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1. What is the primary purpose of a project business case?
Authorize the initiation of a project.
Determine whether a project should be done based upon an ROI perspective.
Define the business units and the points of contact for those involved on the project.
2. Which business function should prepare a project business case?
The function doing most of the work on the project.
A cross-functional team.
3. What is needed to be able to calculate the ROI for a project business case?
A financial estimate of all project costs and project benefits allocated by year.
A risk mitigation strategy for all project risks.
A target payback date, target NPV value or target IRR.
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