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Last edited 28 Apr 2021
Five case model
Guide to developing the project business case, Better business cases: for better outcomes, published by HM Treasury in 2018, defines the five case model as: ‘A systematic framework for the development and presentation of the business case, comprised of the strategic, economic, commercial, financial and management dimensions of the Case.’
Digital Twin Toolkit, Developing the business case for your digital twin, published by cdbb in February 2021, suggests: ‘…the HMT five case model provides guidance to support the development of a holistic and compelling business case covering the strategic, economic, financial, management and commercial cases. It helps the owner to systematically consider and present the impact of the new technology.’
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