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Better Business Cases™ Practitioner

  • Length 3 days
  • Price  NZD 2550 exc GST
  • Inclusions Exam voucher
Course overview
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Why study this course

This Practitioner course usually runs consecutively with Better Business Cases Foundation as a five-day Combined course.

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 Practitioner course, you'll become a business case professional able to apply the Five Case Model to a real project.

Note: to provide our customers with a range of options, our course dates in March 2024 and June 2024 will run over two slightly extended days instead of the usual three days.

Examination
This course pricing includes a voucher for the Better Business Cases™ Practitioner Exam which can be taken via remote proctor. A practice exam paper is provided in the course, and reviewed to assist in preparation. The exam is:

  • 2.5 hours

  • 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.

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What you’ll learn

  • The development lifecycle of a business case and the relationships between the five cases

  • How to apply the steps in the business case development framework, in order to support the production of a business case, using the Five Case Model, for a given scenario


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APMG International at Lumify Work

APMG International is an award-winning Examination Institute. APMG accredits professional training and consulting organisations and manages certification schemes for knowledge-based workers.

Lumify Work is an Accredited Training Organisation for APMG courses and certifications.


Who is the course for?

This qualification is aimed at individuals who are:

  • Senior Responsible Owners (SROs), Programme Directors, and other Directors with responsibility for the successful delivery of programmes and projects

  • Project Managers, Project Team members, and specialist advisers tasked with delivering a business case for investment

  • Officers involved in the scrutiny and review of investment proposals

  • Anyone involved with a project to prove a case for investment within the public sector


Course subjects

  • Overview of Better Business Cases

  • Making the Case for Change

  • Case Study Exercise: Setting SMART Investment Objectives

  • Case Study Exercise: Identifying the high level benefits and risk

  • Exploring the Preferred Way Forward

  • Case Study Exercise: Identifying the critical success factors (CSFs) and the long and short lists

  • Determining Potential Value for Money

  • Case Study Exercise: Identifying and assigning the benefits criteria

  • Case Study Exercise: Preparing and interpreting the economic appraisals

  • Preparing for the Potential Deal

  • Case Study Exercise: Identifying and apportioning the risks and completing the risk register

  • Ascertaining Affordability and Funding Requirement

  • Planning for Successful Delivery

  • Procuring the Value for Money Solution

  • Contracting for the Deal

  • Ensuring Successful Delivery

  • Practitioner Exam Preparation


Prerequisites

Participants must have completed Lumify Work's Better Business Cases Foundation course and successfully passed the Better Business Cases Foundation exam.


APMG Exams

Lumify Work cannot sell APMG courses (AgileBA®, AgilePM®, AgilePgM®, CHAMP, CSAM, Change Management, and Project Planning & Control™) without the corresponding official exam as per requirement from APMG International.


Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.


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Offers

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