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

The problem or opportunity statement defines the current situation, why it is unsatisfactory, and what outcome the organization is trying to achieve.

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

Best practice requires presenting multiple realistic options—including do nothing—so decision-makers can see how the recommended option compares.

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

The business case justifies the investment, while the project charter formally authorizes the project manager to proceed with resources once the business case is approved.

Question 4

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

Accepted Answer

Strategic alignment section

Answer

The strategic alignment section explicitly links the proposed investment to the organization's goals, mission, and strategic priorities.

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 scope statement prevents scope creep by clearly delineating what the project will and will not address.

Business Case Writing Practice Test

Business Case Writing Practice Test

Business Case Writing Business Case Structure and Components