Building A Business Case Workshop
OVERVIEW
Building A Business Case Workshop is designed to provide the knowledge needed to begin working on identifying business needs and analyzing the benefits of various solution options to help limit the choices before work gets underway or even before the solution work is chartered. It establishes the framework for a successful change by revealing all of the potential pitfalls and tells executives the whole story before the investment is made. A good business case is honest, unbiased, objective and well-socialized; key stakeholders contribute and review before it is formally presented. The workshop applies an approach to using business analysis skills at the “fuzzy front end” of a change initiative or even before!
Prior to launching an initiative to affect any sort of organizational change, be very clear about the desired business outcomes, determine a solution scope, identify and assess all the viable options, scrutinize each of the options, and then make sure you understand all that is involved in the change initiative, including required costs, resources and risks.
The skills of business analysis can help many professionals identify the right types of solutions to solve their business challenges and build the business cases to justify those recommendations. In particular, this workshop “precedes” the typical project-life cycle as it sets up the benefits, value and possibilities that the change may bring, which then become the focus of the initiation phase of a project to implement those changes and execute the strategy.
This workshop can help anyone who needs to understand how effective projects and programs align with organizational strategy and confer benefits that solve business problems or who makes decisions or informs those who make decisions on which projects and programs to invest in.
WORKSHOP OBJECTIVES
At the end of the workshop, participants will be able to:
- Support top-level strategy formulation
- Link organizational strategy from business strategy to portfolio development to project implementation
- Ensure project credibility by aligning your project with your organization’s goals, objectives and strategies
- Create and implement an appropriate strategy for your project
- Communicate your strategy to the project team, the customer, and other project stakeholders
- Manage stakeholder expectations to maintain portfolio/project alignment
🔴 DURATION: 2 Days
🔴 TIME: 9:00 am – 5:00 pm Daily
🔴 VENUE: Bervidson Training Center, Lekki Phase 1, Lagos
OUTLINE
DRIVING TOWARD BUSINESS VALUE
- Business value and business need
- Value proposition
- Types of business needs
- Value stream, value chain
- Who, what, where, when, why and how
THE BUSINESS CASE
- Purpose of a business case
- Content and structure of a business case
- Participant roles in the business case
- Characteristics of a good business case
DEFINE THE CURRENT STATE
- Define the current situation
- Facts
- Issues and concerns
- Ask the right questions
- Analyze the current state
- Define the business need in terms of prioritized problems and opportunities
- The Business Case: Communicating the Current State and Business Need
ESTABLISH BUSINESS GOALS AND OBJECTIVES
- Begin with the end in mind
- Strategic vision and alignment
- Prioritized business goals
- Participants in business goal development
- Types of goals
- SMART business objectives
- The balanced scorecard
- Goal hierarchy
- Goal prioritization
- Approval of the business objectives
BENEFITS MANAGEMENT
- What is benefits management
- What is a benefit
- Roles in benefits management
- Identify potential benefits and dis-benefits
- Quantify the benefits
- Portfolio level benefits
- Identify stakeholders in benefits managements
- Benefits mapping
- Benefits realization plan
- Planned and emergent benefits
DEFINE THE SOLUTION SCOPE
- Future state vision
- Identify and describe stakeholder needs
- Required capabilities
- Conditions and constraints about the solution
- Link capabilities to goals
- Refine the solution scope in terms of who, what, where, when, why and how
IDENTIFY AND ASSESS ALTERNATIVES
- Identify alternative solutions
- Determine the viable and non-viable alternatives
- Analyze the feasibility of the viable alternatives
- Organizational feasibility
- Technical feasibility
- Economic feasibility
- Real options analysis
- Identify alternative solution approaches
- Describe the change strategy
- Refine the future state
- Financial Analysis
- Cost-benefit analysis
FINANCIAL ANALYSIS
- Patterns of planned business value
- Estimate benefits
- Estimate costs
- Costs to acquire the solution
- Costs to live with the solution
- Financial analysis and indicators
RISK ANALYSIS
- Risks to business value
- Identify risks
- Business risks
- Technology risks
- Project risks
- Risk management
- Risk tolerance
- Risk impact scale
- Risk log
- Allowance for risk contingency
PUTTING THE BUSINESS CASE IN CONTEXT
- Approvals
- Benefits Management
- Making a No Decision
- After approval
- Revisiting the business case during development
🔴 WORKSHOP FEE:
N110,000 per Participant
(Group Rate Available)
REGISTRATION:
🔴 PAYMENT DETAILS
You can pay online @ MAKE PAYMENT
OR pay directly to:
👉Bank: FCMB
👉Account Name: Bervidson Consulting Limited
👉Account No: 3432812015
🔴 SOME OF OUR CUSTOMERS:
Building A Business Case Workshop
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For more information, call or email us, or visit our website today. 3B Hakeem Dickson Road, Lekki Phase 1, Lagos Nigeria |
