Clarity Glossary for Project and Portfolio Management

Business Case Analysis

A business case analysis evaluates the expected benefits and costs of a project before implementation.

Explanation

A business caseBusiness CaseSynonym for → WirtschaftlichkeitsanalyseEnglischer Begriff für die wirtschaftliche Bewertung eines Projekts. analysis is used to evaluate the economic viability of a project. It compares expected benefits with the required investments and risks.

Typical components of such an analysis include cost-benefit evaluations, expected savings, revenue potential or strategic advantages.

Organizations often use this analysis as a basis for deciding whether a project should be implemented.

Synonyms and Abbreviations

  • Business Case: Evaluation of the expected value, costs, benefits and risks of a project to support investment decisions.
  • Project Evaluation: Analysis of the economic value of a project.

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