Is this change management qualification right for me?

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APM PFQ exam

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  • Key takeawaysA 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.
APM PMQ exam

Contents

  • Contents
  • Introduction
  • What is a business case?
RisksOne major risk has been identified in this example, but on your project, there could be many risks.Investment appraisalThe final section is the investment appraisal. The investment technique used in this example is called net benefits. As you can see from the table, the project and operational costs are recorded for each year of the investment.