oboloo

oboloo Glossary

Business Case

oboloo Glossary

Business Case

Business Case Definition

A business case is a document that outlines the justification for undertaking a project or initiative. It is typically used to secure funding from senior decision-makers and to ensure that the project aligns with the organization’s strategic objectives.

The business case definition should include:

– The problem or opportunity that the project is seeking to address

– The proposed solution

– The expected benefits of the solution

– The costs of implementing the solution

– The risks associated with the project

– The assumptions made in developing the business case

This section should provide enough detail for the reader to understand what a business case is and why it is important. It should also give some guidance on what should be included in a business case definition.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971