Business Case Decision Making

Overview: A thorough business case is essential for making the best decisions on large expenditures, regardless of whether it is related to a project, a capital expenditure, an investment or anything else. A comprehensive one should cover a number of key areas to ensure there is sufficient information available to objectively assess its worth to the organisation. People involved in creating and/or assessing business cases for large expenditures need to be able to understand what should be included, objectively compare one business case with another and make decisions on which one is going to create the most value to the organisation both financially and non-financially.

This course covers all of the necessary areas to ensure that participants are able to effectively produce and evaluate a comprehensive business plan. At the end of the course, participants will be asked to create a personal action plan which they can use following the course to help them to turn their ideas from the course into reality.

Course Content:

• Where does project funding come from?
• The business case: its purpose, what should be considered within it and who has an interest in it
• How to create an accurate and effective business case
• Financial evaluation of a business case using techniques such as cost benefit analysis, payback, return on investment and net present value
• The impact of the business case on cash flow
• Measuring the success of a business case
• Understanding what represents a good business case

Who is it for? Anyone involved at any stage in the process of creating and/or evaluating business cases would benefit from this course regardless of the size of the business cases that they are involved in and how long they have been doing it for.

Duration: 1 day

Tailoring the course: Whilst we are more than happy to provide you with a generic course, we find that tailoring our courses to the particular needs of the course participants and to your own organisation provides the best results by far.

Any of our courses can be tailored to your specific organisation and incorporate your terminology, processes, reports, etc. We find that this really helps the course participants to see the relevance of the course content and assists them with understanding areas of finance that could potentially appear complex as we are using language and examples that they are familiar with and can easily relate to.