Project Business Case

Description

This course has been created for project managers, project sponsors, project team members, PMO employees, project management employees and all those who are interested to evaluate the financial and intangible advantages of executing a project.

The compilation of a business case, its maintenance and continuous update is a critical and crucial activity in the lifetime of a project.

The preparation of a business case before the execution of a project is crucial for the project approval.

The success of a project is determined by the way you maintain and update the business case taking into considerations: deviations, risks, changes in the benefits, options, etc.

In this course you will see:

• Why an Organization Needs a Business Case?

• How Does a Business Case Work?

• The Benefits Review Plan

• The Foundation for Project Success

• How to write a Business Case

• How to write a Successful Business Case

• Roles and Responsibilities for the Project Business Case

• The Project Scope

• How to conduct a Feasibility Study

• How to create a Project Plan with MS Project

• Project Business Value

• Advantages of Agile in improving the Business Value

• Business Value prioritization techniques

• Best practices for Business Value evaluation

• Financial figures to evaluate the Business Value: Cash Flow, Capital and Operational Expenditures, Net Present Value (NPV), Internal Rate of Return (IRR), Cost of Equity, Project costs

• How to measure the Business Value

• Project Cost Planning

• Project Cost control

• Project Forecasting

• Earned Value and Earned Value Management

• Project Budget Update

• Risk Identification

• Risk Analysis

• Risk Planning

• Risk Monitoring

• Contingency plans

• The risk report

• Risk assessment dashboard

Everything will be then explained in details and clarified with 2 case studies, the first related to a project for the internal organization and the second for a customer.

Some special bonuses (templates for project management activities) are included and clarified in videos at the end of the course.

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