Services Business Case Consulting Business Case Consulting
| Business Case Consulting |
|
Especially in these tight economic times, getting the board or CEO to sign off a Business Case is becoming harder. Boards and Executives are under extreme scrutiny to ensure that investment decisions are well justified, documented and validated. Increasingly boards are rejecting IT investment proposals as they are incomplete lacking analysis or short on quantifiable analysis of costs and benefits. The cost to generate a robust business case can be a major investment in itself of internal resources, to have the proposal rejected becomes a costly exercise. A recent client spent an internal cost of over $100k to prepare a business case only to have it rejected, a further $40k was spent to then do the job right and resubmit the business case. Typically an IT business is submitted by the CIO as the investment owner, and a business general manager/executive as the beneficial owner to the proposal. This requires good coordination, and agreement of the 'process of creating the business case'. Not surprisingly many IT Managers and business executives are not experts at putting business cases together, it's not their core skill. Creating a robust business case (that has the best chance of NOT being rejected) requires a clear approach or methodology to communicate, collect, validate, analyse and present. All too often projects are put forward without rigourous cost and benefit collection and validation, or correct financial analysis of TCO, ROI, Payback and discounted cashflow. Synergility bring together strong business knowledge and knowledge of technologies and applications, into a framework for building a business case. Our consultants understand both sides of the equation and bring a qualified accountant to condauct teh financial analysis of the costs and benefits. Our approach includes
|
