How To Write A Business Case Course in Singapore
How To Write A Business Case Course in Singapore
A business case is a critical document submitted to clients, stakeholders, and employers for their examination and deliberation. Its highlight is the presentation of a business problem and the several solutions in addressing it. Writing an unbeatable business case needs a set of skills, especially the ones involved in reasoning, persuasion, and solution making. This is the first step contributing to the potential success of a project and thus, must be convincing and engaging.
A business case also includes the cost and expenditures of a project and these too must be reasonably justified. In this course, the participants can explore the elements of a business case so that they can be able to incorporate it to their business cases successfully.
This How To Write A Business Case workshop is ideal for anyone who would like to gain a strong grasp and improve their How To Write A Business Case.
All Staff Within An Organisation
The ideal group size for this How To Write A Business Case course is:
Minimum: 5 Participants
Maximum: 15 Participants
The duration of this How To Write A Business Case workshop is 2 full days. Knowles Training Institute will also be able to contextualised this workshop according to different durations; 3 full days, 1 day, half day, 90 minutes and 60 minutes.
2 Full Days
9 a.m to 5 p.m
Below is the list of course benefits of our How To Write A Business Case course
• Introduces the participant to the importance of being able to skillfully write a business case worthy of deliberation
• Helps the participant to acquire the necessary skills and guidelines beneficial in writing a business case
• Trains the participant to engagingly address and articulate business problems and their solutions
• Improves the participant’s formal writing skills and persuasion conveyed in writing
• Helps decision-makers in finding a worthy project to be implemented and making an informedjudgment
• Helps the participant to write a business case that is adequate in length and will capture the attention of clients and stakeholders
Below is the list of course objectives of our How To Write A Business Case course
• Define what a business case is
• State the reasons for writing a business case
• Identify the best time to write a business case
• Enumerate the important parts and sections of a business case
• Familiarize oneself with the standard template of a business case
• Describe the data and information that should be included in a business case
• Learn how to prepare properly before writing a business case
• Learn the steps on how to write an effective business case
• Learn how to manage a business case after it was successfully approved
• Identify the difficulties commonly encountered when writing a business case
• Determine how to solve said difficulties for the business case to stay on track
• Identify the benefits of writing a promising business case
• Study the examples of business cases for future reference
• Create a summarized rationale of the business cases examples provided
Below is the list of course content of our How To Write A Business Case training course
• What is a business case?
• Why do you need to write a business case?
• When should you write a business case?
• What are the sections usually comprising a business case format?
• Examples of business case templates
• What kinds of information are usually found in a business case?
• Preparing to write a business case: Questions to ask and things to consider
• Writing a business case: Simple steps to follow for making a winning one
• Case approved: What do you do with the business case after it was accepted
• What are the challenges that could be faced while making a business case and how can you overcome them?
• What are the benefits of writing an unbeatable business case?
• Examples of a business case study
• Activity: Examine the examples of business cases provided and create a summary of their rationale.
Each participant will receive the following materials for the How To Write A Business Case course
How To Write A Business Case Learner’s Guide
How To Write A Business Case Key Takeaways Notes
How To Write A Business Case Essentials Ebook
How To Write A Business Case Course Handouts
How To Write A Business Case 30-Day Action Plan
How To Write A Business Case MindMaps Pack
How To Write A Business Case PPT Slides Used During Course
How To Write A Business Case Long-Term Memory Flashcards Pack
How To Write A Business Case E-Learning Course
How To Write A Business Case Online Video Course
How To Write A Business Case Essentials Audiobook
How To Write A Business Case Infographics Pack
Each course participant will receive a certification of training completion
There are 3 pricing options available for this How To Write A Business Case training course. Course participants not in Singapore may choose to sign up for our online How To Write A Business Case training course.
Contact us for the latest How To Write A Business Case course schedules:
Phone: +65 6817 2530
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Post Training Support: A vast majority of training does not have any effect beyond 120 days. To work, training has to have a strong pre- and post-training component. Post-training reinforcement helps individuals to recall the understanding and ask questions.
Blended Learning: Learning does not occur in the classroom. Virtually everybody prefers distinct ways of learning. Successful learning should have a multi-channel, multi-modal strategy.
We Understand The Industry: We’ve got a profound comprehension of the business, business design, challenges, strategy and the that our participants are in and have designed the courseware to cater to their professional needs.
Course Content: Knowles Training Institute’s material is relevant, of high quality and provide specific learning results. Participants will leave the training course feeling as they have gained a strong understanding and will also be in a position to execute what they have learned sensibly.
Course Development — The workshop modules follow a systematic and logical arrangement. This structure helps to ensure that the course material allows the facilitators to deliver the course in a logical arrangement. Consider the subjects as building bricks into learning, our facilitators slowly build towards a comprehensive picture of this entire topic.
Sections that are usually necessary in a business case are:
- Executive Summary – To summarise the business case, which includes a recommendation.
- Description of the problem.
- Discussion of Possible Options.
- Details of the chosen Option.
Business case examples include an executive summary, financial information, analysis, and risks. In some cases, use a longer text to present the business case.
How to Write a Business Justification
- Call Out the Problem You Solve. The most flourishing businesses solve a critical problem for customers.
- List the Alternatives.
- List the Positive Possible Outcomes.
- Weigh the Risks.
- Assess Scope and Impact.
A business case helps stakeholders understand what is required to do, how the plan will benefit the organisation, and if that plan is possible. A business case template gives a construction for researching and giving a clear and comprehensive document.
The Project Manager or Business Analyst usually writes the Business Case. – For larger projects, suppliers, subject matter experts, external consultants, and users would contribute.
Remember these pointers when making a business case:
- The document is kept concise and tells only the main points.
- Make it interesting, clear and succinct
- Omit conjecture and minimise jargon
- Catch the spirit of the future
- Showcase the value and benefits the project brings to the business
A business justification is a reason for a proposed business venture or expense. Usually, in written form, the document is frequently included in business plans made as part of a loan application.
Use justification in a sentence. The definition of justification is something that shows, demonstrates or supports. An example of justification is an employer producing evidence to support why they fired an employee.
Here are the steps for building a business case:
- Confirm the opportunity. Explain the situation and the business opportunity that the project will impact.
- Analyse and refine selected options.
- Evaluate the options.
- Implementation strategy.
A good business case will solve the problem, recognise all the possible options to address it, and assist decision-makers to determine which course of action will be best for the organisation. It will permit some changes to the scope or time-scale of the project to be assessed against the original purpose.
‘Business justification’ is the beginning of the ‘Strategic definition’ stage. It entails making crucial decisions about whether and how to proceed with the proposed project.
A business case often gives decision-makers, stakeholders and the interested public with an administrative tool for evidence-based and transparent decision making. It is a business case that displays the risks, opportunities and threats involved putting them in the perspective of the investment involved therein.
A Business Case Analysis (BCA) gives a best-value analysis that reflects not only cost, but as well as other quantifiable and non-quantifiable factors influencing an investment decision. Use a BCA in the initial decision to invest in a project. It aids the decision to select the right approach among alternative approaches.
There are three components of an Effective Business Case Study
- The Problem. One of the most persuasive attractiveness of business case studies is that they address real-life problems.
- Solution Options. This section of a business case study usually explains the justification for making the product or delivering this service.
- The Results.
How to Write a One-Page Business Plan
- Summary. Write one or two sentences.
- Market Analysis.
- Competitive Analysis.
- Products and Services.
- Marketing and Sales.
Sections that are customarily in a business case are:
- Executive Summary. The executive summary compiles the business case, including the recommendation.
- Statement of the problem.
- Discussion of possible options.
- Details of the chosen option.
Preparing the Case:
- Read and Examine the Case Thoroughly. Take notes, highlight relevant facts, underline fundamental problems.
- Focus the Analysis. Identify two to five critical problems.
- Uncover Possible Solutions/Changes Needed. Review discussions, outside research, and experience.
- Select the Best Solution.
Business case analysis is a tool to evaluate potential business decisions. The corporate world often uses this tool, where project managers and other front-line employees need to demonstrate to company stakeholders the rationale for undertaking a business decision and gain their approval.
Regular business plans employ a blend of these nine sections.
- Executive summary. Briefly tell the reader what the company is and why it will be successful.
- Funding request.
- Financial projections.
- Company description.
- Market analysis.
- Organisation and management.
- Service or product line.
- Marketing and sales.
Five key elements Of A Good Business Plan
- Executive Summary. This summary describes the first impression that the user will get from your plan.
- Business Overview. This section is a summary of the industry where your business fits in.
- Sales & Marketing Strategy.
- Operations & Management.
- Financial Information.