Better Business Case (BBC)
BBC was designed to help mitigate the common reasons why programmes and projects fail being: lack of strategic fit, lack of senior management engagement, lack of stakeholder engagement, focus first on funding then value-for-money, lack of supply side engagement; and lack of a systematic approach to considering investment proposals.
BBC is an iterative development process comprising a number of phases. The level of detail and completeness of each of the five cases are built up at different rates during the process using ten steps.
Each phase supports a key decision point.
source: NZ Treasury