Project Business Case

Learn how to compile and update a business case for a project

3.25 (2 reviews)
Udemy
platform
English
language
Project Management
category
instructor
31
students
8 hours
content
Sep 2021
last update
$124.99
regular price

What you will learn

How to create a project business case

How to create a project feasibility study

How to evaluate the financial advantage of executing a project

How to create all the documentation to support a business case

Description

This course has been created for project managers, project sponsors, project team members, PMO employees, project management employees and all those who are interested to evaluate the financial and intangible advantages of executing a project.

The compilation of a business case, its maintenance and continuous update is a critical and crucial activity in the lifetime of a project.

The preparation of a business case before the execution of a project is crucial for the project approval.

The success of a project is determined by the way you maintain and update the business case taking into considerations: deviations, risks, changes in the benefits, options, etc.

In this course you will see:

  • Why an Organization Needs a Business Case?

  • How Does a Business Case Work?

  • The Benefits Review Plan

  • The Foundation for Project Success

  • How to write a Business Case

  • How to write a Successful Business Case

  • Roles and Responsibilities for the Project Business Case

  • The Project Scope

  • How to conduct a Feasibility Study

  • How to create a Project Plan with MS Project

  • Project Business Value

  • Advantages of Agile in improving the Business Value

  • Business Value prioritization techniques

  • Best practices for Business Value evaluation

  • Financial figures to evaluate the Business Value: Cash Flow, Capital and Operational Expenditures, Net Present Value (NPV), Internal Rate of Return (IRR), Cost of Equity, Project costs

  • How to measure the Business Value

  • Project Cost Planning

  • Project Cost control

  • Project Forecasting

  • Earned Value and Earned Value Management

  • Project Budget Update

  • Risk Identification

  • Risk Analysis

  • Risk Planning

  • Risk Monitoring

  • Contingency plans

  • The risk report

  • Risk assessment dashboard

Everything will be then explained in details and clarified with 2 case studies, the first related to a project for the internal organization and the second for a customer.

Some special bonuses (templates for project management activities) are included and clarified in videos at the end of the course.

Screenshots

Project Business Case - Screenshot_01Project Business Case - Screenshot_02Project Business Case - Screenshot_03Project Business Case - Screenshot_04

Content

Introduction of Project Business Case

Introduction
Course Structure
Why We Do Projects?
Why an Organization Needs a Business Case?
How Does a Business Case Work?
What Does a Business Case Look Like?
Business Case Contents: The Structure
The Benefits Review Plan
The Foundation for Project Success
How to write a business case (I)
How to write a business case (II)
How to write a business case (III)
How to write a business case (IV)
The business case template
How to write a Successful Business Case
Roles and Responsibilities for the Project Business Case
The project scope (I)
The project scope (II)
The project scope (III)
The project scope (IV)
The project scope (V)
The project scope (VI)
How to conduct a Feasibility Study
How to create a project plan with MS Project

Project Business Value

Overview
Business Case forms
Project Business Value
Advantages of Agile in improving the business value
Business value prioritization techniques
Best practices for business value evaluation
Cash Flow
Capital and Operational Expenditures
Net Present Value (NPV)
How to measure the business value
Internal Rate of Return (IRR)
Cost of Equity
Project costs

Internal Project Business Case

Overview
KPI (Financial Matrix)
KPI Calculations
Assumptions (from Finance)
Current costs
Project Costs
Operational costs
Intangible benefits
Financial benefits (savings)
Details of options
Conclusions

External/Customer Project Business Case

Case study overview
The Budget Plan
Evaluate the Project Income
Evaluate the Project Cost (I)
Evaluate the Project Cost (II)
Project Plan and resource allocation (I)
Project Plan and resource allocation (II)
Project Plan and resource allocation (III)
Project Plan and resource allocation (IV)
Evaluation of the costs of human resources (I)
Evaluation of the costs of human resources (II)
Evaluation of the costs of human resources (III)
Verify the Cash Flow
Graphical Rapresentation of the Cash Flow
Project Monitoring and Control

Project cost control and business case update

Project Cost Planning
Project cost control
Project cost management
What Is Project Forecasting?
Earned Value
Earned Value Management
Forecasting the final cost and schedule results
Project Budget
Project cost control (example)
Project Budget Update
Example of earned Value Analysis
Project Cost Control and Final Forecast
Agile Project Cost Control with the Burndown Chart

Risk assessment

Introduction
Risk Identification
Risk Analysis
Risk Planning
Risk Monitoring
Contingency plans
Presentation of the typical risk report
Risk assessment dashboard (I)
Risk assessment dashboard (II)
Risk assessment dashboard (III)
Risk assessment dashboard (IV)
Risk assessment dashboard (V)
Risk assessment dashboard (VI)

Additional Content - Project Management Templates

Report template
Decision Making Document Template
Master Plans template
Project Requirement template
Project Concept template
Communication Plan template
Roles & Responsibilities template
Change Request template

Charts

Price

Project Business Case - Price chart

Rating

Project Business Case - Ratings chart

Enrollment distribution

Project Business Case - Distribution chart
4235910
udemy ID
8/11/2021
course created date
10/2/2021
course indexed date
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