Elements of a business case to explore both business and technic

What is the purpose of conducting a technical feasibility study?

• To manage project resources

• To develop a business case

• To conduct market research

• To create a plan for analysis, design, and implementation

What does a Business Feasibility study aim to identify?

• Employee satisfaction

• Technical requirements

• Problems and opportunities

• Project timelines

What is the business case used for?

• Justification for an investment decision

• Employee performance evaluation

• Product development

• Market analysis

What is the purpose of a feasibility study?

• To create a project charter

• To conduct customer surveys

• To manage project risks

• To assess the viability of a proposed project

What does a business case try to answer?

• What are the project timelines?

• Why should the business carry out a new project?

• How to write a business case

• What are the technical requirements?

What happens if a project business case is not anchored to reality?

• It is irrelevant

• It becomes more successful

• It is easier to manage

• It leads to higher costs

What is the ultimate question addressed by a business case?

• Whether the project aligns with the organization's mission

• Whether the project is technically feasible

• Whether the benefits of the project exceed the costs or risks

• Whether the project is financially viable

What are the elements of a business case necessary for project success?

• Solid justification and alignment with larger business objectives

• Minimal planning and limited resources

• High budget and extensive marketing

• Technical complexity and long timelines