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Better Business Cases Practitioner: Virtual In-House Training

Better Business Cases Practitioner: Virtual In-House Training

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered Online

  • Full day

  • All levels

Description

Better Business Cases™ Practitioner: Virtual In-House Training

Better Business Cases™ is based on the Five Case Model - which is the UK government's best practice approach to structuring spending proposals and making effective business decisions. 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 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 Practitioner course, a candidate will be able to start applying the model to a real business case development project.

What You Will Learn

At the end of this program, you will be able to:

  • Develop the lifecycle of a business case and to 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

Overview of Better Business Cases
  • 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

Determining the Strategic Context and Undertaking the Strategic Assessment
  • 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

Making the Case for Change
  • Agree on the strategic context

  • Determine spending objectives, existing arrangements, and business needs

  • Determine potential business scope and key service requirements

  • Determine benefits, risks, constraint, and dependencies

Exploring the Preferred Way Forward
  • Agree on critical success factors

  • Determine long list options and SWOT analysis

  • Recommend a preferred way forward

Determining Potential Value for Money
  • 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

Preparing for the Potential Deal
  • Determine the procurement strategy

  • Determine service streams and required outputs

  • Outline potential risk apportionment

  • Outline potential payment mechanisms

  • Ascertain contractual issues and accountancy treatment

Ascertaining Affordability and Funding Requirement
  • Prepare the financial model

  • Prepare the financial appraisals

Planning for Successful Delivery
  • Plan programme / project management

  • Plan change and contract management

  • Plan benefits realization

  • Plan risk management

  • Plan programme / project assurance and post project evaluation

Procuring the Value for Money Solution
  • Revisit the case for change

  • Revisit the OBC options

  • Detail procurement process and evaluation of best and final offers (BAFOs)

Contracting for the Deal
  • Set out the negotiated deal and contractual arrangements

  • Set out the financial implications of the deal

Ensuring Successful Delivery
  • 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

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