Page 284 - SBL Integrated Workbook STUDENT 2018
P. 284

Chapter 22





                           The business case document





               2.1   Typical contents

               Content                What it contains                       Benefits of having this


               Strategic analysis     Analysis of the environment and        Identifies the drivers for
                                      the organisation’s position            the project

                                                                             Provides a strategic
                                                                             rationale for the project


                                                                             Develops clear project
                                                                             goals

               Benefits and costs  Details on how the project will           Provides a financial
               for the project        improve the organisation               rationale for the project


                                      This may include a formal financial  Facilitates benefits
                                      evaluation of the project              realisation

               Project constraints  The likely time, cost and scope of       Provides clear boundaries
                                      the project                            for the project

                                                                             Can help in developing
                                                                             targets for project
                                                                             elements

                                                                             Provides a better
                                                                             understanding of what
                                                                             won’t be impacted by the
                                                                             project

               Risk analysis          The potential likelihood and impact  Allows for contingency
                                      of key project risks                   planning


                                                                             The project is better
                                                                             prepared for when things
                                                                             go wrong

                                                                             Proactive rather than
                                                                             reactive action is taken

                                                                             The project is more likely
                                                                             to stay under control



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