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Question 407 - PRINCE2-7-Foundation discussion

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As part of the 'business case management' technique, how is the business case maintained during the project lifecycle?

A.
By linking the outcomes and benefits to the business objectives included in the business case
Answers
A.
By linking the outcomes and benefits to the business objectives included in the business case
B.
By updating the business case during each management stage, as actual costs are incurred
Answers
B.
By updating the business case during each management stage, as actual costs are incurred
C.
By providing a robust justification for the entire project in a detailed business case
Answers
C.
By providing a robust justification for the entire project in a detailed business case
D.
By justifying to the project board that the project should be initiated
Answers
D.
By justifying to the project board that the project should be initiated
Suggested answer: B

Explanation:

Maintaining the business case during the project lifecycle involves regularly updating it to reflect changes and actual experiences such as incurred costs. This ensures that the project remains viable and aligned with business objectives, as part of the continual justification process. The business case is dynamically managed to reflect any changes in the project's environment and is a fundamental part of the 'business case theme' in PRINCE2.

Reference: PRINCE2 7 Foundation source documents on business case management.

asked 23/09/2024
Chad Clark
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