Business Case Development Process

Why This Slide Is Useful

This slide is valuable for senior executives and strategy consultants involved in project evaluation and portfolio management. It highlights the structured processes used to build robust business cases, enabling better resource allocation and strategic alignment. The clear delineation between top-down and bottoms-up approaches helps leaders understand how to balance high-level strategic insights with detailed operational analysis.

For C-level audiences, this slide provides a framework to ensure all relevant factors are considered during business case development. It supports decision-making by illustrating how initial aspirations and benchmarks translate into detailed benefit evaluations and final business cases. This clarity helps mitigate risks associated with underestimating or overlooking critical benefit drivers.

Management consultants can leverage this slide to diagnose gaps in a client’s existing business case process. It offers a visual checklist to assess whether the client is effectively leveraging major benefit levers or overly reliant on one approach. This insight informs recommendations for process improvements or integration strategies.

The slide also facilitates stakeholder communication by visually summarizing complex processes. It can be used in workshops or strategic reviews to align teams on the steps necessary for comprehensive business case development. The focus on both high-level and detailed analysis supports a balanced approach to strategic planning and execution.

How This Slide Is Used

This slide is typically used during strategic planning, project prioritization, or investment decision workshops. It helps teams understand the different pathways for developing business cases, ensuring all relevant factors are considered before approval.

In consulting engagements, this visual is often employed to evaluate a client’s existing process. For example, a client may rely heavily on a top-down approach, but neglect detailed bottoms-up analysis, which could lead to overlooked risks or benefits. The slide prompts discussions on balancing these methods for more accurate assessments.

It is also used in training sessions for project managers or finance teams to standardize business case development practices. By illustrating the sequential steps and decision points, it guides teams on how to structure their evaluations systematically.

In portfolio management, the slide supports prioritization by clarifying how different projects align with strategic benefit levers. It enables decision-makers to compare proposals based on their development approach and expected outcomes, fostering more informed resource allocation.

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