Business Case course
With the ROI 4×4 Method
Develop the necessary skills to justify the value of business initiatives in projects
The Challenge
How do you calculate the value new initiatives bring to the organization?
Increasingly, companies have started to only support project proposals that can return real value to the organization. Although the cost-budgeting part is easier to calculate, determining objective value (measurable outcomes) and subjective value (emotional benefits) is a headache for project managers, analysts, stakeholders and sponsors.
Those who start projects to assess the feasibility of initiatives without adequate preparation may end up giving up easily or may produce justifications with little credibility. In addition, assessment teams may invest unnecessary effort where successful practices do not consider it necessary.
Training Summary
A course to develop business case building skills, using a collaborative working method that helps you to support business initiatives based on the value they bring to the organization
Who should attend?
For employees and managers who need to document and justify a business initiative from a company’s financial gain perspective:
- Project team members
- Sponsors
- Managers
- Analysts
- Business Process Management team members
What do participants get?
By the end of this course, you will:
- Fully master the knowledge and techniques used in building your Business Case
- Learn a practical working recipe
- Gain the ability to objectivize the emotional elements of the initiative to be evaluated
- Be able to use the calculation method as a decision-making tool from tomorrow
- Learn to use a set of templates and models needed for ROI calculation
- Improve your ability to “sell” your idea more easily
- Learn how to substantiate project financing
Trainers
Marian Stirbescu
Senior Trainer Project Management, PMP
Author of the Return on Investment: ROI 4X4 Method and the STARTER Projects method. Certified trainer with experience in project management roles, project director or sponsor, Marian brings a practical approach to the classroom and useful experience in various industries and project types.
Adina Munteanu
Senior Trainer
Senior management consultant and trainer with 10+ years of experience in delivering projects and training programs. The expertise gained in the corporate environment in the controlling, financial reporting and internal control departments is a resource in the training delivered.
Mihai Mlesnita
Certified PMP, PMI-ACP Trainer
PMP certified trainer with extensive experience in traditional and Agile project management, in Romania and globally. Mihai is a pleasant presence, attentive to the needs of the trainees willing to offer help by sharing relevant experiences.
Business Case course agenda
The topics are delivered in an interactive format, in the form of a project simulation, with common usage scenarios covering the following areas:
Introduction
- Justification of initiatives
- Business Case
- Cost Benefit Analysis
- ROI Formula
Purchasing/investment decisions
- Value Model
- Emotional vs logical decisions
- Types of needs
- Characteristics advantages benefits
4×4 ROI method
- Steps
- ROI factors
- Qualitative matrix
- Matrix of influencing factors
- Model building
- Communicating results
Other financial indicators
- PV, NPV, IRR
Practice
- Simulation on predefined scenarios
Business Case course
Company benefits
Companies are increasingly making decisions based on financial criteria. The mandatory use of a Business Case has become a practice for evaluating decisions on important business initiatives, offering the following benefits:
Sound and auditable justification
supported by relevant details
Low friction cost
when interacting with other stakeholders
Boost confidence
by using key financial indicators
Eliminate unprofitable initiatives
by objectivizing available information
Increased adoption
for new initiatives
Registration
We offer price options for individual participation and for groups.
For groups of more than 10 participants variable discount is included for courses dedicated to your organization.
PrIce per participant
1-9 participants
For individual participation or groups of up to 9 participants
price per group
10-15 participants
Fixed price for groups of 10 to 15 participants
*All prices are VAT Exclusive
Customized training
Dedicated sessions
Dedicated sessions are available for a minimum of 8 participants.
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Is this option not quite what you’re seeking? Give us a sign and we’ll help with a personalised solution.
Registration – Business Case course
Do you have a group of at least 8 colleagues interested in this topic and would you like to organise a dedicated session for your company?
Let’s get in touch! Send us an email at training@axioma-solutions.co.uk
Are you looking for something different?
If this isn’t exactly what you’re after, let us know, and we’ll develop a tailored solution for you. Access our contact information here.
Copyright information
ROI 4×4 Method is a registered trademark from Axioma Solutions.