Preparing Business Cases

Governments are demanding more effective use of resources, and delivery of desired outcomes, especially when investing in transport infrastructure and services.

Professionals, therefore, need to be able to develop and present robust and compelling business cases to secure funding for investment. Or at least be able to understand how a business case is put together

Let me ask you:

  • Does preparing a business case make you anxious and stressed?
  • Have you struggled to get a business case approved?
  • Do you want to know the key success principles in preparing an effective business case?

Here you will find some answers ...

EBCmockup

Get your free
Quick Guide & Scorecard

TBCMS-QG-cover
EBC-scorecard

Sign up for the free online mini-course
Project Foundations

PF-CourseCard3

Find out more about the online course
and register
Effective Business Cases

EBC_card.001

Read latest articles

A systematic approach to analysing complex transport challenges

Analysis means identifying and describing the specific problem(s) being faced and getting an understanding of the underlying cause and effect relationships. Avoiding Mistakes In the article: How can you avoid transport policy mistakes? I discussed the key mistakes that transport professionals experience when solving complex challenges: Problem-Solution Thinking  Forgetting key stakeholder perspectivesIll-defined problem statement Rational Approach There are … Read more

Role of strategy in solving everyday transport challenges

Let us start with defining strategy. What is strategy? A strategy is a longer term direction to achieve a particular goal.  For example, the vision for road safety is ‘No person should be killed or seriously injured on Australia’s roads’ and the strategy to achieve that includes ‘adopting the safe system approach – safe roads, safe speeds, safe … Read more

Should Your Business Case Emphasise Qualitative Assessment?

Let’s start with quantitative analysis like benefit-cost analysis (BCA) – there is a lot of experience behind this quantitative approach and is supported, mandated even, by central funding agencies, particularly Treasury departments. So, let me start with BCA. This method is only as good as the data behind the analysis, which usually depends on demand … Read more

What will be the ‘new normal’ for transport?

Much of the work of transport professionals involves delivering projects. Setting up the foundation is key to success – whether a planning project or business case or a technical or infrastructure delivery project. I’ve been thinking about what transport will look like in the ‘new’ normal – whenever and whatever that looks like. Currently, the traffic … Read more

Use DICE to beat the odds in Project Management

Successful project management use DICE factors to beat the odds. Ask four different project managers what are the critical factors of successful delivered projects and you will probably get four different answers. This is because they each would have different lessons learned from their own experience. Extensive research by the Boston Consulting Group (BCG) found … Read more

What are the key steps in managing transport outcomes?

In a constrained transport funding context, it is more and more important to be able to manage projects and programs to achieve the greatest impact and make efficient use of limited resources. This requires us to identify and manage transport outcomes, do more with less, and ensure the greatest value for money. At the whole … Read more

Seven success principles for transport business cases

Investment appraisal is about deciding the option that promises the best return, relative to the risk of failure involved. What are the success principles that help you in developing a robust business case? For a private investor considering an investment, the project option that returns the best profit, relative to the amount invested and the … Read more

How to Write an Executive Summary for your Business Case

Being asked to write an executive summary for a business case proposal may be a daunting prospect if you’ve never done it before. It is much more straightforward when you keep some simple concepts in mind as outlined below. Intended Audience Firstly, it is very important to know your audience. The intended audience for an … Read more

Ten Ways Professionals Can Influence Decisions

Today’s professional is expected to work smarter and work harder. But what does working smarter and harder means? Professional practice effects how you are perceived by your peers and management: who you are, what you’ve got to offer, how viable your ideas are, and how well you present them. It is what makes people listen … Read more