Add a business case for an investment

  • Release version: Xanadu
  • Updated August 1, 2024
  • 1 minute to read

    • Add a business case for an investment to define its business needs and goals.

    Before you begin

    Role required: sn_invst_pln_v2.investment_user

    About this task

    An investment can have only one business case.

    When a business case is created on a demand or project record, the same is mapped to the corresponding investment record. And when a business case is created on an investment record, the same is mapped to the corresponding demand or project record. Cost plans and benefit plans associated with project or demand records are also mapped to the investment records.

    Procedure

    1. Navigate to All > Investment Funding > My Funds.
    2. Open an investment to add the business case.
    3. On the Details tab, click the Create Business case related link.
      The related link is available only if a business case does not exist for the investment.
    4. In the Add Business case dialog box, provide information in the fields based on your business needs and goals for the investment.
      Table 1. Add Business case form
      Field Description
      Name Unique name of the business case.
      Investment type Type of the investment.
      Investment class Investment class category assigned to the investment:
      • Run: Investment made to sustain the existing business.
      • Change: Investment made to implement a change in the business.
      Table 2. Business case tab section of the Add Business case form
      Field Description
      Description Description of the business case supporting the investment.
      Enablers Key enablers for the investment.
      Barriers Major barriers to the investment.
      Assumptions Assumptions made for the investment that help to determine the scope and risks, and fine-tune the time and cost estimates.
      Table 3. Scope section of the Add Business case form
      In scope Scope of the investment, which includes a set of boundaries that define the extent of the investment.
      Out of scope Activities that are not in the scope of the investment.
      Risk of performing Risks associated with the investment if it is carried out.
      Risk of not performing Risks associated with the investment if it is not carried out.
    5. Click Submit.