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Building an Effective Business Case

COURSE TYPE

Foundation

Course Number

212

Duration

3 Days

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Learn the importance of carefully analysing, creating, and communicating a successful business case in order to maximise its chance for approval. In this business analysis training course, you gain the skills to define desired outcomes, design evaluation criteria, weigh costs against benefits, and communicate a comprehensive business case to improve decision making.

You Will Learn How To

  • Analyse, create, and communicate a compelling business case
  • Identify and prioritise alternative solutions to align with business criteria
  • Perform cost-benefit analysis
  • Identify the risks associated with an initiative

Course Outline

  • Introduction
  • Fundamentals of a business case
  • Where the business case fits into the project life cycle
  • Business case as an Organisation Process Asset (OPA)
  • Defining the Business Case

The six-step process model

  • Defining the ADAPTS business case analysis process
  • Focusing on the required elements
  • Examining the role and value of the steps

Identifying the benefits and risks of the process

  • Business case structure and process
  • Proving that benefits are realised
  • Agreeing on the Scope

The two-step scoping process

  • Harvesting stakeholder goals
  • Clarifying the business drivers

Applying the stakeholder perception matrix

  • Creating the problem statement
  • Turning goals into business requirements
  • Developing the Initiative

Conducting stakeholder analysis

  • Identifying business-level stakeholders
  • Capturing user scenarios

Deducing key decision criteria

  • Constructing a compliance matrix from the scenarios
  • Prioritising criteria with affinity diagraming

Determining possible alternatives

  • Practical tools for researching alternatives
  • Applying key criteria to judge alternate solutions
  • Comparing Costs and Benefits

Estimating costs

  • Benefiting from a Cost Estimation Worksheet
  • Evaluating and selecting financial appraisal methods

Forecasting benefits

  • Categorising tangible and intangible benefits
  • Proving intangible benefits with a benefits rationale

Creating and applying a basic cost model

  • Employing four common financial analysis tools
  • Producing a cash flow model
  • Managing Business Case Risk

Risk assessment methods and tools

  • Recognising the impact of time and risk
  • Creating and using a risk register
  • Applying a risk assessment matrix

Prioritising risks

  • Framing risk with your stakeholder analysis
  • Aligning risk evaluation with stakeholder point of view
  • Targeting Your Recommendation

Delivering and positioning the solution

  • Three common decision-making heuristics
  • Aligning the business case with stakeholders

Aligning and prioritising initiatives

  • Prioritising and selecting alternatives
  • Selecting the business case delivery methodology
  • Crafting a Persuasive Business Case

Preparing the document

  • Overcoming the business document paradox
  • Minimising content to get maximum results

Polishing the Executive Summary

  • Exploiting the Executive Summary template
  • Avoiding common mistakes
  • Presenting the Business Case

Organising your presentation

  • Revisiting key decision-maker hot buttons
  • Preparing the message
  • Sequencing the content
  • Tailoring your presentation to the audience

Selecting the delivery medium

  • Communicating your case with confidence
  • Templates to build powerful presentations and wall-walks

Improving the presentation

  • Validating your presentation
  • Generating feedback for improvement
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Convenient Ways to Attend This Instructor-Led Course

Hassle-Free Enrolment: No advance payment required to reserve your seat.
Tuition Fee due 30 days after you attend your course.

In the Classroom

Live, Online

Private Team Training

In the Classroom — OR — Live, Online

Tuition Fee — Standard: £1695  

6 - 8 Dec (3 Days)
9:00 AM - 4:30 PM GMT
London / Online (AnyWare) London / Online (AnyWare) Reserve Your Seat

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Live, Online
In-Class

9 - 11 May (3 Days)
9:00 AM - 4:30 PM BST
London London Reserve Your Seat

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In-Class

3 - 5 Oct (3 Days)
9:00 AM - 4:30 PM BST
London / Online (AnyWare) London / Online (AnyWare) Reserve Your Seat

How would you like to attend?

Live, Online
In-Class

AFTERNOON START: Attend these live courses online via Anyware

25 - 27 Oct (3 Days)
2:00 PM - 9:30 PM BST
Online (AnyWare) Online (AnyWare) Reserve Your Seat

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Live, Online

15 - 17 Nov (3 Days)
2:00 PM - 9:30 PM GMT
New York / Online (AnyWare) New York / Online (AnyWare) Reserve Your Seat

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Live, Online
In-Class

21 - 23 Mar (3 Days)
1:00 PM - 8:30 PM GMT
Rockville, MD / Online (AnyWare) Rockville, MD / Online (AnyWare) Reserve Your Seat

How would you like to attend?

Live, Online
In-Class

25 - 27 Apr (3 Days)
2:00 PM - 9:30 PM BST
Herndon, VA / Online (AnyWare) Herndon, VA / Online (AnyWare) Reserve Your Seat

How would you like to attend?

Live, Online
In-Class

5 - 7 Sep (3 Days)
2:00 PM - 9:30 PM BST
Rockville, MD / Online (AnyWare) Rockville, MD / Online (AnyWare) Reserve Your Seat

How would you like to attend?

Live, Online
In-Class

Guaranteed to Run

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Private Team Training

Enroling at least 3 people in this course? Consider bringing this (or any course that can be custom designed) to your preferred location as a private team training.

For details, call 0800 282 353 or Click here »

Tuition Fee

Standard

In Classroom or
Online

Standard

£1695

Private Team Training

Contact Us »

Course Tuition Fee Includes:

After-Course Instructor Coaching
When you return to work, you are entitled to schedule a free coaching session with your instructor for help and guidance as you apply your new skills.

After-Course Computing Sandbox
You'll be given remote access to a preconfigured virtual machine for you to redo your hands-on exercises, develop/test new code, and experiment with the same software used in your course.

Free Course Exam
You can take your Learning Tree course exam on the last day of your course or online at any time after class and receive a Certificate of Achievement with the designation "Awarded with Distinction."

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Training Hours

Standard class hours:
9:00 a.m. - 4:30 p.m.

Last day class hours:
9:00 a.m. - 3:30 p.m.

Free Course Exam – Last Day:
3:30 p.m. - 4:30 p.m.

Each class day:
Informal discussion with instructor about your projects or areas of special interest
4:30 p.m. - 5:30 p.m.

AFTERNOON START class hours:
2:00 p.m. - 9:30 p.m.


Last day class hours:
2:00 p.m. - 8:30 p.m.


Free Course Exam – Last Day:
8:30 p.m. - 9:30 p.m.


Each class day:
Informal discussion with instructor about your projects or areas of special interest
9:30 p.m. - 10:30 p.m.

Enhance Your Credentials with Professional Certification

Learning Tree's comprehensive training and exam preparation guarantees that you will gain the knowledge and confidence to achieve professional certification and advance your career.

This course is endorsed by IIBA for Professional Development Hours (PD Hours) and Continuing Development Units (CDUs). For additional information and to confirm which courses are eligible towards your IIBA certification, click here.

Earn 17 PDUs


PMI, the Registered Education Provider logo, PMP, CAPM, PMI-ACP,
and PMBOK are marks of the Project Management Institute, Inc.

This course is approved by PMI® for 17 professional development units (PDUs). For more on the Project Management Institute and a full list of courses approved for PDUs.

Technical : 9 PDUs
Business & Strategic : 8 PDUs

Read more ...

“My Learning Tree business course exceeded my expectations by being very interactive rather than just a lecture course”.

- Z. Nabbus, Senior Financial Analyst
RealNetworks, Inc.

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