PRINCE2 templates - Business case

Universal Practical Simple Benefit focused Principles Implement Templates Ready apps for Jira

Business case is core project document that is must for any project because it justify why project was started. Project owner/executive is single accountable person to ensure that justification exist & is up-to-date during project lifecycle.

Project owner/executive makes project justification using Business case & this behaviuor in project implements Continued business justification PRINCE2 principle.

PRINCE2 recommends to keep separate Benefit plan & Business case because

Business case answer to question why we do project & is a forecast document that is archived post-project

while Benefit plan is an Project user(s) action document or promise from Project user(s) to measure & take extra actions to increase benefit even post-project.

Tailored content of template:

No.	Template item	Decription
1	Executive summary	Short executive description of business case goals in few sentences
2	Proposed Investment	Explanation of proposed investment why it is needed, argumentations, link to strategy & etc
3	Alternatives	Other alternatives evaluated including SWOT
4	Expected benefits	List of benefits with description
5	Benefits KPI	Benefits KPI in timescale
6	Dis-benefits	List of dis-benefits with description that will be achieved in case project delivered
7	Deadlines	Investment milestone plan
8	Finances (+ROI)	Key finance figures including ROI & other finance indicators - separate detail calculator can be attached
9	Key risks🔺	Identified essential risks with evalution & recommended mitigations
10	Expected products	List of project products described that project will deliver if investment approved
11	Critical resources	Key resources including procurement that have critical impact on investment delivery. Huge investment failure possible without these resources secured
12	Conslusions	List of consclusions that support recommended alternative
13	Decision	Decision taken by whom & when