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Better Business Cases™ Foundation and Practitioner Combined

Length 5 days
Price NZD 4850 exc GST
Inclusions Exam vouchers

Course overview

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Why study this course

» This Combined course is also available as two separate courses: Better Business Cases Foundation and Better Business Cases Practitioner.

With organisations investing significantly each year on capital investments such as buildings, equipment, and facilities, it is essential that the right choices are made and provide value for money. A good business case provides the evidence to support decision-making and assurance to all stakeholders of responsible action. Business cases are not just associated with larger projects, they are equally relevant and just as important to smaller projects or developments. Many projects commence with an optimistic business case which is poorly written, resulting in an organisation spending money that may not provide the return expected or wanted.

Better Business Cases training and certification is designed to help individuals:

Understand and apply the philosophy of the Five Case Model to business cases and other spending proposals
Understand different types of business cases, their purpose, who is responsible for them, and when they are required
Understand the development lifecycle of a business case and the relationships between the five cases
Develop effective business cases and spending proposals that appropriately scope the initiative and secure funding and management support

In this Foundation course you'll learn to work effectively with a team to develop a strong business case. Included with the course is a copy of the International Guide to Developing the Project Business Case and the International Guide to Developing the Programme Business Case.

Continuing with the Practitioner component of the course, you'll become a business case professional able to apply the Five Case Model to a real project.

Examination
This course pricing includes vouchers for the Better Business Cases Foundation Exam and Better Business Cases Practitioner Exam which can be taken via remote proctor. Practice exam papers are provided in the course, and reviewed to assist in preparation.

The Foundation exam is:

40 minutes
50 multiple-choice questions
Pass mark is 25 out of 50 (i.e. 50%)
Closed book – no other materials are allowed

The Practitioner exam is:

2.5 hours
Objective testing with 4 questions worth 20 marks each
Pass mark is 40 out of 80 (i.e. 50%)
Open book (International Guide to Developing the Project Business Case and International Guide to Developing the Programme Business Case only)

It is highly recommended that you spend some time each evening of this course reviewing and consolidating what you’ve learned, to be well prepared for the exam.

Aligns to certification

Better Business Cases™ Certification

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What you’ll learn

The philosophy and underlying rationale of the Five Case Model
The different types of business case, their purpose, who is responsible for them, and when they are required in the development of a spending proposal
The development of the business case in relation to other recognised and recommended best practice for programme and project management
The development lifecycle of a business case and the relationships between the five cases
How to apply the steps in the business case development framework, in order to support the production of a business case, using the Five Case Model, for a given scenario

APMG International at Lumify Work

APMG International is an award-winning Examination Institute. APMG accredits professional training and consulting organisations and manages certification schemes for knowledge-based workers.

Lumify Work is an Accredited Training Organisation for APMG courses and certifications.

View all APMG International courses

Who is the course for?

This course is aimed at individuals who are:

Senior Responsible Owners (SROs), Programme Directors, and other Directors with responsibility for the successful delivery of programmes and projects
Project Managers, Project Team members, and specialist advisers tasked with delivering a business case for investment
Officers involved in the scrutiny and review of investment proposals
Anyone involved with a project to prove a case for investment within the public sector

Course subjects

Introduction to Better Business Cases
Overview of the Five Case Model
Making the Case for Change
Exploring the Preferred Way Forward
Determining Potential Value for Money
Preparing for the Potential Deal
Ascertaining Affordability and Funding Requirement
Planning for Successful Delivery
Procuring the Value for Money Solution
Contracting for the Deal
Ensuring Successful Delivery
Review the Business Case Development Process
Foundation Exam Preparation

Overview of Better Business Cases
Case Study Exercise: Setting SMART Investment Objectives
Case Study Exercise: Identifying the high level benefits and risk
Case Study Exercise: Identifying the critical success factors (CSFs) and the long and short lists
Case Study Exercise: Identifying and assigning the benefits criteria
Case Study Exercise: Preparing and interpreting the economic appraisals
Case Study Exercise: Identifying and apportioning the risks and completing the risk register
Practitioner Exam Preparation

Prerequisites

None

APMG Exams

To comply with APMG International requirements, Lumify Work cannot provide APMG training courses (AgileBA®, AgilePM®, AgilePgM®, Better Business Cases™, CHAMP, CSAM, Change Management, Facilitation, and Project Planning & Control™) without the corresponding official exam.

Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.