From the course: Business Analysis Foundations: Strategy Analysis
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Technique: Business cases
From the course: Business Analysis Foundations: Strategy Analysis
Technique: Business cases
- If you've been working in the project space for any length of time, chances are you have worked with business cases. Maybe you've been asked to create one, or possibly, you've been on the receiving end of one, using its contents to guide your work. A business case captures the rationale for undertaking a change. That change can be anything that requires time, money and or people resources, whether it's the acquisition of new equipment, new software, even a new service the business wants to provide its customers. The list of ideas that can be championed through a business case are endless. Business cases are useful because they provide a structured way to assemble the analysis results from the fourth strategy analysis task, Define Change Strategy. They've been around for a long time, and many organizations require them to approve funding for a change initiative. While some organizations may require a formalized…
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