Why do we need business cases?
Huge sums of money are invested in projects, programmes and change initiatives across all sectors and industries. Business cases or spending proposals typically act as the catalyst for change and investment.
Without a carefully developed, carefully scrutinized business case or investment proposal, projects, programmes, and other major change initiatives are at risk of failure (time, scope, cost, benefits realization, etc.) if the business case fails to accurately scope the initiative.
Accordingly, it’s vital that individuals involved in the development and review of business cases and investment proposals have the skills and capabilities required for them to do so.
Building business cases skills and expertise
Better Business Cases training and certification are underpinned by The Green Book – guidance issued by HM Treasury and the Welsh Government on how to appraise policies, programmes and projects.
At the heart of the guidance is the Five Case Model, which provides the framework and tools to enable effective decision-making, when scoping and planning spending proposals, in a robust and thorough manner and can be used at strategic, programme and individual project levels.
In 2023 we celebrated 10 years since the scheme's launch and 20,000+ exams completed.
Survey results
Here is a selection of key results from our recent survey of Better Business Cases candidates:
- When asked if individuals involved in the development and scrutiny of business cases/investment proposals should consider Better Business Cases training & certification to boost their ability, 98% of respondents selected “Strongly Agree” or “Agree”.
- 96% of respondents felt the leaning/certification experience equipped them with skills and knowledge they could apply immediately.
- 97% of respondents felt the learning/training experience has enhanced their ability to develop and/or scrutinize business cases and investment proposals.
- When asked if individuals involved in the development and scrutiny of business cases/investment proposals should consider Better Business Cases training & certification to support career progression, over 90% of respondents selected “Strongly Agree” or “Agree”.
- 94% felt the learning/certification experience increased their confidence in developing and renewing business cases/investment proposals.
- When asked if government/public sector departments should consider Better Business Cases guidance, training, and certification to help ensure maximum return on investment of taxpayer funds, 97% of respondents selected “Strongly Agree” or “Agree”.