BPR Learning Center - Business Case

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Business Case
Overview	Business Case Resources
The business case is a document that presents a comprehensive view of the project and provides the financial justification and ROI for implemention. It is a critical component of your project. The business case "makes the case" for change and provides the financial basis for a project. The business case can be used to: communicate the project to others establish a method for measuring success receive funding approval for the project The business case tells the project story in straight forward, easy-to-understand language. If done correctly, the business case will provide compelling justification for a change by outlining (at a high level) what is broken and describing (at a level) the solution and its possible impacts. The business case answers questions like: Why are we doing this project? What is the project about? What is our solution to the business problem? How does this solution address the key business issues? How much will it cost? How long will it take? Will we suffer a productivity loss during the transition? How will the business benefit? What is the return on investment and pay back period? What are the risks of doing the project? What are the risks of not doing the project? How will we measure success? What alternatives do we have? Below is a list of key elements for a business case. See the Business Case Toolkit for a more in-depth discussion, including a complete template, guidelines and activities. Executive Summary Situational Assessment and Problem Statement Project Description Solution Overview Solution Detail Solution Alternatives Costs Benefits Implementation Timeline Critical Assumptions and Risk Assessment SWOT Analysis Conclusions and Recommendations Read more: The Business Case - Friend of Foe The Business Case - Essential Elements Activity Based Costing - What is it and how can reengineering teams use it?	Business Case Toolkit - this toolkit helps you build an effective business case that enables you to receive funding for your project, prioritize the solution based on what design elements produce the greatest benefits, and prepare an accurate budget for project implementation. The toolkit includes a complete Business Case template. Best Practices in Business Process Reengineering and Process Design Benchmarking Report - this report gives team members, project leaders and executive sponsors a first-hand account of what is working and what is not, combining data from three benchmarking studies to present the most accurate, up-to-date picture of process redesign and reengineering projects as well as insight into the mistakes to avoid on your project.

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