What is a 5 case model?

The 5 case model is a framework used for evaluating and preparing business cases. It consists of five key components: the Strategic Case, Economic Case, Commercial Case, Financial Case, and Management Case. Each component serves a specific purpose and collectively ensures that a project or proposal is viable, achievable, and provides value for money.

This model is commonly used in public sector projects to aid in decision-making and to provide a structured approach to business case development.

Project Management related articles

Portfolios and portfolio management
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Understand the strategic benefits of project portfolio management in aligning projects with organizational goals. Learn more by reading on.
What is PMP® certification, its benefits, and how to get it?
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Learn why PMP® certification is regarded as the gold standard in project management and how it can boost your career. Read more for benefits and acquisition tips.
Exception management in PRINCE2
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Managing exceptions is vital to achieving success in PRINCE2 projects. This article demonstrates effective strategies for managing unexpected events to keep your project on schedule and achieve its goals.
Project communication plans
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Project success heavily depends on having an effective project communication plan. Our thorough guide helps you create an effective strategy to keep stakeholders informed and proactive during every stage of your project.
Is it worth doing a project management course?
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Is a project management course worth your time and investment? Discover the potential career benefits and make an informed decision by reading on.
Project management games: Best simulations and activities for teams
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A project management game is a structured activity or simulation that helps people practise project planning and delivery decisions in a low risk setting. Teams use it in training, onboarding and team building workshops to build skills such as scope, schedule, risk and stakeholder management, often drawing on PMBOK Guide and Agile methods.
PRINCE2 vs the PMBOK® Guide: A comparison
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This article offers a detailed comparison between PRINCE2 and the PMBOK® Guide, helping you understand their unique methods and frameworks. Scroll down for insights.
APM qualification cost
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Learn about the hidden costs associated with APM courses, including typical exam and material fees. Read on to plan your budget effectively.
Project delivery essentials
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Refine project delivery skills and improve your chances of landing the project management job you’ve been dreaming of.
Stakeholder Engagement: A Key to Project Success with David Longstaff
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Scroll down to watch the webinar, listen to the audio, access the presentation slides, and read the transcript. Start improving your stakeholder engagement today.
What is PRINCE2?
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PRINCE2 (Projects IN Controlled Environments) is a structured project management method used to plan, control and deliver projects through defined roles, stages and management products. It is used by project managers, project teams and governance groups such as a Project Board to improve control, business justification and delivery outcomes.
Project management apprenticeships
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Seeking a project management apprenticeship? This guide details the leading five apprenticeship programmes and providers across the UK. Acquire essential skills and start your professional journey while earning money.