Business Case Theme Flashcards

1
Q

Mandate contains

A

the reason

the project tolerances

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2
Q

D________, V________, A_________

A

desirable
viable
achievable

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3
Q

Three actions taken throughout project

A

Develop

Verify OBC
Verify Detailed BC
Verify Updated BC

Maintain

Confirm Benefits

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4
Q

When do we finalise the BMA

A

Closing a Project process

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5
Q

When and by who is the OBC created?

A

Exec

during SU process

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6
Q

When do we create the BMA

A

IP process

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7
Q

What is the output v the outcome

A

Output is our deliverable

Outcome is the change (in behaviour, way of working or doing things)

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8
Q

What is a negative outcome?

A

A disbenefit

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9
Q

how is the BC used in controlling a stage for risks, issues and change?

A

For impact analysis

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10
Q

What must be created and maintained throughout the project

A

Business justification for the project

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11
Q

What happens to the business justification after an event?

A

It is reviewed and updated

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12
Q

What must to defined in order to ensure project outcomes are achieved?

A

Management actions

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13
Q

In what must the R&Rs be defined and documented?

A

BC

BMA

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14
Q

If the project is part of a programme will the BC content be increased or reduced?

A

Reduced.

The BC is likely to be aggregated into the programme’s business case

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15
Q

Who is accountable for the supplier’s business case?

A

Senior Supplier

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16
Q

How is the PM informed of proposed or actual changes to the business case?

A

Project Support

17
Q

Who may prepare the BMA and business case on behalf of the Exec?

A

PM

18
Q

Who deals with measuring benefits?

A

Senior User

19
Q

Who is accountable for specifying benefits and desired outcomes? How?

A

Senior User

By ensuring the expected benefits are realised

20
Q

Who is accountable for the BC?

A

Exec