With organisations investing significantly each year on capital investments such as buildings, equipment, and facilities, it is essential that the right choices are made and provide value for money. A good business case provides the evidence to support decision-making and assurance to all stakeholders of responsible action. Business cases are not just associated with larger projects, they are equally relevant and just as important to smaller projects or developments. Many projects commence with an optimistic business case which is poorly written, resulting in an organisation spending money that may not provide the return expected or wanted.
Better Business Cases training and certification is designed to help individuals:
Understand and apply the philosophy of the Five Case Model to business cases and other spending proposals
Understand different types of business cases, their purpose, who is responsible for them, and when they are required
Understand the development lifecycle of a business case and the relationships between the five cases
Develop effective business cases and spending proposals that appropriately scope the initiative and secure funding and management support
In this Foundation course you'll learn to work effectively with a team to develop a strong business case. Included with the course is a copy of the International Guide to Developing the Project Business Case and the International Guide to Developing the Programme Business Case.
Continuing with the Practitioner component of the course, you'll become a business case professional able to apply the Five Case Model to a real project.
This course pricing includes vouchers for the Better Business Cases™ Foundation Exam and Better Business Cases™ Practitioner Exam which can be taken via remote proctor. Practice exam papers are provided in the course, and reviewed to assist in preparation.
The Foundation exam is:
50 multiple-choice questions
Pass mark is 25 out of 50 (i.e. 50%)
Closed book – no other materials are allowed
The Practitioner exam is:
Objective testing with 4 questions worth 20 marks each, for a total of 80 marks
Pass mark is 40 out of 80 (i.e. 50%)
Open book (International Guide to Developing the Project Business Case and International Guide to Developing the Programme Business Case only)
It is highly recommended that you spend some time each evening of this course reviewing and consolidating what you’ve learned, to be well prepared for the exam.