150. How to build a better business case

APMG International presents our popular weekly panel Q&A show. This episode is about how to build a better business case. An opportunity to have your real-life questions answered. Host: Nick Houlton, APMG International Question Master: Charlotte Miller, APMG International Panellists: Laurie Bowman, Project Portfolio Planning and Control, Synchrony Projects. Eileen Roden, Co-Founder of the House of PMO and Co-Author of the PMO Competency Framework. Shola Isaac, Training Consultant and Executive Director at Training Creatively. Mart Rovers, Leadership, Coach, Consultant, Trainer and President at INTERPROM. 00:00:00 Introduction 00:02:31 Meet the panellists 00:07:15 Why do business cases increase in page numbers when it's requesting a large amount of money. It's almost like an unwritten rule. 00:12:37 What makes an excellent business case and how can a project manager improve on developing good business cases for different projects? 00:20:51 There are different types of business cases, lean, project, product, when do I use which one? How do they differ? 00:23:53 What is the difference between an "economic" and "financial" business case? 00:30:43 Is the 5 cases model/the Green Book the best documentation to refer to for a better business case? 00:36:17 Why is the development of the business case often treated as a hurdle to jump for funding approval? 00:42:34 What competencies and skills are most useful for those preparing and reviewing business cases for larger complex project 00:50:07 How do you overcome the Nike "Just Do It" mentality? 00:54:16 Closing thought 00:58:48 The next APMG International Level Up show APMG Level Up Podcast is OUT NOW: Listen now on the major podcast providers. Spotify - https://open.spotify.com/show/76q5qnq... Apple Podcasts - https://podcasts.apple.com/us/podcast... Google Podcasts - https://podcasts.google.com/feed/aHR0... Amazon Podcasts - https://music.amazon.co.uk/podcasts/9... Thank you for tuning into the 150th episode of Level Up. Subscribe to our YouTube for our next event: @APMG International LinkedIn: www.linkedin.com/company/apmg-international Instagram: @apmg_international Website: apmg-international.com