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57086
Contract and Project Management




David Sowden, The University of Hull
10
57086
Contract and Project Management

Business Case




David Sowden, The University of Hull
Overview

• Business Case
 – What is a Business Case?
 – What should a Business Case contain?
 – Developing a Business Case
 – Developing path of a Business Case.




                                         3
What is a Business Case ?

• A description of the reasons for the project and justification for undertaking the
  project. Including:
   – estimated costs
   – the risks and
   – expected business benefits and savings.
• It should cover the entire scope of change to the business that will be affected by
  the project.
• It is the most important set of information for the project. it should drive the
  decision-making processes and is used continually to align the project progress.
• Business Cases should be developed inline with any organisation standards that
  might exist within the projects business environment.




                                           4
What should a Business Case contain?
                                                                           <Insert Project Name>                     Created/updated 06/08/12



• Summary                         57086
                                  Contract and Project Management Module
                                  Business Case
• Reasons                         Project Name:
                                  Date:                                                                 Release:               Draft/Final
                                  Author:

• Options                         Owner:

                                  Client:


• Benefits expected               Document Number:

                                  Note: This document is only valid on the day it was printed

  – Dis-benefits
• Risks                           Revision History
                                  Revision Date          Previous          Summary of Changes
                                                                                                Date of next revision:
                                                                                                                                         Changes
                                                         Revision Date                                                                   Marked



• Costs and timescale
                                  Approvals

• Investment appraisal            This document requires the following approvals. A signed copy should be placed in the project files.
                                  Name             Signature                            Title                         Date of Issue      Version




• Evaluation considerations
                                  Distribution
                                  This document has been distributed to:
                                  Name                                                  Title                          Date of Issue     Version




• (template available)

                              5   © University of Hull
                                                                                                                                         page 1 of 4
Role of a Business Case
• To capture the knowledge
  –lessons learnt (research)
• Receive funding and approval to
  move forward
• Focus on priorities within the
  proposed project
• Consistent message.

                          6
Who should write the Business Case?

• Everyone within the team
  should contribute to it’s
  development
• Ideally with this information
  1/2 people should actually
  write the final document




                                  7
When should the Business Case be written?

               Design Phase                           Implementation Phase




  Scope         Learn            Create            Plan           Implement




                Customers
  Boundaries                        Vision      Change mgmt         Change mgmt
                 Associates
    Issues                         Process       Systems dev     Systems Integration
               Benchmarking
  Objectives                     Technology      Training dev         Training
                Technology
   Schedule                       Org design     Org changes         Org design
               Best practices
    Budget                      Business Case   Pilot programs      Measurement
               Change mgmt




                                     8
Keep in mind when the Business Case is written?

• Make it interesting, though not personal
• Keep it clear and concise
• Minimise jargon, conjecture and
  acronyms
• Communicate all facts as part of the
  ‘story’
• Provide the reader with a ‘picture’ or
  vision of the end state
• Demonstrate the value the project
  brings to the Business, customer and the
  financial bottom line.


                                 9
Benefits to you of a Business Case
• Organisation of thoughts,
  activities and knowledge
• An objective review of ideas and
  facts of the project
• The ability to identify holes,
  inconsistencies or weakness in the
  effort
• An improved ability to
  communicate the purpose of the
  project
• Financial justification for the
  effort
• A great sense of accomplishment

                                    10
Summary of a Business Case
                                                                                                   EXAMPLE
     Project Name
Personalised systems supporting IPD* and CPD within a professional framework (CPD-Eng)
Outline Project Description:

This project will develop a personalised, ‘learner controlled’ online environment to support an
individual’s continuing professional development (CPD) and the staff CPD review process. At its
centre is a scalable, interoperable and robust access and identity management system that will
integrate and control access to personal e-portfolio technologies.

CPD-Eng will create a personalised continuing professional development pilot in the field of
Engineering, integrating and improving existing systems in the areas of reporting, resource and
process management. CPD-Eng will also support the relationships between the lifelong and
workbased learner, training institution(s), knowledge exchange, regulatory bodies (ECuk),
professional bodies and employers.

CPD-Eng will provide the innovative, personalised infrastructure that will support the work-based
learner through a new suite of flexible pathways to professional qualifications for the engineering
professional, integrating real and online worlds and enabling learning to take place 'whenever and
wherever'.
(Footnote * Initial/Qualifying professional development - The structured professional development undertaken by an individual in order to meet the
requirements for registration with a professional body. Continuing professional development. - The systematic maintenance, improvement and
broadening of knowledge and skills, and the development of personal qualities necessary for the execution of professional duties throughout working
life.)
TASK



Review your Business Case

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57086 10 business_case

  • 1. 10 57086 Contract and Project Management David Sowden, The University of Hull
  • 2. 10 57086 Contract and Project Management Business Case David Sowden, The University of Hull
  • 3. Overview • Business Case – What is a Business Case? – What should a Business Case contain? – Developing a Business Case – Developing path of a Business Case. 3
  • 4. What is a Business Case ? • A description of the reasons for the project and justification for undertaking the project. Including: – estimated costs – the risks and – expected business benefits and savings. • It should cover the entire scope of change to the business that will be affected by the project. • It is the most important set of information for the project. it should drive the decision-making processes and is used continually to align the project progress. • Business Cases should be developed inline with any organisation standards that might exist within the projects business environment. 4
  • 5. What should a Business Case contain? <Insert Project Name> Created/updated 06/08/12 • Summary 57086 Contract and Project Management Module Business Case • Reasons Project Name: Date: Release: Draft/Final Author: • Options Owner: Client: • Benefits expected Document Number: Note: This document is only valid on the day it was printed – Dis-benefits • Risks Revision History Revision Date Previous Summary of Changes Date of next revision: Changes Revision Date Marked • Costs and timescale Approvals • Investment appraisal This document requires the following approvals. A signed copy should be placed in the project files. Name Signature Title Date of Issue Version • Evaluation considerations Distribution This document has been distributed to: Name Title Date of Issue Version • (template available) 5 © University of Hull page 1 of 4
  • 6. Role of a Business Case • To capture the knowledge –lessons learnt (research) • Receive funding and approval to move forward • Focus on priorities within the proposed project • Consistent message. 6
  • 7. Who should write the Business Case? • Everyone within the team should contribute to it’s development • Ideally with this information 1/2 people should actually write the final document 7
  • 8. When should the Business Case be written? Design Phase Implementation Phase Scope Learn Create Plan Implement Customers Boundaries Vision Change mgmt Change mgmt Associates Issues Process Systems dev Systems Integration Benchmarking Objectives Technology Training dev Training Technology Schedule Org design Org changes Org design Best practices Budget Business Case Pilot programs Measurement Change mgmt 8
  • 9. Keep in mind when the Business Case is written? • Make it interesting, though not personal • Keep it clear and concise • Minimise jargon, conjecture and acronyms • Communicate all facts as part of the ‘story’ • Provide the reader with a ‘picture’ or vision of the end state • Demonstrate the value the project brings to the Business, customer and the financial bottom line. 9
  • 10. Benefits to you of a Business Case • Organisation of thoughts, activities and knowledge • An objective review of ideas and facts of the project • The ability to identify holes, inconsistencies or weakness in the effort • An improved ability to communicate the purpose of the project • Financial justification for the effort • A great sense of accomplishment 10
  • 11. Summary of a Business Case EXAMPLE Project Name Personalised systems supporting IPD* and CPD within a professional framework (CPD-Eng) Outline Project Description: This project will develop a personalised, ‘learner controlled’ online environment to support an individual’s continuing professional development (CPD) and the staff CPD review process. At its centre is a scalable, interoperable and robust access and identity management system that will integrate and control access to personal e-portfolio technologies. CPD-Eng will create a personalised continuing professional development pilot in the field of Engineering, integrating and improving existing systems in the areas of reporting, resource and process management. CPD-Eng will also support the relationships between the lifelong and workbased learner, training institution(s), knowledge exchange, regulatory bodies (ECuk), professional bodies and employers. CPD-Eng will provide the innovative, personalised infrastructure that will support the work-based learner through a new suite of flexible pathways to professional qualifications for the engineering professional, integrating real and online worlds and enabling learning to take place 'whenever and wherever'. (Footnote * Initial/Qualifying professional development - The structured professional development undertaken by an individual in order to meet the requirements for registration with a professional body. Continuing professional development. - The systematic maintenance, improvement and broadening of knowledge and skills, and the development of personal qualities necessary for the execution of professional duties throughout working life.)