What is included in a project business case?

Information included in a formal business case could be the background of the project, the expected business benefits, the options considered (with reasons for rejecting or carrying forward each option), the expected costs of the project, a gap analysis and the expected risks.

What are the 4 key elements that a business case should contain?

Sections that are usually required in a business case are:

  • Executive Summary. The executive summary summarises the business case, including your recommendation. …
  • Introduction. …
  • Statement of the problem. …
  • Analysis. …
  • Discussion of Possible Options. …
  • Recommendation. …
  • Details of your Chosen Option. …
  • Conclusion.


What type of requirements are included in a business case?

6 key requirements to satisfy the business case

  • Strategic need and priority.
  • Value for money.
  • Clear definition of scope.
  • Sound management of risks.
  • Delivery capacity and capability.


How do you write a business case for a project?

How to write a business case

  1. Be brief and convey only the bare essentials.
  2. Make it interesting, clear, and concise.
  3. Eliminate conjecture and minimize jargon.
  4. Describe your vision of the future.
  5. Demonstrate the value and benefits the project brings to the business.
  6. Ensure consistent style and readability.


What are the four 4 steps to preparing a business case?

The following four steps will show you how to write a business case:

  1. Step 1: Identify the Business Problem. Projects aren’t created for projects’ sake. …
  2. Step 2: Identify the Alternative Solutions. …
  3. Step 3: Recommend a Preferred Solution. …
  4. Step 4: Describe the Implementation Approach.


What should a business case look like?

When writing a business case, always define the scope and include an executive summary, detailed info about finances, and an overview of the project’s structure. Each member of the project team should contribute to the business case. Overall, the business case should be concise and only include relevant information.

What is the 5 case model?

The Five Case Model is the approach for developing business cases recommended by HM Treasury, the Welsh Government and the UK Office of Government Commerce. It has been widely used across central government departments and public sector organisations over the last 10 years.

How do you structure a business case presentation?

How to Create a Business Case Presentation?

  1. Establish Context about the Current Situation. Not all audience members will immediately know what the current situation is leading up to your initiative. …
  2. State the Problems. …
  3. Evaluate Opportunities. …
  4. Analyze Finances. …
  5. Describe Solution.


What is a full business case?

8.4 Full business case (FBC)



It should provide all the information needed to support a decision to award a contract and commit actual funding, and should provide a basis for the necessary project management, monitoring, evaluation and benefits realisation.

What is the difference between project charter and business case?

Project Business Case

What are the recommended components of a business case in agile?

Agile Business Case

  • The business vision of success.
  • The scope and objectives of the proposed project.
  • High-level assumptions, dependencies and risk that may impact project viability.
  • Any alternatives that were considered and rejected.
  • The major deliverables of the proposed project.

What is a business case in HR?

A business case is a form of gap analysis. It describes the business problem, the current status, the desired status and an action plan stating how the organization can achieve its goals.

What are the elements of a project charter?

A project charter should only include three elements: your project objectives, scope, and responsibilities. Once your charter has been approved, you should then create a project plan. Your project plan builds on your project charter to provide a more in-depth blueprint of the key elements of your project.

What are the components to a business plan?

The most important parts of a business plan include:

  • Executive summary. …
  • Business description. …
  • Market analysis and strategy. …
  • Marketing and sales plan. …
  • Competitive analysis. …
  • Management and organization description. …
  • Products and services description. …
  • Operating plan.

What are the 5 basic elements of a business plan?

At their core, business plans have 5 basic pieces of information. They include a description of your business, an analysis of your competitive environment, a marketing plan, a section on HR (people requirements) and key financial information.

What are the 7 steps of a business plan?

Seven sections to include in your business plan

  • Executive summary. The executive summary is a condensed version of your full business plan. …
  • Company description. Explain the different elements of your business. …
  • Market analysis. …
  • Organization and management. …
  • Service or product line. …
  • Marketing and sales. …
  • Contingency plan.