Business Case Essentials Quiz
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Questions and Answers

What is the purpose of a business case?

  • To convince key decision-makers of the merits of a particular course of action (correct)
  • To describe the project brief
  • To outline the research process
  • To explain how a project plan will be executed

    • What does a good business case do?

  • Explains how a project plan will be executed
  • Outlines the research process
  • Describes the project brief
  • Explains the problem, identifies possible options, and allows decision-makers to choose the best course of action (correct)

    • What is assumed before writing a business case?

  • The project brief has been written
  • The project plan has been executed
  • A fair amount of research into the problem and possible solutions has been carried out (correct)
  • The scope and time-scale of the project have been assessed

    • What does the business case allow for?

    <p>Assessment of changes to the scope or time-scale of the project against the original purpose</p> Signup and view all the answers

    What is the structure of a business case intended to do?

    <p>Lead the reader through the business case</p> Signup and view all the answers

    What is the purpose of a business case?

    <p>To capture the reasoning for initiating a project or task</p> Signup and view all the answers

    How is a business case often presented?

    <p>In a well-structured written document or as a short verbal agreement</p> Signup and view all the answers

    What does a compelling business case capture?

    <p>Both the quantifiable and non-quantifiable characteristics of a proposed project</p> Signup and view all the answers

    According to the Project Management Institute, what is a business case?

    <p>A value proposition for a proposed project that may include financial and nonfinancial benefit</p> Signup and view all the answers

    What is the logic behind the business case?

    <p>Whenever resources such as money or effort are consumed, they should be in support of a specific business need</p> Signup and view all the answers

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