For those of you interested in project management , the project management methodology known as PRINCE2 focuses its decision-making on a project on having a viable business case.The technical storage or access that is used exclusively for statistical purposes.
Business case examples How to become a business analyst with no experience?
We will now give you 2 business case examples. The first example is one which you might find useful for taking decisions in your personal life. The 2nd business case example is more business focused project.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Business case example 1: Moving home Simon Buehring
Suppose you and your spouse are considering moving to a new home. You will need to weigh up the pros and cons of moving. This is done using a business case. You might not call it that, but that’s what it is. Let’s look at an example. 19 Feb 2026
Reason
As you can see from the example, the first thing to be clear about in a business case is the reason for doing the project or activity. In this example, the couple has answered the question Explore how to start a career in business analysis with no prior experience. Read on for pathways to enter the field.Why? In fact, there are two problems here – the local school and John’s long commute.Marketing
Options considered
A business case should weigh up the competing options which have been considered. After all, there is usually more than one option. Perhaps an alternative option would have been for John to change his job to one nearer their current house. However, this wouldn’t solve the issue with the school.
Benefits
The benefits of a project or activity are the positive things you’re going to get back in return for your investment of time and money. In this case, the kids will get a better education, and John will save time each day.Marketing
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 Unlocking potential with SMART goals in goal settingprojects or activities. Simon Buehring
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. 19 Feb 2026
Costs
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. Explore the power of SMART goals to boost productivity and success. This comprehensive guide offers practical advice and tips. Scroll down to start transforming your goal-setting process today.
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.The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Risks
For any activity or project, it’s also important to understand the major risks involved. Risks are the uncertain things which may or may not happen during the period of the investment. There is only one risk identified here, which is the risk that the couple might lose touch with friends who live close to them right now.Manage options
Investment appraisalManage services
For an organisation to decide if an investment is worthwhile, however, there are several different ways in which it can decide about the investment.Read more about these purposes
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