Course Outline
Pre-Requisites
Business Analysis Essentials Project Management Fundamentals
Lessons
COURSE OVERVIEW
In this course, you'll learn the most common disciplines and methodologies used to create and present a business case with clear, concise, and fact-based arguments that highlight project benefits, costs, and risks to win approval for projects. You'll learn the underlying structure and content of a business case as well as the role your audience plays in the development of it. Further, you'll learn basic techniques for determining financial ROI, non-tangible benefits, and the probability of meeting expectations.
WHAT YOU'LL LEARN
- Key elements of a business case document and presentation
- How to justify the investment to solve a business problem in a clear, concise, fact-based manner
- Basic financial metrics used within a business case, including feasibility studies and ROI analyses
- Ways to improve the odds of project approval
- Steps to prove your recommendation is "best"
- A step-by-step development process to create a business case
OUTLINE
Virtual Classroom Live Outline
1. The Case for a Business Case
- The Needs of Decision Makers
- Business Cases
2. Business Case Foundations
- Business Case Requirements
- Competition for Resources
- Business Case Roles and Responsibilities
- Business Case Content
- The Business Case and Project Portfolio Management
- The Business Case and the Product Life Cycle
- Business Case Process Overview
3. It Starts with Business Objectives
-
The Role of Business Objectives
- Types of Business Objectives
- The Business Case Subject Statement
4. Comparing Alternatives: Costs
- Answering Difficult Questions about Costs
- The Cost Model
- Cost Model Categories
- Cost Assumptions
5. Comparing Alternatives: Benefits
- Answering Difficult Questions about Benefits
- The Benefits Model
- Benefit Types
- Steps for Computing Financial Benefits
- Benefits Assumptions
6. Cash Flow and Financial Metrics
- The Cash Flow Statement
- Common Financial Metrics
7. Risk and Sensitivity Analysis
- Risk Definition
- Risk Analysis for the Business Case
- Sensitivity Analysis
8. The Business Case Process
- Business Case Process Overview
- Prepare Phase
- Methods Phase
- Analysis Phase
- Report Phase
9. The Business Case Document and Presentation
- Business Case Reporting
- Business Case Content
- Executive Presentation
10. Follow-Up: What Happens After Project Selection
- Business Case Re-Evaluation
- Final Recommendations for Business Cases
LABS
Virtual Classroom Live Labs
Exercise 1: Be an Executive for a Day
Exercise 2: Completing a Business Case
Exercise 3: Creating Business Objectives and the Business Case Subject Statement
Exercise 4: Developing a Cost Model
Exercise 5: Comparing Alternatives: Benefits
Exercise 6: Creating an Incremental Cash Flow Statement
Exercise 7: Calculating ROI, Cost/Benefit, and Payback Period
Exercise 8: Calculating the Net Present Value
Exercise 9: Calculating the Internal Rate of Return
Exercise 10: Analyzing Risks and Sensitivity
Exercise 11: Identifying the Business Case Team and Reference Group
Exercise 12: Identifying Business Case Presentation Requirements
Student Case Study
Instructor Case Study
WHO SHOULD ATTEND
Business analysts, project managers, anyone who establishes business cases, and anyone who provides business justification for projects.
Cancellation Policy
We require 16 calendar days notice to reschedule or cancel any registration. Failure to provide the required notification will result in 100% charge of the course. If a student does not attend a scheduled course without prior notification it will result in full forfeiture of the funds and no reschedule will be allowed. Within the required notification period, only student substitutions will be permitted. Reschedules are permitted at anytime with 16 or more calendar days notice. Enrollments must be rescheduled within six months of the cancel date or funds on account will be forfeited.
Training Location
Online Classroom
your office
your city,
your province
your country
I would never take another course that starts at 11AM and goes to 9PM again. The way the course was laid out really took away from the capturing of what was presented as it was 5-6 hours of watching a screen before getting to the actual labs. There has to be a better way to lay out this particular course. In my previous course, the lectures were broken up by labs which worked out fantastic and kept you engaged in the course. There were days when in order to actually complete the labs, would go over the 9PM day end time frame. Was able to get the primary labs done, but if you want to get all the content completed, you cannot complete it in the window of this course, you will need to come back on your own time.