Research Paper on Business Cases

Satisfactory Essays
IST 7020 Research paper on Business Cases
Wilmington University
08/11/2012

Research paper

The purpose of a business case is to outline the business rationale for undertaking the project and to define the parameters and management factors involved in the project itself. It provides the project manager with a tool to guide the design, management and evaluation of the project. A business case is a form of advice substantiating an argument for a proposal. It is an essential and useful tool for substantiating the viability of initiatives and the justification of resource Investment. It sets out: the problem or situation addressed by the proposal; the features and scope of the proposed initiative; the options considered and the rationale for choosing the solution proposed; the proposal’s conformity with existing policies and etc; the implementation plan; the expected costs; the anticipated outcomes and benefits; and finally, the expected risks associated with the proposal’s implementation.
Business cases are important because when an organization faces a major decision about a change or a proposed project, it is necessary to gather all the relevant information into a coherent business case to enable that decision to be made. For organizations, decisions involving investment in IT are important because they are likely to affect current and future activities. A business case describes the need for change and projects that will enable the change. Realizing a proposed project requires resources to be invested, including management, staff time and money. There are many competing projects within an organization but the resources are limited and some projects may not be worth the effort. Documenting the need for change and how the change will be achieved in a business case provides senior managers and trustees with information to evaluate the project and understand the impact the project will have on the organization. A strong case means that the proposal will

You May Also Find These Documents Helpful

  • Good Essays

    Business Research Paper

    • 716 Words
    • 3 Pages

    Business Research Paper What makes a business successful? This is a question that all organizations must answer in order to achieve its objectives and goals. To achieve organizational goals cooperation must come from all employees including management. In order to identify a business opportunity or a business problem research must be conducted. The purpose of this paper is to define the business research and its purpose, explain the business problem under investigation, and identify the parties…

    • 716 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Research Paper

    • 2184 Words
    • 9 Pages

    What’s Your Form of Business? Shannon E. Thomas Everest University Composition II What’s Your Form of Business? When opening a business, establishing new products or bursting into new markets, you will have choices to make. The choices you decide upon are all determined by the information you collect. The more familiar you are about the options you have, the better your choices will be when you venture into the business market. One of the best investments you can make before jumping into entrepreneurship…

    • 2184 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Business Research Paper a+

    • 2516 Words
    • 11 Pages

    Conduct Business Research: Part 3 Marina Hlavaty-Laposa, Brittany Mooney, Bradly Rogers, Kristen Keck, Terrell Lampkin RES/351 March 10, 2013 Jo Martinez Conduct Business Research: Part 3 Wal-Mart, like many companies in this economy, and are facing the management dilemma of declining sales. According to Irwin (2012), in a recent e-mail obtained by Bloomberg News, a Wal-Mart senior vice president asked, “Where are all the customers? And where’s their money?” (para.1). Irwin came up with the…

    • 2516 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Leader Research Paper Select a known business leader that you believe demonstrates strong leadership traits and write a research paper on this individual. This leader should not be someone you know personally. The research should include a profile on the business leader’s views on leadership, their development to become a leader, their leadership and motivational traits, and what the leader has done to gain a strong reputation. Cite specific examples of behaviors exhibited by this business…

    • 268 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    1. Build the management research question hierarchy for RAMADA RFS were eager to learn how to employ the right people and how to motivate those individuals. In planning, RFS wanted to include the “face-to-face employee input” with regard to hiring, training, and motivation. RFS must properly identify their dilemma and develop the management, research, investigative, and measurement questions. Based on the D. K. Shifflet survey of customer satisfaction, RFS could accurately state their management…

    • 1168 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Research Ethics Paper Susana Gutierrez RES/351 April 15, 2015 Amarjit Singh Business Research Ethics Paper The article I choose for my research is in the restaurant industry what the facts that would bring repeat customers are and how to please them to have continual growth in your business. The research also defines restaurant's into different categories but I am only going to focus on the branch I develop my career in management fast casual and quick service. Although my experience…

    • 856 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Research Paper Template Your name: Irma Zamora Your Capella email address: IZAMORA@CAPELLAUNIVERSITY.EDU The course number: BUS3004 Instructor name: Kevin Krier Date submitted: 02/08/2013 Title of your paper: Increase in Profit Margin Introduction This paper will address what many companies have done in order to increase profit margins, within the company. In this introduction, there will be enough information to bring the curious reader, to continue reading and find many of the answers, to what…

    • 3441 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Task 1: Research Paper on Sports business fc-barcelona-crest [image] (August 27, 2010) . Retrieved May 9, 2011, from http://www.topguidebarcelona.com/2010/08/27/racing-vs-fc-barcelona-match-preview/fc-barcelona-crest/ "Més que un club" (More then a club) Sport Business - Futbol Club Barcelona (FC Barcelona) History of the organization Futbol Club Barcelona ( also known as Barcelona ) is a professional football organization that is based in Spain and competes in one…

    • 510 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Business Research Project Paper Business Research Project Should people be allowed to download movies and music from the Internet or are they violating copyright laws? There are compelling arguments on both sides. Research shows the argument can go either way. The research project investigated copyright infringement of downloading movies and music on the Internet. File-sharing is a fast growing industry with more new sites being added all the time. Approximately two billion songs are downloaded…

    • 631 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Law Business Law. . March 21, 2005 Every year business and individuals file for bankruptcy it has almost become common practice to do so. Bankruptcy is a legal procedure that begins when an individual or business that can't pay their debts to creditors. Sadly enough, there were as many bankruptcy cases filed in federal courts, as there were all other cases. The American bankruptcy law almost encourages debtors who are unable to pay their debts to file for bankruptcy. Is filing bankruptcy…

    • 2007 Words
    • 9 Pages
    Better Essays