Prince2 Practitioner Exam: Outline Business Case in Project Brief | Project Management Certification

Outline Business Case

Question

M1ich statement is an appropriate entry for the outline Business Case heading within the Project Brief?

Answers

Explanations

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A. B. C. D.

C.

The outline Business Case is an important section within the Project Brief document that provides a high-level overview of the justification for the project. It outlines the expected benefits, costs, and risks associated with the project, and is used to determine whether the project is viable and should proceed to the next stage.

Let's analyze each statement to determine which one is an appropriate entry for the outline Business Case heading:

A. 10 year service contract should be agreed with the selected service provider. This statement is not an appropriate entry for the outline Business Case heading, as it does not provide any information about the justification for the project or the expected benefits and costs. It may be relevant to include in the procurement strategy or contract management plan, but it is not relevant to the outline Business Case.

B. External consultants were employed to conduct a feasibility study to identify the options, their likely costs and benefits. This statement is a good example of an appropriate entry for the outline Business Case heading. It provides information about the feasibility study that was conducted, which would have identified the options available and their likely costs and benefits. This information is crucial for determining whether the project is viable and should proceed.

C. The project will run for two years and the benefits will be realized over 1a years. This statement is partially relevant to the outline Business Case heading, as it provides some information about the expected benefits and duration of the project. However, it does not provide any information about the costs associated with the project, which are also an important consideration for determining its viability.

D. The project should be split into four management stages. This statement is not an appropriate entry for the outline Business Case heading, as it does not provide any information about the justification for the project or the expected benefits and costs. It may be relevant to include in the project plan or project management approach, but it is not relevant to the outline Business Case.

Therefore, the most appropriate entry for the outline Business Case heading would be option B: "External consultants were employed to conduct a feasibility study to identify the options, their likely costs and benefits." This statement provides important information about the justification for the project, and the expected costs and benefits, which are crucial for determining whether the project is viable and should proceed to the next stage.