Thursday, December 9, 2010

The Nuts and Bolts of Preparing a Business Case (Project Management)

From: [Project Smart]

Change is a challenging prospect, especially when it is geared towards improving business operations. There is a lot at stake and project proponents need to secure the buy-in of stakeholders to make an effective business change. However stakeholders won't just roll over and say "OK." They want everything in black and white. The first document they want to see before they buy-in, is the business case.

The business case is therefore a very powerful and crucial document. This is what will be used to communicate and persuade that key group of people, the stakeholders. It is a logical argument that explains in clear terms why a project should be supported.

This document answers, financial and other consequences if one action or another is taken. It supports:

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