Submit a business case for your project. Present a detailed explanation of why your proposed initiative is the right way to tackle the problem, and most importantly, if your project is successful, what the impact will be on the organization.

Overview

Now that you have the buy-in on your focus area and scope, your next task is to submit a business case for your project. The purpose of a business case is to provide additional information and validation for the project. It is a more detailed explanation of why your proposed initiative is the right way to tackle the problem, and most importantly, if your project is successful, what the impact will be on the organization.

Put another way, it is a justification that the resources (both human and financial) invested in the project will have a positive and meaningful impact on the performance of the organization.

Instructions

1. Begin with a summary of the problem and outline the relevant history of performance, impact on the business, and previous attempts to address the problem. Present your analysis of whyprevious efforts have not produced the desired results (noting where efforts have produced gains, if applicable) or have not been attempted and explain why your proposed approach to the problem is likely to identify the real causes of the problem and lead to a solution. In your M proposed approach, describe how you plan to engage stakeholders to ensure buy-in and support for your project and its resulting solutions.

2. Identify the resources needed to complete the project, including data to be collected and analyzed, headcount changes or personnel assigned to the project, purchase of equipment or technology, travel to customers, production facilities, or other departments/company locations.

3. Conclude with a cost/benefit analysis showing how the project will produce a positive ROI for the organization. Include projected payback calculations and explain how the investment needed to achieve the operational gains will lead to a sustainable and meaningful operational improvement.

Submission Requirements

• Your work is to be submitted in Word.

• Typed, single-spaced, professional font (size 10 – 12) with one-inch margins on all sides. Total length should be 4 pages plus appendices and references, as needed.

• Include a cover page containing the title of the assignment, your name, your professor’s name, and the course title and date.

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