Read (1) "Building Better Business
Cases for IT Investments" (Ward et al., 2008). Develop a benefits table
along with first five (5) steps for an IT project using the framework from the
Here are the two options (only pick
Option 1: Use the NYU case
provided, NYU Langone Medical Center Goes Paperless
2: Use an IT initiative or project from your current organization
Note, if you use
option 2 you need to provide a detailed project description (one to two pages,
similar to the NYU case in option 1) about the project and place it within
appendices. This should be sent to faculty no later than Week 4 for approval.
In making your benefits analysis for
your business case, follow the six steps approach by Ward et al. (2008)
closely. Your analysis should be presented in the same paper format as you have
used in the previous modules. Labeling steps 1 through 5 will be helpful to the
Introduction: Brief overview of project
selected and introduction of benefits analysis
Step 1: Define
Business Drivers and Investment Objectives
Step 2: Identify
Benefits, Measures, and Owners
Step 3: Structure the
Step 4: Identify
Organizational Changes enabling Benefits
Step 5: Determine the
Explicit Value of each Benefit
Note: Step 6, Costs
and Risks analyses will be done in Module 7
conclude your benefits analysis at this point. The key is to have an estimated
number for all financial benefits, which can be used for your ROI estimation in
References: Include required
readings for Modules 6. Additional researched references are required.
Minimum four (4) additional references from your benefits research.
your benefits table similar to Figure 5 from the main reading, Building Better
Business Cases for IT Investments (Ward et al., 2008, p.11)
table of your assumptions for the benefits you identified and estimated
have you learn from business process analysis and then benefits analysis?
are the main challenges so far?
Here is an illustrated example of the business case
from "Building Better Business Cases for IT Investments" (Ward
et al., 2008).
Note: The page limitation for the final business
case (combined with Parts 1 and 2) is four (4) pages, plus references, visuals,
and learning summary.
Based on the two peer reviews you received from Module 6, revise
your steps 1 to 5 and benefits table. Continue your business case by
proceeding to step 6.
Within Step 6: Identify Costs (TCO), calculate ROI, and do a risk
Estimate TCO using "Measuring and Reducing Total
Cost of Ownership" (Woodward, 2016) along with this TCO and ROI Calculator (Note: Most cost numbers need to be
researched and estimated along with your assumptions made)
Identify and assess risks using the matrix introduced in the
Visuals for Step 6 (required)
3. Provide TCO (provide
explanation and assumption for each cost estimation) and ROI Table
4. Provide Risk
Once the above is done, combine your part 1 (revised from Module
6) and part 2 analyses into a complete business case. Here is the overall
structure of your business case:
Introduction (to the business case, not just benefits analysis)
Steps 1 to 5: Revised from Module 6
Step 6: Identify Costs (TCO), Risks, and calculate ROI (these are the
focus of Module 7)
Conclusion: provide your recommendation for the investment based
on your interpretation of the benefits, costs, and risks analyses. Highlight
ROI and other convincing justification.
References: include required readings for both Modules 6 and 7.
Additional researched references are required. Minimum four (4) additional
Revised Benefits Table based on feedback or additional research along
with your assumption table (You did all these in Module 6)
TCO & ROI Table within paper (in addition, attach
the TCO & ROI spreadsheet along with your final paper)
Risk Analysis Table
Summary of Learning
What changes have you made for Steps 1 to 5 along with your
What have you learn from this business case?
What are the strengths and weaknesses of the six-step business
case framework by Ward et al. (2008)?
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