What is a key consideration when preparing a Full Business Case (FBC)?

When preparing a Full Business Case (FBC), demonstrating that the project is 'unequivocally' affordable is a crucial consideration. This involves providing a comprehensive financial analysis that confirms the project's costs can be met through available resources without jeopardizing other operations. Establishing affordability is essential because it helps stakeholders understand that the project won't create funding issues or strain financial resources in the organization.

This financial assurance builds confidence among stakeholders and decision-makers about the viability of the project. It also plays a significant role in risk assessment, as demonstrating affordability can help identify potential financial hurdles early in the project lifecycle and allow for planning to mitigate those risks. A thorough assessment of costs, revenue projections, and funding sources contributes to ensuring that the project can proceed without risking the organization’s fiscal health.