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Version 2.5 (16/02/17)Full Business Case for all projects requesting LCR Combined Authority Single Investment Fund (IF) funding Project name: Access to Halstead Garden Village IF reference Number:
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How to fill out full business case for

01
Step 1: Start by defining the purpose of the business case. Clearly outline the problem or opportunity that the business case is addressing.
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Step 2: Identify the stakeholders who will be impacted by the business case. This includes individuals or groups who will benefit from the proposed solution or those who may be affected by any changes.
03
Step 3: Gather all the necessary information and data to support your case. This may include market research, financial projections, and user surveys.
04
Step 4: Develop a clear and concise executive summary that highlights the key points of the business case. This will be useful for decision-makers who may not have the time to read the entire document.
05
Step 5: Outline the proposed solution or alternatives, along with the associated costs, benefits, and risks. Use a structured approach to present the information, such as a SWOT analysis or a cost-benefit analysis.
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Step 6: Provide a timeline or implementation plan for executing the proposed solution. This should include key milestones and dependencies.
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Step 7: Create a detailed financial analysis that includes projected costs, revenues, and return on investment. This will help evaluate the financial feasibility of the business case.
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Step 8: Include any supporting documents or appendices that provide additional evidence or information. This could include testimonials, contracts, or technical specifications.
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Step 9: Review and edit the business case for clarity, consistency, and completeness. Make sure all the necessary information is included and that the document is well-structured and easy to read.
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Step 10: Present the business case to the relevant stakeholders and decision-makers. Be prepared to answer any questions or concerns they may have.
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Step 11: Continuously monitor and evaluate the success of the implemented solution. This will help determine if the business case achieved its intended objectives and if any adjustments need to be made.

Who needs full business case for?

01
Business executives who are considering investing in a new project or initiative.
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Project managers who need to develop a well-defined plan and secure buy-in from key stakeholders.
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Educational institutions that require students to develop business cases as part of their coursework or projects.
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A full business case is a comprehensive document that justifies the need for a project or initiative by outlining the benefits, costs, risks, and alternative options.
Typically, project managers or organizations initiating significant projects or funding requests are required to file a full business case.
To fill out a full business case, one needs to gather relevant data, clearly define the project's objectives, outline the expected costs and benefits, assess risks, and present alternatives before final submission.
The purpose of a full business case is to provide a structured rationale for a project, ensuring that all stakeholders understand its value and ensuring informed decision-making.
A full business case must report information such as project objectives, cost estimates, benefit forecasts, risk assessments, stakeholder analysis, and implementation plans.
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