• In the strategic dimension, external constraints and dependencies are considered, such as legal, ethical, political, and technological factors, as well as necessary infrastructure that is beyond the control of the proposal. The proposal’s expected outcome is defined by a small number of
• SMART objectives, which must be Specific, Measurable, Achievable, Realistic, and Time-limited. These objectives drive the rest of the model, serving as the basis for option creation and the appraisal process in the economic dimension.
• RationaleThe objectives must reflect the rationale for the proposal and be expressed in terms of the expected change in service provision, expressed numerically. This helps in refining the objectives and enables them to be monitored and evaluated effectively. The programme objectives should directly align with the proposal’s objectives, providing a clear understanding of the expected outcomes.Strategic assessmentThe first step in any proposal, whether it be strategic, portfolio, program, or project-based, is the strategic assessment. This evaluation compares the current situation, also known as “business as usual” (BAU), to the desired outcome, as outlined by the SMART objectives. The difference between BAU and the SMART objectives highlights the business needs that must be addressed. A comprehensive understanding of how these business needs can be met and the SMART objectives achieved is crucial.Policy fit
• The proposal must also consider its fit with public policy and any potential impacts on other public bodies’ operations, responsibilities, or budgets. Effective and efficient delivery of public services requires consultation and collaboration between public bodies to avoid waste and inefficiencies. Early research, consultation, and engagement with stakeholders provides a better understanding of the current situation and opportunities for improvement, as well as links to relevant policies.Self-pacedEconomic dimensionAPM PFQ blended onlineThe
• economic dimension£749 +vat of the 5 Case Business Model plays a crucial role in analysing and evaluating proposals. It is driven by the SMART objectives and business needs identified in the strategic dimension and estimates the social value of different options. This dimension involves detailed option development and selection through appraisal, with a focus on considering the potential impact on the UK or overseas and considering any unintended consequences.
• Appraisal The longlist appraisal and selection of the shortlist options are critical steps in the process, and the preferred option is selected based on a thorough analysis using social cost-benefit analysis or social cost-effectiveness analysis. The selection considers factors such as the net social value of the option, the costs of risk and optimism bias, the whole life cost of the public resources employed, and the unquantifiable benefits of key objectives. The overall risk to the public and the public sector is also considered. It’s important to remember that all dimensions of the 5 Case Business Model are interdependent and must be considered in an integrated way, with the involvement of key stakeholders. Following the supplementary guidance on

Self-pacedbusiness cases

PRINCE2 Agile Practitioner (with Foundation) self-paced online is essential to ensure that the proposal is developed in a holistic and collaborative manner.

1. Commercial dimension£1,399 +vatThe
2. commercial dimension of a proposal focuses on the commercial strategy and procurement of services and assets needed. It is informed by the strategic and economic dimensions, and the procurement specifications are derived from them. As the procurement process progresses, the commercial dimension provides updated information on costs, Self-pacedrisk management
3. AgilePM Practitioner (with Foundation) self-paced online and timing, which is then incorporated back into the economic and financial aspects of the proposal. This continuous feedback loop helps to develop the proposal into a fully-fledged business case.£1,299 +vatFinancial dimension1. Project initiationThe

Project initiation phase is important for the success of a project. During this stage, the ideas start to take shape, and the vision and purpose of the project are established.financial dimension

Developing a business case focuses on the overall cost to the public sector of implementing a proposal, considering all financial implications and benefits. It evaluates affordability and the financial impact on the public sector, while the economic dimension evaluates the social value of the proposal.

The Management dimension

• business caseThe
• is a justification for a project and a description of the benefits the project will bring. To develop a management dimension
• business case of a proposal focuses on the practical implementation plans. It ensures that the chosen option can be executed effectively and covers the resources required, budget management, and responsible organisations. It outlines the timeline for reaching agreed milestones and completing the proposal.:The management dimension includes the risk register, benefit register, monitoring and evaluation plans, and any necessary data collection before implementation. The details of the management aspect are developed further as the proposal matures into a full business case
• , influencing the economic, commercial, and financial dimensions.
• Enhance your skills with our expert-led courses

Instructor-led

Better Business Cases Practitioner (with Foundation) course £2,400 +vat

See all dates

• Self-pacedBetter Business Cases Practitioner (with Foundation) self-paced online
• £1,199 +vat