Les 23 - Business Case - Purpose

Question 1

Where does an organization’s project business case idea typically come from?

Answer 1

Higher-level management in an organization typically makes investment decisions. PRINCE2 shows the layer above the project, which is the business layer.

Question 2

Which document contains the business justification for the project?

Answer 2

Business case

Question 3

What is the purpose of the business case practice?

Answer 3

The business case practice aims to establish mechanisms to judge whether the project is desirable, viable, and achievable to support decision-making in its continued investment.

Question 4

Explain the term output.

Answer 4

The main output of the project

Question 5

Explain the term outcome.

Answer 5

The result of change from using the product (real-world behavior)

Question 6

Explain the term benefit.

Answer 6

The measurable improvement resulting from using the project output

Question 7

Is a 20% reduction in costs an output, outcome, or benefit?

Answer 7

Benefit

Question 8

What is a disbenefit?

Answer 8

An outcome perceived as negative by a stakeholder

Question 9

What measurable outcomes demonstrate progress in relation to the organization’s strategy and to which the project should contribute?

Answer 9

Business objective