Better Business Cases Practitioner

The knowledge of Better Business Cases™ is a great asset for managers at all levels in both public and private sector. Strategic, commercial, management, economic and financial are the key elements of the Five Case Model. By the completion of the course, the delegates will gain an understanding of the principles which are fundamental to Better Business Cases including quality analysis, governance and ownership, thinking not writing and alignment with management processes. The main focus of the Practitioner course is to ensure that the delegates have attained sufficient knowledge of the theory of the Five Case Model required to produce a strong and successful business case.

Better Business Cases™ Practitioner Examination

Details of the exam as follows:

• 5 hours long
• Objective based testing
• 4 questions per paper
• 50% Pass mark
• Open book exam

Overview of Five case model

The module provides delegates with the knowledge of projects and capital expenditure. The individual five cases will be discussed in detail and explain how these five cases interact to form a cohesive whole.

• Importance of the business case
• Business cases types
• Understand Business Case process

Developing the Strategic Case

• Explain the case for change
• How to set SMART objectives
• Analyse benefits
• Determine key risks
• Optimal balance of efficiency, effectiveness and economy

Developing the Economic Case

• Options framework analysis
• Explain the ‘long list’
• Describe Benefits appraisals
• Describe Risk appraisals
• Turning the 'long list' into a 'short List' and a 'preferred option'

Developing the Commercial Case

• Explain the procurement strategy
• Apportioning risk
• Describe payment mechanisms

Developing the Financial Case

• Determining affordability
• Determining capital requirements
• Securing relevant funds
• Explain net effect on prices

Developing the Management Case

• Explain change controls
• Explain project management controls
• Explain risk management arrangements
• Explain benefit measurement arrangements
• Explain post project evaluation processes