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newDATA ENTREVISTA
MAGAZINE
Scientific Management applied to decision
making in the context of investment projects
We had a conversation with Renato Lopes da Costa, CEO
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of BUSINESS CASE INSTITUTE , and wanted to know
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everything about BCI , a non-profit organization that has a
project evaluation methodology that promises disruption
through the use of scientific methods, providing rigor and
lack of biases to financial decisions.
How did BCI come about and what is it methodology epitomizes the best practices
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dedicated to? used in Business Cases in a wide variety of
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BCI was created in London in October 2015 areas. Besides BCBOK , BCI grants access to
by a group of management consultant a set of tools that support the completion of
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professionals coming from different the Business Case, called BC TOOLKIT .
backgrounds, cultures, and industries. Their What is the difference from more traditional
valuable expertise in the business case field approaches?
consolidated BCI® as an independent
professional organization. There is an urgent need for business leaders
to apply practices that improve workplace
Who is BCI for? performance consistently and predictably.
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BCI is destined for all professionals This is directly consequent of today's volatile
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working or striving to work in management environment driven by technological
roles, particularly those who make decisions innovation and globalization, leaving
on investment allocation - business companies in continuous pursuit to rebuild
practitioners, consultants, business analysts, their organizational mission and make
systems analysts, budgeting and control investment allocation.
managers, project managers, researchers,
directors, and top management. BCI helps our Many organizations still support their
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Association Members leverage their management decisions on assumptions that
knowledge, foster their contacts worldwide lead to improper use of the resources available
and enhance their professional performance to and ultimately hamper their survival and the
succeed in their professional endeavors. sustainability of their habitat.
From what we can see, BCI uses its own According to Leandro Pereira, President of
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methodology, what does it consist of? BCI , the barrier to successful investment
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BCI developed a methodology of project decisions is basing them on biased
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management collectively described in the assumptions, leading to inaccuracy due to the
Business Case Body of Knowledge , lack of scientific techniques and tools to
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commonly referred to as BCBOK . This validate the results under analysis.
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