Structured Eight-Step Business Case Development Process PPT
This PPT slide, part of the 105-slide How to Develop a Business Case PowerPoint presentation, outlines a structured approach to developing a business case, emphasizing eight key steps. It begins with "Determine Approach," which focuses on defining desired outcomes and the overall structure of the business case. This foundational step sets the stage for the subsequent phases.
Next, "Develop Assumptions" is crucial for establishing the scope of the analysis. It involves predicting outcomes, simplifying complex scenarios, and clarifying any uncertainties that may arise during the process. This step ensures that the assumptions made are realistic and aligned with the organization's objectives.
Following this, "Determine Benefits" highlights the potential advantages of the proposed initiative. It includes aspects such as revenue uplift, cost reduction, and increased capital efficiency. Identifying these benefits is essential for justifying the investment.
The "Determine Costs" step assesses the financial implications of the project. Understanding costs is vital for a comprehensive evaluation of the business case.
The fifth step, "Calculate Financial Impact," involves quantifying the financial metrics, including cash flows, net present value (NPV), internal rate of return (IRR), and payback period. This quantitative analysis provides a clear picture of the project's financial viability.
"Perform Sensitivity and Risk Analysis" examines how changes in assumptions might affect outcomes. This step is critical for understanding the risks associated with the project and preparing for potential challenges.
The seventh step, "Determine Non-Financial Impact," evaluates qualitative factors through decision matrices and descriptive analyses. Non-financial considerations can significantly influence decision-making.
Finally, "Summarize Findings" consolidates all insights, offering conclusions and actionable recommendations. This structured approach ensures that stakeholders receive a comprehensive view of the business case, facilitating informed decision-making.
This slide is part of the How to Develop a Business Case PowerPoint presentation.
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