Technology Business Case Template (Word DOCX)

BENEFITS OF DOCUMENT

1. Provides a framework for laying down a business case foundation
2. Guides the author through each section with instructions and examples
3. Includes a simple cash flow spreadsheet to help the author define Net Present Value (NPV)

DESCRIPTION

This product (Technology Business Case Template) is a 17-page Word document with a supplemental Excel document, which you can download immediately upon purchase.

A Business Case is used to describe the necessary business and financial information for a proposal to determine whether or not a project is worth the required investment, including monetary investments, resources, and time. This Business Case Template includes instructions and examples to guide the user towards properly documenting, analyzing, and recommending a business case that could be used towards solving a business need. This Business Case template shows examples for most of the sections, you will have to change the examples provided in and replace with your business case proposal information. The companies used in the examples are fictitious and should be replaced with the authors information.

This template is designed to streamline the process of creating a comprehensive technology business case. It includes detailed sections for outlining project benefits, cost savings, and financial analysis, ensuring that all critical aspects are covered. The structured format helps in presenting a clear and compelling argument for project approval.

The document provides a financial overview, including cash flow analysis, IRR, and NPV, which are essential for evaluating the potential return on investment. The included tables and examples guide users in projecting monetary returns over a five-year period, making it easier to justify the investment to stakeholders. The template's flexibility allows for customization to fit specific project needs and organizational contexts.

This tool is invaluable for executives who need to make data-driven decisions about technology investments. It ensures that all relevant financial and strategic factors are considered, reducing the risk of oversight. By using this template, you can present a well-rounded business case that aligns with corporate goals and maximizes the likelihood of project approval.

Source: Best Practices in Business Case Example, Business Case Template, Sample Business Case Word: Technology Business Case Template Word (DOCX) Document, Your Agile Project Manager