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How To Write A Business Case | Step by Step Guide

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  • Опубликовано: 15 авг 2024
  • How to write a business case. What goes into a business case? What are the components and structure of a business case. Understand what the components of a business case are including the benefits, costs, financial analysis, feasibility studies, risks, and more.
    Learn how to write a business case with this step by step guide. From defining the problem to presenting recommendations, we'll cover all the essentials. Perfect for anyone looking to understand the components and structure of a business case.
    #businesscases #feasibility #benefitscostsanalysis
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    About the Presenter: Edward Shehab is a certified CBAP, PMP, PgMP, PfMP, SIx Sigma Green Belt and PMOC. He has been training project management and business analysis professionals in USA and Middle East for over 20 years. He holds a Master of Science degree in Managing Programs and Projects from Boston, MA. He is very active in the project training and consulting domain and has contributed to PMI's Standard for Program Management 4th Ed, and also the Practice Standard for Scheduling.
    Relevant URLs:
    Edward's company: www.BostonMC.com
    Edward's contact: ed@bostonmc.com
    HOW TO WRITE A BUSINESS CASE Video Chapters:
    0:23 What is a Business Case
    1:00 Components and Contents of a Business Case
    2:25 Cost Benefit Analysis
    4:38 Market Analysis

Комментарии • 98

  • @ProjectManagementVideos
    @ProjectManagementVideos  4 года назад +4

    Welcome to Project Management Videos ♛
    ★ Please Support This Channel By Subscribing And Activating the Bell ♥
    ★ Thank you for watching ★! Please like and share if you enjoy ♺.

  • @erhansyahyusuf2439
    @erhansyahyusuf2439 4 года назад +3

    Thank you for very clear and systematic process of highlighting core components of a business case

  • @swaraj44
    @swaraj44 3 года назад +5

    Thank you so much for covering every aspect in detail Sir. I wish I could alone give 100 likes to this underrated video.

  • @bnshivakumar
    @bnshivakumar 3 года назад +3

    Beautifully explained in a very simple manner. I could recall all the work done in my employment time.

    • @ProjectManagementVideos
      @ProjectManagementVideos  3 года назад

      Glad to hear that. Thank you for watching! Any other videos you think I should consider?

    • @bnshivakumar
      @bnshivakumar 3 года назад

      @@ProjectManagementVideos
      Thanks for your response. Please detail the Project Cost estimation in the similar lines for a Process Industry starting from Land & Building to commissioning & handover. Hope it suits you.

  • @poojaramesh8757
    @poojaramesh8757 4 года назад +2

    The best explanation i found in youtube. Thank you so much

  • @Celebstv-j8y
    @Celebstv-j8y Год назад +2

    This video is simple to understand. I will watch all your videos sir. Thank you so much for teaching in an extraordinary way❤. And this video should have more views for this amazing explanation.
    Sir, Please do a video on “How to write a perfect executive summary”

  • @HusseinAD85
    @HusseinAD85 12 дней назад

    Great!

  • @haythamwagih6525
    @haythamwagih6525 3 года назад +1

    Great Presentation, simple , easy & professional way, thanks & appreciate your efforts.

    • @ProjectManagementVideos
      @ProjectManagementVideos  3 года назад

      You are most welcome! Thank you for watching and hope to keep you visiting for other content.

  • @geoffroylibertiaux3031
    @geoffroylibertiaux3031 5 лет назад +4

    Thank you, again a really helpful video that provides detailed and comprehensive information on how to write a business case!

  • @gsiyoum
    @gsiyoum 10 месяцев назад +1

    Thanks for having great explanation from great lecture

  • @kejiokanlawon8583
    @kejiokanlawon8583 Год назад

    Thoroughly enjoyed this. Thank you Edward!

  • @chrisblackmore6583
    @chrisblackmore6583 8 месяцев назад

    Thank you so much! You've helped me understand what I need to do at work!

  • @crnel179
    @crnel179 4 года назад +2

    Best explaination so far, thx.

  • @mariapaulafory8635
    @mariapaulafory8635 11 месяцев назад

    This was extremely useful and well explained. Thank you!

  • @danielpayne731
    @danielpayne731 4 года назад

    Thank you, you've helped on old bloke to learn something new... Cheers!

    • @ProjectManagementVideos
      @ProjectManagementVideos  4 года назад +1

      You are quite welcome. It brings me great pleasure to know I was able to help others.

  • @RazaSid
    @RazaSid 2 года назад

    Great summary of a very important topic with lots of ideas to explore!

  • @matthewbennet3015
    @matthewbennet3015 2 года назад

    Excellent summary and information, thanks!

  • @industrialautomationkotttu8841
    @industrialautomationkotttu8841 3 года назад

    one of the best video ever seen... covered every aspects beautifully

  • @kakashi08100
    @kakashi08100 4 месяца назад

    Thank you so much, it was very helpful and clear.

  • @2009teachered
    @2009teachered 2 года назад

    Really liked this video. Very clear explanations.

  • @cooldeva008
    @cooldeva008 2 месяца назад

    Fantastic

  • @ahmedgamingzaki732
    @ahmedgamingzaki732 5 лет назад +1

    Many thanks for a valuable information

  • @Gregrum1981
    @Gregrum1981 4 года назад +1

    Great video. Many Thanks

    • @ProjectManagementVideos
      @ProjectManagementVideos  3 года назад

      You are welcome! Thank you for the kind words! Hope you have been visiting and watching the new videos...

  • @lolaxonibrohimova6336
    @lolaxonibrohimova6336 Год назад

    So brief yet informative❤

  • @FuzzyDPozzy
    @FuzzyDPozzy 8 месяцев назад

    I would like to see an example of business case.
    I never wrote one in my life or in the college and my assignment is to write about an automotive industry.

  • @titilayoadams7424
    @titilayoadams7424 4 года назад

    Good stuff, well analyzed in simple terms. Well done.

  • @cheeycherry1447
    @cheeycherry1447 Год назад

    Thank you so much this was helpful.

  • @joshuavanlier817
    @joshuavanlier817 6 месяцев назад

    Good video man! great video for college

  • @chaoticdays
    @chaoticdays 11 месяцев назад +1

    Very useful

  • @patriciaokrah2314
    @patriciaokrah2314 3 года назад

    Thank you, very educating

  • @user-bn5ze5vb1z
    @user-bn5ze5vb1z Год назад

    This was excellent! Thank you for this brief but comprehensive overview.

  • @Khorshid2017
    @Khorshid2017 3 года назад

    best explanation ever !!!

  • @jaisjose555
    @jaisjose555 11 месяцев назад

    Good one

  • @sawa7__684
    @sawa7__684 Год назад

    thanks

  • @deepk82
    @deepk82 3 года назад

    Yes, you were indeed helpful! Amazing! Can you present a business case using a practical example?

    • @ProjectManagementVideos
      @ProjectManagementVideos  3 года назад +2

      Thank you for the feedback. I will add this to my list. Thanks for watching!

  • @saadeid4920
    @saadeid4920 2 года назад +1

    amazing

  • @issarukayat5992
    @issarukayat5992 4 года назад

    This is wonderful and so helpful. Is it possible you flesh out a lot of this required factors. Thank you

    • @ProjectManagementVideos
      @ProjectManagementVideos  4 года назад +1

      Hi Issa...thank u for the feedback. Not sure what u mean by “flesh out”??

    • @issarukayat5992
      @issarukayat5992 4 года назад

      I meant is it possible you explain each highlight in another video.

    • @ProjectManagementVideos
      @ProjectManagementVideos  4 года назад +1

      Sure. Will add to my list and do so on first opportunity Thank you for the feedback!

  • @TonyAdigwe
    @TonyAdigwe 2 года назад +1

    Love it

  • @mohammedbabikir447
    @mohammedbabikir447 3 года назад

    Beautiful session

  • @irvinriverabadillo8808
    @irvinriverabadillo8808 4 месяца назад

    Is there any template we can use to develop it?

    • @ProjectManagementVideos
      @ProjectManagementVideos  Месяц назад

      Just search online for balanced scorecard template. I am sure you will find something.

  • @barithayashashank850
    @barithayashashank850 Год назад

    nice

  • @sirigummadi3249
    @sirigummadi3249 3 года назад

    Nice explanation..

  • @MrSarcasmo
    @MrSarcasmo 3 года назад

    If I find out that a project will be non-economically profitable where I can look for the project's social benefits ?

    • @ProjectManagementVideos
      @ProjectManagementVideos  3 года назад

      can u give me some background on the project? Most projects either generate a profit or result in cost savings due to improved efficiency. If you can't find either one, ask yourself why the organization invested in the project and why is it important to them. If it is a social benefit specifically, what advantage does it give the organization? and how much is that worth to them? What would they normally have to pay to have that social benefit. If you provide some background, I can probably help.

    • @MrSarcasmo
      @MrSarcasmo 3 года назад

      @@ProjectManagementVideos I got this question on an exam and the questions talked about the document where I can find the projects 'social benefit. I cannot remember the options. I was surprised by the question.

  • @vangieestacio3960
    @vangieestacio3960 2 года назад

    How do we know if the business case is functional or non functional

  • @pearl3727
    @pearl3727 6 месяцев назад

    Who writes a business case?a pm or a business owner

    • @ProjectManagementVideos
      @ProjectManagementVideos  5 месяцев назад

      Typically, its someone in the role of a business analyst. It could also be the business owner or manager if they know how. A very large initiative may require a consultant to do it for them. This happens to be one of my specialties :)

  • @TonyAdigwe
    @TonyAdigwe 2 года назад

    What's the difference between a Business plan and a business case?

  • @jennifermhaiki
    @jennifermhaiki Год назад

    😊

  • @thishankadamindu9389
    @thishankadamindu9389 3 года назад +1

    ✨✨✨✨✨✨✨