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Journal of Business Case Studies July/August 2012Volume 8, Number 4Instructional Case: J & S Bicycle Shop Carol B. Gambit, St. Cloud State University, USA Bruce R. Gambit, St. Cloud State University,
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01
Start by gathering all relevant information about the business case, such as project details, financial data, market analysis, and stakeholder information.
02
Create a clear and concise executive summary that provides an overview of the business case, its purpose, and potential benefits.
03
Outline the problem or opportunity that the business case aims to address, providing background information and supporting data.
04
Clearly define the goals and objectives of the business case, ensuring they align with the overall strategic direction of the organization.
05
Specify the proposed solutions or alternatives to address the problem or opportunity, and evaluate each option based on their feasibility, cost, and potential impact.
06
Conduct a comprehensive risk analysis, identifying and assessing potential risks and their impacts on the proposed solutions.
07
Develop a detailed implementation plan that outlines the required resources, timeline, and responsibilities for executing the chosen solution.
08
Calculate the financial implications of implementing the business case, including projected costs, benefits, and return on investment.
09
Present the business case for review and approval by relevant stakeholders, incorporating any feedback or suggestions for improvement.
10
Regularly review and update the journal of business case as the project progresses, ensuring accurate documentation of decisions, actions, and outcomes.

Who needs journal of business case?

01
The journal of business case is useful for:
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- Business executives and top-level management who need to make informed decisions about resource allocation and project prioritization.
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- Project managers who need to document and track the progress, decisions, and outcomes of a business case.
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- Financial analysts who need to assess the financial viability and potential return on investment of a business case.
05
- Stakeholders who need a clear understanding of the rationale, objectives, and expected outcomes of a business case.
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- Auditors or regulatory bodies who require evidence of a well-documented and properly justified business case.

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