Better Business Cases - Introduction
Page updated 9 Nov 2015
The primary objective of BBC is to enable smart investment decisions for public value. If applied appropriately BBC can also help to:
- reduce the costs of developing business cases
- reduce the time it takes to develop business cases, and
- meet recognised good practice.
BBC enables the “plan” phase of the investment life cycle, as explained at How BBC Fits within Investment Management Life Cycle. The business case is a reference point during the “Do” phase and used in the “Review” phase to determine whether the benefits in the business case were realised.
BBC is a common language and provides a systematic way for stakeholders to think and work together to give decision makers the information they need to invest with confidence. For further information see More about the BBC Framework and Alignment with the Annual Budget Process and When is BBC Required.
We support senior responsible owners (ie, sponsors), business case developers and reviewers by providing:
- BBC Guidance
- Methods (and tools) to develop business cases
- Access to BBC Training
- Access to Endorsed BBC Experts
- BBC Clinics for Investment Intensive Agencies
We encourage organisations to further build their business case capability by accessing training and using endorsed BBC Experts.
To ensure we are achieving our objectives we regularly evaluate the BBC approach to identify improvements. For a summary of the 2015 evaluation BBC Evaluation and the Planned Improvements.