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Appendix I Business Case Guidance This business case is a generic framework intended to form the basis of a bid for funding by a large tertiary hospital, or smaller hospitals where the implementation
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How to fill out business case guidance
How to fill out business case guidance:
01
Start by clearly defining the goals and objectives of your business case. This will help you stay focused and ensure that your case is compelling.
02
Identify the key stakeholders who will be impacted by your business case. This could include upper management, department heads, investors, or external partners.
03
Conduct thorough research and analysis to gather all relevant data and information. This may involve market research, financial analysis, risk assessment, and competitor analysis.
04
Structure your business case in a clear and logical manner. Start with an executive summary that provides a high-level overview of the case, followed by a detailed description of the problem or opportunity, proposed solutions, costs and benefits, and implementation plan.
05
Use clear and concise language to communicate your ideas effectively. Avoid jargon and technical terms that may confuse your audience.
06
Ensure that your business case is supported by accurate and well-presented data. Use charts, graphs, and tables to visualize your findings and make it easier for stakeholders to understand.
07
Consider potential risks and obstacles that may arise during the implementation of your business case. Develop a contingency plan to address these challenges and mitigate their impact.
08
Seek feedback from relevant stakeholders throughout the process. This will help you refine and improve your business case.
09
Communicate the benefits and potential outcomes of your business case to convince decision-makers of its value. Use persuasive techniques and real-life examples to demonstrate the positive impact it will have on the organization.
10
Regularly review and update your business case as needed. Monitor the progress of implementation and make adjustments as necessary to ensure its success.
Who needs business case guidance?
01
Business owners and entrepreneurs who are looking to start or expand their ventures.
02
Project managers who are responsible for developing and justifying project proposals to secure funding and resources.
03
Executives and board members who are tasked with making strategic decisions that will impact the organization's future.
04
Financial analysts and consultants who need to assess the feasibility and profitability of potential business ventures.
05
Investors and stakeholders who want to evaluate the viability and potential return on investment of a business opportunity.
Overall, anyone involved in decision-making processes within an organization can benefit from business case guidance to ensure that they are making informed and effective choices.
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What is business case guidance?
Business case guidance outlines the necessary steps and considerations for developing a solid business case for a project or initiative.
Who is required to file business case guidance?
Typically project managers or individuals responsible for proposing new projects are required to file business case guidance.
How to fill out business case guidance?
Business case guidance can be filled out by providing detailed information on the project background, objectives, risks, benefits, budget, and expected outcomes.
What is the purpose of business case guidance?
The purpose of business case guidance is to ensure that new projects are thoroughly evaluated and aligned with organizational goals before proceeding.
What information must be reported on business case guidance?
Information such as project description, scope, objectives, stakeholders, risks, benefits, budget estimates, and expected ROI must be reported on business case guidance.
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