E-Learning Business Case Basics: Using ROI (Return on Investment), TCO (Total Cost of Ownership), and Cost-Benefit-Analysis
- 2 hour online self-study course from the leading authority on business case analysis
- Learn the business terms and concepts you need to prepare for building or using the financial business case
- Learn how to develop and interpret ROI, NPV, IRR and payback period - the most frequently used decision criteria in business today
Learn now online: 30-day subscription: US$40.00
Each 30-day subscription includes a complimentary copy of the 31-page whitepaper Business Case Essentials (PDF edition, a $14 value).
Many people feel challenged when facing the need to build or use the financial business case. They may suddenly have to deal with terms and concepts that have - until now - been relegated to the financial professionals, terms like “Net present value” or “Internal rate of return.”
Fortunately, you don’t need an MBA or an extensive background in finance to build and use good business case analysis. You do need, however, to understand and to be comfortable with a few business and finance terms and concepts. But how do you get up to speed quickly? How do you know specifically what you’ll need to know in order to take on the business case challenge? By customer demand Solution Matrix Ltd. has developed “Business Case Basics.”
”Business Case Basics” is an online self-study course, complete with illustrated examples and self-scoring quizzes. The course is based on 11 years experience, helping more than more than 8,500 professionals from all fields develop a firm foundation in basic business concepts.
Who should take the course
- Those responsible for project, program, or product proposals
- Those with a need to bring consistency and accountability to decision making and planning in their organizations
- Consultants who advise clients in decision making and planning
- IT managers propose or plan major IT projects or upgrades
- project managers responsible for capital spending decisions
- Sales professionals and sales managers who need to show customers that the decision to buy their solution is a good business decision
What You Will Learn
- How the business case supports business decisions
- What every business case should include
- How to know which decision criteria are important to your decision makers and planners
- How know whether you are requesting funding from capital budgets, operating budgets, or non budgeted funds
- The real meaning of “Cost” and “Benefit”
- How executives look at important financial decision criteria
- Return on investment (ROI)
- Net present value (NPV)
- Payback period
- Internal rate of return (IRR).
- The use and misuse of financial metrics
Learn now online: 30-day subscription: US$40.00
Each 30-day subscription includes a complimentary copy of the 31-page whitepaper Business Case Essentials (PDF edition, a $12 value).
Course Overview
A one month subscritpion allows you to access the course as often as you wish during that period. The course includes more than two hours of instruction, examples, and self-scoring quizzes.
Module 1: What’s a Business Case?
- ROI, Cost Benefit, and Financial Justification: Is there a standard?
- The nature of the business case
- The heart of the case: cash flow projections
- What are “Costs” and “Benefits”
- What are Financial Metrics?
- What does a good business case deliver?
Module 1 Self-scoring quiz
Module 2: Basic Business Concepts
- Why financial statement information can be important to the business case builder
- The Income Statement: What it is and what it says
- Gross Margin
- Operating Margin
- Profit
- The Balance Sheet: What it is and what it says
- Fixed assets and current assets
- Current liabilities and long-term liabilities
- Stockholder’s equity
- Capital budgets: What the casebuilder needs to know
- Operating budgets: What the casebuilder needs to know
- The Time value of money (discounting)
- Present value
- Future value
- Net present value of the cash flow stream
- Why discounting matters
Module 3: Financial Decision Criteria
- Financial metrics as decision criteria
- Net present value as a decision criterion (NPV)
- Return on investment (ROI)
- Payback period
- Internal rate of return (IRR)
- What you need to know about the strengths, weakness, and pitfalls in using financial metrics
Module 3 Self-scoring quiz
Meets AICC and SCORM standards.
Standards based and interoperable with most LMS (learning management systems)
Learn now online: 30-day subscription: US$40.00
Each 30-day subscription includes a complimentary copy of the 31-page whitepaper Business Case Essentials (PDF edition, a $12 value).
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