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Business Case Development
A business case is a document or series of documents designed to elicit approval for a program, project or investment. They can be simple or complex depending on a company’s approval or gating process. Generally speaking, the bigger the investment, the bigger the business case.  Having said that, most business cases are built by completing a series of artifacts that, together, meet the financial, business, project management and information technology requirements for the company. A number of artifacts will need to be completed for every business case, with many additional artifacts associated to specific circumstances and thresholds.

More importantly, the Business Case is the document that hold all of the elements of the intended value that an investment will bring to your company including the options that are available to you.  It's job is to inform all stakeholders of the anticipated financial commitment as well as the targeted value derived from the investment.  While gaining approval will be the most visible step in this process, it is by no means the most critical. The business case sets the foundation for Value Realization.  As such it is one of the most critical steps in the process of correctly planning and executing on Business Value Management.
Business Case Development Methodology       
The Baix business case development framework includes a series of processes, artifacts and templates that facilitate an organized step-by-step approach to writing a business case. We work collaboratively with our customers to determine whether we use documents existing within your organization, leverage documents and templates from the Baix library or create customized documentation that satisfies your specific needs. While there are a series of artifacts to be created for the business case, the most important part of the process is, in fact, analysis. We will partner with you to understand the problem or opportunity, document current state, confirm the target state and facilitate the gathering of requirements and costs. We will also work with you to understand the available alternatives and will assist with understanding the value and financial impact of a selected group of options including "Do Nothing".  By performing and documenting this analysis we can help your organization to make a highly informed decision about a potential IT investment.      
Typical Business Case Workflow    
Business Case Documentation Methodology    
Once the artifacts and templates have been completed the business case document can be assembled and written. The document includes a series of paragraphs and tables outlining the program, project or investment. It’s important to use clear and concise non technical language so as to ensure that every reader understands. Technical documentation will  be included in the appendixes as needed.  

The last document to be developed for the Business Case is the Executive Summary.  While it is the last document to be written, it forms the beginning of the business case document and is often the only document the approvers read. We will partner with you to ensure the business case includes an Executive Summary that clearly defines the problem or opportunity being addressed by the program, project or investment. While succinct, the summary should contain all components of the business case and be able to stand alone.  Finally, as your stakeholders are quite likely business executives, we will work with you to ensure that it is written in a compelling business language.
The Business Case will account for the following critical factors:    
  Funding including budgets and anticipated allocation of cost    
  Timelines including the expected financial impact    
  Requirements Trace-ability    
  Anticipated Milestones    
  Derived Value (Benefits) - Quantitative and Qualitative    
  Anticipated Payback period    

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