Business Case Theme

Correct Answer: To be accountable for managing the delivery of benefits and reporting on actual progress against forecast benefits

The Benefits Realization Manager is responsible for managing the delivery of benefits and tracking actual progress against forecasted benefits. This role involves ongoing measurement, monitoring, and reporting on whether benefits are being achieved as planned. The first option correctly states the accountability for managing benefit delivery and reporting on progress against forecasts, which is the core function of this role. The second option only describes creating a list of potential benefits, which is just one initial task rather than the complete role function. The third option focuses on documentation during initialization, but the Benefits Realization Manager's role extends throughout the project lifecycle, not just during initialization. The fourth option describes transforming outputs into outcomes through stakeholder engagement, which is related but not the primary responsibility of a Benefits Realization Manager, whose main focus is on tracking and reporting benefit realization.

Correct Answer: All costs involved in developing, producing and maintaining the products

The 'Costs' section of a Business Case in PRINCE2 should include all costs involved in developing, producing, and maintaining the products. This is because the Business Case needs to demonstrate the project's viability throughout its entire lifecycle, not just a portion of it. PRINCE2 emphasizes that the Business Case should consider the total cost of ownership, which means accounting for all expenses from initial development through ongoing maintenance. Other options are incorrect because they offer incomplete cost perspectives. Focusing only on current stage costs ignores future expenses that impact overall viability. Limiting to team member budget allocations omits many other cost categories. While risk-related financial expenses are important, they represent just one component of the comprehensive cost picture needed in a Business Case.

Correct Answer: Business Options

The Business Options section of a PRINCE2 Business Case is specifically designed to evaluate different approaches to delivering the project outcome. This section examines alternative ways to achieve the project's objectives, comparing options such as "do nothing," "do minimum," and various implementation approaches. The other options are incorrect: "Strategic alignment and corporate objective mapping" focuses on how the project aligns with organizational strategy and goals, not on evaluating delivery approaches. "Benefit tolerance thresholds" relates to the acceptable ranges within which benefits can vary during monitoring and control, rather than comparing delivery methods. "Risk management provisions" addresses how risks will be handled throughout the project lifecycle, but does not evaluate alternative delivery approaches.