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Instructions for using this course.
The Business Case Development Framework
Introduction to Phase 1.
Overview of the Monarch Co.
Framework Details and 6 Tasks of Phase 1-A.
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Business-related terminology.
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A list of pages in this program.
 
 
Phase 1-A / Task 6/ Page 2
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For each benefit area, you identify the key activities that will be improved by making the investment. The benefits and key activities are documented and shared back with the Senior Leadership team for buy-in and agreement.

This list will become the Benefits Case for the investment. For each benefit area, it includes:

  • Business change parameters
  • Present level / volume of each parameter
  • Projected % improvement for each parameter
  • Projected impact on sales/costs

The Benefits Case document becomes an output for the phase.

KEY TO SUCCESS

When preparing the Benefits Case document:

  • Utilize information from workshops, interviews and site visits
  • Confirm 'future-state' with experts (e.g. individuals doing the work) and against industry best-practice benchmarks
  • Document all assumptions used in determining 'future-state' volumes/values. Develop a spreadsheet based upon these figures to feed into the final business model.

This completes the six required tasks for Phase 1-A of the Business Case Development Framework: Developing Alternatives. The next page contains the Outputs for Phase 1-A .

Click the icon to review Phase 1-A:
Objectives, Inputs, Tasks and Outputs
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