Question 2 Making the Business Case

"Making the Business Case" for a technology solution or innovation is probably the most important thing you will walk away with. This is an important skill.Make the business case for a technology solution to address a business problem for a company of your choice.you can explain the parts and show the financial justification in this word document. Some things to remember:

1. Please follow the following framework:

Business Context

Business Problem

Technology Solution

Financial Justification

Qualitative Benefits.

1. Explain cost savings, additional revenue generation or both. If both are possible show that because it makes a stronger case.
2. Make any assumptions you need.
3. You can make a comparison before and after or if new innovation, show how it will impact the current situation, etc.
4. Do not forget the Total Cost of Ownership (these are all the associated costs such as maintenance, training, etc.).
5. Your case can be simple - it does not need to be complex to show considerable savings / benefits.
6. Show the benefits for 3 years out.