Real-world examples of the Five Case Model

Conclusion ReferencesIntroductionThe 5 Case Model is part of the best practice guidance issued by HM Treasury on behalf of the United Kingdom government. It is recommended to be used by the guidance issued in HMT Green Book (central government guidance on appraisal and evaluation)[1].

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• Rationale The 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 assessment The 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. Economic dimension The economic dimension 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
• business casesPRINCE2 AGILE COURSES is essential to ensure that the proposal is developed in a holistic and collaborative manner.Select your preferred training course below:

Commercial dimension

The SCRUM COURSEScommercial dimensionSelect your preferred training course below: 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, LEAN SIX SIGMA COURSESrisk managementSelect your preferred training course below: 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.BUSINESS ANALYST COURSES

Financial dimensionSelect your self-paced training course topic.

The financial dimensionBCS BUSINESS ANALYST COURSES 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.Select your preferred training course below:Management dimension , and any professionals involved in The CHANGE MANAGEMENT COURSES project deliverymanagement dimensionSelect your self-paced training course topic. using PRINCE2, Agile, or hybrid approaches. 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.

PRINCE2 Agile compared to other frameworksThe 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 APMG CHANGE MANAGEMENT COURSES

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