Business Case Checklist

Business Case Checklist

• Are benefits stated in terms that can be measured in the post project review?
• Are costs based on the Project Plan or some other figures?
• Are figures based on defined items that can be measured?
• Are the reasons for the project clearly defined?
• Does the Business Case make sense?
• Have ‘before’ measurements been taken in order to assist comparisons in the post-project review?
• If the project is part of a programme, is the programme's Business Case fully reflected in the project?
• Is the Business Case passed down from pre-project work?
• Is the Business Case updated and reviewed for each end stage assessment?
• Is the impact of changes on the Business Case assessed?
• Is there an investment appraisal?
• Is it clear how any necessary funding will be obtained?
• It is clear how the benefits will be realized?
• It is clear what the preferred business option is and why?
• It is clear what will define a successful outcome?
• Are the benefits are clearly identified and justified?
• Does the Business Case conforms to organizational accounting standards?
• Does the Business Case includes non-financial, as well as financial, criteria?
• Does the Business Case include operations and maintenance costs and risks, as well as project costs and risks?
• Are major risks faced by the project explicitly stated, together with any proposed responses?
• Are the Project Plan and Business Case aligned?
• Are the reasons for the project consistent with the corporate or programme strategy?
• Where external procurement is required, is it clear what the preferred sourcing option is and why?
• Who will measure the impact of changes on the Business Case?