Some good basic “professional” questions to ask, which apply to most cases:

• What is the product?
• Who hired us?
• How long will this engagement last?
• Has the company faced this problem (or opportunity) before? If so, how did it react? What was the outcome?
• What have other companies facing this situation done?

Sections that are usually required in a business case are:

• Executive Summary. The executive summary summarises the business case, including your recommendation.
• Introduction.
• Statement of the problem.
• Analysis.
• Discussion of Possible Options.
• Recommendation.
• Details of your Chosen Option.
• Conclusion.

Here is a list of what should be included in a business case, followed by a detailed description of each.

• Executive summary.
• Background information.
• Project definition.
• Business Requirements.
• Option presentation and evaluation.
• Presentation of preferred option.
• Strategic alignment.
• Benefits.

When developing a business case, the three phases are the following: Phase 1 Strategic Context; Phase 2 Analysis and Recommendation; and Phase 3 Management and Capacity.

A detailed and often-revised business plan should help you answer them….Five Critical Questions Your Business Plan Should Answer

• Is my price right?
• Can I afford to hire?
• Am I implementing my strategy?
• Can I afford to relocate?
• Am I stunting my own growth?

Here are some tips for handling case interview questions:

1. Understand the question.
2. Be prepared to take notes.
3. There’s no need to rush.
4. Ask questions.
5. Always explain how you arrived at a solution, even if you are simply estimating a number.
6. Stay professional.
7. Have fun!

The Five Case Model is the approach for developing business cases recommended by HM Treasury, the Welsh Government and the UK Office of Government Commerce. It has been widely used across central government departments and public sector organisations over the last 10 years.

The executive summary the most important part of your business plan, and perhaps the only one that will get read so make it perfect! The executive summary has only one objective : get the investor to read the rest of your business plan.

At their core, business plans have 5 basic pieces of information. They include a description of your business, an analysis of your competitive environment, a marketing plan, a section on HR (people requirements) and key financial information. The following is an explanation of the 5 key elements to a business plan.

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 delivery.

The Planning Process: Five Essential Steps

• Step 1 – Establish Your Objectives.
• Step 2 – Determine Your Investment Style.
• Step 3 – Evaluate Investments.
• Step 4 – Choose an Appropriate Investment Plan.
• Step 5 – Execute and Periodically Examine the Plan.

All three steps in strategic planning occur within three hierarchical levels: upper management, middle management, and operational levels. Thus, it is imperative to foster communication and interaction among employees and managers at all levels, so as to help the firm to operate as a more functional and effective team.

Knowing the customer’s business is an excellent way of setting the tone for the case study. Use these questions to get some background information about the company and its business goals. This information can be used to introduce the business at the beginning of the case study.

The process of developing the business case is important; a well-executed process enables you to develop a solid business case that increases the benefits and value and reduces the risks. This also leads to a much greater likelihood of securing support to proceed with the investment.

Full business case. The preliminary business case or feasibility study can be more than 1,000 pages, including appendices and costing several million dollars. The full business case can cost many millions and taking at least 12 months to develop and include significant community consultations during the process.

5 Steps to developing a solid business case Step 1: Confirm the opportunity. Describe the situation and the business opportunity that your proposal will impact. Step 2: Analyse and develop shortlisted options. Identify the alternative approaches and select three or four options to… Step 3: