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Business Case

Revision as of 21:16, 5 December 2018 by User (talk | contribs) (A business case captures the business justification for initiating a task or project. Clearly whenever an organisation plans to commit finance or resources to a task or project, it should be in support of a demonstrable business need)

A business case captures the business justification for initiating a task or project. Clearly whenever an organisation plans to commit finance or resources to a task or project, it should be in support of a demonstrable business need. Organisations should make use of a business case to:

  • Demonstrate the business need for a given action;
  • Confirm that a project is feasible before expending significant funding;
  • Consider the strategic internal and external drivers for the project; and
  • Assess, compare and contrast the costs and benefits (both monetary and non-monetary) of choosing one course of action over another.[1]


References

  1. Business Case Definition ANSEC IA