Podcast
Questions and Answers
What makes a business case incomplete, according to the text?
What makes a business case incomplete, according to the text?
- Inability to provide cost estimates (correct)
- Lack of risks involved
- Detailed component explanations
- Presence of realistic alternatives
Which factor is crucial for decision makers to consider when evaluating business cases?
Which factor is crucial for decision makers to consider when evaluating business cases?
- Realistic alternatives (correct)
- Detailed component explanations
- Vaguely specified risks
- Unavailable cost estimates
Why might decision makers sometimes feel pressured to accept recommendations?
Why might decision makers sometimes feel pressured to accept recommendations?
- Accurate cost estimates
- Unrealistic alternatives presented (correct)
- Clear identification of risks
- Lack of redundancy in the workforce
What is a common issue with the risks presented in business cases?
What is a common issue with the risks presented in business cases?
What is the purpose of presenting realistic alternatives in a business case?
What is the purpose of presenting realistic alternatives in a business case?
What could improved system performance contribute to?
What could improved system performance contribute to?
How is ROI calculated in the context of the provided example?
How is ROI calculated in the context of the provided example?
What is the possible impact on competitive advantages over time with the use of ROI?
What is the possible impact on competitive advantages over time with the use of ROI?
What is a risk associated with benefits based on unsafe assumptions?
What is a risk associated with benefits based on unsafe assumptions?
In the context of the e-commerce project, what does the maintenance cost represent over the years?
In the context of the e-commerce project, what does the maintenance cost represent over the years?
Why are the estimated benefits of the e-commerce project deemed to be based on unrealistic assumptions?
Why are the estimated benefits of the e-commerce project deemed to be based on unrealistic assumptions?
What is the primary purpose of initial scope verification in a project?
What is the primary purpose of initial scope verification in a project?
Which document is NOT typically an input for scope verification?
Which document is NOT typically an input for scope verification?
What is the main challenge in creating a good project scope statement?
What is the main challenge in creating a good project scope statement?
What is the critical factor in achieving project scope acceptance?
What is the critical factor in achieving project scope acceptance?
Which statement correctly describes the focus of next week's project discussion?
Which statement correctly describes the focus of next week's project discussion?
What is the primary role of the steering committee members in the project evaluation and selection process?
What is the primary role of the steering committee members in the project evaluation and selection process?
Which of the following is NOT a part of the project initiation process?
Which of the following is NOT a part of the project initiation process?
What is the purpose of a preliminary project scope statement?
What is the purpose of a preliminary project scope statement?
When is a business case presented to the steering committee?
When is a business case presented to the steering committee?
What is the goal of a business case?
What is the goal of a business case?
What is the primary purpose of a project charter?
What is the primary purpose of a project charter?
What is the primary purpose of a business case?
What is the primary purpose of a business case?
Who are the decision makers in an organization?
Who are the decision makers in an organization?
What is a common mistake when presenting a business case?
What is a common mistake when presenting a business case?
What is the role of a business case in relation to a project?
What is the role of a business case in relation to a project?
How should the benefits of a business case be presented?
How should the benefits of a business case be presented?
What is an example of an inappropriate use of a business case?
What is an example of an inappropriate use of a business case?
