SlideShare ist ein Scribd-Unternehmen logo
1 von 28
Downloaden Sie, um offline zu lesen
1 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Martyn Kinch –TrainingByte Size Ltd
Better business cases overview presentation - 5 Case Model
3 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Training Bytesize 
Martyn Kinch 
martyn@trainingbytesize.com 
01270 610352 
07850 202444 
martynjkinch
4 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Who Are Training Bytesize: 
•Project Management Translation projects 
•Español, français, Deutsch, Polski, العربية 
•Preferred PM Training suppliers to: 
•Top Tier Trainers and Great Customer Service 
•Family run business with a passion for trainingin project management 
•Over 350 Exams a month now taken through TBS 
•New Office in Australia, partners in Germany, Spain, France and Poland
5 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Courses Include 
Courses available as Classroom 
Blended or Online: 
PRINCE2 
Agile 
Better Business Cases 
Managing Benefits 
Business Analysis 
Change Management (2015) 
APM-IC 
APMP 
APM PQ (2015) 
APM Risk Level 1 
Green Project Management
6 
© 2014 copyright of Training ByteSize unless otherwise stated. 
“Publicsectorinvestvastsumsofmoneyeachyearonneworreplacementassetssuchasbuildings,equipmentandfacilities. 
WithsomuchdemandforCapitalInvestmentitisessentialthatwemaketherightchoicesanddemonstratevalueformoney”
7 
© 2014 copyright of Training ByteSize unless otherwise stated. 
The Five Case Model (from HM Treasury) 
A framework for ‘thinking’ to help answer three basic questions 
‘where are we now?’, 
‘where do we want to be?’ and 
‘how are we going to get there?’ 
A step by step guide to developing a business case by: 
•Establishing a clear need for intervention -the case for change. 
•Setting clear objectives –desired outcome 
•Considering a wide range of potential solutions -an optimal balance 
of benefits, cost and risk. 
•Putting the arrangements in place to successfully deliver the proposal. Successful execution 
The process is about 
thinking not writing
8 
© 2014 copyright of Training ByteSize unless otherwise stated. 
UK Projects 
“Study of government projects reveals $4billion in wasted efforts as a result of failed projects. 
‘Only 30% of our projects and programs are successful’ -Joe Harley, programme and systems delivery officer at the Department for Work and Pensions.” 
Source :Guardian Newspaper (UK) Scope :Investigation into government waste in the UK since year 2000Date :5 Jan 2008 
“© The APM Group Ltd. 2014. All rights reserved.”
9 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Why Better Business Cases? 
•In The UK: 
–Over 900 public Sector Organisations each procure around 30 key investments a year 
–Equates to around 27,000 business cases p.a. 
–Conservative cost of around £50,000 average cost each 
•Over £1.35 billion spent on Public Sector Business Cases per year 
•Use of BBC guidance could reduce this by 15-25% 
•Potential savings of between £200-£300 million per year
10 
© 2014 copyright of Training ByteSize unless otherwise stated. 
The BBC Programme is currently in use in:
11 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Why are Business Cases important? 
A business case provides decision makers and the public as well as the private sector with a management tool for transparent, evidence-based decision making. 
Successful projects are a result of: 
•Realistic planning 
•Clear focus on end goal 
•Robust implementation plan 
•Consideration of associated risks
12 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Management 
The 5 key elements of good practice business cases 
The Five Case Model 
Financial 
Commercial 
Economic 
Strategic 
Applicable - strategic fit & business needs 
Appropriate –optimises public value 
Attractive –to supply side and feasible 
Affordable – within budget 
Achievable – can besuccessfully delivered
13 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Strategic Context 
•The spending objectives, existing arrangements and business needs. The business need is the overriding factor 
•The potential business scope and key requirements 
•The benefits, risks, constraints and dependencies 
•Economy –to reduce costs. 
•Efficiency –improving throughput and unit cost. Doing more for less. 
•Effectiveness –improving quality outcomes 
•Re-procurement 
•Statutory Compliance 
The Spending Objectives
14 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Great Value for £50,000! 
But Can We Afford it!
15 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Short List 
Long List 
Preferred 
Way 
Forward
16 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Preferred Option is best NPV 
Cost Benefit Analysis to decide 
best option to move forward 
In too many projects people are either too optimistic in stating the benefits the project will deliver or understate the costs and risks
17 
© 2014 copyright of Training ByteSize unless otherwise stated.
18 
© 2014 copyright of Training ByteSize unless otherwise stated.
19 
© 2014 copyright of Training ByteSize unless otherwise stated. 
•Change Management 
•Benefits Realisation 
•Risk Management 
•PER & PIR
20 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Three Types of Business Case 
1.The key purpose of Strategic Outline Case is to: 
–establish the strategic context for the spending proposal; 
–evidence the case for change; 
–establish the preferred way forward 
2.The key purpose of the Outline Business Case is to: 
–revisit the SOC assumptions and main findings 
–establish the preferred option 
–put in place the arrangements for the procurement of the scheme 
3. The key purpose of the Full Business Case is to: 
–revisit OBC assumptions and main finding; 
–evidence that the most economically advantageous tender (MEAT) for the scheme has been accepted; 
–establish that the management arrangements for successful delivery are in place.
21 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Three Types of Business Case 
1.The key purpose of Strategic Outline Case is to: 
–establish the strategic context for the spending proposal; 
–evidence the case for change; 
–establish the preferred way forward 
2.The key purpose of the Outline Business Case is to: 
–revisit the SOC assumptions and main findings 
–establish the preferred option 
–put in place the arrangements for the procurement of the scheme 
3. The key purpose of the Full Business Case is to: 
–revisit OBC assumptions and main finding; 
–evidence that the most economically advantageous tender (MEAT) for the scheme has been accepted; 
–establish that the management arrangements for successful delivery are in place.
22 
© 2014 copyright of Training ByteSize unless otherwise stated. 
10 Key Steps
23 
© 2014 copyright of Training ByteSize unless otherwise stated. 
10 Key Steps -Continued
24 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Benefits 
For Organizations:- 
•Reduction in unnecessary spending and consultancy costs. 
•A process and guidance designed to optimize value from change initiatives. 
•A clear, proportionate approval process and improved, more informed decision making. 
•Complements existing best practice 
•Short courses minimize disruption to business as usual. 
For Individuals:- 
•Improved understanding of the Better Business Cases process, relevant not only to those producingbusiness cases and spending proposals, but also those reviewing. 
•Understanding of an established and proven methodology which can be applied at both strategic (macro) and tactical (micro) levels. 
•Recognized certification for a core business competency for so many in mid and senior management roles.
25 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Courses and Qualifications 
•Foundation Course and Exam 
–Online or Classroom course 2 days followed by optional closed book exam 
–Closed book, multiple choice, 50 questions 
–50% pass mark 40 minutes duration 
•Practitioner Course and Exam 
–Classroom course 3 days followed by an exam on day 3 
–Open book exam 
–4 questions per paper, with 20 marks available per question 
–50% pass mark 2 ½ hours duration 
•Reviewer Course 
–Under development/discussion
26 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Conclusion 
Better Business Cases lead to: 
Better decisions, better investments & achievement of better outcomes. 
“If Applied with common sense and proportional effort relative to the size of the project why wouldn’t you use BBC Guidelines – Public or Private?” 
Treasury now insists on BBC framework on all Business Cases 
Outside Contracting Organisations are skilling up 
Contractors and Consultants will need to show the knowledge 
Which will lead to adoption in the Private Sector
27 
© 2014 copyright of Training ByteSize unless otherwise stated. 
Any questions
28 
© 2014 copyright of Training ByteSize unless otherwise stated.

Weitere ähnliche Inhalte

Was ist angesagt?

Business case
Business caseBusiness case
Business caserb499
 
Business Case Development
Business Case DevelopmentBusiness Case Development
Business Case Developmenttltiede
 
How to Write a Business Case: 4 Steps to a Perfect Business Case Template
How to Write a Business Case: 4 Steps to a Perfect Business Case TemplateHow to Write a Business Case: 4 Steps to a Perfect Business Case Template
How to Write a Business Case: 4 Steps to a Perfect Business Case TemplateWorkfront
 
Project management and its strategic importance
Project management and its strategic importanceProject management and its strategic importance
Project management and its strategic importanceabhianvbansal
 
Project Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management ConceptsProject Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management ConceptsThink For A Change
 
Introduction to Project Management by Javid Hamdard
Introduction to Project Management by Javid HamdardIntroduction to Project Management by Javid Hamdard
Introduction to Project Management by Javid HamdardJavid Hamdard
 
PMP Chap 5 - Project Scope Management - Part 2
PMP Chap 5 - Project Scope Management - Part 2PMP Chap 5 - Project Scope Management - Part 2
PMP Chap 5 - Project Scope Management - Part 2Anand Bobade
 
PMP Chap 7 - Project Cost Management - Part 2
PMP Chap 7 - Project Cost Management - Part 2PMP Chap 7 - Project Cost Management - Part 2
PMP Chap 7 - Project Cost Management - Part 2Anand Bobade
 
BASICS OF PROJECT MANAGEMENT
BASICS OF PROJECT MANAGEMENTBASICS OF PROJECT MANAGEMENT
BASICS OF PROJECT MANAGEMENTNiruban Projoth
 
PMBOK GUIDE 7th Summary
PMBOK GUIDE 7th Summary PMBOK GUIDE 7th Summary
PMBOK GUIDE 7th Summary Amr Miqdadi
 
BFSI - IT Project Management
BFSI - IT Project ManagementBFSI - IT Project Management
BFSI - IT Project Managementfincbsinc
 
Project Management Centre of Excellence
Project Management Centre of ExcellenceProject Management Centre of Excellence
Project Management Centre of ExcellenceProject Management CoE
 

Was ist angesagt? (20)

Project Management
Project ManagementProject Management
Project Management
 
Project Execution
Project ExecutionProject Execution
Project Execution
 
Project Execution
Project ExecutionProject Execution
Project Execution
 
Business case
Business caseBusiness case
Business case
 
Business Case Development
Business Case DevelopmentBusiness Case Development
Business Case Development
 
How to Write a Business Case: 4 Steps to a Perfect Business Case Template
How to Write a Business Case: 4 Steps to a Perfect Business Case TemplateHow to Write a Business Case: 4 Steps to a Perfect Business Case Template
How to Write a Business Case: 4 Steps to a Perfect Business Case Template
 
Project management
Project managementProject management
Project management
 
Project management and its strategic importance
Project management and its strategic importanceProject management and its strategic importance
Project management and its strategic importance
 
Planning fundamentals - Project Management
Planning fundamentals - Project ManagementPlanning fundamentals - Project Management
Planning fundamentals - Project Management
 
Project Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management ConceptsProject Management Foundations Course 101 - Project Management Concepts
Project Management Foundations Course 101 - Project Management Concepts
 
Introduction to Project Management by Javid Hamdard
Introduction to Project Management by Javid HamdardIntroduction to Project Management by Javid Hamdard
Introduction to Project Management by Javid Hamdard
 
Business Case Development Framework
Business Case Development FrameworkBusiness Case Development Framework
Business Case Development Framework
 
PMP Chap 5 - Project Scope Management - Part 2
PMP Chap 5 - Project Scope Management - Part 2PMP Chap 5 - Project Scope Management - Part 2
PMP Chap 5 - Project Scope Management - Part 2
 
07 project cost management
07 project cost management07 project cost management
07 project cost management
 
PMP Chap 7 - Project Cost Management - Part 2
PMP Chap 7 - Project Cost Management - Part 2PMP Chap 7 - Project Cost Management - Part 2
PMP Chap 7 - Project Cost Management - Part 2
 
BASICS OF PROJECT MANAGEMENT
BASICS OF PROJECT MANAGEMENTBASICS OF PROJECT MANAGEMENT
BASICS OF PROJECT MANAGEMENT
 
PMBOK GUIDE 7th Summary
PMBOK GUIDE 7th Summary PMBOK GUIDE 7th Summary
PMBOK GUIDE 7th Summary
 
BFSI - IT Project Management
BFSI - IT Project ManagementBFSI - IT Project Management
BFSI - IT Project Management
 
Project Management Centre of Excellence
Project Management Centre of ExcellenceProject Management Centre of Excellence
Project Management Centre of Excellence
 
Scope Management
Scope ManagementScope Management
Scope Management
 

Andere mochten auch

Dell ad Google Case Study
Dell ad Google Case StudyDell ad Google Case Study
Dell ad Google Case StudyLúcia Dénis
 
Business Case Development - How and Why
Business Case Development - How and WhyBusiness Case Development - How and Why
Business Case Development - How and WhyDave Angelow
 
Presenting Your (Business) Case
Presenting Your (Business) CasePresenting Your (Business) Case
Presenting Your (Business) Casecidicula
 
How to answer case studies in marketing
How to answer case studies in marketingHow to answer case studies in marketing
How to answer case studies in marketingMaxwell Ranasinghe
 
37. Business Case Template
37. Business Case  Template37. Business Case  Template
37. Business Case TemplateEarl Stevens
 
Case Study Presentation
Case Study PresentationCase Study Presentation
Case Study Presentationjeetlulla
 
MBA case study presentation template
MBA case study presentation templateMBA case study presentation template
MBA case study presentation templategorvis
 
Heineken Case Study business Analysis
Heineken Case Study business AnalysisHeineken Case Study business Analysis
Heineken Case Study business Analysisjin88lin
 

Andere mochten auch (8)

Dell ad Google Case Study
Dell ad Google Case StudyDell ad Google Case Study
Dell ad Google Case Study
 
Business Case Development - How and Why
Business Case Development - How and WhyBusiness Case Development - How and Why
Business Case Development - How and Why
 
Presenting Your (Business) Case
Presenting Your (Business) CasePresenting Your (Business) Case
Presenting Your (Business) Case
 
How to answer case studies in marketing
How to answer case studies in marketingHow to answer case studies in marketing
How to answer case studies in marketing
 
37. Business Case Template
37. Business Case  Template37. Business Case  Template
37. Business Case Template
 
Case Study Presentation
Case Study PresentationCase Study Presentation
Case Study Presentation
 
MBA case study presentation template
MBA case study presentation templateMBA case study presentation template
MBA case study presentation template
 
Heineken Case Study business Analysis
Heineken Case Study business AnalysisHeineken Case Study business Analysis
Heineken Case Study business Analysis
 

Ähnlich wie Better business cases overview presentation - 5 Case Model

Better business cases overview presentation and notes
Better business cases overview presentation and notesBetter business cases overview presentation and notes
Better business cases overview presentation and notesMartyn Kinch
 
Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...
Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...
Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...Association for Project Management
 
Project portfolio management - webinar
Project portfolio management - webinarProject portfolio management - webinar
Project portfolio management - webinarAli Zeeshan
 
Webinar: Project portfolio management - slides
Webinar: Project portfolio management - slidesWebinar: Project portfolio management - slides
Webinar: Project portfolio management - slidesAli Zeeshan
 
Building Out Business Process Capabilities With Business Process Centers of E...
Building Out Business Process Capabilities With Business Process Centers of E...Building Out Business Process Capabilities With Business Process Centers of E...
Building Out Business Process Capabilities With Business Process Centers of E...Centric Consulting
 
The Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) SustainabilityThe Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) SustainabilityApttus
 
The power of being understood by Mike Ward - Shaping your portfolio to realis...
The power of being understood by Mike Ward - Shaping your portfolio to realis...The power of being understood by Mike Ward - Shaping your portfolio to realis...
The power of being understood by Mike Ward - Shaping your portfolio to realis...Association for Project Management
 
Creating unexpected value through outcome based procurement webinar, 4 May 2017
Creating unexpected value through outcome based procurement webinar, 4 May 2017Creating unexpected value through outcome based procurement webinar, 4 May 2017
Creating unexpected value through outcome based procurement webinar, 4 May 2017Association for Project Management
 
Healthcare Project Prioritization 102708
Healthcare Project Prioritization 102708Healthcare Project Prioritization 102708
Healthcare Project Prioritization 102708Carolyn Reid
 
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptxKamran181656
 
FLP BPO educational viewpoint 2014
FLP BPO educational viewpoint 2014FLP BPO educational viewpoint 2014
FLP BPO educational viewpoint 2014CBRE
 
Operations strategy & competitiveness
Operations strategy & competitivenessOperations strategy & competitiveness
Operations strategy & competitivenessGopinath Guru
 

Ähnlich wie Better business cases overview presentation - 5 Case Model (20)

Better business cases overview presentation and notes
Better business cases overview presentation and notesBetter business cases overview presentation and notes
Better business cases overview presentation and notes
 
Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...
Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...
Business Case Pratictioners Forum: Business case - an overview, Stefan Sanche...
 
Project portfolio management - webinar
Project portfolio management - webinarProject portfolio management - webinar
Project portfolio management - webinar
 
Webinar: Project portfolio management - slides
Webinar: Project portfolio management - slidesWebinar: Project portfolio management - slides
Webinar: Project portfolio management - slides
 
Building Out Business Process Capabilities With Business Process Centers of E...
Building Out Business Process Capabilities With Business Process Centers of E...Building Out Business Process Capabilities With Business Process Centers of E...
Building Out Business Process Capabilities With Business Process Centers of E...
 
Business Case Essentials Final
Business Case Essentials FinalBusiness Case Essentials Final
Business Case Essentials Final
 
APM Presents - Benefits Management
APM Presents - Benefits ManagementAPM Presents - Benefits Management
APM Presents - Benefits Management
 
IT CMF Patterns
IT CMF Patterns  IT CMF Patterns
IT CMF Patterns
 
Building better business cases - Nick Wensley
Building better business cases - Nick WensleyBuilding better business cases - Nick Wensley
Building better business cases - Nick Wensley
 
Client cases by industry
Client cases by industryClient cases by industry
Client cases by industry
 
The Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) SustainabilityThe Path to Configure Price Quote (CPQ) Sustainability
The Path to Configure Price Quote (CPQ) Sustainability
 
The power of being understood by Mike Ward - Shaping your portfolio to realis...
The power of being understood by Mike Ward - Shaping your portfolio to realis...The power of being understood by Mike Ward - Shaping your portfolio to realis...
The power of being understood by Mike Ward - Shaping your portfolio to realis...
 
fkiQuality overview 2014 09
fkiQuality overview 2014 09fkiQuality overview 2014 09
fkiQuality overview 2014 09
 
Creating unexpected value through outcome based procurement webinar, 4 May 2017
Creating unexpected value through outcome based procurement webinar, 4 May 2017Creating unexpected value through outcome based procurement webinar, 4 May 2017
Creating unexpected value through outcome based procurement webinar, 4 May 2017
 
Healthcare Project Prioritization 102708
Healthcare Project Prioritization 102708Healthcare Project Prioritization 102708
Healthcare Project Prioritization 102708
 
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx
8. Mergers and Acquisitions Toolkit - Overview and Approach.pptx
 
FLP BPO educational viewpoint 2014
FLP BPO educational viewpoint 2014FLP BPO educational viewpoint 2014
FLP BPO educational viewpoint 2014
 
IPDC Training - Cost Reduction Program
IPDC Training - Cost Reduction ProgramIPDC Training - Cost Reduction Program
IPDC Training - Cost Reduction Program
 
Operations strategy & competitiveness
Operations strategy & competitivenessOperations strategy & competitiveness
Operations strategy & competitiveness
 
Better Business Cases - APMG
Better Business Cases - APMGBetter Business Cases - APMG
Better Business Cases - APMG
 

Mehr von Training Bytesize

Introduction to Agile change agent
Introduction to Agile change agentIntroduction to Agile change agent
Introduction to Agile change agentTraining Bytesize
 
AgileBA introduction and certification options
AgileBA introduction and certification optionsAgileBA introduction and certification options
AgileBA introduction and certification optionsTraining Bytesize
 
Better business cases overview
Better business cases   overview Better business cases   overview
Better business cases overview Training Bytesize
 
CP3P Public Private Partnerships Training
CP3P Public Private Partnerships TrainingCP3P Public Private Partnerships Training
CP3P Public Private Partnerships TrainingTraining Bytesize
 
A real life case study of using Agile and PRINCE2 together - AgilePM
A real life case study of using Agile and PRINCE2 together - AgilePMA real life case study of using Agile and PRINCE2 together - AgilePM
A real life case study of using Agile and PRINCE2 together - AgilePMTraining Bytesize
 

Mehr von Training Bytesize (6)

Introduction to Agile change agent
Introduction to Agile change agentIntroduction to Agile change agent
Introduction to Agile change agent
 
AgileBA introduction and certification options
AgileBA introduction and certification optionsAgileBA introduction and certification options
AgileBA introduction and certification options
 
Better business cases overview
Better business cases   overview Better business cases   overview
Better business cases overview
 
CP3P Public Private Partnerships Training
CP3P Public Private Partnerships TrainingCP3P Public Private Partnerships Training
CP3P Public Private Partnerships Training
 
Tbs presentation v3
Tbs presentation v3Tbs presentation v3
Tbs presentation v3
 
A real life case study of using Agile and PRINCE2 together - AgilePM
A real life case study of using Agile and PRINCE2 together - AgilePMA real life case study of using Agile and PRINCE2 together - AgilePM
A real life case study of using Agile and PRINCE2 together - AgilePM
 

Kürzlich hochgeladen

3.21.24 The Origins of Black Power.pptx
3.21.24  The Origins of Black Power.pptx3.21.24  The Origins of Black Power.pptx
3.21.24 The Origins of Black Power.pptxmary850239
 
How to Create a Toggle Button in Odoo 17
How to Create a Toggle Button in Odoo 17How to Create a Toggle Button in Odoo 17
How to Create a Toggle Button in Odoo 17Celine George
 
What is the Future of QuickBooks DeskTop?
What is the Future of QuickBooks DeskTop?What is the Future of QuickBooks DeskTop?
What is the Future of QuickBooks DeskTop?TechSoup
 
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptxClinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptxraviapr7
 
Department of Health Compounder Question ‍Solution 2022.pdf
Department of Health Compounder Question ‍Solution 2022.pdfDepartment of Health Compounder Question ‍Solution 2022.pdf
Department of Health Compounder Question ‍Solution 2022.pdfMohonDas
 
Ultra structure and life cycle of Plasmodium.pptx
Ultra structure and life cycle of Plasmodium.pptxUltra structure and life cycle of Plasmodium.pptx
Ultra structure and life cycle of Plasmodium.pptxDr. Asif Anas
 
3.26.24 Race, the Draft, and the Vietnam War.pptx
3.26.24 Race, the Draft, and the Vietnam War.pptx3.26.24 Race, the Draft, and the Vietnam War.pptx
3.26.24 Race, the Draft, and the Vietnam War.pptxmary850239
 
Education and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptxEducation and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptxraviapr7
 
How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17Celine George
 
Protein Structure - threading Protein modelling pptx
Protein Structure - threading Protein modelling pptxProtein Structure - threading Protein modelling pptx
Protein Structure - threading Protein modelling pptxvidhisharma994099
 
AUDIENCE THEORY -- FANDOM -- JENKINS.pptx
AUDIENCE THEORY -- FANDOM -- JENKINS.pptxAUDIENCE THEORY -- FANDOM -- JENKINS.pptx
AUDIENCE THEORY -- FANDOM -- JENKINS.pptxiammrhaywood
 
Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.EnglishCEIPdeSigeiro
 
CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...
CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...
CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...Nguyen Thanh Tu Collection
 
The basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxThe basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxheathfieldcps1
 
CapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptxCapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptxCapitolTechU
 
5 charts on South Africa as a source country for international student recrui...
5 charts on South Africa as a source country for international student recrui...5 charts on South Africa as a source country for international student recrui...
5 charts on South Africa as a source country for international student recrui...CaraSkikne1
 
How to Send Emails From Odoo 17 Using Code
How to Send Emails From Odoo 17 Using CodeHow to Send Emails From Odoo 17 Using Code
How to Send Emails From Odoo 17 Using CodeCeline George
 
How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17Celine George
 
Slides CapTechTalks Webinar March 2024 Joshua Sinai.pptx
Slides CapTechTalks Webinar March 2024 Joshua Sinai.pptxSlides CapTechTalks Webinar March 2024 Joshua Sinai.pptx
Slides CapTechTalks Webinar March 2024 Joshua Sinai.pptxCapitolTechU
 
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRADUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRATanmoy Mishra
 

Kürzlich hochgeladen (20)

3.21.24 The Origins of Black Power.pptx
3.21.24  The Origins of Black Power.pptx3.21.24  The Origins of Black Power.pptx
3.21.24 The Origins of Black Power.pptx
 
How to Create a Toggle Button in Odoo 17
How to Create a Toggle Button in Odoo 17How to Create a Toggle Button in Odoo 17
How to Create a Toggle Button in Odoo 17
 
What is the Future of QuickBooks DeskTop?
What is the Future of QuickBooks DeskTop?What is the Future of QuickBooks DeskTop?
What is the Future of QuickBooks DeskTop?
 
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptxClinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptx
 
Department of Health Compounder Question ‍Solution 2022.pdf
Department of Health Compounder Question ‍Solution 2022.pdfDepartment of Health Compounder Question ‍Solution 2022.pdf
Department of Health Compounder Question ‍Solution 2022.pdf
 
Ultra structure and life cycle of Plasmodium.pptx
Ultra structure and life cycle of Plasmodium.pptxUltra structure and life cycle of Plasmodium.pptx
Ultra structure and life cycle of Plasmodium.pptx
 
3.26.24 Race, the Draft, and the Vietnam War.pptx
3.26.24 Race, the Draft, and the Vietnam War.pptx3.26.24 Race, the Draft, and the Vietnam War.pptx
3.26.24 Race, the Draft, and the Vietnam War.pptx
 
Education and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptxEducation and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptx
 
How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17
 
Protein Structure - threading Protein modelling pptx
Protein Structure - threading Protein modelling pptxProtein Structure - threading Protein modelling pptx
Protein Structure - threading Protein modelling pptx
 
AUDIENCE THEORY -- FANDOM -- JENKINS.pptx
AUDIENCE THEORY -- FANDOM -- JENKINS.pptxAUDIENCE THEORY -- FANDOM -- JENKINS.pptx
AUDIENCE THEORY -- FANDOM -- JENKINS.pptx
 
Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.
 
CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...
CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...
CHUYÊN ĐỀ DẠY THÊM TIẾNG ANH LỚP 11 - GLOBAL SUCCESS - NĂM HỌC 2023-2024 - HK...
 
The basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxThe basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptx
 
CapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptxCapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptx
 
5 charts on South Africa as a source country for international student recrui...
5 charts on South Africa as a source country for international student recrui...5 charts on South Africa as a source country for international student recrui...
5 charts on South Africa as a source country for international student recrui...
 
How to Send Emails From Odoo 17 Using Code
How to Send Emails From Odoo 17 Using CodeHow to Send Emails From Odoo 17 Using Code
How to Send Emails From Odoo 17 Using Code
 
How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17
 
Slides CapTechTalks Webinar March 2024 Joshua Sinai.pptx
Slides CapTechTalks Webinar March 2024 Joshua Sinai.pptxSlides CapTechTalks Webinar March 2024 Joshua Sinai.pptx
Slides CapTechTalks Webinar March 2024 Joshua Sinai.pptx
 
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRADUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
 

Better business cases overview presentation - 5 Case Model

  • 1. 1 © 2014 copyright of Training ByteSize unless otherwise stated. Martyn Kinch –TrainingByte Size Ltd
  • 3. 3 © 2014 copyright of Training ByteSize unless otherwise stated. Training Bytesize Martyn Kinch martyn@trainingbytesize.com 01270 610352 07850 202444 martynjkinch
  • 4. 4 © 2014 copyright of Training ByteSize unless otherwise stated. Who Are Training Bytesize: •Project Management Translation projects •Español, français, Deutsch, Polski, العربية •Preferred PM Training suppliers to: •Top Tier Trainers and Great Customer Service •Family run business with a passion for trainingin project management •Over 350 Exams a month now taken through TBS •New Office in Australia, partners in Germany, Spain, France and Poland
  • 5. 5 © 2014 copyright of Training ByteSize unless otherwise stated. Courses Include Courses available as Classroom Blended or Online: PRINCE2 Agile Better Business Cases Managing Benefits Business Analysis Change Management (2015) APM-IC APMP APM PQ (2015) APM Risk Level 1 Green Project Management
  • 6. 6 © 2014 copyright of Training ByteSize unless otherwise stated. “Publicsectorinvestvastsumsofmoneyeachyearonneworreplacementassetssuchasbuildings,equipmentandfacilities. WithsomuchdemandforCapitalInvestmentitisessentialthatwemaketherightchoicesanddemonstratevalueformoney”
  • 7. 7 © 2014 copyright of Training ByteSize unless otherwise stated. The Five Case Model (from HM Treasury) A framework for ‘thinking’ to help answer three basic questions ‘where are we now?’, ‘where do we want to be?’ and ‘how are we going to get there?’ A step by step guide to developing a business case by: •Establishing a clear need for intervention -the case for change. •Setting clear objectives –desired outcome •Considering a wide range of potential solutions -an optimal balance of benefits, cost and risk. •Putting the arrangements in place to successfully deliver the proposal. Successful execution The process is about thinking not writing
  • 8. 8 © 2014 copyright of Training ByteSize unless otherwise stated. UK Projects “Study of government projects reveals $4billion in wasted efforts as a result of failed projects. ‘Only 30% of our projects and programs are successful’ -Joe Harley, programme and systems delivery officer at the Department for Work and Pensions.” Source :Guardian Newspaper (UK) Scope :Investigation into government waste in the UK since year 2000Date :5 Jan 2008 “© The APM Group Ltd. 2014. All rights reserved.”
  • 9. 9 © 2014 copyright of Training ByteSize unless otherwise stated. Why Better Business Cases? •In The UK: –Over 900 public Sector Organisations each procure around 30 key investments a year –Equates to around 27,000 business cases p.a. –Conservative cost of around £50,000 average cost each •Over £1.35 billion spent on Public Sector Business Cases per year •Use of BBC guidance could reduce this by 15-25% •Potential savings of between £200-£300 million per year
  • 10. 10 © 2014 copyright of Training ByteSize unless otherwise stated. The BBC Programme is currently in use in:
  • 11. 11 © 2014 copyright of Training ByteSize unless otherwise stated. Why are Business Cases important? A business case provides decision makers and the public as well as the private sector with a management tool for transparent, evidence-based decision making. Successful projects are a result of: •Realistic planning •Clear focus on end goal •Robust implementation plan •Consideration of associated risks
  • 12. 12 © 2014 copyright of Training ByteSize unless otherwise stated. Management The 5 key elements of good practice business cases The Five Case Model Financial Commercial Economic Strategic Applicable - strategic fit & business needs Appropriate –optimises public value Attractive –to supply side and feasible Affordable – within budget Achievable – can besuccessfully delivered
  • 13. 13 © 2014 copyright of Training ByteSize unless otherwise stated. Strategic Context •The spending objectives, existing arrangements and business needs. The business need is the overriding factor •The potential business scope and key requirements •The benefits, risks, constraints and dependencies •Economy –to reduce costs. •Efficiency –improving throughput and unit cost. Doing more for less. •Effectiveness –improving quality outcomes •Re-procurement •Statutory Compliance The Spending Objectives
  • 14. 14 © 2014 copyright of Training ByteSize unless otherwise stated. Great Value for £50,000! But Can We Afford it!
  • 15. 15 © 2014 copyright of Training ByteSize unless otherwise stated. Short List Long List Preferred Way Forward
  • 16. 16 © 2014 copyright of Training ByteSize unless otherwise stated. Preferred Option is best NPV Cost Benefit Analysis to decide best option to move forward In too many projects people are either too optimistic in stating the benefits the project will deliver or understate the costs and risks
  • 17. 17 © 2014 copyright of Training ByteSize unless otherwise stated.
  • 18. 18 © 2014 copyright of Training ByteSize unless otherwise stated.
  • 19. 19 © 2014 copyright of Training ByteSize unless otherwise stated. •Change Management •Benefits Realisation •Risk Management •PER & PIR
  • 20. 20 © 2014 copyright of Training ByteSize unless otherwise stated. Three Types of Business Case 1.The key purpose of Strategic Outline Case is to: –establish the strategic context for the spending proposal; –evidence the case for change; –establish the preferred way forward 2.The key purpose of the Outline Business Case is to: –revisit the SOC assumptions and main findings –establish the preferred option –put in place the arrangements for the procurement of the scheme 3. The key purpose of the Full Business Case is to: –revisit OBC assumptions and main finding; –evidence that the most economically advantageous tender (MEAT) for the scheme has been accepted; –establish that the management arrangements for successful delivery are in place.
  • 21. 21 © 2014 copyright of Training ByteSize unless otherwise stated. Three Types of Business Case 1.The key purpose of Strategic Outline Case is to: –establish the strategic context for the spending proposal; –evidence the case for change; –establish the preferred way forward 2.The key purpose of the Outline Business Case is to: –revisit the SOC assumptions and main findings –establish the preferred option –put in place the arrangements for the procurement of the scheme 3. The key purpose of the Full Business Case is to: –revisit OBC assumptions and main finding; –evidence that the most economically advantageous tender (MEAT) for the scheme has been accepted; –establish that the management arrangements for successful delivery are in place.
  • 22. 22 © 2014 copyright of Training ByteSize unless otherwise stated. 10 Key Steps
  • 23. 23 © 2014 copyright of Training ByteSize unless otherwise stated. 10 Key Steps -Continued
  • 24. 24 © 2014 copyright of Training ByteSize unless otherwise stated. Benefits For Organizations:- •Reduction in unnecessary spending and consultancy costs. •A process and guidance designed to optimize value from change initiatives. •A clear, proportionate approval process and improved, more informed decision making. •Complements existing best practice •Short courses minimize disruption to business as usual. For Individuals:- •Improved understanding of the Better Business Cases process, relevant not only to those producingbusiness cases and spending proposals, but also those reviewing. •Understanding of an established and proven methodology which can be applied at both strategic (macro) and tactical (micro) levels. •Recognized certification for a core business competency for so many in mid and senior management roles.
  • 25. 25 © 2014 copyright of Training ByteSize unless otherwise stated. Courses and Qualifications •Foundation Course and Exam –Online or Classroom course 2 days followed by optional closed book exam –Closed book, multiple choice, 50 questions –50% pass mark 40 minutes duration •Practitioner Course and Exam –Classroom course 3 days followed by an exam on day 3 –Open book exam –4 questions per paper, with 20 marks available per question –50% pass mark 2 ½ hours duration •Reviewer Course –Under development/discussion
  • 26. 26 © 2014 copyright of Training ByteSize unless otherwise stated. Conclusion Better Business Cases lead to: Better decisions, better investments & achievement of better outcomes. “If Applied with common sense and proportional effort relative to the size of the project why wouldn’t you use BBC Guidelines – Public or Private?” Treasury now insists on BBC framework on all Business Cases Outside Contracting Organisations are skilling up Contractors and Consultants will need to show the knowledge Which will lead to adoption in the Private Sector
  • 27. 27 © 2014 copyright of Training ByteSize unless otherwise stated. Any questions
  • 28. 28 © 2014 copyright of Training ByteSize unless otherwise stated.