BA03 – Writing Effective Business Cases

Students learn the steps to effective business case development and support your strategic business recommendations with sound budgeting and financial back-up. The one course you need to make high-impact recommendations and receive full management support for your ideas.

This course may earn a Credly Badge.

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Price: $1535.00
Duration: 2 days
Delivery Methods: Virtual
DIR Discount: 55.0%







    For questions call: (469) 721-6100
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    1

    • Introduction

    • Module Learning Objectives
      What is Business Analysis
      Polling Question
      International Institute of Business Analysis
      BABOK Guide Components
      Project Management Institute
      Business Analysis for Practitioners- A Practice Guide
      BABOK Guide Knowledge Areas
      Benefits of Business Analysis
      Polling Question
      A Business Analyst can Influence Project Success Factors
      Challenges of Business Analysis
      Polling Question
      Purpose of a Business Case
      Exercise 1a- What Should a Business Case Include
      Define the Business Case Elements
      What to Look Out For
      Who is Involved
      Exercise 1b- Review Business Case Outline
      Module Learning Objectives

     

    2

    • Pre-Project Activities & the Business Analyst

    • Module Learning Objectives
      The Definition of a Business Analyst
      The Role of a Business Analyst
      Responsibilities of a BA
      BA Role vs. PM Role
      Business Analysis vs. Systems Analysis
      Business Analysis Competencies
      Polling Question
      Business Analyst Role and Stakeholders
      Exercise 2a- Review the Case Study
      What is a Stakeholder?
      The Importance of Stakeholders
      Stakeholder Identification
      Tips for Identifying Stakeholders
      Other Stakeholder Tips
      Stakeholder Identification/Analysis
      Exercise 2b- Identify Roles and Responsibilities
      Stakeholder Map
      Stakeholder Matrix & Onion Diagrams
      A Stakeholder Map
      Onion Diagram
      Exercise 2c- Why do we Need to Understand the Enterprise?
      Why Study the Enterprise?
      What is Enterprise Architecture?
      What is Strategy Analysis?
      About Strategy Analysis
      Purpose of Strategy Analysis
      When to Perform Strategy Analysis
      Strategic Planning
      Module Summary

     

    3

    • The Needs Assessment Process

    • Module Learning Objectives
      Business Need Defined
      Define Business Need
      The Needs Assessment Process
      Problem or Opportunity
      Exercise 3a- Problem/Opportunity Identification
      Understanding Why
      Situation Statements
      Business Need and Current State
      Determine the Stakeholders
      Polling Question
      Goals and Objectives
      Polling Question
      Exercise 3b- Give 3 Examples of Business Goals
      Define Business Need Techniques
      Exercise 3c- Identify the Business Need
      Definition of Strategy Analysis
      When Business Strategy is not Driving Project Definition
      Typical Project Profile
      The Executive Paradox
      Solution to the Paradox
      Exercise 3d- Describe 3 Outcomes You Would Expect from the Case Study
      The Four ‘Ares’
      Understand How to Create a Business Model
      Business Model Example
      Exercise 3e- Create a Business Model
      The Business Case Approach
      Financial and Strategic Measurement Tools
      Module Summary

     

    4

    • Determining the Required Capabilities & Defining Solution Scope

    • Module Learning Objectives
      Business Need and Current State
      Purpose of Analyzing the Current State
      Analyzing Current Capabilities and Process
      Capabilities Defined
      Techniques for Analyzing the Current State
      Define the Future State
      Techniques for Defining the Future State
      Assess Capability Gaps
      Stakeholders Involved when Reviewing Capability Gaps
      Discussion- Assessing New Capabilities
      Defining Solution Scope
      Determining Scope Boundary
      How to Define Solution Scope
      Defining Solution Scope
      Project Scope and Product Scope
      Scope Modeling
      Techniques Used to Define Scope
      Define Scope Boundaries
      Modeling Scope- Context Diagram
      Exercise 4a- Create a Context Diagram from the Case Study
      Communicating Solution Scope to Stakeholders
      Stakeholders Participating in Scope Activities
      Exercise 4b- Discuss Managing Expectations
      Module Summary

     

    5

    • Assessing Feasibility & Proposing Solution Options

    • Module Learning Objectives
      Financial Analysis
      Purpose of Financial Analysis
      Costs versus Benefits
      Financial Models
      Timing for Assessing Financial Benefits
      Risk
      Assessing Risks
      Risk Process
      Exercise 5a- Identifying Risks
      Risk Analysis
      Capturing and Categorizing Risks
      Risk Strategies
      Tolerance for Risk
      Determining Solution Options
      Solution Option Process
      Determining and Analyzing Solution Options
      Brainstorming
      Conducting an Outcomes Focused Brainstorming Session
      Stakeholders Involved in Determining Solution Options
      Exercise 5b- Determining Solution Options
      Feasibility Analysis
      Discussion- Ranking Solution Options
      Discussion- Recommending the Most Viable Option
      Exercise 5c- Assess the Most Viable Options
      Solution Approach Definition
      Exercise 5d- Review the Business Case Templates
      Module Summary

     

    6

    • Packaging & Presenting the Business Case

    • Module Learning Objectives
      Circumventing a Business Case
      Documenting the Business Case
      Value of the Business Case Process
      Business Case Components
      Business Case Techniques
      Build a Convincing Business Case
      Discussion- Identifying Decision Criteria
      Exercise 6a- Supporting a Go/No Go Decision
      Packaging the Business Case
      Planning Business Case Delivery
      Discussion- Planning Stakeholder Buy-in
      Information and Communication Needs in the Business Case Process
      Presenting your Business Case
      Exercise 6b- Anticipating and Responding to Challenges
      Module Summary

     

    7

    • Course Wrap Up

    • Course Summary
      Questions
      Additional Resources
      Thank You

     

     

    Learning Objectives

    By the end of this course, you will be able to:

    Understand the role of the business analyst within the business case process

    Understand the main professional associations and standards that support business analysts in the industry

    Discuss the benefits of business case creation

    Explore how to define the business need

    Describe the role of the business analyst in supporting the enterprise to determine how to optimally invest in the right project initiatives

    Explain how to identify stakeholders and the significance to the pre-project activities

    Discuss the importance of analyzing the enterprise

    Describe and explore the activities performed to assess the current business environment

    Explain how a business analyst describes a “future” state environment including how to identify gaps in enterprise capabilities

    Present and explore how to define the scope of a solution

    Describe the activities performed and techniques used to determine viable solution options

    Explore various techniques for evaluating solution options including feasibility and risk analysis

    Thoroughly understand the purpose of conducting a feasibility assessment

    Discuss and practice a number of business analysis techniques that support the business case process

    Explore the components of a business case

    Describe how the business case supports decision makers in making go/no-go decisions

    Demonstrate how to assemble the output from pre-project activities into a well-structured business case

    Present techniques for presenting business cases to top-level managers and obtaining buy-in

    Discuss methods for preparing for challenges during business case delivery

    This course is intended for intermediate business and requirements analysts who are looking to improve their business case development and presentation skills. This course is also a great fit for project managers and product owners who work closely with business analysts or who perform some form of business case work themselves.
    No prerequisites are required for this course. This course suitable for both novices and experienced people who need to develop and justify the business case. It is recommended that participants complete the BA01: Business Analysis Essentials course prior to enrolling

    Ten (10) business days’ notice is required to reschedule a class with no additional fees. Notify TOPTALENT LEARNING as soon as possible at 469-721-6100 or by written notification to info@toptalentlearning.com to avoid rescheduling penalties.

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    If a student is 15 minutes late, they risk losing their seat to a standby student. If a student is 30 minutes late or more, they will need to reschedule. A no-show fee will apply. Retakes are enrolled on a stand-by basis. The student must supply previously issued courseware. Additional fees may apply.

    You will receive a ‘Certificate of Completion’ once you complete the class. If you purchased an exam voucher for the class, a team member from TOPTALENT LEARNING will reach out to discuss your readiness for the voucher and make arrangements to send it.