Part 2 criteria
· Demonstrate ability to critically apply knowledge of policies and strategies and global developments in healthcare to the local situation (25%)
· Recognises and respects the different needs and expectations of various stakeholders (10%)
· Devises objectives which are SMART (10%)
· Demonstrates ability to apply economic and financial theory to the calculation of costs and the evaluation of options (25%)
· Constructs a clear, coherent and well-structured argument, using Harvard referencing (10%)
Required structure for the business case
· Executive summary
Maximum one side of A4
NOT an introduction; needs to say what the recommended option is, what it costs and its major benefits
NOT included in the word Count
· Contents page
NOT included ¡n the word count
· Introduction
Needs to do two things:
o Give brief facts about the situation (service provided, where, who, how many)
o State the problem the proposal will address
· Strategic Context
Set the situation in its context — fit with strategic plans and objectives; relation to best practice across the world; stakeholder analysis
· Aims and Objectives
Aim — desired long term outcome.
Objectives — the project will achieve these
· Options Appraisal including financial analysis
o Identify options — one is ‘no change’; need two to three others
o Outline the options
o Option appraisal – >3 options: financials; benefits; risk and sensitivity analysis
· Implementation and evaluation plan
o Gantt chart and commentary
o How the project success will be measured and when (links to SMART objectives)
· Summary recommendations
BulIet points are OX
· Appendices
NOT included in the word count
Detailed calculations, figures, reference material and other back up data to show detailed workings.
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