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 ...
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Effective Business Cases
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Getting a decision is the culmination of the long process of preparing a business case But it isn’t just about giving the decision-maker what they want but requires that you accurately read what they need and value, their interests and priorities and then make sure you present your report so that it addresses these critical … Read more
Most business case fall short when generating a long list of options. Let us consider this issue from three perspectives. Firstly clarify the problem or opportunity. Business Cases are often constrained by what I call ‘in the box’ thinking. The constraints include funding availability, political and community expectations, published strategies or plans, or constrained by … Read more
A cohort based course is an online course where a group (cohort) of students learn at the same time, usually over a fixed period, with a mix of online materials (watch videos, read text etc), live classes with an instructor and peer group collaboration and projects. What have been the phases of online learning? The … Read more
Successfully completing a business case requires establishing a robust baseline – there are three elements to consider: the base case assumptions underlying the demand forecasts treatment of risk and uncertainty The Base Case Project evaluations compare the costs and benefits of doing something, or the project case, with not doing it, or the base case. … Read more
Execution requires behavioural change, which is one of the hardest things to generate. The greatest enemy of change is the day-to-day activities just to keep things running. The urgent but not important. Delivery involves translating planning and thinking to execution and involves two levels – ‘what’ has to be achieved and ‘how’ to achieve the … Read more
How does your project contribute to delivering the strategic outcomes, the desired results? In this short video I explain how to align your project to desired outcomes using a LogFrame or Logical Framework Analysis. In your experience: How often are projects properly aligned with desired outcomes? – post your comments
Need to solve a problem? Want to take advantage of a new opportunity? Start by building a business case. What is a business case? You may feel pressure to propose a quick solution in order to seize an opportunity or to solve a problem. But recommending an action without considering a range of alternatives is … Read more
In previous articles, I outlined the steps in addressing transport challenges: Role of strategy in solving everyday transport challenges A systematic approach to analysing complex transport challenges How to select a solution to solve transport challenges The next step is getting a decision on resourcing – a systematic approach to evaluating transport proposals and presenting … Read more
Selecting the most appropriate intervention or option to address a transport challenge is the next step after defining the problem, determining the strategy and desired outcomes and analysing the challenges. Usually, there is more than one way to address any transport challenge. Different options have unique contributions, key stakeholders, resourcing and risk profiles. A package … Read more