Quiz Part 2

Question 1

Define business case

Answer 1

It is where we defined the project and justify project, and how to maintain the project.

Question 2

What is Factoring for optimism bias?

Answer 2

Understated costs + overstated benefits + understated environmental impact + overstated economic impact = project approval

Question 3

What is a stakeholder?

Answer 3

A party with an interest in the project process or outcome

Question 4

Stakeholders: failure or sucess?

Answer 4

Lack of user involvement
Lack of management support
Unrealistic user expectations
Failing to recognise the real requirements of a key customers group
Failing to gain a shared understanding of the outcome
Is it possible to satisfy all stakeholders all the time?
–> No, needs a strategy on which ones are the most important.

Question 5

Stakeholders: failure or sucess?

Answer 5

Lack of user involvement
Lack of management support
Unrealistic user expectations
Failing to recognise the real requirements of a key customers group
Failing to gain a shared understanding of the outcome
Is it possible to satisfy all stakeholders all the time?
–> No, needs a strategy on which ones are the most important.