Business Case Flashcards
What is the purpose of the business case?
To document the business need for the project and determine whether the investment in the project is worthwhile.
Which section of a business case explains the project, including the business need or demand that’s driving the project, a list of high-level deliverables and desirable outcomes, and the impact to the organization if the project is not implemented?
Description
Which section of a business case explains the benefits to the organization for undertaking the project?
Justification
Which section of a business case explains how the project and its outcomes will align to the organization’s overall strategic plan?
Alignmnt to the Strategic plan
Which section of a business case is anyone who has a vested interest in the project?
Stakeholders
Which section of a business case explains the problem or opportunity the project presents?
Analysis of the Problem or Opportunity
Which section of a business case explains known risks?
High-Level Risk Analysis
Which section of a business case explains costs, the feasibiliy of implementing each alternative, the expected results of each alternative solution, and a description of any impacts to the organization as a result of this solution?
Alternative Solutions
Which section of a business case includes a summary of the analysis performed to determine the solution, an explenation of the high-level risks assiciated with the solution, a description of the constraints and assumptions, and a high-level plan documenting the major milestones, high-level time-line, and project dependencies?
Recommended Solutions
What can determine whether the project is doable and likely to succeed?
A Feasable Study
Are feasable studies included in all business cases?
No
