What is a Business Case and Why Would You Need One? (Video)

What is a Business Case and Why Would You Need One? (Video)

A business case justifies initiating a project, detailing necessary resources and benefits, and providing critical data for informed decision-making. It helps prioritize projects in line with the overall strategy and manage the scope of a project during the initial planning stage. The business case measures how well the organization planned and implemented the project after completion. Thorough and comprehensive business cases are recommended, and some companies offer business case software.

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What is the difference between innovation and R&D?

The article explains the difference between R&D and innovation and how they complement each other. R&D involves new product and service development while innovation focuses on adding value for customers and expanding business capabilities.

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Introduction to Design Thinking Methodology

Learn about the five-stage process of Design Thinking Methodology that teams use to solve complex problems by empathizing, defining, ideating, prototyping, and testing.

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