Creating and Presenting an Effective Business Case

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Description

Today's economic environment demands that organizations use all resources to the utmost effectiveness in order to meet organizational goals. Often, however, professionals are ill-equipped to respond in ways that management understands. This workshop addresses that requirement.

In this course students will learn to develop and deliver a business case for project initiatives, and to do it in such a way that decision makers will make the right choice.

The crux of the course is the examination of the six aspects of feasibility: technical, risk, economic, legal, operational, and schedule.

Specifically, participants will learn to perform cost/benefit and risk analyses and to use a weighted decision model to evaluate alternate solutions to a business initiative.

Lastly, they will learn how to assemble and communicate the business case in the business language that decision makers understand.

Objectives

Upon completion of Creating and Presenting an Effective Business Case, students will be able to:

• Discover the true requirements and constraints that will drive the decision-making process
• Accurately evaluate costs and benefits using accepted return-on-investment calculations
• Perform a risk assessment for  a project initiative
• Use ideation techniques (Brainstorming, Nominal Group Technique, etc.) to generate and evaluate alternative solutions to a business problem
• Structure and present an analysis of alternatives using a weighted decision model that reflects the decision makers true wants and needs.
• Present the Business Case in an organized and understandable fashion.
• Employ communications concepts that will enable you to influence the decision makers to make the best choice.
• Compile relevant documents from the feasibility study, Project scoping activities and risk analysis into the Business Case decision-making package

Professional Development Units (PDU's)

Upon completion of the course, students will be awarded 19.5 PDU's by the Project Management Institute.

Audience

The Primary audience for this class would be Business Analysts, Project Managers, Development Managers, and Key Stakeholders in projects.  A secondary audience would include decision makers, senior managers, and anyone performing the role of the Business Analyst. 

Schedule

3 Days

Contact Information

E-mail Heith Hart or call (443) 692-6599 if you have any questions about this course or if you would like to be added to the interest list.