From Wikipedia, the free encyclopedia. A business case captures the reasoning for initiating a project or task. It is often presented in a well-structured written document, but may also come in the form of a short verbal agreement or presentation.
Likewise, people ask, why do a business case analysis?
Business case analysis BCA can be defined as a decision support and planning tool that projects the likely financial results and other business consequences of an action or investment. An effective business case gives decision makers understanding and confidence they need to take action.
What is business case document?
A business case document is a formal, written argument intended to convince a decision maker to approve some kind of action. A well-crafted business case explores all feasible approaches to a given problem and enables business owners to select the option that best serves the organization.
Who is the owner of the business case?
– The Sponsor (or in PRINCE2 the “Executive”) owns the Business Case but will often delegate its preparation. – The Project Manager or Business Analyst may physically write the Business Case. – For larger projects it is possible that suppliers, users, subject matter experts and external consultants may contribute.