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Which best describes the purpose of a Business Case?

  1. Used to define how and when a measurement of the project's benefits can be made
  2. Documents the justification for undertaking the project, based on estimated costs, the benefits to be gained and offset by any associated risks
  3. Allows the Project Board to manage by exception throughout the project through providing continuous justification
  4. Describes the specific risk management techniques and standards to be applied throughout the project

Answer(s): B



Which best describes the purpose of a Benefits Review Plan?

  1. Used to define how and when a measurement of the project's benefits can be made
  2. Documents the justification for undertaking the project, based on estimated costs, the benefits to be gained and offset by any associated risks
  3. Provides all the right infiormation for decisions to be made regarding continued business justification
  4. Describes only those benefits to be delivered during the project

Answer(s): A



Which best describes a purpose of the Business Case theme?

  1. Provides full details of any risks related to the project
  2. Provide a forecast for the project objectives and the project's continued viability
  3. Establish ways of judging whether the project is, and remains viable, desirable and achievable to assist with decision making
  4. Specifies the ways in which the project will deliver the chosen business solution

Answer(s): B



Any project outcomes perceived as negative by one or more stakeholders would be documented in which product?

  1. Risk Management Strategy
  2. Issue Register
  3. Business Case
  4. Project Product Description

Answer(s): C






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