What is necessary for documenting a business case?

Documenting a business case primarily involves providing justifications for a proposal. This is essential because a business case is designed to outline the rationale behind a particular project or investment. It must convincingly argue why the project is needed, what problem it addresses, and how it benefits the organization. This justification is critical for stakeholders to assess the value and feasibility of the proposal, ensuring that resources are allocated effectively to initiatives that align with the organization’s strategic goals.

While technical specifications, budget estimations, and completion timelines are important components of project planning, they typically come after the justification has been made. The business case itself serves to convince decision-makers of the necessity and validity of the proposed actions, thereby guiding them in their funding and prioritization of projects. Without a strong justification, even well-planned budgets or timelines may not lead to project approval.