Why use Better Business Cases?
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Because projects frequently fail to deliver expected benefits. Gartner studies suggest that 75% of projects are considered to be failures by those responsible for initiating them. Failure means that the solutions fundamentally did not do what was agreed or they missed deadlines and/or came in well over budget. More importantly, they failed to achieve the desired investment objectives and deliver expected benefits.
Using Better Business Cases as best practice and using it well potentially brings a huge number of advantages:-
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- Clearer trade-offs for resource use, helping decision-makers understand the implications of the choices they make
- Compelling evidence and robust analysis, providing greater confidence and assurance that the preferred solution is the right choice
- Improved value of spending, so that the right projects or programmes are chosen that optimise the return on the investment
- More efficient business case development, resulting in less rework, fewer delays and “off-ramping” if further development of the proposal is not justified
- Systematic development, ensuring the business case development does not advance too quickly to solutions or misses out key aspects of the analysis
- Everyone knows the process, so that expectations are clear that proposals will be challenged, that all views are considered, that decisions are evidence-based, the analysis is robust and that consistent processes are applied
- No surprises, by ensuring stakeholders are well engaged early in the process and the risk of late or unexpected challenges is well-managed, and
- Assurance that good practice has been systematically applied, that delivery risks are well managed and expected benefits can be realised.
Want to Know More?
BBC OverviewWant an overview of how BBC works, where it comes from and how it is used? Click here for the BBC overview...
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Application in NZWe 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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Not Just FormulaAll of our trainers have decades of hands on delivery experience. No question is too difficult for us. Click here to learn how we can give you that hands on knowledge...
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About Project ResultsWhy is Project Results such a great organisation get training from. Click here for details...
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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.