Project Business Case: Write an Effective Project Proposal

Project Business Case: Write an Effective Project Proposal

Assessment

Interactive Video

Business

12th Grade - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video tutorial explains the importance of creating a robust business case for projects, as recommended by the Gartner Group. It outlines the steps to develop an effective project proposal, emphasizing the need to understand the audience, engage stakeholders, and conduct a thorough investment appraisal. The tutorial also details the structure of a business case, including sections like the executive summary, rationale, analysis, and approval process, along with the use of appendices.

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the primary purposes of a business case?

To eliminate all project risks

To justify the decision to proceed with a project

To increase project costs

To reduce stakeholder involvement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does a business case play in risk management?

It only focuses on financial risks

It identifies and communicates project risks

It eliminates all risks

It ignores potential threats

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the primary targets of a project proposal?

The competitors

The media

The decision makers

The general public

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to understand the audience of a project proposal?

To focus solely on financial aspects

To make the proposal as generic as possible

To tailor the proposal to the needs and influence of the audience

To ensure the proposal is ignored

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in creating a business case?

Conducting a risk analysis

Drafting the executive summary

Engaging with stakeholders

Building an investment appraisal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of maintaining a business case throughout a project?

To ignore any project changes

To adapt to changes and update decision makers as needed

To finalize the project without further review

To ensure it remains static

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which section of a business case provides a summary for decision makers?

Rationale

Analysis

Executive Summary

Appendices

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