Business Case Writing Business Case Structure and Components 2

Question 1

A 'logic model' in a business case visually maps the relationship between:

Accepted Answer

Inputs, activities, outputs, and outcomes of the proposed initiative

Answer

A logic model traces the causal chain from resources and activities to expected outputs and long-term outcomes, showing how the investment creates value.

Question 2

In US federal business case guidelines (e.g., OMB Circular A-11), which section documents how the investment supports agency mission?

Accepted Answer

Mission and business results linkage

Answer

Federal business cases must explicitly tie the investment to mission outcomes and performance measures in accordance with OMB guidance.

Question 3

The 'implementation plan' section of a business case typically includes:

Accepted Answer

Key milestones, resource requirements, and phasing approach

Answer

The implementation plan provides a high-level roadmap showing how the solution will be deployed, when, and with what resources.

Question 4

Why is it important to clearly state the business case's review and approval process?

Accepted Answer

To ensure the right people are involved at the right time to make timely decisions

Answer

A defined review and approval process prevents delays, clarifies who must sign off, and ensures governance requirements are met.

Question 5

Which component specifies measurable targets that define success for a business case investment?

Accepted Answer

Key Performance Indicators (KPIs) and success criteria

Answer

KPIs and success criteria provide objective, measurable standards against which the investment's performance will be evaluated post-implementation.

Business Case Writing Practice Test

Business Case Writing Practice Test

Business Case Writing Business Case Structure and Components 2