Purpose of developing business case
opportunity–alternatives–comparision–make the most value
business case VS business plan:
business case: what happens if we take this course of action. business plan: secure the financing and the strategy.
developing a business case is similar to solving a problemseven
Steps to a business case:
- define the opportunity
- Identify the alternatives
- Gather Data and Estimate Time Frame
- Analyze the Alternatives
- Make a Choice and Access the Risk
- Craft a Plan for Implementing Your Idea
- Communicate Your Case
