A business case is part of a project's mandate, produced before a project is initiated. Although it may be crafted by many people, the business case is owned by the executive sponsor. The business case addresses, at a high level, the business need that the project seeks to meet. It inc...
Provides justification for decision-making.A business case justifies carrying out a project or effort. It summarizes the advantages and forecasts costs and risks associated with various selections. This helps the decision-makers determine the feasibility and potential worth of the proposed strategy. For ...
Project definition takes up the bulk of a business case. It outlines why a project is necessary—its objectives, risks, benefits, and key stakeholders—and provides a project blueprint. In other words, it provides more information on the project’s what, why, who, and how. A solid business...
Business case definition: a briefcase or attaché case.. See examples of BUSINESS CASE used in a sentence.
Let’s start with a clear explanation of a business case analysis. What Is a Case Analysis? A case analysis is a decision-making tool for achieving a higher efficiency level. This instrument helps estimate all the costs, risks, and benefits. A case analysis in business investigates a business...
Learn about business case analysis (BCA) and how it aids decision-makers. Study BCA templates and examples. Identify advantages and common mistakes...
4. Actual fact; reality: We suspected the walls were hollow, and this proved to be the case. 5. A question or problem; a matter: It is simply a case of honor. 6. A situation that requires investigation, especially by a formal or official body. 7. Law a. An action or a suit ...
case for spectacles; the case of a watch; the case (capsule) of a cartridge; a case (cover) for a book. 2. A box and its contents; the quantity contained in a box; as, a case of goods; a case of instruments. 3. (Print.) A shallow tray divided into compartment...
Business Expensemeans a costto operateor promote a business, including butnot limitedtocosts offurnishings, postage,office supplies, advertising,electronic media,computer hardware,computer software, telephones,telephone charges, printing, copiers,fax machines,office equipment, vehicles, staff,employee compensa...
(2009) "Business definition and performance implications: the case of the Belgian construction sector" Construction Management and Economics, Vol.27, No.7: 639-652.Houthoofd, N. (2009). "Business definition and performance implications: the case of the Belgian construction sector." Construction ...