Cath Convery, of the learning and development consultancy Explosive Learning Solutions (ELS), will be explaining the ‘Better Business Cases™’ model at Project Challenge. Project Challenge, scheduled for 10th and 11th October at London’s Olympia, is an event that focuses on anything and everything related to ‘projects’.
Cath explained, “Better Business Cases™ is a systematic and objective approach to all stages of the business case development process. It sits alongside - and complements - HM Treasury’s Green Book guidance.
“ELS has been delivering training relating to this approach since its release –developed by HM Treasury in 2009.”
Generally available since 2014, Better Business Cases™ is based on The Five Case Model, the UK government’s best practice approach to planning spending proposals and enabling effective business decisions. The Five Case Model covers:
• The strategic case– strategic fit and clear investment objectives
• The economic case – optimising value for money
• The commercial case – attractiveness to the market and procurement arrangements
• The financial case – affordability
• The management case – deliverability and plans for deliver
At Project Challenge, Cath will be focusing on the commercial case - exploring what that might include and outlining some of the tools that could be used to write the case.
“Understanding an established and proven methodology – such as this - which can be applied at both the strategic (macro) and tactical (micro) levels is becoming essential as a core business competence for any manager or director,” commented Cath.
“Not only do those undergoing Better Business Cases™ training gain vital insight into what constitutes a good business case, its lifecycle and contents but they develop skills that enable them to reduce waste as well as maximise value for money from any project.
“This enables their organisations to reduce unnecessary spend, optimise public value form the project, improve the quality of decision making, generate faster throughput and develop a clear, proportionate approval process,” said Cath.
“Increasingly, the Better Business Cases™ approach is gaining acceptance in the public sector – and that also means that any private sector organisation that wants to do business with this sector should understand, and practice, this approach too.”
About Explosive Learning Solutions
Founded in 2005, Explosive Learning Solutions (ELS) is a learning and development (L&D) consultancy that believes in using original and challenging solutions to inspire, enthuse and empower people to meet its clients’ needs. Working with clients in the public, private and business sectors worldwide, ELS focuses on organisation-oriented needs analysis; leadership and management; training and development – applying a systems approach to training methodology; learning technology; education; coaching and mentoring; HR development, as well as specialist expertise in the public sector including in defence issues.
For more information, please contact:
Cath Convery, ELS, +44 (0)1235 861805; email [email protected]
Marc Waterman, ELS, +44 (0)1235 861805; email [email protected]
Bob Little, Bob Little Press & PR, +44 (0)1727 860405; email [email protected]