Business Case Course: Prepare an Effective Business Case

Business Case Preparation courses in Sydney. Move your ideas into action.

Learn Business Case Preparation with Business Case Preparation courses in Sydney – short courses created for you by the University of Newcastle.

This business case course will provide you with a framework to develop a business case to fulfil any purpose and outcome. It will work through the essential components of a business case and assist you develop skills to boost the prospects of an effective outcome. This business case course will empower you with the tools required to scope, design and write up your business case to pitch to a Board, an executive committee, individual funders or philanthropists. Endorsement by the funding authority requires business cases to provide robust supportive evidence. A business case must align to the strategic priorities of the organisation, ensure the right people and resources are engaged to deliver the project and identify key decision points for reporting on milestones, risks and their mitigation.

Learning Outcomes

At the completion of this business case course you will learn:

1. What is the purpose of a Business Case.
2. What comprises an effective Business Case.
3. How to formulate the ideas at the core of the Business Case.
4. How to identify the key requirements.
5. How to plan and design a Business Case and its' major components (time, cost, benefits, risks etc).
6. How to identify business risks and formulate risk management strategies.
7. How to maintain the integrity of the Business Case (keep it real).
8. How to identify and prioritise alternative solution options to align with the business criteria backed by sound evidence.
9. How to make a compelling case.
10. How to obtain Business Case support and approval.

Course Content

This business case course will cover the following content:

Introduction and Expectations

Overview

• Defining what is a Business Case?
• Determining the information available and its' current level of accuracy.
• Developing a plan for business case preparation.
• Determining the drivers for the Business Case.
• Identifying the supporters and opponents.

Business Case Components

• Establishing and understanding the scope and requirements.
• Determining the various options considered and establishing:
  • Realistic timeframes.
  • Realistic cost estimates.
• Determining the benefits of the various options.
• Identifying the Business Case risks.
• Identifying the delivery approaches – internal and external, resources, phasing.
• Recommending the option – including the do nothing option.

Presenting and Selling the Business Case

• Planning presentation of the Business Case.
  • Understanding the audience.
  • Use of a standard Business Case template.
  • Use of Tables, Diagrams for emphasis or summary.
  • Presentation tips – slides and other presentation material.
• Canvassing support from key stakeholders, governance groups etc.

Intended Audience

This business case course is suitable for anyone who contribute to or are responsible for the successful development of sound business case proposals. This business case course has been designed for business analysts, project managers and consultants from diverse sectors, including public and private enterprise.

Delivery Style

This business case course will be delivered as an interactive workshop consisting of an instructor-led lecture, group and individual activities. This training approach allows participants to work through concepts introduced by the instructor in an application-focused teaching environment. Participants will challenge their understanding of the concepts and consider their application once back in their individual workplace.

Course Prerequisites

This business case course has no prerequisites and is open to all members of the public.