Building Better Business Cases

Price
$795.00 USD

Duration
1 Day

 

Delivery Methods
Virtual Instructor Led
Private Group

Course Overview

Project professionals often find themselves developing business cases for the performing organization. When asked to do so, it is critical to create a solid business case. All too often, project teams are asked to implement a solution before the underlying problem is known or assessed. An essential ingredient to successful projects is a clear and relevant business case. It provides both insights into and a proposed solution for important business needs. Strong business cases contain feasible and effective ways of justifying and recommending projects that squarely address business needs, both problems and opportunities. Through this course, you will learn a repeatable process that starts with identifying business needs and ends with a strong business case. You will learn and practice applying each step in a 5-part approach to developing business cases.

This course has been approved by PMI for 7 PDUs and by IIBA for 7 CDUs.

Course Objectives

  • Describe the essential components and roles needed for an effective business case.
  • Explain the need for business cases.
  • Plan and execute the steps needed for a business case effort using a structured approach.
  • Define business needs through solid situation statements.
  • Select and use appropriate techniques for determining root cause.
  • Use one or more of the methods presented to formulate recommendations in a business case.
  • Perform cost-benefit analysis for business cases using standard financial valuation formulas.
  • Prepare an implementation plan and evaluation measures for a business case.
  • Who Should Attend?

    Process and business analysts, business process owners and executives, project managers, general business staff, and anyone who needs the skills to improve and/or manage business processes.
    • Top-rated instructors: Our crew of subject matter experts have an average instructor rating of 4.8 out of 5 across thousands of reviews.
    • Authorized content: We maintain more than 35 Authorized Training Partnerships with the top players in tech, ensuring your course materials contain the most relevant and up-to date information.
    • Interactive classroom participation: Our virtual training includes live lectures, demonstrations and virtual labs that allow you to participate in discussions with your instructor and fellow classmates to get real-time feedback.
    • Post Class Resources: Review your class content, catch up on any material you may have missed or perfect your new skills with access to resources after your course is complete.
    • Private Group Training: Let our world-class instructors deliver exclusive training courses just for your employees. Our private group training is designed to promote your team’s shared growth and skill development.
    • Tailored Training Solutions: Our subject matter experts can customize the class to specifically address the unique goals of your team.

    Learning Credits: Learning Credits can be purchased well in advance of your training date to avoid having to commit to specific courses or dates. Learning Credits allow you to secure your training budget for an entire year while eliminating the administrative headache of paying for individual classes. They can also be redeemed for a full year from the date of purchase. If you have previously purchased a Learning Credit agreement with New Horizons, you may use a portion of your agreement to pay for this class.

    Corporate Tech Pass: Our Corporate Tech Pass includes unlimited attendance for a single person, in the following Virtual Instructor Led course types: Microsoft Office, Microsoft Technical, CompTIA, Project Management, SharePoint, ITIL, Certified Ethical Hacker, Certified Hacking Forensics Investigator, Java, Professional Development Courses and more. The full list of eligible course titles can be found at https://www.newhorizons.com/eligible.

    If you have questions about Learning Credits or our Corporate Tech Pass, please contact your Account Manager.

    Course Prerequisites

    There are no prerequisites for this course.

    Agenda

    1 - Business Case Basics

    • Key terms & concepts
    • Benefits of a business case
    • SARIE Framework for business cases

    2 - Define the Situation (Business Need)

    • Determine the right problem to solve or opportunity to seize
    • Create a solid situation statement

    3 - Analyze the Situation

    • Analysis tips
    • Three root cause techniques (5-Whys, Fishbone Diagram, Process Diagram Analysis)

    4 - Recommend Solution Options

    • Develop recommendation options based on analysis results
    • Techniques (weighted ranking, risks-assumptions-constraints)

    5 - Financial Analysis

    • Benefit types and tips
    • Cost types and tips

    6 - Determine Implementation Approach and Define Evaluation Criteria

    • Implementation considerations
    • Plan evaluation criteria
    • Prepare and present a business case
     

    Upcoming Class Dates and Times

    Apr 26
    8:30 AM - 4:30 PM
    ENROLL $795.00 USD
    Jul 26
    8:30 AM - 4:30 PM
    ENROLL $795.00 USD
    Nov 1
    8:30 AM - 4:30 PM
    ENROLL $795.00 USD
     



    Do You Have Additional Questions? Please Contact Us Below.

    contact us contact us 
     
    Contact Us about Starting Your Business Training Strategy with New Horizons