Tough to use them in Logistics…

Economic justification is essential for an information systems investment, but business cases should go beyond being simply a list of costs and forecasted benefits. It should really be a roadmap for the business to understand where it is going, why and how as well as what the risks are.

Below a six step approach to create a sound business case:

1. Determine the high-level business drivers and investment objectives

2. Identify the corporate critical success factors that will be supported or enhanced by the operation of the completed information systems project or investment.

3. Create a list of specific and detailed outcomes or benefits, their appropriate metrics, measuring methods and responsibility points that are represented by the stakeholders.

4. Indentify organizational changes enabling benefits

5. Determine costs

6. Highlight the risks associated with the project.

Tags: economic justification, information systems investment, investment business case