Project management - Document
Business case
The argument for making an investment, covering expected benefits, costs and risks
What's it for?
Helps decision-makers judge whether an investment or change is worth doing.
For example…
The business case shows that automating invoice matching pays back within 18 months via fewer late fees and less manual effort
A business case compares keeping a legacy system with replacing it, including costs, expected savings, risks and payback time
Think of it like…
Loan application for a home extension: why it is worth it, what it costs, and what could go wrong