les 25 - business Case - Technique Flashcards
What are the four steps in the PRINCE2 technique for business case management?
Develop, Check, Maintain and Confirm benefits
Who develops the business case and when?
The project executive develops the outline business case in the pre-project process. More details are added by the project manager at the end of the initiation stage.
Who checks the business case at the end of each stage?
The project board checks the business case at the end of each stage. The project board wishes to see if continuing the project is still worth it.
Who maintains the business case?
The business case is maintained by the project manager. It is continually reviewed and updated with actual progress & forecasts.
Can benefits be realized during the project?
Yes, some benefits may be realized during the project. For example, apartments are sold off during the project and before the building is complete.
Which role provides the benefits information after the project has closed?
The senior user role specifies the benefits and provides information on realized benefits during and after the project.
Which document provides a complete and firm foundation to initiate the project?
Project brief
What is the purpose of documenting the business justification for undertaking a project?
Business case
Which document defines the benefits management actions and reviews?
Benefits management approach
Which document defines the actions, reviews, and controls for sustainability performance targets?
Sustainability management approach
Fill in the blank: The project _______ checks the business case at the end of each stage.
[project board]
True or False: The project manager is responsible for developing the initial business case.
False
Fill in the blank: The _______ role specifies the benefits during the project.
[senior user]
What document is continually reviewed and updated with actual progress & forecasts?
Business case
