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What is Better Business Cases™ Foundation & Practitioner Course?
The Better Business Cases™ Foundation & Practitioner Course is a comprehensive training designed to equip professionals with the skills and methodologies required to develop and present robust business cases. Based on the UK Treasury's Five Case Model, this course ensures learners gain a thorough understanding of structured decision-making processes, enabling them to justify investments and strategic initiatives effectively.
Learners will delve into essential topics, including the Five Case Model framework, strategic and economic case development, commercial and financial considerations, and management case preparation. The course also covers stakeholder engagement, risk assessment, and options appraisal, providing a holistic approach to creating compelling and credible business cases.
This 5-Day Better Business Cases™ Foundation & Practitioner Course by Oakwood International empowers individuals with the knowledge and confidence to design, develop, and present business cases that align with organisational objectives, ensuring efficient allocation of resources and maximised value for money. It is an indispensable course for professionals involved in project management, finance, or strategic planning in both public and private sector organisations.
Course Objectives
- Understand the principles and processes of the UK Treasury's Five Case Model
- Create structured, evidence-based business cases for informed decision-making
- Gain expertise in identifying and analysing investment options and alternatives
- Develop strategies to engage stakeholders and address their concerns effectively
- Master risk, cost, and benefit analysis to enhance business case credibility
- Gain tools to efficiently develop and implement business cases
- Align business cases with organisational strategy and objectives to maximise impact
Upon completion, learners will have the practical knowledge and tools to construct and deliver business cases that inspire confidence and facilitate successful project approvals, contributing to organisational growth and efficiency.
Course Outline
Better Business Cases™ Foundation & Practitioner Course
Module 1: Introduction
- Why Better Business Cases?
- Case for a Business Case
- Project Success or Failure?
- Putting the Right Foot Forward
- Public Sector Delivery
- What is a Project?
- What is a Programme?
- Links to Recognised Best Practice Programmes and Project Management Methodologies
- Programme or Project?
- Types of Programme
- Alignment with Strategic Planning
- Importance of the Business Case Using the Five Case Model
Module 2: Five Case Model
- Overview of the Five Case Model
- Importance of the Business Case Using the Five Case Model
- Strategic Case
- Demonstrates
- Challenges
- Contents of the Strategic Case
- Economic Case
- Demonstrates
- Challenges
- Contents of the Economic Case
- Commercial Case
- Demonstrates
- Challenges
- Contents of the Commercial Case
- Financial Case
- Demonstrates
- Challenges
- Contents of the Financial Case
- Management Case
- Demonstrates
- Challenges
- Contents of the Management Case
Module 3: Programme and Project Business Case
- Advantages of the Programme Business Case
- Advantages of the Project Business Case
- When Should a Business Case Be Developed?
- Planning for Spending Proposals
- Key Steps in Developing the Programme Business Case
- Project Business Case Development Process
Module 4: Determining the Strategic Context and Undertaking the Strategic Assessment
- Overview
- Strategic Assessment
- Related Activities
- Stages of Business Case Development
- Strategic Outline Case
- Outline the Business Case
- Full Business Case
- Development of the Business Case
- Business Justification Case
- What is Programme Assurance?
- What is Project Assurance?
- Responsibility for Producing the Business Case
Module 5: Making the Case for Change
- Agree on Strategic Context
- Determine Spending Objectives, Existing Arrangements, and Business Needs
- Generic Drivers for Spend
- Determine Potential Business Scope and Service Requirements
- Determine Benefits, Risks, Constraints, and Dependencies
- Each Spending Objective
Module 6: Exploring the Preferred Way Forward
- Agree Critical Success Factors (CSFs)
- Determine Long List Options and SWOT Analysis
- Options Framework
- Using the Options Framework
- Drafting the Long List
- Recommended Preferred Way Forward
- Complete the Strategic Outline Case
Module 7: Determining Value for Money (VFM)
- Project Level Business Case
- Revisit the Short-List
- Prepare the Economic Appraisals for Short-Listed Options
- Relevant Costs for Economic Appraisals
- Estimating Benefits for the Economic Appraisals
- Valuing Costs and Benefits
- Presenting the Economic Appraisals
- Undertake Benefits Appraisal
- Undertake Risk Appraisal
- Select the Preferred Option and Undertake a Sensitivity Analysis
- Sensitivity Analysis
- Final Selection of the Preferred Option
Module 8: Preparing for the Potential Deal
- Determine Procurement Strategy
- Determine Service Streams and Required Outputs
- Outline Potential Risk Apportionment
- Outline Potential Payment Mechanisms
- Pre-Delivery Phase
- Operational Phase
- Extension Phase
- Ascertain Contractual Issues and Accountancy Treatment
Module 9: Ascertaining Affordability and Funding Requirement
- Prepare Financial Models and Financial Appraisals
- Financial Modelling
- Impacts to Consider
- Assessing Affordability
- Closing Affordability Gaps
Module 10: Planning for Successful Delivery
- Plan Programme or Project Management
- Programme Roles
- Programme Plan
- Project Plan
- Use of Specialist Advisers
- Plan Change Management and Contract Management
- Plan Benefits Realisation
- Benefits Resister
- Plan Risk Management
- Risk Register
- Plan Programme/Project Assurance and Post Project Evaluation
Module 11: Procuring the VFM Solution
- Revisit the Case for Change
- Revisit the OBC Options
- Detail Procurement Process and Evaluation of BAFOs
Module 12: Contracting for the Deal
- Set Out the Negotiated Deal and Contractual Arrangements
- Set Out the Financial Implications of the Deal
Module 13: Ensuring Successful Delivery
- Finalise Project Management Arrangements and Plans
- Finalise Change Management Arrangements and Plans
- Finalise Benefits Realisation Arrangements and Plans
- Finalise Risk Management Arrangements and Plans
- Finalise Contract Management Arrangements and Plans
- Finalise Post Project Evaluation Arrangements and Plans
- Review the Business Case: SOC, OBC, and FBC
- Steps and Actions for Preparation of Programme and Project Business Cases
Included
Included
- No course includes are available.
Offered In This Course:
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Video Content
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eLearning Materials
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Study Resources
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Completion Certificate
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Tutor Support
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Interactive Quizzes
Individual Training
Individual Training fosters personal growth, enhances professional skills, and builds confidence.
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Corporate Training
Corporate Training improves employee skills, increases productivity, and aligns teams with company objectives.
Learning Options
Discover a range of flexible learning options designed to meet your needs. Select the format that best supports your personal growth and goals.
Online Instructor-Led Training
- Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
- Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
Build your future with Oakwood International
We empower you with the skills, knowledge, and confidence to excel in your career. Join us and take the first step towards realising your professional goals.
Frequently Asked Questions
Q. What is the objective of the Better Business Cases™ Foundation & Practitioner Course?
The
course aims to teach learners how to create compelling, well-structured business
cases that support strategic decision-making and deliver value for money.
Q. Who is the Better Business Cases™ Foundation & Practitioner Course designed for?
This
course is ideal for professionals such as project managers, business analysts,
financial analysts, and strategic planners who are involved in business case
development or evaluation.
Q. What does the Better Business Cases™ Foundation & Practitioner Course content include?
The
course covers the UK Treasury’s Five Case Model, including strategic, economic,
commercial, financial, and management considerations, alongside stakeholder
engagement and risk assessment.
Q. How will the Better Business Cases™ Foundation & Practitioner Course benefit my career?
It
enhances your ability to design and present persuasive business cases, making
you a valuable asset in roles requiring investment justification and resource
optimisation.
Q. What industries can benefit from the Better Business Cases™ Foundation & Practitioner Course?
The
course is valuable across sectors, including government, healthcare, education,
financial services, and private enterprises, where structured business case
development is critical for project approvals and strategic investments.
