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Business Case

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					Business Case                                   [Project Name]




PROJECT NAME
Business Case
[Company Name]




                 Authors:
                 Creation Date:
                 Last Updated:
                 Version:




[Company Name]                    Page 1 of 7   [Revision Date]
Business Case                                               [Project Name]




Revision History

      Date          Author             Version   Change Reference




Approvals

      Date         Approver            Version      Comments




Reviewers

      Date         Reviewer            Version      Comments




[Company Name]                Page 2 of 7                   [Revision Date]
Business Case                                         [Project Name]



Purpose




Background and Chronology




Current and Projected Business Environment




[Company Name]                          Page 3 of 7   [Revision Date]
Business Case                             [Project Name]


Critical Success Factor




Business Needs




Summary of Business Scope




[Company Name]              Page 4 of 7   [Revision Date]
Business Case                         [Project Name]


Solution Approach




Resource Requirements




Financial Analysis




[Company Name]          Page 5 of 7   [Revision Date]
Business Case                                [Project Name]


Success Measurement Criteria




Change Management Summary




Initial Risk Consideration




[Company Name]                 Page 6 of 7   [Revision Date]
Business Case                                                     [Project Name]


Alternative Analysis




Approvals


Project Manager Signature       Sponsor or Originator Signature




Project Manager Name            Sponsor or Originator Name



Date                            Date




[Company Name]              Page 7 of 7                           [Revision Date]
Fields displayed in GREY are text boxes that should be filled out with the requested information. Sections of the Cost/Benefit Summary are further explained below:


Section 1: Required Cost/Benefit Components for Phase Tollgates
  Component
                                                           Description                                        IG&P             Define       Measure Analyze              Improve           Control
    Name
Revenue                      The expected incremental pre-tax revenue improvement (+/-) that will                               If a Revenue Improvement is Anticipated:
Improvement                  result from this project investment. The revenue improvement will
               (Annual in    result from a change in the baseline net interest income and/or non                                                                            Enter $         Enter
$000's)                      interest income resulting from full deployment of this project solution.                          Enter $      Update $      Update $         Estimate        observed
                             The Revenue Improvement benefit is represented in incremental                  Check box
                                                                                                                              Projection    Projection    Projection    (validated by      actual $
                             average annualized dollars with the first "high level" quantification due                                                                   pilot results)     impact
                             at the Define tollgate.
Expense                      The expected incremental pre-tax expense reduction (+/-) that will result                           If a Expense Reduction is Anticipated:
Reduction                    from this project investment. The Expense Reduction will result from a
     (Annual in $000's)      change in baseline credit losses, direct operating expense and/or indirect                                                                     Enter $         Enter
                             operating expense resulting from full deployment of this project                                  Enter $      Update $      Update $         Estimate        observed
                             solution. The Expense Reduction benefit is represented in incremental          Check box
                                                                                                                              Projection    Projection    Projection    (validated by      actual $
                             average annualized dollars with the first "high level" quantification due                                                                   pilot results)     impact
                             at the Define tollgate.
Cost Avoidance               A benefit associated with an project that prevents a here-to-for                                  If a Cost Avoidance Impact is Anticipated:
             (Annual in      unrealized operating cost from materializing or creates the opportunity
$000's)                      for future hard benefits. Cost Avoidance benefits are represented in                                                                           Enter $         Enter
                             incremental pre-tax average annualized dollars with the first "high level"                        Enter $      Update $      Update $         Estimate        observed
                             quantification due at the Define tollgate. Since this benefit is not           Check box
                                                                                                                              Projection    Projection    Projection    (validated by      actual $
                             included in the baseline, it will not be included in the calculation of                                                                     pilot results)     impact
                             incremental 5 Year SVA.
Total Benefit                Total Benefit is the sum of the annualized pre-tax Revenue                                                     $ Sum of      $ Sum of
                                                                                                                              $ Sum of                                    $ Sum of         $ Sum of
                             Improvement, Expense Reduction and Cost Avoidance identified above.                                            Updated       Updated
(Annual in 000's)                                                                                                             Projected                                   Estimated        Observed
                                                                                                                                            Projected     Projected
                                                                                                                               Impacts                                     Impacts          Impacts
                                                                                                                                             Impacts       Impacts
Capital Expense              Funds required to acquire or improve capital assets, such as equipment,                               If a Capital Expense is Anticipated:
      (Total in 000's)       necessary to build or deploy this project. This expense may be                                                                                 Enter $       Enter total
                             capitalized and depreciated over time or expensed immediately                                                                 Enter $         Estimate         actual
                             depending on the type of capital purchased and the Bank's capitalization                                                     Projection    (validated by       Capital
                             policies.                                                                                                                                   pilot results)   Expenditure
Operate Cost                 Total incremental average annualized direct and/or indirect expense to                                 If an Operate Cost is Anticipated
    (Annual in 000's)        operate once the project solution is fully deployed. (People, process and
                             technology).                                                                                                                                   Enter $        Enter total
                                                                                                                                                           Enter $         Estimate          actual
                                                                                                                                                          Projection    (validated by       Operate
                                                                                                                                                                         pilot results)     Expenses

5 Yr SVA                     Incremental SVA Benefits that will be realized over five years beginning
            (Annual in       with the project start date. SSCP 2.0 requires the quantification of 5                                                                         Enter $
000's)                                                                                                                                                     Enter $         Estimate        Enter total
                             Year SVA for the Analyze tollgate. The Finance partner for the project
                                                                                                                                                          Projection    (validated by      actual SVA
                             should assist in the SVA calculation.
                                                                                                                                                                         pilot results)

LOB Willingness The maximum amount the business is willing to invest based on the
to Spend          projection of incremental benefits expected from the project.                                                                                                             Enter $
                                                                                                                               Enter $      Update $      Update $        Enter $
 (Total in 000's) Willingness to spend when compared to benefits and project cost should                                               
				
DOCUMENT INFO
Description: The Business Case is a spreadsheet that is designed to help project managers develop and articulate the business needs for a given project. The business case provides the necessary information, from a business standpoint, to determine whether or not the project is worth the required investment. This template spreadsheet can be customized to best fit the needs of any project manager or company seeking an explanation and justification of a project's business needs from its project managers.