6 Sections Every Business Case Should Have
A business case is a document most businesses or individual business units use to explain a business idea and build a plan for its implementation. For large organisations with many initiatives in the pipeline, it can form the basis of approving initiatives, prioritising initiatives, and measuring success after these initiatives have been successfully implemented.
5 Tips For Writing The Financial Section Of A Business Case
Including thorough financial information in a business case is essential and can provide the necessary information for management and investors to examine in detail. So, if you’re looking to write the financial section of a business case, here are some tips to guide you.
Calculating Project Benefits Using The Benefit-Cost Ratio (BCR) Technique
Cost-benefit analysis, which forms a part of most business case documents, is an economic evaluation of investment options and profitability. While there may be non-financial and qualitative aspects of project evaluation, there is usually a strong focus on quantitative evaluation or dollar benefits.
Tips For A Successful Project Start-Up
The use of checklists at the end of each significant project stage (within the gate review process) can ensure your projects are set up correctly and keep them on track.
Combat Risks With Project Health Assessments
Project status reports can often give the impression that a project is on track, while underlying issues ferment beneath the metrics and minutiae, requiring deeper analysis to uncover them. Project Health Assessment involves diving into and analysing all aspects of a project to gauge what is working and what can be improved.
4 Financial Management Activities Every Project Should Consider
For a project to be successfully delivered, it needs to be implemented within scope, to high standards and completed within the approved schedule and budget. This article touches on the key aspects of project financial management.
Simon's 7 Strategy Questions
Asking the right questions about your business strategy will allow you to highlight its strong points, areas for improvement and keep your strategy execution on track.
7 Must-Have Sections of a Concept Document
This article highlights seven essential sections to include in your concept document (in no particular order) and provides some tips for getting started.
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