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£3,990
£3,990
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All levels
Using this best-practice approach will allow organizations to reduce unnecessary spending and improve the decision-making process which gives you a greater chance of securing necessary funding and support for initiatives.
The goal of the combined foundation and practitioner course is to develop a candidate's ability to deliver a comprehensive business case through encouraging expanded knowledge to guide the practical application of theoretical foundations. Upon the completion of this course, a candidate will be able to start applying the model to a real business case development project.
The outline presented in the course overview will be addressed in the first 2 days, with the Foundation exam conducted on the morning of Day 3. Then the topics will be revisited at a deeper level, for 2 more days, with the Practitioner exam conducted on the afternoon of Day 5.
At the end of this program, you will be able to:
Develop the lifecycle of a business case and establish the relationships between the five cases
Apply the steps in the business case development framework, in order to support the production of a business case, using the Five Case Model, for a given scenario.
Alignment with the strategic planning process
Importance of the Business Case using the Five Case Model
Overview of the Five Case Model
Purpose of the key stages in the development of a spending proposal
Purpose of a Business Justification Case
Business Case Development Process
Purpose of project / programme assurance and assurance reviews
Responsibility for producing the Business Case
Scoping the Scheme and Preparing the Strategic Outline Case
Planning the Scheme and Preparing the Outline Business Case
Procuring the Solution and Preparing the Full Business Case
Implementation and monitoring
Evaluation and feedback
Agree on the strategic context
Determine spending objectives, existing arrangements, and business needs
Determine potential business scope and key service requirements
Determine benefits, risks, constraints, and dependencies
Agree on critical success factors
Determine long list options and SWOT analysis
Recommend a preferred way forward
Revisit the short list
Prepare the economic appraisal for short-listed options
Undertake benefits appraisal
Undertake risk appraisal
Select preferred option and undertake sensitivity analysis
Determine the procurement strategy
Determine service streams and required outputs
Outline potential risk apportionment
Outline potential payment mechanisms
Ascertain contractual issues and accountancy treatment
Prepare the financial model
Prepare the financial appraisals
Plan programme / project management
Plan change and contract management
Plan benefits realization
Plan risk management
Plan programme / project assurance and post-project evaluation
Revisit the case for change
Revisit the OBC options
Detail procurement process and evaluation of best and final offers (BAFOs)
Set out the negotiated deal and contractual arrangements
Set out the financial implications of the deal
Finalize project management arrangements and plans
Finalize change management arrangements and plans
Finalize benefits realization arrangements and plans
Finalize risk management arrangements and plans
Finalize contract management arrangements and plans
Finalize post-project evaluation arrangements and plans