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Building a Business Case for RFID at Dell Mark Dinning Dell, Inc. Edmund W. Schuster Research Consultant to AutoID Labs Parts of this article were originally published as \”Getting on Board\”
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01
Identify the problem or opportunity that the business case will address.
02
Gather relevant data and information to support the business case.
03
Define the objectives and goals of the proposed project or initiative.
04
Identify potential risks and challenges that may impact the success of the business case.
05
Estimate the costs and benefits associated with the proposed project.
06
Develop a timeline for implementation and outline key milestones.
07
Present the business case to key stakeholders for approval and support.

Who needs building a business case?

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Business owners and entrepreneurs looking to launch a new venture.
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Executives and managers seeking approval for a new project or initiative.
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Investors and stakeholders evaluating the feasibility of a potential investment.
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Building a business case is the process of creating a justification for a proposed project or initiative, outlining the benefits, costs, and risks involved.
Generally, project managers or business analysts are responsible for filing a business case as part of project planning and decision-making processes.
A business case should include an executive summary, project scope, objectives, financial analysis, risk assessment, and recommendations. It must be well-researched and supported by data.
The purpose of building a business case is to provide stakeholders with a clear understanding of the rationale behind a proposed project, and to help in decision-making related to allocating resources.
Key information to be reported in a business case includes project background, objectives, alternatives considered, cost-benefit analysis, risks, implementation plan, and expected outcomes.
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