What’s in a Business Case?

Be the hero—get the most out of your company’s resources in any economy

Validate Every Initiative With a Business Case Formalizing the evaluation process helps organizations validate every initiative Portfolio management is more than simply managing multiple projects simultaneously. It’s promoting and executing on the projects that provide the most value to an organization—which means establishing an effective method for evaluating potential and current projects based upon sound strategic and financial objectives. What’s in a Business Case? An @task Business Case includes all the information necessary to make an informed decision about the merits of any project proposal: Business goals, Risk Management, Costs and Benefits, Portfolio Alignment. Business Goals Business goals are a list of all the objectives to be delivered by the project. These ultimately become the scorecard that determines the success of the project. Risk Management Because risks affect the potential value of every project, @task’s Case Builder allows you to identify, categorize, and mitigate the risks associated with all of your organization’s projects. Costs and Benefits Before a project is approved, it’s important to know how much it will cost to get it done. @task makes it possible to evaluate both the cost of materials as well as the cost of labor. Portfolio Alignment Score potential projects based upon alignment with the portfolio. @task make it possible for organizations to validate that every initiative aligns with the mission and values of the organization.

Maximize the Value of Limited Resources Make sure every project fits with the goals and objectives of the organization Successful organizations know that maximizing resources in any economy is important—especially an economy in decline. A business case allows decision-makers to make decisions based upon business value and fit with the goals and objectives of the organization. @task allows organizations to easily prioritize and weight potential projects by importance and determine if they have the resources needed to meet their objectives. This allows organizations to maximize resources by avoiding projects that don’t provide the greatest business value and promoting those that do. Project Prioritization A business case allows decision-makers to prioritize the projects that provide the most value to their organizations to maximize their resources and get the most business value out of every project. Capacity Planning Capacity Planning makes it possible to understand which of the prioritized projects can be addressed and create a ‘Best Fit’ for the project portfolio. @task’s Capacity Planner facilitates dragging initiatives around a timeline to see how the resource needs of one project could affect others in the portfolio—so organizations can reconcile their teams with strategic decisions.

Total Visibility into Every Project in the Portfolio Real-time status updates across the organization A major issue facing many organizations today is the disconnect between an effective strategy and execution. Visibility into every project makes it possible for executives to know exactly what’s happening in their organizations. @task provides reports and dashboards that are updated instantaneously every time someone on the project team updates status—making it possible for organizations to watch decisions made in the boardroom this morning implemented by project teams this afternoon. Industry-leading portfolio reports @task provides the information you need for making critical decisions at your fingertips. With over 50 standard reports and unlimited configurable reports, @task provides PMO dashboards showing rolled up status along portfolio and program lines, business case dashboards, and risk management dashboards. @task provides unmatched reporting capability. True business intelligence allows you to see exactly what you want to see without the use of third-party tools. Learn more.