{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[[{"@type":"Question","name":"What are the 5 business case models?","url":"https://www.knowledgetrain.co.uk/project-management/business-cases/business-case-faqs/what-are-the-5-business-case-models","acceptedAnswer":{"@type":"Answer","text":"Association for Project Management (APM)<
p>The five Project Fundamentals Qualification (PFQ)<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases'>business caseProject Management Qualification (PMQ)
> models are typically strategic models used by organisations to evaluate and manage opportunities or projects. These models include business model canvas, value chain model, Project Risk Single Certificate Level 1<
a href='https://www.knowledgetrain.co.uk/business-analysis/resources/business-analysis-technique-swot'>SWOT analysisAgilePM>, balanced scorecard, and PEST analysis. Business model canvas outlines the structure and finances of a business.®> – Agile Project Management<
p>The value chain model looks at a company's actions to deliver value. SWOT analysis assesses strengths, weaknesses, opportunities, and threats. A balanced scorecard evaluates performance metrics.Foundation
>Practitioner<
p>PEST analysis examines political, economic, social, and technological factors. These models help in understanding different facets of business operations and decision-making processes.PRINCE2>"},"image":"https://www.knowledgetrain.co.uk/training-courses/what-are-the-5-business-case-models.webp"},{"@type":"Question","name":"What are the 5 elements of a business case?","url":"https://www.knowledgetrain.co.uk/project-management/business-cases/business-case-faqs/what-are-the-5-elements-of-a-business-case","acceptedAnswer":{"@type":"Answer","text":"®<p>The 5 elements of a Agile<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/how-to-write-a-business-case'>business caseFoundation
> include the strategic, economic, financial, commercial, and management aspects. These elements, while interconnected, each offer a distinct perspective essential for evaluating the business case effectively.Practitioner
>"},"image":"https://www.knowledgetrain.co.uk/training-courses/what-are-the-5-elements-of-a-business-case.webp"},{"@type":"Question","name":"What is a 5 case model?","url":"https://www.knowledgetrain.co.uk/project-management/business-cases/business-case-faqs/what-is-a-5-case-model","acceptedAnswer":{"@type":"Answer","text":"AI Project Governance Framework (AIPGF)<
p>The Foundation<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/five-case-model'>5 case modelPractitioner
> is a framework used for evaluating and preparing Better Business Cases<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/how-to-write-a-business-case'>business cases™
>. It consists of five key components: the Strategic Case, Economic Case, Commercial Case, Financial Case, and Management Case. Each component serves a specific purpose and collectively ensures that a project or proposal is viable, achievable, and provides value for money.Foundation
>Practitioner<
p>This model is commonly used in public sector House of PMO Essentials<
a href='https://www.knowledgetrain.co.uk/project-management/projects'>projectsHouse of PMO Essentials for Administrators
> to aid in decision-making and to provide a structured approach to business case development.House of PMO Essentials for Analysts
>"},"image":"https://www.knowledgetrain.co.uk/training-courses/what-is-a-5-case-model.webp"},{"@type":"Question","name":"What is Green Book training?","url":"https://www.knowledgetrain.co.uk/project-management/business-cases/business-case-faqs/what-is-green-book-training","acceptedAnswer":{"@type":"Answer","text":"House of PMO Essentials for Managers<
p>What is The Green Book? The House of PMO Essentials for Directors<
a href='https://www.knowledgetrain.co.uk/project-management/P3O
business-cases/hmt-green-book'>Green Book®
> is the primary guidance document published by HM Treasury for officials and analysts working on Foundation<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/how-to-write-a-business-case'>business casesFoundation & Practitioner
> and appraisals. In October 2020, the Chancellor reviewed the Green Book and released an updated version.Workshops
>Introduction to Project Management<
p>Additionally, in July 2021, guidance on the valuation of wellbeing was published, supplementing the Green Book.Project Management Essentials
>"},"image":"https://www.knowledgetrain.co.uk/training-courses/what-is-green-book-training.webp"},{"@type":"Question","name":"What is the Treasury Green Book 5 case model?","url":"https://www.knowledgetrain.co.uk/project-management/business-cases/business-case-faqs/what-is-the-treasury-green-book-5-case-model","acceptedAnswer":{"@type":"Answer","text":"Writing Business Cases<
p>The Treasury Green Book AI in Project Management<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/five-case-model'>five case modelARTIFICIAL INTELLIGENCE (AI)
> is recommended by the guidance in the BCS AI<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/hmt-green-book'>HMT Green Book of the HM TreasuryFoundation
>, which is the central government's instructions on appraisal and evaluation of AI Project Governance Framework (AIPGF)<
a href='https://www.knowledgetrain.co.uk/project-management/business-cases/how-to-write-a-business-case'>business casesFoundation
>. It includes 5 critical parts: the Strategic Case, Economic Case, Commercial Case, Financial Case, and Management Case.Practitioner
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What is Green Book training?
The technical storage or access that is used exclusively for statistical purposes.
