A business case is a document that outlines the rationale for a proposed project or investment. It typically includes a description of the project, its objectives, its costs, its benefits, and its risks. The purpose of a business case is to persuade decision-makers to approve the project.
Business cases are essential for any organization that wants to make sound investment decisions. They provide a framework for evaluating the potential risks and rewards of a project and help to ensure that resources are allocated wisely. In addition, business cases can be used to track the progress of a project and to measure its success.