Business Case

Business case is a structured proposal for business improvement that functions as a decision package. Normally it's a responsibility of the business to prepare the business case document. If there is a requirement FinSysAdvisors can assist you in creating the business case document.
Ideally defined just prior to the "go to development" decision, the case defines the product and project, including the project justification and the action or business plan.
A business case includes an analysis of business process performance and associated needs or problems, proposed alternative solutions, assumptions, constraints, and a risk-adjusted cost-benefit analysis. Normally it consists of the following major sections:

• Scope of the project
• Business Benefit
• Project Risks
• Pre-requisites and links to other projects
• Costs and Benefits
• Organisation and Responsibility
• Project Plan and Timeline
• Training
• Project Deliverables
• Post Review

At this early stage in the project life cycle the following nine factors that can make or break system implentation projects must also be taken into consideration:

1. Appropriate senior management levels of commitment to the project
2. Adequate project funding
3. A well-done set of project requirements and specifications
4. Careful development of a comprehensive project plan that incorporates sufficient time and flexibility to anticipate and deal with unforeseen
   difficulties as they arise
5. An appropriate commitment of time and attention on the part of those
   outside the IT department who have requested the project, combined with
   a willingness to see it through to the end
6. Candid, accurate reporting of the status of the project and of potential difficulties as they arise
7. A critical assessment of the risks inherent in the project, any
   potential harm associated with those risks, and the ability of the
   project team to manage those risks
8. The development of appropriate contingency plans that can be employed should the project run into problems
9. An objective assessment of the ability and willingness of the
   organization to stay the project course Bearing in mind all these
   factors and using our experince and knowledge we will do our best to
   ensure that the system implementation is success and fully meets the
   expectations of both internal and external customers.

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