Step 6 - Measure the Risks

A business case by definition deals with future events and uncertainties. You will not be able to elimante all uncertainty in projected business results, but you can minimize uncertainty and measure what remains. In order to make informed business decisions confidently, your audience needs good answers to questions like these:

"How likely are the projected results?"
"What other outcomes are possible?"
"Where are the major risks?"

Consultants perform a rigorous sensitivity analysis on the financial model to determine which "drivers," contingencies, and other factors control results and by how much. They also perform an in-depth Monte Carlo simulation of the business case scenario in order to help you understand fully the likelihood of different business case results.

<< Step 5 - Analyze the Financial Model

Step 7 - Report the Results >>

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Financial metrics including Retun on Investment (ROI), NPV, and total cost of ownership (TCO).
Non financial benefits.
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Real world examples from industry, government, and non profit settings.

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