Business Case Health Check
The purpose of a business case is to capture the reasoning for initiating a project or task. It is often presented in a well-structured written document, but may also sometimes come in the form of a short verbal argumentation. The logic of the business case is that any time resources such as money or effort are consumed, they should be in support of the business. An example could be that a software upgrade might improve system performance but the "business case" is that better performance would improve customer satisfaction.
Business cases can range from comprehensive and highly structured, as required by formal project management methodologies, to informal and brief, such as the example above. Information included in a formal business case could be the background of the project, the expected business benefits, the options considered (with reasons for rejecting or carrying forward each option), the expected costs of the project, a gap analysis and the expected risks. Consideration should also be given to the option of doing nothing including the costs and risks of inactivity. From this information, the justification for the project is derived.
Source: http://en.wikipedia.org/wiki/PRINCE2
Please fill in your name and email adress. This data is used only for registration purposes. Your email adress wil not given to any third party. Healthcheck-online is interested in your experience, if you like this Prince2 health check please leave a message in our guestbook.
Previous page: Organisation Health Check
Next page: Risk HealthCheck
