Purpose of the Business Case Theme

Business Case

Question

Which is a purpose of the Business Case theme?

Answers

Explanations

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A. B. C. D.

D.

The Business Case theme is one of the seven themes in the PRINCE2 project management methodology. Its purpose is to provide a structured approach for developing and maintaining a justification for the project. The Business Case is a document that outlines the rationale, costs, benefits, and risks of the project, and is used to determine whether the project is viable and worth pursuing.

Out of the options provided, option D, "Establish a viable investment proposition," is the correct answer. The purpose of the Business Case theme is to ensure that a viable investment proposition is established for the project. This means that the Business Case should provide a clear and convincing justification for why the project is needed, what benefits it will deliver, and how much it will cost.

The Business Case should also consider the risks associated with the project and provide a realistic assessment of the expected return on investment. The Business Case is not a static document, but should be reviewed and updated regularly throughout the project to ensure that it remains valid and relevant.

Option A, "Identify which role is responsible for producing the Business Case," is not a purpose of the Business Case theme, but rather a component of the theme. The Business Case should clearly identify who is responsible for producing and maintaining the document.

Option B, "Identify the project's outputs," is not a purpose of the Business Case theme, but rather a component of the PRINCE2 Product-Based Planning technique, which is used to identify and plan the creation of project outputs.

Option C, "Establish the controls to manage changes that may impact the project benefits," is not a purpose of the Business Case theme, but rather a component of the Benefits Management approach, which is used to identify, plan, and realize the expected benefits of the project. However, the Business Case does play a role in Benefits Management, as it provides the justification for the expected benefits and is used to measure the project's success in realizing those benefits.