Business Analysis Courses
Developing a Business Case course
Project managers and business analysts must be able to develop and defend a business case justifying their projects. Additionally, programme managers are asked to verify the benefits realisation stated in a business case against their programmes. Developing a Business Case provides the programme manager, project manager and/or business analyst with hands-on practice developing and documenting a project business case. As part of the course, participants receive detailed templates for developing a business case document and the associated economic spreadsheets. Participants then use the templates to develop a business case based on a robust case study.
This course also provides participants with the necessary skills for evaluating, comparing and prioritising business cases for the purposes of building an annual project portfolio.
This course has been updated to reflect the BABOK® Guide-Version 2.0.
What will I learn?
- Prepare and document a business case for a discretionary or nondiscretionary project
- Evaluate business cases using quantitative and qualitative criteria
- Compare business cases based on cost/benefits
- Prioritise business cases for the purpose of building a project slate
What is included in the price?
Pre-course assessment tools
Food and Refreshments
Post course reinforcement training
Online tools and templates
What topics will be covered in the course?
- Purpose of the Business Case
- The main body of the document
- Project description (template—Microsoft® Excel 2003)
- Stand-alone economics (template—Microsoft® Excel 2003)
- Initially during enterprise analysis
- Updated during the solution development life cycle (SDLC)
- Upon defining solution requirements (waterfall SDLC)
- Iteratively during each solution increment (agile SDLC)
- Planning for disputes
- Discretionary and nondiscretionary projects
- Hurdle rates to filter discretionary projects consideration
- Project slate development process
- Project Economics
- Create a project income stream using cost, benefits and duration
- Calculate economic indicators
- Payback period
- Return on investment (ROI)
- Net present value (NPV)
- Cost-benefit ratio (CBR)
- Internal rate of return (IRR) for a project
- Comparative analysis or criteria-based grid techniques
- Evaluate and select projects for execution based on business contributions and economics
- Typical types of contract inspections:
- In-process inspections
- Materials inspection and test
- Pre-final inspections
- Final inspections
- Acceptance (criteria, place, and rejection)
- Warranties (types and issues)
- Contract payment objectives
- Typical contract payment methods
- Progress payment process
- Buyer measurement and valuation
- Lien waivers
- Final payment process
- Invoice and payment challenges
- Mutual agreement
- Default or cause
- Notifications – what to say
- Termination of a contract
- Contract closeout procedure
- Contract closeout checklist
- Documenting and sharing lessons learned
Available as customised in-house training
Let us bring our classes to you! Our in-house training are ideal for groups of 10 or more people. We can provide Off-the-shelf training in the form of our classic courses, or we can provide bespoke training, tailored to your organisational goals and objectives. Find out more here.
Why choose us?
What sets us apart from many other training companies is that we guide you through your entire learning journey. We work together with you to assess your skills gap, map out your individual learning path and offer you the resources to then help you reinforce and adopt new tools and techniques learnt from your training and apply them to your daily work. Find out more.