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Business Case Study - Assignment

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Added on  2021-06-16

Business Case Study - Assignment

   Added on 2021-06-16

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Business Case TitleSubtitleDepartment Title[This should be the publication title for the initiative, if it were to be funded in the budget process.]STRATEGIC ASSESSMENT [Please note:1.This template can be used for both capital and output proposals with modification for output initiatives as appropriate.2.When completing this template you should refer to the investment lifecycle and high value/high risk guidelines and associated technical guidelines for more detailed explanations. 3.The extent of detail should be scaled to the relative complexity of the proposal and some areas may not be relevant for all proposals.4.The project options analysis (Section 4) requires a consistent methodology applied to analysis of options with a level of accuracy consistent with ‘concept estimate’ at a minimum. The analysis should be evidence based and defensible with estimates of capital costs, cash flows and ongoing output or operating costs sufficient to robustly compare options.5.The recommended solution (Section 5) requires a detailed cost build-up with significant rigor based on a design brief or project scope statement. Accuracy of information in relation to the recommended solution should be at a level of accuracy consistent with that of a ‘preliminary design estimate’.6.Any text included in [ ] is for guidance only and should be deleted.7.Forward any comments to investment.matters@dtf.vic.gov.au]
Business Case Study -  Assignment_1
ContentsExecutive summary11.Part 1 Problem21.1Background......................................................................................................................21.2Definition of the problem.................................................................................................21.3Evidence of the problem..................................................................................................21.4Timing considerations......................................................................................................21.5Consideration of the broader context..............................................................................32.Part 2 Benefits42.1Benefits to be delivered...................................................................................................42.2Importance of the benefits to Government.....................................................................42.3Evidence of benefit delivery.............................................................................................42.4Interdependencies...........................................................................................................43.Part 3 Strategic response53.1Method and criteria.........................................................................................................53.2Strategic options analysis.................................................................................................53.3Recommended strategic option.......................................................................................84.Part 4 Project options analysis94.1Project options considered..............................................................................................94.2Stakeholder identification and consultation....................................................................94.3Social impacts.................................................................................................................104.4Environmental impacts..................................................................................................104.5Economic impacts..........................................................................................................104.6Overall evaluation of socio-economic and environmental impacts................................104.7Financial analysis............................................................................................................114.8Risk comparison.............................................................................................................114.9Integrated analysis and options ranking.........................................................................115.Part 5: Deliverability of recommended solution145.1Details of recommended solution..................................................................................145.2Commercial and financial...............................................................................................145.3Management..................................................................................................................175.4Delivery17Appendix A: Benefit Management Plan19Appendix B: Financial data presentation20Appendix C: Sign-off checklist22
Business Case Study -  Assignment_2
Executive summary:The number of ageing people living in Australia is rising. These people face problemslike disabilities and lack of social acceptances. The paper aims to study an innovative mobile application called Mediapp to help them deal with the problem.Business Case TitleSubtitle1
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1.Part 1ProblemThe new application would be called Mediapp which would solve the problem people with disabilities living in Australia face.1.2BackgroundThe new product would be an innovative medical assistance application accessible onmobile smart phones which would enable people meet their medical needs. According to the Australian Bureau of Statistics, the number of people with disabilities is around 4.3 million in 2015. Among the 4.3 million people, 78.5 percent suffer from long term physical disabilities while 21.5 percent people suffer from mental and behavioural issues. The average age group of the disabled people range from 15 to 64 years (abs.gov.au, 2018). The information is further substantiated by the fact that with increasing life expectancy among Australians, the tenure of suffering from chronic and serious illness has also increased (abc.net.au, 2018). The present level of assistance which these aged people get in the Australian society is notsufficient and often face indignity due to their disabilities. As per the Australian Human Rights Commission the Government of Australia has to play a significant roleand support innovations in helping out the ageing people residing in Australia (humanrights.gov.au, 2018). This high number of suffering aged Australian population call for a medical help service they would be accede to on their mobile smart phones. The innovative medical app called Mediapp would enable the aged people to seek medical assistance from the nearest government health facilities. They can also seek advice regarding medicines, the availability of the medicines and other health related advices. The users would also be able to call doctors and ambulances incase of emergency using the app. The stakeholders of the service would be government, the medical facilities, the ageing people, their family members and the society in general. Definition of the problemThe problem that the application would deal with is the lack of medical care and support which the ageing population of Australia suffer from. The cause of these issues faced by the ageing people of Australia can attributed to several factors. The first factors is gross lack of ethics and responsibility among the younger population ofAustralia. The second factor is that these ageing people suffer from disability and mobility issues, thus find it difficult to commute to hospitals and other medical services (theconversation.com, 2018). The problem is ongoing and escalating at a very fast rate which requires prompt government and social intervention.1.3Evidence of the problemThe escalating problem of suffering of the ageing Australians have been mentioned inseveral publications which proves the seriousness of the issue. The Australian Institute of Family Studies points out the ageing creates social, physical and economic challenges (abc.net.au, 2018). The issue also creates a challenge for the government to put up a social support system for these people. The body mentions that 1901 only 4 percent population in Australia was beyond 65 years. The number 2Department Title
Business Case Study -  Assignment_4
reached 14 percent in 2011 and is estimated to reach 25 percent by 2101 (aifs.gov.au, 2018). This clearly proves the growing needs of the ageing population of Australia. 1.4Timing considerationsThe problem of the challenges the ageing population face in Australia is escalating at a fast rate and needs to be dealt with. The documents published by the Australian Bureau of Statistics show that over 35 percent job seekers aged over 55 years stop seeking jobs due to workplace injustice like disparity in salary which they face. The employers regard their physical disabilities as grounds on the basis of which they facethese injustices (smh.com.au, 2018). The business organisations by doing this fail to take advantage of the professional experiences of the aged employees which affects their long term growth (Pool et al., 2015). The government too needs to form stricter legislations to improve the conditions of the ageing population (humanrights.gov.au, 2018). Failure to implement steps to deal with the issue would lead to severe reduction productivity and services in the business organizations and the economy as a whole.1.5Consideration of the broader contextThere are several health related applications available on smart phones but very few medical related applications. This would provide opportunities to introduce an innovative application which would integrate both health app and medi-app (theaustralian.com.au, 2018).Business Case TitleSubtitle3
Business Case Study -  Assignment_5
2.Part 2BenefitsThe innovative application would help in increasing the asset in the Australian society to deal with the problems of the ageing people. The innovation would benefit the ageing population of Australia by enabling them to obtain health assistance and medical advice with the help of a single smart phone application. The improvement inthe level of self-dependency among the aged people and improve in their health conditions would provide evidence to the benefit of the app. The improvement in the lifestyle of the ageing population would also be measurable in terms of economic benefits (Jin et al., 2015). For example, the ageing people using Mediapp would be able to get access to timely advices and medical services. This would save them from incurring expenditures like travelling to hospitals just to seek medical advices and undergoing unnecessary pathological tests. The amount of money they would save would show the benefit these ageing people have derived from using Mediapp.2.2Benefits to be deliveredThe application of Mediapp to help the ageing population in Australia seek medical assistance and advices which would allow them to derive them certain key benefits:2.2.1Improved standard of life:The ageing population of Australia would be able to avail medical assistance which would improve their health and standards of life. They would experience improvements like better control over health issues like diabetes and obesity which would boost their self-confidence. This would enhance their social participation once again improving their life standards (Blackman et al., 2016).2.2.2Professional development:The application of Mediapp would improve the standard of life of the ageing people which would enable them to seek more job opportunities and professional development. This would in turn enable them to earn more salary which would promote their standard of lives (Gordon, 2017).2.2.3Improved productivity in business organizations:The business organizations would benefit from the benefit Mediapp would bring to the ageing population of Australia. The improvement in the health standards of the ageing people would enable them to obtain jobs in business organizations. The business organizations would in turn benefit from their experiences which would promote their increase in productivity. Thus, business organizations would benefit from Mediapp as well (Bloom et al., 2015).2.3Importance of the benefits to GovernmentThe following are the benefits which the application, Mediapp would bear for the Government of Australia:4Department Title
Business Case Study -  Assignment_6

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