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- Dictionarybusiness case
noun
- 1. a justification for a proposed project or undertaking on the basis of its expected commercial benefit: "we have to put a business case forward to the managers as to why the training is necessary"
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Aug 23, 2023 · A business case is a document presented to company stakeholders that outlines the reasons for pursuing a project or business decision. It’s developed during a project’s initial phase and examines how and why a company should address a specific business problem or opportunity.
A business case provides justification for undertaking a project, programme or portfolio. It evaluates the benefit, cost and risk of alternative options and provides a rationale for the preferred solution.
A business case captures the reasoning for initiating a project or task. [1] . Many projects, but not all, are initiated by using a business case. [2] . It is often presented in a well-structured written document, [3] but may also come in the form of a short verbal agreement or presentation.
Jul 5, 2022 · A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. Learn how to write a business case with a template, steps, key elements and tips.
Jan 23, 2023 · In this guide, we’ll define what a business case is, help you determine when you need one (and when you don’t), and walk you through a four-step process for creating a business case. We’ll also outline what you should include in a business case and provide a free template you can use when writing a business case to secure stakeholder ...
A business case is a formal document or verbal value proposition that outlines the justification for commencing a project or undertaking a specific task. It offers reasoning for addressing a particular business problem or seizing an opportunity.
Jun 11, 2024 · A business case is a written document (often a PowerPoint presentation) that articulates the value of a specific business project or investment. It presents the rationale for the project, including the benefits, costs, risks, and impact.
