Business Case

The Business Case template reflects the steps set out in the PRINCE2 Method and is designed to prompt the Project Manag­er and help in the creation of the Business Case.  There is also a Product Description for the Business Case at Appendix A of the PRINCE2 Manual.

Once your Business Case is complete check the document against the following Quality Criteria:

  • The reasons for the project must be consistent with the corporate or programme strategy
  • The Project Plan and Business Case must be aligned
  • The benefits should be clearly identified and justified
  • It should be clear how the benefits will be realized
  • It should be clear what will define a successful outcome
  • It should be clear what the preferred business option is, and why
  • Where external procurement is required, it should be clear what the preferred sourcing option is, and why
  • It should be clear how any necessary funding will be obtained
  • The Business Case includes non-financial, as well as financial, criteria
  • The Business Case includes operations and maintenance costs and risks, as well as project costs and risks
  • The Business Case conforms to organizational accounting standards (e.g. break-even analysis and cash-flow conventions)
  • The major risks faced by the project are explicitly stated, together with any proposed responses

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