Podcast
Questions and Answers
A Business Case is for
A Business Case is for
- Launching a new business
- Get approval for an idea (correct)
- Calculating finances
- Estimating the project timeline
In which section of business case are sign offs included?
In which section of business case are sign offs included?
- Problem Statement
- Executive Summary
- Administrative (correct)
- Solution
A good executive summary should contain
A good executive summary should contain
- the names of all team members who contributed to the work
- keywords like "leverage" and "synergies"
- a description of how excited you are about the idea
- a clear, simple story that explains the entire idea (correct)
"We don’t have an effective, flexible and versatile customer relationship management or CRM system. We need to upgrade our CRM efforts to improve brand recall." - is an example of?
"We don’t have an effective, flexible and versatile customer relationship management or CRM system. We need to upgrade our CRM efforts to improve brand recall." - is an example of?
"We expect to see better customer retention and incremental sales of our training courses" - is an example of
"We expect to see better customer retention and incremental sales of our training courses" - is an example of
What is the best practice to explain benefits
What is the best practice to explain benefits
If you are unsure of how much detail to include, what should you do?
If you are unsure of how much detail to include, what should you do?
To help with investment case, consult ____
To help with investment case, consult ____
Timeline in a business case should be
Timeline in a business case should be
How to assess success of idea?
How to assess success of idea?
Flashcards
What is a Business Case?
What is a Business Case?
A document that outlines the reasons for pursuing a project or making a decision, aiming to get approval for an idea.
Which section includes sign-offs?
Which section includes sign-offs?
A section in a business case that outlines the administrative details, including approvals and sign-offs.
What is a good Executive Summary?
What is a good Executive Summary?
A concise summary of the entire business case, explaining the main idea in a clear and simple way.
What is a Problem Statement?
What is a Problem Statement?
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What are Benefits?
What are Benefits?
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Best practice for explaining Benefits?
Best practice for explaining Benefits?
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What to do if unsure about detail?
What to do if unsure about detail?
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Who helps with financial aspects?
Who helps with financial aspects?
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What's a good Business Case timeline?
What's a good Business Case timeline?
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How to assess success?
How to assess success?
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