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Return to: The material on this page has been taken from the business Case Primer. C opyright 2006, Impact Technical Publications.
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General, government capital Planning
A projects success might depend on management support and employee acceptance. Sensitivity analysis evaluates the probability that a project can be implemented successfully and the risks involved in undertaking the project. Risks also may result from not undertaking the project. The project description should provide enough information that the people who must approve the business case can decide whether the project is both viable and worth doing. If a project involves complicated technologies, dark the audience may not believe the financial analysis until it understands how the technologies enable the benefits. Don't neglect the implementation plan! The rest of a business case is meaningless if the project cannot be implemented successfully. The recommendations summarize the main points of a business case and offer suggestions on how to proceed with the project. Go to the next tip: Costs versus benefits.
Financial analysis compares benefits to costs (tip 2) and analyzes the value of a project as an investment (tip 3). The analysis may include a cash flow statement, return on investment, net present value, internal rate of return, and payback period. Assumptions are events that a business case housekeeper assumes will happen. For example, a business case might assume approval from a regulatory agency. Critical assumptions must occur for a project to succeed. Constraints are schedule, resource, budget, staffing, technical, and other limitations that may impact the success of a project. For example, a project might require that all employees have access to a central database. Market analysis examines changes in the business environment that impact the success of a project such as technological innovations and shifts in customer demographics. Organizational considerations examine how a project impacts an organization.
The business opportunity describes the motivation for the project that the business case will propose. The business opportunity includes a definition, a statement of scope, and a discussion of objectives that the project will help the organization achieve. A business case analyzes the alternatives to a proposed project. For example, an online learning business case might compare the benefits and costs of classroom learning. All business cases involve at least two alternatives: doing or not doing a project. Benefits and costs are discussed in the next tip.
They are both used to generate financing. That's all they have the in common. A business plan is a method to achieve the goals of a business. A business plan is used to: develop ideas about how to conduct a business. Finance the business, evaluate the performance of the business. Typical sections include: Executive summary, general Business Description, products and Services, marketing Plan. Competitive analysis, operational Plan, management and Organization, capitalization and Structure. Financial Plan, we've taken this information from, the Ernst young Business Plan guide by siegel, ford, and Bornstein (John Wiley sons, Inc., new York, 1993). Typical business-case topics include: Executive summary.
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Kraken Power GmbH was founded in 2016, which is located in Bentwisch-Rostock. The company designs and manufactures unique pressure tolerant thrusters, drives, batteries, and electronics made in Mecklenburg-Vorpommern, germany. . The marine business grew out of resume the PhD work. For the marine market drives, propulsion and power supply systems have been developed and sold to oil and gas commercial customers, research institutes, and defence contractors. The aim was and is the development of an uncomplicated and economical technology for the construction and application of mechanical, electrical and electronic systems that withstand a hydrostatic pressure of 600 bar (equivalent to diving depths of approx. Based on this technology, kraken Power GmbH offers various electric drive systems with a power range from 100 W.6 kw and energy supply systems based on lithium-polymer cells with a range.6 kWh up to several MWh. Kraken Robotik gmbh, kraken Power GmbH. Are business cases and business plans similar?