Better Business Cases Foundation And Practitioner Training in Chelmsford

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Better Business Cases™

Better Business Cases™ Foundation & Practitioner

Chelmsford

Upskill with our Better Business Case Foundation and Practitioner Training
Learn the importance and several types of the Business Case from Experts
Our certified course includes official exams, materials & certification

Dates & Prices Dates & Prices

Course information

Better Business Cases™ Foundation & Practitioner Course Outline

Module 1: Introduction

Why Better Business Cases?
Case for a Business Case
Project Success or Failure?
Putting the Right Foot Forward
Public Sector Delivery
What is a Project?
What is a Programme?
Links to Recognised Best Practice Programmes and Project Management Methodologies
Programme or Project?
Types of Programme
Alignment with Strategic Planning
Importance of the Business Case using the Five Case Model

Module 2: Five Case Model

Overview of the Five Case Model
Importance of the Business Case using the Five Case Model
Strategic Case
- Demonstrates
- Challenges
Contents of the Strategic Case
Economic Case
- Demonstrates
- Challenges
- Contents of the Economic Case

Commercial Case
- Demonstrates
- Challenges
- Contents of the Commercial Case
Financial Case
- Demonstrates
- Challenges
- Contents of the Financial Case
Management Case
- Demonstrates
- Challenges
- Contents of the Management Case

Module 3: Programme and Project Business Case

Advantages of the Programme Business Case
Advantages of the Project Business Case
When Should a Business Case be Developed?
Planning for Spending Proposals
Key Steps in Developing the Programme Business Case
Project Business Case Development Process

Module 4: Determining the Strategic Context and Undertaking the Strategic Assessment

Overview
Strategic Assessment
Related Activities
Stages of Business Case Development
- Strategic Outline Case
- Outline the Business Case
- Full Business Case
Development of the Business Case
Business Justification Case
What is Programme Assurance?
What is Project Assurance?
Responsibility for Producing the Business Case

Module 5: Making the Case for Change

Agree on Strategic Context
Determine Spending Objectives, Existing Arrangements, and Business Needs
Generic Drivers for Spend
Determine Potential Business Scope and Service Requirements
Determine Benefits, Risks, Constraints, and Dependencies
Each Spending Objective

Module 6: Exploring the Preferred Way Forward

Agree Critical Success Factors (CSFs)
Determine Long List Options and SWOT Analysis
Options Framework
Using the Options Framework
Drafting the Long List
Recommended Preferred Way Forward
Complete the Strategic Outline Case

Module 7: Determining Value for Money (VFM)

Project Level Business Case
Revisit the Short-List
Prepare the Economic Appraisals for Short-Listed Options
Relevant Costs for Economic Appraisals
Estimating Benefits for the Economic Appraisals
Valuing Costs and Benefits
Presenting the Economic Appraisals
Undertake Benefits Appraisal
Undertake Risk Appraisal
Select the Preferred Option and Undertake a Sensitivity Analysis
Sensitivity Analysis
Final Selection of the Preferred Option

Module 8: Preparing for the Potential Deal

Determine Procurement Strategy
Determine Service Streams and Required Outputs
Outline Potential Risk Apportionment
Outline Potential Payment Mechanisms
Pre-Delivery Phase
Operational Phase
Extension Phase
Ascertain Contractual Issues and Accountancy Treatment

Module 9: Ascertaining Affordability and Funding Requirement

Prepare Financial Models and Financial Appraisals
Financial Modelling
Impacts to Consider
Assessing Affordability
Closing Affordability Gaps

Module 10: Planning for Successful Delivery

Plan Programme or Project Management
Programme Roles
Programme Plan
Project Plan
Use of Specialist Advisers
Plan Change Management and Contract Management
Plan Benefits Realisation
Benefits Resister
Plan Risk Management
Risk Register
Plan Programme/Project Assurance and Post Project Evaluation

Module 11: Procuring the VFM Solution

Revisit the Case for Change
Revisit the OBC Options
Detail Procurement Process and Evaluation of BAFOs

Module 12: Contracting for the Deal

Set Out the Negotiated Deal and Contractual Arrangements
Set Out the Financial Implications of the Deal

Module 13: Ensuring Successful Delivery

Finalise Project Management Arrangements and Plans
Finalise Change Management Arrangements and Plans
Finalise Benefits Realisation Arrangements and Plans
Finalise Risk Management Arrangements and Plans
Finalise Contract Management Arrangements and Plans
Finalise Post Project Evaluation Arrangements and Plans
Review the Business Case: SOC, OBC, and FBC
Steps and Actions for Preparation of Programme and Project Business Cases

Who should attend this Better Business Cases™ Foundation & Practitioner Course?

This Better Business Cases™ Foundation & Practitioner Course is beneficial for individuals who wish to learn the fundamentals of Business Case Management and how to apply the Better Business Case methodology. This training course is beneficial for these professionals:

Business Analysts
Project Managers
Programme Managers
Portfolio Managers
Finance Professionals
Change Managers
Compliance Officers

Prerequisites of the Better Business Cases™ Foundation & Practitioner Course

There are no formal prerequisites for the Foundation section of the course. However, to continue to the Practitioner section of the course, candidates must successfully pass the Better Business Cases™ Foundation Examination.

Better Business Cases™ Foundation & Practitioner Course Overview

The Better Business Cases™ Foundation & Practitioner Course provides a comprehensive approach to developing a strong business case that aligns with the Government’s best practice guidelines. The course follows the HM Treasury’s Five Case Model, ensuring a strategic, well-rounded proposal for any investment decision. Delegates will gain insight into justifying investment needs, goal setting, and planning for successful project outcomes.

The Better Business Cases Certification is a strategic and systematic approach to developing a sturdy business case, which is essential for professionals involved in project planning, management and delivery. This course is valuable for Project Managers, Business Analysts, Financial Planners and Senior Management Professionals. Mastering this skill allows professionals to create business cases that can address investor concerns and provide clear value proposition, driving organisational success.

The 5-day Better Business Cases Certification provided by The Knowledge Academy is split between Foundation and Practitioner levels, equipping delegates with practical and theoretical knowledge. Delegates will be able to apply the Five Case Model by the end of the course and will be confident in initiating, developing and presenting comprehensive business cases.

Course Objectives

To justify project interventions through comprehensive analysis
To tailor business case proposals to address investor concerns
To apply theoretical knowledge to real-life case scenarios
To understand the Five Case Model and its application
To improve financial planning and resource allocation
To minimise risks and optimise investment returns
To align projects with organisational objectives
To develop a strategic business case

Upon completing the course, delegates will be awarded certifications at both Foundation and Practitioner levels, demonstrating their ability to effectively develop, plan, and present investment-worthy business cases using the Five Case Model.

The following pre-course reading will be e-mailed to you as a PDF document. Please ensure you have the right software available to read/extract a PDF file. The pre-course reading takes 8-10 hours to perform and consists of the following:

Better Business Case® Workbook Pre-course study
Green Book Guidance on Public Sector Business Cases Using the Five Case Model

In addition, delegates will be required to complete a MINIMUM of 1 hour of homework each evening.

What's included in this Better Business Cases™ Foundation & Practitioner Training Course?

Better Business Cases™ Foundation Examination
Better Business Cases™ Practitioner Examination
World-Class Training Sessions from Experienced Instructors
Better Business Cases™ Foundation Certificate
Better Business Cases™ Practitioner Certificate
Digital Delegate Pack

Better Business Cases™ Foundation Exam Information

The Better Business Cases™ Foundation exam certifies an individual's grasp of the Better Business Cases™ methodology for business case development. based on the five case model, it ensures projects offer value for money and strategic alignment.

Question Type: Multiple Choice
Total Questions: 50
Total Marks: 50 Marks
Pass Marks: 50%, or 25/50 Marks
Duration: 40 Minutes
Open Book/ Closed Book: Closed Book

Why choose us

Our Chelmsford venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

The city of Chelmsford is located in the county town of Essex in the east of England. The city is located around 32 miles northeast of London and 22 miles from Colchester. Chelmsford city has an approximate population of 172,000 residents. Chelmsford was granted city status only recently on 1^st June 2012. The unemployment rate for Chelmsford currently stands at just over 5%. This is dramatically lower in comparison to the national average unemployment rate which currently stands at 7.6%. The Anglia Ruskin University has one of its three campuses in Chelmsford and has a combined student enrolment rate of approximately 35,000 students. The university has faculties in three departments including Science & Technology, Arts, Law & Social Sciences and Health, Social Care & Education. Chelmsford is also home to the King Edward VI Grammar School which is exclusively male from years 7 to 11 but becomes mixed in the sixth form years of 12 and 13. The school teaches the ages from 11 all the way up to 18.

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Address

Chelmsford

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Better Business Cases Foundation And Practitioner Training in Chelmsford. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Better Business Cases Foundation And Practitioner Training in Chelmsford, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Learn more in our FAQs

Experience the most sought-after learning style with The Knowledge Academy's Better Business Cases Foundation And Practitioner Training in Chelmsford. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Better Business Cases Foundation And Practitioner Training in Chelmsford sessions.

Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

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Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

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What our customers are saying

Excellent, friendly, knowledgeable -couldn't have asked for more

Simon Lynch

Simon was an absolutely fantastic trainer. He made difficult content understandable and relatable. He is incredibly kind, considerate and dedicated. What an asset to your organisation.

Ellen Quinney

The trainer was very experienced on the subject taught.

Kehinde Adenaiye

Better Business Cases Foundation And Practitioner Training in Chelmsford FAQs

What are Better Business Cases™?

Better Business Cases™ is a systematic approach to developing business cases, based on UK Treasury’s "Five Case Model." It helps organisations justify investments and ensure value for money. The framework guides decision-makers through financial, economic, and strategic considerations.

Are The Knowledge Academy’s Better Business Cases™ Courses accredited?

Yes, The Knowledge Academy's Better Business Cases™ Courses are fully accredited by APMG International. This ensures that the training meets global standards and provides high-quality education in line with industry requirements.

What is the structure of the Better Business Cases™ exams?

The exams consist of multiple-choice questions for the Foundation level and a scenario-based written examination for the Practitioner level. Both exams assess your knowledge of the Five Case Model and your ability to apply it in real-world situations.

What is meant by Better Business Cases Foundation & Practitioner?

The Foundation level focuses on understanding the Five Case Model framework, while the Practitioner level teaches you how to apply this knowledge in practice. Together, these certifications equip you with the skills to develop and implement successful business cases.

What is the importance of attending Better Business Cases Foundation & Practitioner Training?

Attending this training enhances your ability to develop robust business cases that lead to informed decision-making and optimised investment outcomes. It’s valuable for those involved in project management, finance, and strategic planning.

Are there any prerequisites needed for the Better Business Cases Foundation & Practitioner Course?

There are no formal prerequisites for the Foundation course. However, to take the Practitioner level, it is essential to have completed the Foundation certification.

What is the duration of the Better Business Cases Foundation & Practitioner Course?

The combined Foundation & Practitioner Course is delivered in 5 days, allowing you to cover both theoretical and practical elements of the Better Business Cases™ methodology.

Who should attend this course?

This course is ideal for professionals involved in Project Management, Financial Planning, Decision-making, or those responsible for preparing or reviewing business cases. It’s beneficial for both public and private sector employees.

What will I learn from the Better Business Cases Foundation & Practitioner training?

You will learn the Five Case Model, how to prepare compelling business cases, and techniques for evaluating financial, economic, and strategic options. Additionally, you will acquire practical skills to improve decision-making and investment outcomes.

Do you offer 24/7 support in training courses?

Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.

Do I receive a certificate after completing the course?

Yes, upon successfully passing the exams, you will receive an accredited certificate from APMG International, officially recognising your achievement in Better Business Cases™ Foundation & Practitioner.

What are the modules included in Better Business Cases Foundation & Practitioner Training?

The modules cover the Five Case Model, strategic and economic case development, financial case analysis, and management and commercial aspects of business cases. The training also includes practical exercises to enhance understanding.

What are the benefits of this training?

This training helps you enhance your decision-making skills, improve financial planning, and create business cases that deliver real value. It also boosts your career prospects in project management, finance, and strategic roles.

Do you provide a self-paced Introduction to Better Business Cases Foundation & Practitioner Course?

Yes, The Knowledge Academy offers a flexible self-paced option, allowing you to complete the Introduction to Better Business Cases™ Training at your convenience, making it easier to balance your learning with other commitments.

Who should I contact if I am unable to access my online training?

If you encounter any issues accessing your online training, you can contact The Knowledge Academy's customer support team, who are available 24/7 to assist with any technical or course-related inquiries.

What are the difficulty levels for the Better Business Cases Foundation & Practitioner Course?

The Foundation level is designed for beginners with no prior experience in business case development, while the Practitioner level requires a deeper understanding and application of the Five Case Model, making it more advanced.

Do I need prior business-related experience to take this course?

No prior business experience is required to take the Foundation Course. However, having a basic understanding of project management or financial planning may help you grasp the concepts more easily.

What are the career opportunities after Better Business Case Foundation and Practitioner Training?

After completing this training, you can pursue roles such as Business Case Analyst, Project Manager, Financial Planner, or Strategy Consultant. The skills you acquire are in high demand across various sectors.

What will be the roles and responsibilities after finishing Better Business Case Foundation and Practitioner Course?

After completing this course, your roles may include preparing detailed business cases, reviewing and advising on project investments, and contributing to strategic decision-making processes within your organisation.

Why choose The Knowledge Academy in Chelmsford over others?

The Knowledge Academy stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking Better Business Cases Foundation and Practitioner Certification.

What is the cost/training fees for Better Business Cases™ Foundation & Practitioner in Chelmsford?

The training fees for Better Business Cases™ Foundation & Practitionerin Chelmsford starts from £3295

Which is the best training institute/provider of Better Business Cases™ Foundation & Practitioner in Chelmsford?

The Knowledge Academy is the Leading global training provider for Better Business Cases™ Foundation & Practitioner.

What are the best Better Business Cases™ courses in Chelmsford?

Please see our Better Business Cases™ courses available in Chelmsford

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Trusted & Approved

The Knowledge Academy's Better Business Cases courses are fully accredited by APMG

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water