Identify the resources needed to complete the project, including data to be collected and analyzed, headcount changes or personnel assigned to the project, purchase of equipment or technology, travel to customers, production facilities.
Project Business Case
Now that you have the buy-in on your focus area and scope, your next task is to submit a business case for your project. The purpose of a business case is to provide additional information and validation for the project.
Instructions
1. Begin with a summary of the problem and outline the relevant history of performance, impact on the business, and previous attempts to address the problem. Present your analysis of why previous efforts have not produced the desired results or have not been attempted and explain why your proposed approach to the problem is likely to identify the real causes of the problem and lead to a solution.
2. Identify the resources needed to complete the project, including data to be collected and analyzed, headcount changes or personnel assigned to the project, purchase of equipment or technology, travel to customers, production facilities, or other departments/company locations.
3. Conclude with a cost/benefit analysis showing how the project will produce a positive ROI for the organization. Include projected payback calculations and explain how the investment needed to achieve the operational gains will lead to a sustainable and meaningful operational improvement.