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PO Box 1749 Halifax, Nova Scotia B3J 3A5, Canaanite No. 10.1.2 Halifax Regional Council February 16, 2010TO:Mayor Kelly and Members of Halifax Regional CouncilSUBMITTED BY:___ Dan English, Chief Administrative
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Gather all necessary information about the project that the reserve business case is being prepared for.
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Identify potential risks and uncertainties that may impact the project.
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Businesses or organizations that are considering undertaking a new project or initiative.
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A reserve business case is a formal document that outlines the justifications, resource allocations, and expected outcomes of a proposed business initiative or project, especially in the context of securing additional funds or resources.
Individuals or organizations seeking additional funding or approval for a project that requires reserves are typically required to file a reserve business case.
To fill out a reserve business case, one should gather necessary project details, provide justification for funding, outline resources needed, and present expected outcomes and benefits in a structured format as per organizational guidelines.
The purpose of a reserve business case is to provide a detailed rationale for requesting additional resources or funding, ensuring that decision-makers understand the necessity and potential return on investment of the proposed initiative.
Information that must be reported includes project objectives, detailed budget estimates, resource requirements, timelines, risk assessments, and expected impacts or benefits.
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