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Capital Project Business Case Rochester Airport Technology Park 1.PROJECT SUMMARY1.1. Project name Rochester Airport Technology Park (RATP)1.2. Project hyperdevelopment of Rochester Airport Technology

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How to fill out capital project business case

01

Step 1: Start by gathering all relevant information about the capital project, including the project scope, objectives, and budget.

02

Step 2: Identify the stakeholders and their roles in the project. This includes the project sponsor, project manager, and team members.

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Step 3: Clearly define the problem or opportunity that the capital project aims to address. This should be done in a concise and compelling manner.

04

Step 4: Conduct a thorough analysis of the project's financial feasibility. This includes estimating the costs and benefits associated with the project.

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Step 5: Outline the project timeline, including key milestones and deliverables. This will help ensure that the project stays on track.

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Step 6: Develop a risk management plan, which identifies potential risks and outlines strategies to mitigate them.

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Step 7: Create a comprehensive implementation plan, detailing how the project will be executed and the resources needed.

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Step 8: Include an evaluation plan, which outlines how the success of the project will be measured and monitored.

09

Step 9: Review and finalize the business case, ensuring that it is well-written, logical, and persuasive.

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Step 10: Present the business case to key decision-makers for approval and funding.

Who needs capital project business case?

01

Any organization or business that is considering undertaking a capital project would need a capital project business case.

02

This includes project sponsors, executives, and stakeholders who need a detailed analysis of the project's feasibility, risks, and benefits.

03

The business case helps these individuals make informed decisions about whether to proceed with the capital project and allocate resources accordingly.

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What is capital project business case?

A capital project business case is a document that outlines the justification for investing in a particular project, including the expected costs, benefits, and risks.

Who is required to file capital project business case?

Typically, project managers or project sponsors are required to file a capital project business case.

How to fill out capital project business case?

To fill out a capital project business case, include information on project goals, scope, budget, timeline, risks, and expected benefits.

What is the purpose of capital project business case?

The purpose of a capital project business case is to provide decision-makers with the information they need to evaluate the feasibility and potential return on investment of a project.

What information must be reported on capital project business case?

Information that must be reported on a capital project business case includes project description, objectives, costs, benefits, risks, and evaluation criteria.

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