A Sample Business Case

A sample business case is the best resource a project manager can use in helping them devise a new presentation for a business opportunity they need to present to a group of stakeholders. The sources for this sample can be from many different places, but always keep in mind of what has been sponsored by this group of stakeholders in the past, and their perception of a good business opportunity.

The format of the sample business case does not always have to be used for your presentation. The sample is a good place to start, but never limit or restrict yourself when it is not necessary. For most practical purposes like saving time and including the necessary content in the correct order, the use of a project management template for the creation process of your formal document is advised.

To get a different perspective, more than one sample business case should be reviewed. This can give the manager the best chance at gaining approval for their idea. By reviewing several different proposals that have gained approval from this particular set of stakeholders, it will lead you in the right direction to what they are looking for and willing to make an investment in.

For a better perspective on what is desired, not only should a sample business case that was approved in the past be reviewed but also several proposals that were denied. Look at the reasons given for their denial of financial backing and do not make the same mistake. This could be as simple as not emphasizing the correct category of interest that the stakeholders view as top priority.

The use of a sample business case as a guide, along with a template, will give your business proposal the best chances of gaining approval with the set of stakeholders you are presenting it to. Know the stakeholders and what they value the most so your business case meets their requirements. This is the best use of this project management tool for a path to success and a profitable revenue stream.

Comments

Post a Comment

Popular posts from this blog

Lean Methodology

The use of lean methodology has grown in the manufacturing sector since it was first implemented after World War II. As time has progressed, this methodology has been refined with the end result of creating more, faster and with less. The type of companies that can best utilize the lean methodology approach is manufacturing, because of the principles involved with it. This is to create a product with as little invested as possible in the deliverable. For a company wishing to use the lean methodology , they must first analyze their process in depth. Once the analysis has been completed in every process, the process of eliminating waste can begin on the process as a whole. Each part of the process has to contribute to the end product. The cutting of waste from each and every step in the production of a deliverable is the core essence of the lean methodology approach. This can be in the material that is added or the number of workers necessary to complete the task. The overall reductio...
Read more

Communications Register

Under what situations should I create a Communications Register for my project ? For small, medium and large projects you should always implement a Communications Register. This register will identify all of the communications events that have taken place for the project and also the communications events that are due to take place in the future. The reason for listing the communications events that are due to take place is that it provides a single place where the project manager can use and control communications to stake holders. For example the register will enable the project manager to view the status of all of the communications to date and determine whether or not the stake holders to the project are being kept in the loop and informed.
Read more

Management Methodologies

The modifying and developing of new management methodologies to fit the needs of industry is an ongoing process. With the use of a computer, this has become a much easier process than before. This has made it very easy to create, customize and import existing methodologies along with managing several of them at once. You can use management methodologies to define new process you have developed or group any set of existing process into a new methodology. There are project management methodology programs that can assist in the documentation of your new methodology so it can be used and shared by those you have approved. You can even customize a methodology for a particular size project with this type of program. The most often use of this type of software program is to use several different management methodologies and modify them to you specific needs. This way you’re working environment and available resources can be made the most of in running your project. Most programs that allow ...
Read more