The PRIMARY reason for using quantitative criteria in developing business cases for IT projects is to:
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A. B. C. D.C.
Quantitative criteria refers to the use of measurable and objective data in developing business cases for IT projects. The primary reason for using quantitative criteria in developing business cases is to improve the process of evaluating returns after implementation, which is option C.
Quantitative criteria provide a more objective and accurate means of assessing the potential benefits and costs associated with IT projects. It allows decision-makers to analyze and compare different projects based on their projected return on investment (ROI) and other key metrics. This can help organizations to identify and prioritize IT projects that are likely to generate the greatest value and contribute the most to achieving their strategic goals.
Benchmarking project success with similar enterprises, as in option A, can provide useful insights into how other organizations have approached similar projects and what outcomes they have achieved. However, it may not be the most relevant or accurate comparison, as each organization has unique goals, requirements, and constraints.
Learning lessons from errors made in past projects, as in option B, is important for improving future project outcomes. However, it is a retrospective approach that may not be applicable or relevant to the specific project being considered.
Applying other corporate standards to the development project, as in option D, is important for ensuring that the project meets organizational policies, guidelines, and requirements. However, it does not necessarily improve the process of evaluating returns after implementation.
In conclusion, the primary reason for using quantitative criteria in developing business cases for IT projects is to improve the process of evaluating returns after implementation.