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Business case template free download
You must be wondering what a business case is all about. Well, technically, a business case is a lot like a business plan. Before you actually start working on the project, you need to have a case template ready with you. The business case actually states the reason behind the particular project or assignment and initiates it. The sample template that has been provided here presents the information in a compact manner.
Transport Business Case Template gov. Also, the case template has been professionally designed. Initial Business Case Template finance. Strategic Business Case Template networkrail.
Here you can mention the business strategy you have in mind. Business case template free download template is not only easy to use but also professional. You have business plans and you have business cases. Both happen business case template free download be two very different kinds of documents although the business case template free download case certainly forms an integral aspect of the business plan.
The business case is usually a document that has been very well written and is detailed and to the point. If you have been assigned a particular project or assignment at your place of work, you first need to draw up a business case stating the reasons behind the project.
This document must be submitted in a neat format and at the very beginning. Generic Business Case Templates jiscmail. Some of them are: The business case templates have been designed by a bunch of professionals who know what you want and what you require. That gives the templates business case template free download professional touch which is of utmost importance to any business case.
The templates are well written. With a formal tone present throughout and an elegant style in the way the details have been arranged, these business case documents are certainly eye catching. Also, they windows 10 free download 2020 – windows 10 free download 2020 pretty easy to use.
Project Business Case Template tmr. Based on your needs and requirements and the kind of project or assignment you have been assigned, you need to download a suitable template and use it accordingly. View All Business Templates. Available in.
[13+ Business Case Templates – PDF, DOC
Use this free Business Case Template for Word to manage your projects better. A business case template is a document that helps sell your project. It collects the main points of a project and delivers them in a clear and concise manner.
Our free business case template for Word is a great tool to help you gather that important data during the project initiation phase and show the project stakeholders the value and validity of the project. The business case is a document used in project management to show that the costs related to the project are worthwhile and there will be a strong return on investment.
These documents summarize various aspects of the project including its objective in addition to the costs and benefits that the project will deliver to its stakeholders. You can think of a business case as the pitch you make to win over the client, customer or stakeholder.
This buy-in is essential for any project to meet its objectives. A business case provides details that are only outlined in the project proposal of the project. Unlike a project charter , which is a high-level description of the project and its deliverables, the business case is more focused on return on investment and future opportunities. The main reason why a business case template is so important is that it does the due diligence for stakeholders and proves that the expense is worth the return on their investment.
A business case acts as a number of different cases. The economic case explores if the project offers the best value. A commercial case looks at the project through the lens of the market.
A financial case sees if the investment is affordable for the company. A management case looks at those who will be involved in the project and whether they can deliver it. No matter the project, big or small, the business case is a must if only to define the business needs and objectives of the project. Whether you have a long document or capture it all in the span of a single page, the business case template is a great way to align the project team and stakeholders, one of the most important reasons why you need a business case.
In order to fill in the blanks in our free business case template for Word, you need to start with research. That research will include the market you intend to introduce your project or service to the competitors that are already in that space and any alternatives.
The best approaches will be included in your business case template. Your business case should be to the point but at the same time not skip important details that will sway your stakeholders. This picture should be realistic while simultaneously proving the feasibility of the project from the point of view of investment.
Our free business case template for Word is broken up into the following categories. This is at the top of our template.
This will provide your stakeholders with a way to get the gist of the whole document at a glance. The mission statement is like the North Star in that it will help lead the team as well as help stakeholders understand the project more fully. If the project moves forward, there will be changes along the way and the mission statement will make sure that as you adjust your project plan you always keep the reason for the project in the crosshairs.
This includes the project scope, such as the tasks and deliverables of the project that will allow you to reach your business objectives. There are four basic project organizations: functional, which is a traditional structure with departments and managers who report to an executive; project, with divisions that focus on a specific project; organic, where the project follows a natural progression that is more flexible; and matrix, which is part function and part project-based.
This comparison can be done with a sensitivity analysis and cost-benefit analysis. Whatever your product or service and however successful you say it will be, you must back up those claims with market research.
Not only the opportunities that you see in the market, but you need to also outline any threats to your product or service. Describe what your distribution channel will be and what you think is a competitive price point for the product or service. No project is without risk. The best way to prepare for this unknown inevitable is by making a risk assessment of the project. Where are the weak points?
Identify potential issues that might arise over the life cycle of the project and develop plans to mitigate or take advantage of these risks, as there are both negative and positive risks in a project. ProjectManager is project management software that helps you turn a business case into a project. We have the tools you need to plan better and monitor your execution so you deliver your project on time and within budget. A business case is what convinces your stakeholders that the project is worthwhile.
You can organize tasks, link dependencies to avoid bottlenecks and set milestones to track progress. Our tool goes even further by allowing you to filter for the critical path without time-consuming calculations. Once you set the baseline, you can then generate variance reports to see if your actual progress is aligned with your planned progress.
In order to meet the expectations set by your business case and keep your stakeholders updated, you need to have an eye on your project to see things as they happen. Our real-time dashboard automatically collects and calculates six project metrics and displays them in colorful graphs that are easy to digest.
We also have real-time reports that dive deeper into the data, which can be filtered to show only what you want to see and shared with stakeholders to manage their expectations. The business case template is a powerful tool to win over your stakeholders. ProjectManager is not the software that will make the business case a reality.
Here are a few. Part of any business case is the executive summary. If you need help composing this overview, our free executive summary template for Word is what you should download. When developing a strategic plan for your business case, our free SWOT analysis template for Word helps you map the internal and external factors of influence.
SWOT stands for strengths, weaknesses, opportunities and threats. This free template download can help you see your project in a bigger context. Another important part of a business case is the financial appraisal.
Our free estimate template for Excel helps you identify all the project costs related to labor, materials and more to show your stakeholders why their investment is going to give them a greater return.
ProjectManager is also a great place to read about project management. We publish multiple blogs a week and have hundreds of tutorial videos, guidebooks, white papers and much more.
These assets cover every aspect of managing a project, from initiation to close. Here are some related to making a business case. ProjectManager is award-winning software that organizes work, monitors progress and reports on performance to keep you productive. Real-time data helps you make more insightful decisions. Get started with ProjectManager today for free. Deliver faster, collaborate better, innovate more effectively — without the high prices and months-long implementation and extensive training required by other products.
Download Word File. What Is a Business Case? Why You Need a Business Case Template The main reason why a business case template is so important is that it does the due diligence for stakeholders and proves that the expense is worth the return on their investment.
How to Use Our Business Case Template for Word In order to fill in the blanks in our free business case template for Word, you need to start with research.
Executive Summary This is at the top of our template. Market Assessment Whatever your product or service and however successful you say it will be, you must back up those claims with market research. Risk Assessment No project is without risk. Monitor Progress and Performance With Real-Time Dashboards In order to meet the expectations set by your business case and keep your stakeholders updated, you need to have an eye on your project to see things as they happen.
Other Templates to Help Build a Business Case The business case template is a powerful tool to win over your stakeholders. Executive Summary Template Part of any business case is the executive summary. Estimate Template Another important part of a business case is the financial appraisal. Related Content ProjectManager is also a great place to read about project management. The Ultimate Guide to Project Planning ProjectManager is award-winning software that organizes work, monitors progress and reports on performance to keep you productive.
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Business case template free download. FREE 10+ Business Case Templates in PDF
That research will include the market you intend to introduce your project or service to the competitors that are already in that space and any alternatives. The best approaches will be included in your business case template. Your business case should be to the point but at the same time not skip important details that will sway your stakeholders.
This picture should be realistic while simultaneously proving the feasibility of the project from the point of view of investment. Our free business case template for Word is broken up into the following categories. This is at the top of our template. This will provide your stakeholders with a way to get the gist of the whole document at a glance. The mission statement is like the North Star in that it will help lead the team as well as help stakeholders understand the project more fully.
If the project moves forward, there will be changes along the way and the mission statement will make sure that as you adjust your project plan you always keep the reason for the project in the crosshairs.
This includes the project scope, such as the tasks and deliverables of the project that will allow you to reach your business objectives. There are four basic project organizations: functional, which is a traditional structure with departments and managers who report to an executive; project, with divisions that focus on a specific project; organic, where the project follows a natural progression that is more flexible; and matrix, which is part function and part project-based. This comparison can be done with a sensitivity analysis and cost-benefit analysis.
Whatever your product or service and however successful you say it will be, you must back up those claims with market research. Not only the opportunities that you see in the market, but you need to also outline any threats to your product or service. Describe what your distribution channel will be and what you think is a competitive price point for the product or service. No project is without risk. The best way to prepare for this unknown inevitable is by making a risk assessment of the project.
Where are the weak points? Identify potential issues that might arise over the life cycle of the project and develop plans to mitigate or take advantage of these risks, as there are both negative and positive risks in a project. ProjectManager is project management software that helps you turn a business case into a project.
We have the tools you need to plan better and monitor your execution so you deliver your project on time and within budget. A business case is what convinces your stakeholders that the project is worthwhile.
You can organize tasks, link dependencies to avoid bottlenecks and set milestones to track progress. Our tool goes even further by allowing you to filter for the critical path without time-consuming calculations.
Once you set the baseline, you can then generate variance reports to see if your actual progress is aligned with your planned progress. In order to meet the expectations set by your business case and keep your stakeholders updated, you need to have an eye on your project to see things as they happen. Our real-time dashboard automatically collects and calculates six project metrics and displays them in colorful graphs that are easy to digest.
We also have real-time reports that dive deeper into the data, which can be filtered to show only what you want to see and shared with stakeholders to manage their expectations. The business case template is a powerful tool to win over your stakeholders. ProjectManager is not the software that will make the business case a reality.
Here are a few. Part of any business case is the executive summary. If you need help composing this overview, our free executive summary template for Word is what you should download. When developing a strategic plan for your business case, our free SWOT analysis template for Word helps you map the internal and external factors of influence. SWOT stands for strengths, weaknesses, opportunities and threats. This free template download can help you see your project in a bigger context.
Another important part of a business case is the financial appraisal. Our free estimate template for Excel helps you identify all the project costs related to labor, materials and more to show your stakeholders why their investment is going to give them a greater return.
ProjectManager is also a great place to read about project management. We publish multiple blogs a week and have hundreds of tutorial videos, guidebooks, white papers and much more. The project sponsor prepares the business case in cooperation with team members and subject matter experts from the applicable areas, such as IT or finance. Some companies may have dedicated project management offices. In that case, the project management office prepares the business case.
If an outside organization requests support, that entity prepares the business case. The project sponsor and interested parties review the business case. Based on the business case, the project may be approved, rejected, altered, or postponed. A business case may seem to require a lot of information, but you can keep it simple if you keep a few things in mind:. Empower your people to go above and beyond with a flexible platform designed to match the needs of your team — and adapt as those needs change.
The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed.
Try Smartsheet for free, today. In this article. One-Page Business Case Template. Project Business Case Template. Simple, powerful project management with Smartsheet. Construction Business Case Template. Simple Business Case Template. IT Business Case Template. Life Sciences Business Case Template.
What Is a Business Case? The Business Case and Business Case Template Writing Process Poor preparation and a lack of senior management involvement often contribute to eventual project failure.
When writing the business case, consider these pointers for success: Write in the voice of your readers and stakeholders, but avoid jargon as much as possible. Communicate concisely regarding the essential content. Be interesting, even entertaining. Be clear about your goals and how they can benefit the organization. Limit the number of authors to keep the voice and style consistent. The Main Elements of a Business Case Template Your business case is intended to provide sponsors, stakeholders, and investors with a clear picture of the outcomes and benefits of your project.
In general, a business case contains the following particulars about a project: A high-level summary Financial information about the costs and benefits Details of the scope Benefits and risks Information about how the project will be managed Measurements for success A sample business case template is available here for the management certification guidelines used in the UK, Australia, and other countries.
Typical elements include most or all of the following: An Executive Summary: Particularly in government or formal business situations, the executive summary may be the only part of the document that stakeholders, investors, the media, and other interested parties read. An executive summary must convey what will be done, who will do it, how much it will cost, and how and who it will benefit — in one page or less. Another gauge for length is that it should take no longer than five minutes to read.
Purpose: The purpose of the project describes the background of the business problem or opportunity. It details how the change envisioned by completing the project will improve the situation. Alternatives: Researching and describing viable alternative options to the recommended project will help provide a more vivid context for the recommended solution.
Strategic Alignment: Explaining how your plan fits into and advances the overall strategic direction of the organization is crucial. Stating project goals and objectives in this context can strengthen your case. Organizational Impact: Discuss how the proposed project will change the organization. Consider any relevant departments, equipment, processes, or roles.
Stakeholder analysis i. Assumptions and Constraints: Be clear about any anticipated resources or limitations. For example, if funding from one agency is certain, note that.
If success depends upon implementing a new platform, note that. The list of assumptions may grow and change as the project progresses. You may also consider any interdependencies that might affect the plan. Benefits: Articulate the anticipated outcomes to show how the entire organization gains and improves from your project. Examples of benefits are more customers served, less eye strain for service reps at workstations, or a roof patch ahead of storm season.
Schedule and Costs: Outline the plan with a brief timeline for project development and completion, including major milestones. For technology projects, provide an overview of the migration plan, if required.
On the timeline, add a cost benefit analysis and budget, possibly even with ongoing maintenance costs. Risks and Opportunities: Risks describe what could happen to delay or prevent the completion of the project or raise the costs of the project. Depending on the scope of your project, complete your business case analysis by studying PESTLE factors political, economic, social, technological, legal, and environmental.
For each risk you identify, include a mitigation plan.