Business Case Development for Government
Why Choose Ideas Advisory for Your Business Case Development?
An Ideas Advisory developed business case builds a compelling argument for a funding body to invest in your project. Our expertise ensures your proposal stands out, demonstrating the true value it delivers.
The Importance of Focused Investments
For any organisation, especially in the government sector, it is crucial to focus on investments that deliver genuine value. These investments can include assets and outputs, innovations, business ventures, relocations, new products and services, and IT initiatives. The decision to accept or reject these investments hinges on the value or benefits they promise.
The Role of a Compelling Business Case
In an environment where there are always more projects than available funds, many worthy investments fail to get off the ground. A key reason for this is often the lack of clarity in the business case, specifically in articulating the ‘why’. A robust business case must provide a clear explanation of the problem being solved, the benefits to be delivered, and the strategic response it achieves for stakeholders.
Key Questions for Decision-Makers
Before committing to an investment, decision-makers need confidence that the business case answers the following questions:
- What is the problem, issue, or service need?
- What are the benefits of addressing this problem?
- What strategic options should be considered?
- Is there a compelling case for investment?
Our Approach at Ideas Advisory
At Ideas Advisory, we specialise in preparing robust and compelling business cases that support our clients in designing, funding, and implementing sustainable, well-designed projects and services.
We work closely with clients to delve into the details of their projects and prepare compelling business cases. Our business cases do more than just convince funders to support the project; the detailed assessment ensures that proponents feel confident the venture makes financial sense for their organisation while highlighting the social and economic benefits to the community.
Beyond the Concept
A brilliant concept alone isn’t enough to secure financial backing from either the government or the private sector. You need a strong business case to demonstrate that your project is necessary, deliverable, and cost-effective.
Partnering with Trusted Professionals
In developing our clients’ business cases, we collaborate with a range of trusted professionals tailored to the needs of individual projects. Our established relationships with economists, data scientists, gender specialists, project management experts, and more ensure that the advice provided is reliable and of the highest standard.
At Ideas Advisory, our goal is to ensure that every business case we develop is not only compelling but also strategically aligned with the needs of stakeholders and the community. Trust us to help you secure the investment you need for your next big project.
Information on the Victorian Government Business Case policies that Ideas Advisory follows.
Information on the Victorian Government Business Case templates that Ideas Advisory uses.
Link to the DTF Investment lifecycle and high value high risk guidelines.