4.1.2 Describe the Key Relationships Between the ‘business Case’ Practice and the Principles (5.7, Tab 5.2) PRINCE2-FOUNDATION-VERSION-7 Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   What is the relationship between the business case and product descriptions?

   • AProduct descriptions replace the business case
   • BProduct descriptions are used to create the business case
   • CThe business case is part of the product description
   • DThe business case defines the benefits that the products should deliver
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2. 7foundation · easy

   Which statement best describes the role of the business case practice in PRINCE2?

   • AIt is a mechanism to capture and communicate the reasons for the project and to support decision-making
   • BIt is a document that is created once and never updated
   • CIt is used only at the start of the project to secure funding
   • DIt is a tool for managing the project's schedule and resources
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4. 8foundation · easy

   Which role is responsible for approving the detailed business case?

   • AThe project board
   • BThe senior supplier
   • CThe project assurance
   • DThe project manager
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5. 9foundation · easy

   How does the business case practice support the principle of continued business justification?

   • ABy ensuring the project has a detailed schedule and resource plan
   • BBy providing a mechanism to verify that the project remains desirable, viable, and achievable throughout its life
   • CBy defining the project's quality standards and acceptance criteria
   • DBy establishing the project's communication plan
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6. 10expert · hard

   A large infrastructure project is in stage 3 of 5. The project board has just approved the stage 4 plan. The senior user has now reported that the expected benefits will be 10% lower than originally forecast. The project manager has updated the business case. What is the most appropriate action for the project manager?

   • AUpdate the business case and inform the project board at the next stage boundary.
   • BContinue with stage 4 as planned, since the stage plan has already been approved.
   • CEscalate the change to the project board as an exception, since the business case is no longer viable.
   • DAssess the impact on the business case and, if it is still viable, continue; if not, escalate to the project board.
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