Business Case Development

A business case is the foundation for a change. It describes the benefit, cost and risk of alternative options and provides a rationale for the preferred solution. A business case is often developed first as an outline, allowing senior management to  take a decision on its suitability and also its relative position with other competing change initiatives.  If selected it will then be fleshed out into a detailed business case.

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A business case typically includes the:

• strategic case – the background of the project or programme and why it is needed;

• options appraisal – what options have been considered and which has been chosen (not forgetting the ‘do nothing’ option);

• expected benefits – the benefits that will arise from the work and any unavoidable disbenefits;

• commercial aspects – the costs, investment appraisal and funding arrangements;

• risk – the major risks and their impact on the business case;

• timescales – a summary of the delivery of outputs and realisation of benefits.

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As the foundation for the realisation of benefits, it is critical that a business case is robust, accurate and clearly communicated to the decision makers. Vox Mos has extensive experience in preparing and delivering business cases, individually tailored to the needs of you and your business.