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.
- Price: $1535.00
- Duration: 2 days
- Delivery Methods: Virtual
- DIR Discount: 55.0%
Why choose TOPTALENT?
- Get assistance every step of the way from our Texas-based team, ensuring your training experience is hassle-free and aligned with your goals.
- Access an expansive range of over 3,000 training courses with a strong focus on Information Technology, Business Applications, and Leadership Development.
- Have confidence in an exceptional 95% approval rating from our students, reflecting outstanding satisfaction with our course content, program support, and overall customer service.
- Benefit from being taught by Professionally Certified Instructors with expertise in their fields and a strong commitment to making sure you learn and succeed.
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Introduction
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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
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Pre-Project Activities & the Business Analyst
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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
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The Needs Assessment Process
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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
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Determining the Required Capabilities & Defining Solution Scope
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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
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Assessing Feasibility & Proposing Solution Options
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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
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Packaging & Presenting the Business Case
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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
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Course Wrap Up
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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
Question: What if I have to reschedule my class due to conflict?
Answer: 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.
Question: How do I enroll for this class?
Answer: Please contact our team at 469-721-6100; we will gladly guide you through the online purchasing process.
Question: What happens once I purchase a class?
Answer: You will receive a receipt and an enrollment confirmation sent to the email you submitted at purchase. Your enrollment email will have instructions on how to access the class. Any additional questions our team is here to support you. Please call us at 469-721-6100.
Question: What is your late policy?
Answer: 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.
Question: What happens when I finish my class?
Answer: 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.