Better Business Cases™ Foundation
The Better Business Cases Foundation training course equips professionals with the skills to develop robust business cases that effectively secure funding and management buy-in. Change initiatives frequently encounter challenges due to poorly constructed business cases that fail to persuade senior management of their return on investment. Therefore, mastering the art of creating, reviewing, and adapting impactful business cases is essential for successful project proposals and obtaining necessary support.
The Better Business Cases Foundation course is based on the ‘Five Case Model’, a best practice approach established by the UK government for developing comprehensive spending proposals and making informed business decisions. Recommended by HM Treasury and the Welsh Government, this model is widely utilized across central government departments, public sector organizations, and has even been mandated by governments outside the UK for certain spending proposals. The Five Case Model offers a structured methodology for crafting business cases by:
- Establishing a Clear Need for Intervention: Defining the rationale and case for change.
- Setting Clear Objectives: Outlining measurable goals and expected return on investment.
- Exploring Potential Solutions: Evaluating various options to achieve an optimal balance of benefits, costs, and risks.
- Ensuring Successful Delivery: Planning and managing arrangements to guarantee successful execution.
The Better Business Cases™ Foundation course will enable participants to:
- Apply the Five Case Model: Gain a deep understanding of the model’s philosophy and its application to business cases and spending proposals.
- Identify Business Case Types: Learn about different business cases, their purposes, responsibilities, and when they are needed.
- Navigate the Development Lifecycle: Understand the stages of a business case and the interrelationships between the five cases.
- Develop Effective Proposals: Create well-scoped business cases and spending proposals that secure funding and support from management.
By the end of this course, you will be proficient in developing compelling business cases that meet organizational needs and achieve strategic objectives.
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