Work Product Slot: Business Case
Business Case

Purpose

To outline the business need and value for the project.

Relationships

Parent Deliverables
RolesResponsible: Modified By:
TasksInput To: Output From:

Description

Main Description

The business case is a document that presents a comprehensive view of the project and provides the financial justification for implementation. It is a critical component to the project. The business case “makes the case” for change and provides the financial basis for the project. The business case is used to communicate the project to others, establish a method for measuring the success of the project, and initiate the receiving of funding approval for the project. The business case tells the project story in straight forward, easy-to-understand language. If done correctly, the business case will provide compelling justification for a change by outlining (at a high level) what is broken and describing (at a level) the solution and its possible impacts.

The business case answers questions like:

  • Why are we doing this project?
  • What is the project about?
  • What is our solution to the business problem?
  • How does this solution address the key business issues?
  • How much will it cost?
  • How long will it take?
  • Will we suffer a productivity loss during the transition?
  • How will the business benefit?
  • What is the return on investment and payback period?
  • What are the risks of doing the project?
  • What are the risks of not doing the project?
  • How will we measure success?
  • What alternatives do we have?
Brief Outline

The business case template includes the following sections:

·         Request Information

o   Date Submitted

o   Requested Completion Date

o   Submitter Information

o   Other Related Projects

o   Other Related Systems

·         Problem Statement

·         Project Risks and Constraints

·         Project Background

o   Business Objective and Service Benefit

o   Regulatory Imperative

o   Urgency and Time Frames

o   Effect if Not Done

·         Project Financial Information

o   Funding Strategy

o   Cost Benefit Analysis

o   Return on Investment/Added Financial Value

o   Agency Charge Back Plan

·         Enterprise Architecture Exceptions

·         Alternatives Considered

·         State Business Alignment

·         Agency Scope

·         Technology End-of-Life

Selected Representation

The attached template is in Microsoft Word.

Illustrations

Templates