Business Case Writing Business Case Structure and Components

Question 1

Which component of a business case describes the gap between the current state and the desired future state?

Accepted Answer

Problem or opportunity statement

Answer

Financial summary

Answer

Risk register

Answer

Implementation timeline

Question 2

The 'options analysis' section of a business case should typically include:

Accepted Answer

At least three options including the 'do nothing' baseline

Answer

Only the recommended option

Answer

Unlimited alternatives without evaluation

Answer

Vendor contracts only

Question 3

A project charter differs from a business case in that the project charter:

Accepted Answer

Formally authorizes the project to begin after approval of the business case

Answer

Contains the financial analysis

Answer

Is written before the problem statement

Answer

Replaces the need for stakeholder analysis

Question 4

Which element of a business case ensures alignment with the organization's long-term direction?

Accepted Answer

Strategic alignment section

Answer

Financial appendix

Answer

Risk register

Answer

Vendor evaluation matrix

Question 5

In a formally structured business case, the 'scope statement' defines:

Accepted Answer

What is included in and excluded from the initiative

Answer

The project budget only

Answer

Stakeholder salaries

Answer

The vendor's responsibilities

Question 6

Which business case section directly supports the 'go/no-go' decision by synthesizing all key findings?

Accepted Answer

Conclusions and recommendations section

Answer

Technical appendix

Answer

Glossary of terms

Answer

Vendor profiles