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Business Case Development Chain

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Submitted Jul 18AI evaluated Jul 18

Prompt

# 5-Step Business Case Development Chain

## Step 1: Opportunity Definition & Problem Statement
**Input:** Business initiative or project proposal
**Task:** Define opportunity and articulate problem statement
**Output:** Clear opportunity definition

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**Instructions for Step 1:**
For initiative: {business_initiative}

Define:
- Current state problem or opportunity
- Business impact and consequences
- Stakeholder needs and requirements
- Success vision and outcomes
- Scope and boundaries

**Pass to Step 2:** Opportunity definition

---

## Step 2: Solution Analysis & Option Evaluation
**Input:** Opportunity definition from Step 1
**Task:** Analyze potential solutions and approaches
**Output:** Solution options with evaluation

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**Instructions for Step 2:**
Evaluate solutions:
- Alternative approaches and options
- Technology and implementation choices
- Resource requirements comparison
- Timeline and complexity analysis
- Risk assessment for each option

**Pass to Step 3:** Solution analysis

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## Step 3: Financial Analysis & ROI Calculation
**Input:** Solution analysis from Step 2
**Task:** Conduct comprehensive financial analysis
**Output:** Financial model with ROI projections

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**Instructions for Step 3:**
Analyze financials:
- Investment requirements and costs
- Revenue projections and benefits
- ROI and payback period calculation
- Net present value analysis
- Sensitivity and scenario modeling

**Pass to Step 4:** Financial analysis

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## Step 4: Risk Assessment & Mitigation Strategy
**Input:** Financial analysis from Step 3
**Task:** Identify risks and develop mitigation strategies
**Output:** Risk register with mitigation plans

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**Instructions for Step 4:**
Assess risks:
- Implementation and execution risks
- Market and competitive risks
- Technology and operational risks
- Financial and regulatory risks
- Mitigation strategies and contingencies

**Pass to Step 5:** Risk assessment

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## Step 5: Business Case Documentation & Recommendation
**Input:** All previous analysis
**Task:** Create comprehensive business case document
**Output:** Complete business case with recommendation

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**Instructions for Step 5:**
Document business case:
- Executive summary and recommendation
- Problem statement and solution overview
- Financial analysis and projections
- Risk assessment and mitigation
- Implementation plan and timeline

**Final Output:** Complete business case ready for stakeholder review and approval

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