PDF Guide to developing the Project Business Case
GUIDE TO DEVELOPING THE PROJECT BUSINESS CASE
BETTER BUSINESS CASES:
for better outcomes
2018
? Crown copyright 2018
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ISBN 978-1-5286-0460-4 CCS0518648068-1 PU2145
GUIDE TO DEVELOPING THE PROJECT BUSINESS CASE
BETTER BUSINESS CASES:
for better outcomes
2018
Contents
Forewordv
Editors' Note
vii
Chapter 1. Introduction1
What is a project?
1
How does a project align with the strategic planning process?
1
What is the importance of the Project Business Case using the Five Case Model? 2
What are the advantages of the Project Business Case?
3
When should the Project Business Case be developed?
3
What is Project Assurance?
4
Chapter 2. An Overview of the Five Case Model
7
Introduction7
The Strategic Case
7
The Economic Case
8
The Commercial Case
9
The Financial Case
9
The Management Case
10
Chapter 3. The Business Case Development Process
11
Introduction11
The Business Case Development Framework
11
Determining the strategic context and undertaking the Strategic Assessment 12
Stage 1 ? Scoping the scheme and preparing the Strategic Outline Case (SOC) 13
Stage 2 ? Planning the scheme and preparing the Outline Business Case (OBC) 13
Stage 3 ? Procuring the solution and preparing the Full Business Case (FBC) 14
Implementation and monitoring
15
Evaluation and feedback
15
Other interested parties
15
Smaller Schemes and the Business Justification Case (BJC)
16
Responsibility for producing the business case
16
Business Case template
16
Chapter 4. Determining the Strategic Context and undertaking the Strategic
Assessment17
Introduction17
Step 1: Determining the Strategic Context
17
Chapter 5. Scoping the proposal and preparing the Strategic Outline Case (SOC) 19
Introduction19
Step 2: Making the case for change
19
Action 2: Agree strategic context
19
Organisation Overview
19
Alignment to existing policies and strategies
20
Action 3: Determine spending objectives, existing arrangements and business
needs20
Guide to developing the Project Business Case
i
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