PPM-001 Exam Dumps | If you need a business case for a project it is typically done in a separate document, often called as

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Question 71

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Question 71/108

If you need a business case for a project it is typically done in a separate document, often called as
___________________?

A. cost-benefit analysis

B. business analysis

C. risk analysis

D. structural analysis]

Correct Answer: B

A Business Case is a document that justifies the initiation of a project. It includes an economic feasibility study which demonstrates the benefits or business value to be created as a result of the project. The Business Case collects the proposal, strategy, and marketing plan in one document and offers a full look at how the project will benefit the organization. It is prepared during the project initiation phase and is used to convince stakeholders of the project's value and align it with the larger business objectives of the organization.
References: The information is verified as per the PMBOK Guide and other PPM reference materials, specifically the 6th Edition PMBOK Guide-Project Business Case1 and the PMI's resources on building a Business Case2.

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