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This mind map template helps you organize and balance the key elements of a business case, including advantages, costs, and risks, to justify your project or proposal. Start by outlining the project's objectives, followed by a detailed analysis of the potential benefits, associated costs, and any risks involved.
Use the template to ensure all aspects are thoroughly considered, providing a solid foundation for decision-making. Ideal for project planning and proposals, this template helps you present a clear and persuasive business case.
Where to next?
Since you have completed the outline of your business case, you can now Print or Download it or Share it with a colleague.
Enter the business case title
Type in the project or proposed action.
Add an advantage of taking the recommended action.
For example:
Add an advantage of taking minimum action.
For example:
Add the advantage of taking no action.
For example:
How will the benefits of 'Advantage' be measured?
Is this a tangible or intangible effect?
What KPI will be used?
Add a disadvantage of taking the recommended action.
For example:
Add a disadvantage of taking the minimum action.
For example:
Add a disadvantage of taking no action.
For example:
KPI
How will the disadvantages of 'Disadvantage' be measured?
Is this a tangible or intangible effect? What KPI will be used?
Add a operating cost needed to sustain the effectiveness of the proposed project or change.
Include:
Capital costs
Add a one-time capital expenditure needed for this project.
Include:
Type in a risk of Project or Action
Controls
What steps are you taking to control 'Risk'?
How can you reduce the chances of it occurring? How can you reduce its impact if it does occur?
Add an action to be taken in order to follow the recommended route.
Identify which actions are essential and which are optional.
Add an action to take or an item that will not change.
Include:
Add an unchanged item
Identify something that will not change if no action is taken.
For example, 'Continue to use manual process' or 'Continue to tolerate losses in this segment'
What assumptions is the recommended action based upon?
What do you expect to change or continue to change? What do you expect to stay the same?
Add an organizational strategy to which this decision relates, either positively or negatively.
Strategic alignment
How does 'Project or Action' align with 'Strategy'?
Add notes about whether the proposed action supports this strategy or diverges from it.
What methods were used?
Add some information about the methods used to determine the proposed action.
Include:
Add a stakeholder
Stakeholders are people who are involved in or affected by the decision to be made here.
Include:
What was the need behind this project or proposal?
What problem does it solve, or what opportunity does it address?
What are the next steps you need to take, if approval is given?
Return on investment
Summarise how the investment will be repaid.
Summarise the key benefits that will be obtained.
Type in the proposed action in a few words
Summarise the main points of the proposed action plan.
Mention:
Type in a summary of your recommendations:
Decisions required
What decision needs to be taken? Do you need the approval to proceed to the next stage?
Audience
Add a reader by role or name for this business case. This should be someone who can directly authorize the project or proposed action.
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