Create business case

Trigger: A stakeholder identifies a strategic initiative, operational problem, or new project idea that requires formal funding and resource approval.

1. Define the current situation and underlying business problem
2. Identify and evaluate proposed solutions and alternatives
3. Conduct financial analysis including cost-benefit and return on investment estimates
4. Assess project risks and develop mitigation strategies
5. Compile the formal business case document with conclusions and recommendations
6. Present the final business case to decision-makers and investors

Outcome: A comprehensive business case document is finalized and submitted to decision-makers for project approval and funding allocation.