A project manager has just been appointed to a newly approved project and has been tasked with developing the first draft of the project charter. To better understand the financials, the project manager decides to analyze the net present value and payback period calculated for the project. Select the information that the project manager can reference?
A. Project charter
B. Project budget
C. Benefits management plan
D. Business case
Answer:D
A project manager has just been appointed to a newly approved project and has been tasked with developing the first draft of the project charter. To better understand the financials, the project manager decides to analyze the net present value and payback period calculated for the project. Select the information that the project manager can reference?
A. Project charter B. Project budget C. Benefits management plan D. Business case
Explanation: The business case is an economic feasibility study used to better understand the business need for the project and determine whether the investment is worthwhile. In short, it justifies the need for the project and includes information such as the project description, high-level description of scope, analysis of the problem, financial analysis, and success factors.