Sections of a business plan gc services

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Sections of a business plan gc services

About this Guide Background The catalyst for bringing more rigour to the development of business cases stems from a combination of several factors, including the Treasury Board Policy Suite Renewal and results outlined in Chapter 3 of the November Auditor General Report.

Many consolidated efforts were undertaken to improve how investment decisions are made and supported and business results are measured in the Government of Canada GC.

sections of a business plan gc services

The GC, however, is not the only organization addressing how to optimize benefits from investments. Reference to the work of the following organizations can also be found in this document: Project Management Institute To help maintain the currency of this document, feedback and questions are welcomed.

The primary audience for this reference tool are GC program managers seeking approval for an activity, initiative, or project. The guide is meant to be used throughout the entire life cycle of the investment, including the approval stage, to ensure meaningful dialogue between managers and the approval or funding authority from the earliest possible time.

Furthermore, this document is intended to help clarify the purpose and structure of business cases across the GC. Within a GC context, a project is considered a set of time-bound activities that changes the capability of a program to deliver outcomes and benefits.

Regardless of the complexity and risk of the proposed investment, and whether or not Treasury Board project sections of a business plan gc services is being sought, this document should be used to guide the development of the investment's business case.

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To develop the content for a business case, the organization will also have to consider, among others, aspects of project management, outcome management, risk management, capacity management, and investment management.

Such considerations are necessary inputs for a successful business case. Context for this Work The key for developing a strong business case is a fundamental understanding of how each of its elements and concepts fit together.

In addition, knowledge of the relevant polices, tools, and frameworks referenced throughout the guide can have a dramatic impact on the strategic positioning of the business case and the subsequent delivery of the project. Embedded links to those supporting policies, tools, and frameworks and to additional sources of information are provided throughout the guide.

Much reference material on best practices was consulted during the development of the guide.

sections of a business plan gc services

Please refer to the Bibliography for the full listing. Knowledge and understanding of that underlying context will ensure development of a business case that is strategically well-positioned.

Though it is recommended that the policies be reviewed in full before developing the business case, a summary of the key relevant requirements under those policies follows.

Policy on Investment Planning - Assets and Acquired Services The objective of this policy is to contribute to the achievement of value-for-money and sound stewardship in government program delivery through effective investment planning. Effective investment planning should ensure diligent and rational resource allocation for both existing and new assets and for acquired services within existing departmental reference levels.

An investment is the use of resources with the expectation of a future return, such as an increase in output, income, or assets or the acquisition of knowledge or capacity. A department's investment planning is aligned with the outcomes as set out in its MRRS.

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The departmental investment plan is developed within the existing reference levels and complies with the Treasury Board Standard for Organizational Project Management Capacity and Standard for Project Complexity and Risk.

Policy on the Management of Projects The objective of this policy is to ensure that the appropriate systems, processes, and controls for managing projects are in place at a departmental, horizontal, or government-wide level and support the achievement of project and program outcomes while limiting the risk to stakeholders and taxpayers.

This policy applies to any GC project, which is defined as an activity or series of activities that has a beginning and an end, that has a clear schedule and resource plan, and that is required to produce defined outputs and realize specific outcomes in support of a public policy objective.

A project is undertaken within specific time, cost, and performance parameters. Standard for Organizational Project Management Capacity: The Organizational Project Management Capacity Assessment OPMCA provides the basis for determining the level of organizational capacity needed to manage projects and helps identify areas of capacity that should be improved or maintained.

Standard for Project Complexity and Risk: The Project Complexity and Risk Assessment PCRA provides the basis for determining the level of a project's risk and complexity and helps identify areas of project risk and complexity warranting further assessment and active risk management.

Under the Policy on the Management of Projects, the department must obtain Treasury Board approval for a project when the assessed risk and complexity of the project exceeds the assessed level of capacity that the sponsoring minister can approve.

The results of both the OPMCA and the PCRA can be used throughout the planning, development, and execution phases of a project to inform its implementation and gauge its progress.A Business Continuity Plan is a tool that allows institutions to not only to moderate risk, but also continuously deliver products and services despite disruption.

Additional resources Provincial/territorial emergency management organizations (EMOs) Consult your local or provincial emergency management for information specific to your region.

An overview of the products or services section of a small business plan, including what should be included and tips for writing an effective one. If you plan to go abroad, even on a day trip to the United States, you should purchase the best travel insurance you can afford before you leave Canada.

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Jun 25,  · 7 elements of a business plan that will help you to plan and succeed. How it Works Support It’s a high-level look at everything and should include information that summarizes the other sections of your plan. and other appearances to help raise your brand awareness and encourage people to buy or sign up for your products or services.4/4(26).

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