Business Case Example (How to Write a Business Case)

[@thebadoc]

You can grab the business case template from the video in our BA Templates package here: the-business-analysis-doctor-self-paced-learning.thinkific.com/courses/business-analysis-template-package

[@Vanessaaaa12-1]

Wow, this is a great guide on developing a good business case! The emphasis on linking the solution directly to strategic goals and utilizing measurable success metrics is quite insightful. I particularly loved the example of the university admissions website, which was straightforward, actionable, and realistic. Thank you for this!

[@SchandYu]

The clear and practical step-by-step guide on creating a compelling business case is really helpful. I particularly like how it covers everything from understanding the audience to detailed cost-benefit analysis. I'm definitely saving this for future projects! Thanks!

[@thebadoc]

Excellent! Glad you found the guide to be high-value. Yes, I would definitely recommend saving this video to guide you through the project initiation process.

[@masonsingleton3037]

This was SUPER helpful. You've cleared up so much confusion that I had before. Thank you!

[@thebadoc]

You're welcome! I'm happy I was able to add some clarity on this topic.

[@masonsingleton3037]

@@thebadoc I do have a question. Is it customary for the business analyst to write the business case? In my previous company, it was done by the PM.

[@thebadoc]

@@masonsingleton3037 I ideally, the ssponsor would write the business case with input from several subject matter experts. From my experience, it's more likely that either the BA or PM writes the business case but this really depends on the organization you work for, the structure of the PMO, and the size of the project. It is also common for the sponsor to submit a business case "outline" and the BA will refine and elaborate on the outline to provide the details required for approval. Here the BA will also collaborate with several others with the right expertise. I hope that helps!

[@masonsingleton3037]

@@thebadoc Thank you for that explanation. It really helps and has made this whole process so much easier for me. You have no idea how much I appreciate your insight.

[@thebadoc]

@@masonsingleton3037 I'm so glad to help! All the best to you!

[@Katiapunchh]

I finally understood what a business case is. Thank you so much.❤

[@thebadoc]

You are very welcome! I'm so glad I was able to provide some clarity on the business case concept. I hope the information serves you well.

[@emelimordi1901]

Truly an amazing resource you are! I'm thankful indeed.

[@thebadoc]

Thank you for those kind words! I'm happy to serve as a resource to you. I hope the information serves you well.

[@e.denise1450]

Such a clear explanation for so much complex information. Brilliant!

[@thebadoc]

Thank you! Glad it was helpful!

[@e.denise1450]

​@@thebadocIt was extremely helpful. Creating this document is new to me. In other organizations is was mostly done by the PM. So thank you so much for this i depth tutorial.

[@thebadoc]

@@e.denise1450 You're truly welcome! Let me know how it goes once you finish the document! Also, you'll definitely want to check out the videos regarding the BRD and the SRS. Those are typically the documents you would create after the business case is approved.

[@e.denise1450]

​​@@thebadocIm happy to report that we did received project approval to move forward with initiation! Thanks again for all your content and support 🙌

[@thebadoc]

@@e.denise1450 Excellent and you're welcome! Now the real fun begins. Be sure to check out some of the the other videos I have on business analyst deliverables as well. Here is a tutorial on the BRD if yo haven't seen it: kzbin.info/www/bejne/m56QdYNsjdGGg6s

[@AshokKumarAK-p9m]

Content in Your videos are helpful and provides clear understanding. Please create a playlist if it is not

[@thebadoc]

Thanks for the feedback! I'm glad you enjoyed the content. Here a few playlists from my channel. I hope these help! www.youtube.com/@thebadoc/playlists

[@thebadoc]

Thanks for the feedback! Glad you found the content insightful. Here are a few playlists from the channel www.youtube.com/@thebadoc/playlists

[@StellaV-z4t]

Wow, what a detailed explanation of how to create a business case! I appreciate how you brought each part back to the larger picture of project success, especially the SMART objectives and gap analysis. Quick question, how would you prioritize hazards during the risk analysis phase when resources are limited? Thank you for always providing such valuable content!

[@thebadoc]

When prioritizing hazards during the risk analysis phase of a business case with limited resources, use a structured approach like a risk matrix to evaluate each hazard based on its likelihood and impact. Focus on high-likelihood, high-impact risks first, as they pose the greatest threat to the project or organization. Consider using techniques like cost-benefit analysis to assess the feasibility of mitigation efforts. Engage stakeholders to validate prioritization and ensure alignment with organizational goals. Document the rationale for prioritization to maintain transparency and justify resource allocation. I hope that helps!

[@GabriellaVegasss]

Overall, the video seems to offer a practical and thorough guide to writing a business case that effectively supports project initiation and approval. Thanks!

[@thebadoc]

You are very welcome! Glad it was helpful. I hope it helps with your next project initiation.

[@nickarrigo5540]

Outstanding example and case study!

[@thebadoc]

Hi, Nick! Thank you so much for that kind feedback. I'm glad the example and case study provided a positive learning experience.

[@johnoghaimeh3754]

great job , very detailed explanation and a good roadmap for a beginner BA

[@thebadoc]

Thank you! I'm glad I was able to explain the information in a way that is valuable to you!

[@charlesugochukwu8064]

This is super insightful and game changer 👏

[@thebadoc]

Excellent! I'm glad you found the information valuable. I hope it serves you well.

[@morranjohansen3108]

Your videos are so much better than some of the courses I've paid for. You are truly gifted in teaching. Thank you. I do have a question for you. My organization doesn't use this document. Is there an equivalent document to the business case?

[@thebadoc]

Wow, thank you! I really appreciate those kind words. In regards to your question, yes there are some equivalent documents tot he business case. Some times you will see a Statement of Work (SOW) that serves as the business case, a project justification, a product vision, or a business case outline. The key thinks to look for is the representation of the business need, objectives, and expected outcomes. This will provide further guidance to downstream BA work.

[@morranjohansen3108]

Ahhhh...yes I see the SOW sometimes. I'll start paying more attention to that document and see how it's created. Wow...what an aha moment. This really helps.

[@thebadoc]

I'm glad it's all coming together for you now! Also, it may be worth proposing the establishing of a business case process to your leadership team, if you feel the organization has some issues implementing high-value projects.

[@Princeoloto]

Wowwwww. This is a full course on Business Case. Thank you, thank you & thank you. Lastly, can we suggest a topic in BA/PM? Once again, thank you

[@thebadoc]

You are very welcome! Glad to help and yes, all suggestions are welcomed. What topic would you like to suggest?

[@DeniseGomezz]

This video does an excellent job explaining everything about a business case! The explanation is straightforward, particularly in how it highlights crucial components such as the need statement, goals, and circumstance analysis. I like how they get into the decision-making process, from examining alternatives to conducting cost-benefit and risk assessments. If you're just starting off with project planning or business analysis, this is a must-watch. All of the examples and recommended practices make it easy to see the broad picture! Thank you so much!

[@thebadoc]

You are most welcome! I'm glad to know that you appreciate the in-depth information in this tutorial. I hope the information gained leads to better business analysis planning and strategizing within your organization.

[@Jennifer-tn7ex]

Thank you so much! This has really helped my understanding

[@thebadoc]

You are very welcome! I'm glad to hear that the tutorial helped you understand the topic better. If you have any more questions or need further clarification on creating a project business case, feel free to ask. Thanks for watching and supporting the channel!

[@Gleb-w5k3v]

Thank you for your supporting attitude towards newcomers to the field. The video is so helful and easy to understand on the fly but i got a question. I saw a lot of articlers and practiсe where people include cost-benefic analysis in Executive Summary but in the video there is no such thing and they don't include gap analisys either, but tbh i like your version more than others out there because you nailed it with unusual deftness and precision that's why i want to believe you 😇 So, the idea as I got is a business case may vary in format and may not have a golden standard, and it is your role to make it transparent, understandable and appropriate to stakeholders. Am i right?

[@thebadoc]

Thank you so much for your thoughtful comment and kind words! I'm glad to hear that you found the video helpful and easy to follow. You're absolutely right in your understanding. The format of a business case can indeed vary depending on the organization's standards, the project's scope, and the specific needs of the stakeholders. Ultimately, your role is to craft a business case that aligns with the expectations and needs of your stakeholders, making sure that all critical aspects are covered in a way that’s easy to understand. There isn't a one-size-fits-all approach, so it's great that you're thinking critically about how to best present the information.

[@lehung-up8jv]

So nice video

[@thebadoc]

Thank you such! I hope you found the content helpful.

[@abdullahkhalid9581]

Tysm!

[@thebadoc]

You are so welcome! I'm glad you enjoyed the content.

[@peaceakpan5027]

Great

[@thebadoc]

Thanks for the feedback and for watching. I hope the content adds some value.