Course Description

The ability to write a compelling business case is a core competency for effective leaders. A business case is a critical requirement before committing to projects, new products or other investments. It is also an argument that needs to convince the recipient to invest in this undertaking rather than others. Rigorous business case preparation reduces the risk of poorly targeted or poorly executed projects, improves strategic alignment of investments and increases the probability of achieving expected returns

This course equips participants with the necessary skills and tools to develop structured business cases. Presented techniques are field-proven and derived from successful implementation. Case exercises are adapted from real situations and projects. 

 

Who Should Attend

• Supply Chain, Finance, Marketing and Sales Executives (Managers, Directors, VPs)
• Supply Chain and Logistics Managers, Consultants, Supervisors, Planners, and Engineers
• Inventory Planners
• Procurement and Sourcing Analysts and Managers
• Transportation, Logistics, and Facility Planners, Managers, and Engineers
• Systems, Project, and Program Managers

How You Will Benefit

• Develop business cases with a clearer understanding of senior leadership and management expectations
• Target investments with reduced risk and improved strategic alignment
• Apply industry best practice steps for developing a business case that explains rationale to senior managers within organizations
• Understand the purpose and content of a business case as it applies in different contexts

What Is Covered

• Develop structured business cases for initiatives within OSM.
• Understand the business case process and how to logically address it
• Identify, develop, and evaluate alternative options and decision paths
• Develop strong, multi-dimensional and objective-driven submissions that drive consistent rates of approval and are presented in an appropriate format
• Quantify the various benefits of undertaking a project or task and interpret the appropriate financial data including costs, budgets and estimates for completion