Better Business Cases (BBC) OverviewThe Better Business Cases (BBC) approach is a best practice model for choosing the right solutions for your business and is intended to be a business planning tool.The approach was developed collectively by the New Zealand Treasury, HM Treasury (UK) and the Welsh Government to better support fully-informed and evidence-based decisions for Public spending. BBC does this by providing:
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The Better Business Cases approach is structured around the UK Five Case Model (see the diagram above), developed in 2001 as a consequence of a number of concerns raised about the performance of UK public sector ICT projects. The Five Case Model provides a disciplined, step by step approach that helps to ensure that each of the key aspects of a robust investment proposal is explicitly and systematically addressed as part of the business case development process. This ensures that important aspects of the analysis are less likely to be omitted or under-weighted.
- The Strategic Case demonstrates that the proposal is strategically aligned and is supported by a compelling case for change
- The Economic Case ensures that a wide range of investment options have been evaluated and that the preferred option optimises value for money
- The Commercial Case ensures that any proposed procurement is commercially attractive and viable
- The Financial Case demonstrates that the preferred solution is affordable and can be funded
- The Management Case provides assurance that processes and capabilities are in place to ensure that the preferred solution can be successfully delivered.
BBC Process
Better Business Cases is a staged and flexible process. For smaller, non-contentious investment decisions, a concise single stage business case can be used to fully inform a decision to invest in change. For more complex investment decisions, the five cases can be developed step-wise using a scalable business case development process that ensures that there are sufficient off-ramps for stakeholders to be well-engaged, as well as ensuring the development effort is fit for purpose in relation to the decisions being sought. The Better Business Cases toolkit includes a menu of alternative template tools that can be used, regardless of whether the decision being sought is for a highly contentious and large scale programme, or for a straight-forward, non-contentious, small scale and internally funded project.
Better Business Cases is internationally recognised as the good practice standard for developing business cases for investment proposals. BBC is required for all New Zealand State Sector capital spending proposals that require Cabinet ministerial approval. It is recommended by HM Treasury and the Welsh Government for the preparation of business cases and is widely used across the UK Public sector.
BBC practice is rapidly growing. In New Zealand, BBC is being adopted by a growing number of organisations, not just for capital expenditure, not just in the Public sector and not just for large scale funding proposals. BBC is a flexible, pragmatic and common sense tool for supporting business decisions in a wide range of contexts. It provides managers with a valuable tool for successfully delivering on their strategic plans, particularly in complex, dynamic or resource-constrained environments.
BBC integrates fully with good practice programme and project management and quality assurance. Project or programme delivery commences with a robust BBC business case that plans early for successful delivery of objectives.
Click on Why use BBC to find out more or select a link below
BBC practice is rapidly growing. In New Zealand, BBC is being adopted by a growing number of organisations, not just for capital expenditure, not just in the Public sector and not just for large scale funding proposals. BBC is a flexible, pragmatic and common sense tool for supporting business decisions in a wide range of contexts. It provides managers with a valuable tool for successfully delivering on their strategic plans, particularly in complex, dynamic or resource-constrained environments.
BBC integrates fully with good practice programme and project management and quality assurance. Project or programme delivery commences with a robust BBC business case that plans early for successful delivery of objectives.
Click on Why use BBC to find out more or select a link below
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Why Use BBCWe are in a unique position to do this. Lewis wrote the Treasury guidance and has a unique understanding of NZTA. Click here for more details on application in Aotearoa/New Zealand...
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Acknowledgements
Project Results is an Agile PM™, Better Business Cases™, Change Management, Managing Benefits, MSP®, and PRINCE2® Accredited Training Organisation (ATO). MoP®, M_o_R®, P3O® and PRINCE2 Agile™ training is provided by Inspiring Projects accredited by PEOPLECERT. Our courseware is developed by Inspiring Projects a division of Aspire Australasia Pty Ltd who is also an ATO for all of these products and MoV®. This accreditation has been given by APMG and PEOPLECERT, who along with accrediting ATOs, provides and moderates exams and accredits our trainers. With this level of accreditation and monitoring you can be confident of a quality course and an internationally recognised qualification. The APMG-International Better Business Cases is a trade mark of Her Majesty's Treasury. Agile PM™and Change Management, is a trade mark of The APM Group Limited. The Agile PM™, Change Management and Managing Benefits Swirl Device logo is a trade mark of The APM Group Limited . MoP®, M_o_R®, MSP®, P3O®, PRINCE2® and PRINCE2 Agile™ and the AXELOS Swirl Device logo are registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Project Results is an Agile PM™, Better Business Cases™, Change Management, Managing Benefits, MSP®, and PRINCE2® Accredited Training Organisation (ATO). MoP®, M_o_R®, P3O® and PRINCE2 Agile™ training is provided by Inspiring Projects accredited by PEOPLECERT. Our courseware is developed by Inspiring Projects a division of Aspire Australasia Pty Ltd who is also an ATO for all of these products and MoV®. This accreditation has been given by APMG and PEOPLECERT, who along with accrediting ATOs, provides and moderates exams and accredits our trainers. With this level of accreditation and monitoring you can be confident of a quality course and an internationally recognised qualification. The APMG-International Better Business Cases is a trade mark of Her Majesty's Treasury. Agile PM™and Change Management, is a trade mark of The APM Group Limited. The Agile PM™, Change Management and Managing Benefits Swirl Device logo is a trade mark of The APM Group Limited . MoP®, M_o_R®, MSP®, P3O®, PRINCE2® and PRINCE2 Agile™ and the AXELOS Swirl Device logo are registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.