Writing Effective Business Cases

BA-104 (2 Days)
Request Pricing for Writing Effective Business Cases

Business Cases Training Overview

This Writing Effective Business Cases training course teaches attendees how to develop business cases that support their strategic business recommendations with sound budgeting and financial back-up. Students learn to make high-impact recommendations that receive full management support.

Location and Pricing

Accelebrate courses are taught as private, customized training for groups of 3 or more at your site. In addition, we offer live, private online training for teams who may be in multiple locations or wish to save on travel costs. To receive a customized proposal and price quote for private on-site or online training, please contact us.

Business Cases Training Objectives

All students will learn how to:

  • Understand the role of the business analyst within the business case process
  • Understand the main professional associations and standards that support business analysts
  • Understand the benefits of business case creation
  • Explore how to define the business need
  • Support the enterprise to determine how to optimally invest in the right project initiatives
  • Identify stakeholders and their significance to the pre-project activities
  • Understand the importance of analyzing the enterprise
  • Describe and explore the activities performed to assess the current business environment
  • Describe a ‘future’ state environment including how to identify gaps in enterprise capabilities
  • Define the scope of a solution
  • Determine viable solution options
  • Evaluate solution options, including feasibility and risk analysis
  • Understand the purpose of conducting a feasibility assessment
  • Discuss and practice a number of business analysis techniques that support the business case process
  • Use the components of a business case
  • Describe how the business case supports decision-makers in making go/no-go decisions
  • Demonstrate how to assemble the output from pre-project activities into a well-structured business case
  • Present business cases to top-level managers and obtaining buy-in
  • Leverage methods for preparing for challenges during business case delivery

Business Cases Training Outline

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Introduction
  • What is Business Analysis
  • Polling Question
  • International Institute of Business Analysis
  • BABOK® Guide Components
  • Project Management Institute
  • Business Analysis for Practitioners: A Practice Guide
  • BABOK® Guide Knowledge Areas
  • Benefits of Business Analysis
  • Polling Question
  • A Business Analyst can Influence Project Success Factors
  • Challenges of Business Analysis
  • Purpose of a Business Case
  • Define the Business Case Elements
  • What to Look Out For
  • Who is Involved
Pre-Project Activities and the Business
  • The Definition of a Business Analyst
  • The Role of a Business Analyst
  • Responsibilities of a BA
  • BA Role vs. PM Role
  • Business Analysis vs. Systems Analysis
  • Business Analysis Competencies
  • Polling Question
  • Business Analyst Role and Stakeholders
  • Afternoon
  • What is a Stakeholder?
  • The Importance of Stakeholders
  • Stakeholder Identification
  • Tips for Identifying Stakeholders
  • Other Stakeholder Tips
  • Stakeholder Identification/Analysis
  • Stakeholder Map
  • Stakeholder Matrix & Onion Diagrams
  • Stakeholder Map
  • Onion Diagram
  • Study the Enterprise?
  • What is Enterprise Architecture?
  • What is Strategy Analysis?
  • Strategy Analysis
  • Purpose
  • When to Perform Strategy Analysis
  • Strategic Planning
The Needs Assessment Process
  • Business Need
  • Define Business Need
  • The Needs Assessment Process
  • Problem or Opportunity
  • Understanding Why
  • Situation Statements
  • Business Need and Current State
  • Determine the Stakeholders
  • Polling Question
  • Goals and Objectives
  • Polling Question
  • Define Business Need Techniques
  • Definition of Strategy Analysis
  • When Business Strategy is not Driving Project Definition
  • Typical Project Profile
  • The Executive Paradox
  • The solution to the Paradox
  • The Four “Ares”  96
  • Understand How to Create a Business Model 
  • Business Model Example
  • The Business Case Approach
  • Financial and Strategic Measurement Tools
Determining the Required Capabilities and Defining Solution Scope 
  • Business Need and Current State
  • Purpose of Analyzing the Current State
  • Analyzing Current Capabilities and Process
  • Capabilities Defined
  • Techniques for Analyzing the Current State
  • Define the Future State 
  • Define the Future State
  • Techniques for Defining the Future State
  • Assess Capability Gaps
  • Stakeholders Involved when Reviewing Capability Gaps
  • Defining Solution Scope
  • Determining Scope Boundary
  • How to Define Solution Scope
  • Defining Solution Scope
  • Project Scope and Product Scope
  • Scope Modeling
  • Techniques Used to Define Scope
  • Define Scope Boundaries
  • Modeling Scope: Context Diagram
  • Communicating Solution Scope to Stakeholders
  • Stakeholders Participating in Scope Activities
Assessing Feasibility and Proposing Solution Options
  • Financial Analysis
  • Purpose of Financial Analysis
  • Costs versus Benefits
  • Financial Models
  • Timing for Assessing Financial Benefits
  • Afternoon
  • Risk
  • Assessing Risks
  • Risk Process
  • Risk Analysis
  • Capturing and Categorizing Risks
  • Risk Strategies
  • Tolerance for Risk
  • Determining Solution Options
  • Solution Option Process
  • Determining and Analyzing Solution Options
  • Brainstorming
  • Conducting an Outcomes Focused Brainstorming Session
  • Stakeholders Involved in Determining Solution Options
  • Feasibility Analysis
  • Solution Approach Definition
Packaging and Presenting the Business Case
  • Module Learning Objectives
  • Circumventing a Business Case
  • Documenting the Business Case
  • Value of the Business Case Process
  • Business Case Components
  • Business Case Techniques
  • Build a Convincing Business Case
  • Packaging the Business Case
  • Planning Business Case Delivery
  • Information and Communication Needs in the Business Case Process
  • Presenting your Business Case
Conclusion
Request Pricing for Writing Effective Business Cases
Lecture percentage

50%

Lecture/Demo

Lab percentage

50%

Lab

Course Number:

BA-104

Duration:

2 Days

Prerequisites:

All students should have taken Accelebrate's Introduction to Business Analysis or have equivalent experience.

Training Materials:

All Business Analysis training students receive comprehensive courseware.

Software Requirements:

No software is required. Students should be seated in pods of 3 or 4, with a notebook and pen for each student. Each pod should have a flipchart with multiple colors of markers. The instructor will require connectivity for her/his laptop to a projection system and Internet.

Contact Us:

Accelebrate’s training classes are available for private groups of 3 or more people at your site or online anywhere worldwide.

Don't settle for a "one size fits all" public class! Have Accelebrate deliver exactly the training you want, privately at your site or online, for less than the cost of a public class.

For pricing and to learn more, please contact us.

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