Copied!Key takeaways

A business case helps decision-makers judge whether an investment is worth the time, money and risk.

State the reason for the activity and ensure it aligns with organisational strategy.

Compare realistic options, including doing nothing, and clearly justify the preferred choice.Separate project costs and timescales from ongoing operational costs and benefit realisation timescales.Define benefits in measurable terms and distinguish outcomes from benefits so performance can be tracked.
Include known dis-benefits and major risks, plus mitigations, to avoid one-sided decisions.Use an investment appraisal, such as net benefits and break-even timing, to test viability.
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What is a business case?Knowledge Train is an Agile BA Accredited Training Organization.
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Timescales It’s also important to understand how long the investment of resources will take. This is so that the organisation (or family in this case) knows when the resources will be freed up to work on other projectsCopied! or activities.

Key takeaways There are usually 2 timescales to consider. First, the timescale of the project or activity – in this case 3 months to find a new house and move there. Second, the time over which the benefits shall be realized. In this case it’s 5 years until the kids leave school.

Strong project management improves delivery, governance, and organisational confidence. CostsClear roles, accountability, and stakeholder communication improve decision-making and reduce conflict. The costs of doing the project or activity is the next important bit of information. On this project, the costs of moving to a new house will be £5,000. These are the project costs.Structured planning and sequencing cut waste, optimise resources, and improve budget control. However, the couple will spend an additional £2,000/year for every year over which the business case is calculated. For a project in an organisation, this is usually referred to as the operational costs of maintaining and operating the projects outputs e.g. an IT system. At this point, the couple knows the total costs over the timescales when the benefits shall be realized.

Agile methodologiesWhat makes a good business case?

As you have seen in this article, there’s several important bits of information which goes into a business case. Don’t spend unnecessary time though adding information which isn’t required. Your project sponsor will have to read your business case before they approve it, and you don’t want to make their job any harder than it already is!

Simon BuehringThere are several things you can use to check whether your business case is adequate or not. Here’s a checklist of 13 questions to ask yourself before you submit your business case to your sponsor for approval:

23 Feb 2026Are the reasons for the project consistent with the corporate,
portfolio

Discover the variety of Agile methodologies and their unique implementations across sectors. Read more to see which fits your needs. or

programme management
strategies?

Is the

project plan
aligned with the business case? (e.g. are the costs and timescales in the project plan correctly reflected in the business case?)

Are the benefits clearly identified and justified?

Is it clear how the benefits will be realized?
Lean managementIs it clearly defined what will judged a successful outcome?

Is the preferred business option clearly stated, along with the reasons why?

Simon BuehringIf the project requires external procurement, is the preferred sourcing option stated, and why?
19 Feb 2026Is it clearly stated how any necessary funding will be obtained?

Does the business case include non-financial, as well as financial criteria?

Delve into Lean management, a philosophy of continuous improvement and learning. Read more on how it transforms businesses.Does the business case include operations and maintenance costs and risks?
Does the business case include project costs and risks?

Project and operational timescales;

Simon BuehringBenefits, expressed in measurable terms;

19 Feb 2026Investment appraisal (or cost benefit analysis); Major risks and their mitigation plans;

New to Scrum? Our visual guide explains the methodology clearly. Download the accompanying poster to share with your team.How long is a business case?

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