Glossary term

Business case

A business case is a decision document that explains why an initiative should proceed, what problem it addresses, which alternatives were considered, what resources it requires, and how benefits, costs, risks, assumptions, and outcomes will be governed. For procurement automation, the strongest cases separate measured baseline facts from estimates and show scenario ranges rather than single-point outcome claims.

A business case is a decision document that explains why an initiative should proceed, what problem it addresses, which alternatives were considered, what resources it requires, and how benefits, costs, risks, assumptions, and outcomes will be governed. For procurement automation, the strongest cases separate measured baseline facts from estimates and show scenario ranges rather than single-point outcome claims.

In plain English

It is the evidence-based argument for investing in a change.

Illustrative example

At Northstar Industrial Systems, the team documents current coordination hours, implementation costs, adoption dependencies, and conservative, expected, and high-opportunity scenarios for review.

Related terms
Baseline; Payback period; Return on investment; Success metric
Lifecycle stages
Strategy; Discover; Approve
Stakeholders
Executive leadership; Procurement; Finance; IT and Security

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