APMG International presents our popular weekly panel Q&A show. This episode is about how to build a better business case. An opportunity to have your real-life questions answered.
Host: Nick Houlton, APMG International
Question Master: Charlotte Miller, APMG International
Panellists:
Laurie Bowman, Project Portfolio Planning and Control, Synchrony Projects.
Eileen Roden, Co-Founder of the House of PMO and Co-Author of the PMO Competency Framework.
Shola Isaac, Training Consultant and Executive Director at Training Creatively.
Mart Rovers, Leadership, Coach, Consultant, Trainer and President at INTERPROM.
00:00:00 Introduction
00:02:31 Meet the panellists
00:07:15 Why do business cases increase in page numbers when it's requesting a large amount of money. It's almost like an unwritten rule.
00:12:37 What makes an excellent business case and how can a project manager improve on developing good business cases for different projects?
00:20:51 There are different types of business cases, lean, project, product, when do I use which one? How do they differ?
00:23:53 What is the difference between an "economic" and "financial" business case?
00:30:43 Is the 5 cases model/the Green Book the best documentation to refer to for a better business case?
00:36:17 Why is the development of the business case often treated as a hurdle to jump for funding approval?
00:42:34 What competencies and skills are most useful for those preparing and reviewing business cases for larger complex project
00:50:07 How do you overcome the Nike "Just Do It" mentality?
00:54:16 Closing thought
00:58:48 The next APMG International Level Up show
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Thank you for tuning into the 150th episode of Level Up.
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150. How to build a better business case
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