A common problem for many information and records management departments is the difficulty of obtaining funds for IM activities and initiatives. This is often because the impact of IM activities and initiatives on the organisation’s business processes is often greatly underestimated by the Business itself.
A sound business case that clearly illustrates the benefits and risks of an IM initiative, incorporating strong justifications and supported by accurate costs and measures, will convince decision-makers that the request for funding is justified and valid. It will help you to sell the subject of the Business Case and help to prioritise it in the minds of the decision makers. Remember your business case is often one of many that the decision makers will be assessing and you want them to have a good business reason to accept yours over others.
In addition, the business case will demonstrate that through alliances and relationships with ICT and the Business a successful outcome will be achieved.
This workshop will explore the essential components of developing a successful business case, with a practical ‘hands-on’ approach that can be applied by participants in the workplace. This full day interactive workshop is targeted at public sector staff that are endeavouring to deliver effective information management solutions in a tight fiscal environment.
In most cases, funding requests for Information Management or ICT programs or projects must be accompanied by a fully-costed business case that clearly demonstrates the rationale or justification for the initiative.
Developing a convincing Business Case can be problematic, but if you follow some standard processes and if you know how to calculate accurate and realistic costs to support your business case this whole process becomes much more straightforward and more likely to succeed.
An ability to demonstrate a return on investment in financial terms which clearly articulates the costs, benefits, and risks to the decision makers enabling them to better determine how to proceed is fundamental to writing a successful business case.
A solid business case will not only clarify why the initiative is important but will also be used throughout the project as the baseline document for keeping the project on track.
In the course you will get concrete guidance on developing a Business Case which will address the following areas, how to:
Please email us at firstname.lastname@example.org if you would like to register your interest in this course or would like further information about this course.