Basic business case template word

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Try Smartsheet for free, today. In This Article. One-Page Business Case Template. See how Smartsheet can help you be more effective. 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.