When you have created a Parent Initiative such as a Program, with Children Initiatives, (i.e Components and Projects) Amplify automatically creates a Business Case for you. This can only happen when the Business Case configuration has been enabled in the Classifications settings of an initiative. When Business Cases have been enabled, this allows you to have reports throughout all the Projects within your Business Case. A Business Case may comprise multiple Projects of different durations.
Once a Business Case is created you can access it under the Properties View of the initiative dashboard. From here you can choose the discount rate and when it should start discounting.
In addition, where a Business Case has been created and Baselines have been enabled from the configuration section of the Classifications Settings, you are able to record a baseline and to perform options analysis.
A Business Case is created with default settings. You can edit the Business Case at any time via the Edit button on the Business Case section of the Properties view. Through the edit widget, the Start Date and Duration can be set, or alternatively, you can choose the make these automatically implemented. The Description and the Classification can also be changed as shown below.
To edit the settings:
- Click on the Edit button on the business case dashboard.
- Enter a Description of the Business Case.
- Selecting an Automatic Business Case will dictate the Business Case duration, taking into account all linked Investment and Benefit Return for the Program. (This is the recommended configuration.)
- Enter Start Date and Duration of the Business Case.
- Select the Classification you want to use for this Business Case. The Classification of the Business Case (investment type) will be used on the Enterprise Dashboard and on the Investment type initiative dashboard.
- Select a Discount rate and your desired Present Finacial Year.
- Click on Save to save the changes you have made to the settings.