This course has been created for project managers, project sponsors, project team members, PMO employees, project management employees and all those who are interested to evaluate the financial and intangible advantages of executing a project.
The compilation of a business case, its maintenance and continuous update is a critical and crucial activity in the lifetime of a project.
The preparation of a business case before the execution of a project is crucial for the project approval.
The success of a project is determined by the way you maintain and update the business case taking into considerations: deviations, risks, changes in the benefits, options, etc.
In this course you will see:
Why an Organization Needs a Business Case?
How Does a Business Case Work?
The Benefits Review Plan
The Foundation for Project Success
How to write a Business Case
How to write a Successful Business Case
Roles and Responsibilities for the Project Business Case
The Project Scope
How to conduct a Feasibility Study
How to create a Project Plan with MS Project
Project Business Value
Advantages of Agile in improving the Business Value
Business Value prioritization techniques
Best practices for Business Value evaluation
Financial figures to evaluate the Business Value: Cash Flow, Capital and Operational Expenditures, Net Present Value (NPV), Internal Rate of Return (IRR), Cost of Equity, Project costs
How to measure the Business Value
Project Cost Planning
Project Cost control
Project Forecasting
Earned Value and Earned Value Management
Project Budget Update
Risk Identification
Risk Analysis
Risk Planning
Risk Monitoring
Contingency plans
The risk report
Risk assessment dashboard
Everything will be then explained in details and clarified with 2 case studies, the first related to a project for the internal organization and the second for a customer.
Some special bonuses (templates for project management activities) are included and clarified in videos at the end of the course.
