply provides the business case with more rigor for the solution options presented. Complete the business plan template for a startup business to create a working business plan for your startup. These teams often track the state of their use cases and use case slices using a simple spreadsheet including worksheets such as those shown in figure 12 and figure. Description of the business part a provides an overview of key information which is developed in greater detail. One must also bear in mind that, in business, there are no ideal decisions, only reasonable solutions.
Drinking water state revolving fund green project reserve. Business case study examples marketing case study samples. Writing a business plan georgia state sbdc 6 section one. Some think of a business case template as an excel execution. For example, a customer survey may become an input to a business case that seeks to determine whether a proprietary software application should be updated to new technology. Apr 14, 2020 however, if you are looking to start a simple product or service business as a sole proprietor or oneperson corporation you dont need a 50page business plan. The strategic business case pdf template free download is a very popular business case template among the business men, as it clearly point out the strategies to be used by the business. However, depending on the size andor complexity of a project, the business case may sometimes be developed incrementally. Corporations and municipalities can spend years building business cases for major construction projects, and univer. Quantify the impact of recommendations provide analysis to support and justify the findings. Optimism bias and risk in the early versions of the business case, when risk management proposals are relatively underdeveloped, optimism bias allowances will be higher than in latter versions when well. Well, over the past few years, weve seen the market, or maybe organizations, companies or even projects, move away from doing business cases. The business case is often created early in the project life cycle. This business case outlines how the web platform wp project will address current business concerns, the benefits of the project, and recommendations and justification of the project.
Making a business case analysis can establish trust between the project manager and the stakeholders of the project. Single page business plan template pdf templates jotform. Particularly, it is important for sustaining, maintaining, or increasing the profitability of a business venture or enterprise. The sample shows the typical contents of a business case. One reallife business case example comes from a company that produces oil burners for auto repair or body shop facilities. Organizations, companies, and businesses at one point or another would need to ask for investments from key stakeholders and investors. Hurons business cases are structured proposals that outline the benefits and considerations of an initiative to add informational and analytical value to decision making. Highlight your past successes to attract future business. This business case template takes your projects to the. A business case proposal is a document designed to lay down the details of a certain business project before investors, shareholders, influential clientele or companies and organizations interested in sponsoring the project or working in collaboration with the host organization. If you are building a portfolio of case studies, use these excellent examples for inspiration and format.