Better Business Cases Training | Better Business Cases Foundation Training in Salt Lake City

Better Business Cases™ Foundation Course Outline

Module 1: Overview of the Five Case Model

• Five Key Components of a Business Case and the Order in Which they are Presented
• Three Key Stages in the Development of a Spending Proposal
• Definition of a Programme / Project and the Key Differences Between Programmes and Projects
• Purpose of a Business Justification Case (BJC) and in What Circumstances it Should be Considered
• Purpose of a Strategic Outline Case (SOC)
• Purpose of an Outline Business Case (OBC)
• Purpose of a Full Business Case (FBC)
• Relationship Between Policies, Strategies, Programmes, and Projects And Their Deliverables

Module 2: Developing the Strategic Case

• Purpose and Core Content of a Strategic Case
• Purpose of SMART Robust Spending Objectives and The Key Objectives for Spend: Economy, Efficiency, Effectiveness, Re-Procurement, and Statutory or Regulatory Compliance
• Four Main Categories of Benefits Criteria and the Parties Involved in Their Development
• Three Key Categories of Risk
• Purpose of Identifying Constraints and Dependencies
• Difference Between Direct and Indirect Benefits

Module 3: Developing the Economic Case

• Purpose and Core Content of an Economic Case
• Purpose of Critical Success Factors and the Key Critical Success Factors Based Upon the Five Case Model
• Purpose of the Long List Options and How to Generate Options and Undertake SWOT Analysis
• Minimum of Four Short-List Options, How They are Derived, and What They Should Include 
• Difference Between the Preferred Way Forward and the Preferred Option
• Purpose, Objectives, Key Participants, and Outputs of Workshop Stage 2 – Identifying and Assessing the Options
• Rules that Should be Followed for the Treatment of Costs and Benefits
• Key Differences Between Economic Appraisals and Financial Appraisals
• Factors Considered When Selecting the Preferred Option

Module 4: Developing the Commercial Case

• Purpose and Core Content of Commercial Case
• Guiding Principles When Apportioning Risk Between the Contractual Parties
• Purpose of Payment Mechanisms
• Purpose of Step 9 in the Development Framework: Contracting for the Deal

Module 5: Developing the Financial Case

• Purpose and Core Content of a Financial Case
• Financial Statements Required for all Projects
• Possible Impacts to Consider

Module 6: Developing The Management Case

• Purpose and Core Content of a Management Case
• Purpose of a Programme / Project Management Strategy, Framework, and Plan
• Purpose of a Change Management Strategy, Framework, and Plan
• Purpose of a benefits Realisation Strategy, Framework, and Register / Plan
• Purpose of a Risk Management Strategy, Framework, and Register / Plan
• Purpose of a Post Programme / Project Evaluation Strategy, Framework, and Plan

Who should attend this Better Business Cases™ Foundation Course?

The Better Business Cases™ Foundation Course is ideal for individuals seeking to enhance their decision-making skills and develop a comprehensive understanding of business case development. It benefits anyone involved in project planning, management, or resource allocation within their organisation. This training course is especially for professionals like:

• Project Managers
• Business Analysts
• Financial Analysts
• Strategy Consultants
• Operations Managers
• Risk Managers
• Programme Managers
• Change Managers

Prerequisites of the Better Business Cases™ Foundation Training Course

There are no formal prerequisites for this course. However, it is suggested to have a basic knowledge of Project Management and Change Management concepts.

Better Business Cases™ Foundation Course Overview

Better Business Cases™ is a methodology designed to support effective decision-making in project development. It provides a structured approach to creating, assessing, and presenting business cases, ensuring that resources are allocated efficiently, and investments are justified through clear evidence and comprehensive analysis.

This course is ideal for Project Managers, Business Analysts, and Decision-makers involved in developing business cases. Professionals in finance, strategic planning, and project oversight will also benefit, as they seek to enhance their skills in constructing robust cases that align with organisational goals.

The Knowledge Academy's 3 Days Course offers delegates essential insights into the Better Business Cases™ framework, equipping them with the skills to develop high-quality business cases. Participants will learn to evaluate options, assess risks, and present their findings effectively, ensuring they can influence decision-making and drive organisational success.

Course Objectives

• To understand the Better Business Cases™ methodology
• To identify key components of a business case
• To develop skills for option appraisal
• To assess and manage risks effectively
• To construct clear and persuasive business cases
• To present findings to stakeholders
• To apply best practices in business case development
• To evaluate the success of business case implementation

Upon completion of the course, delegates will be equipped to create compelling business cases that facilitate informed decision-making, ensuring their contributions align with strategic objectives and enhance organisational performance.

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

• Better Business Cases™ Foundation Examination
• World-Class Training Sessions from Experienced Instructors
• Better Business Cases™ Foundation 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