Particulars - 2
A Business Case justification may fall into one of several categories:
- Short-term economic advantage
- E.g. immediate profitability, cost-effectiveness or satisfy a "Window of Opportunity"
- Long-term advantage
- I.e. Strategic fit, or so-called "strategic positioning"
- Necessity to meet environmental, regulatory or safety requirements
- Service replacement, upgrade, image renewal, etc.
- Value and balance amongst projects