PMI
CAPM · Question #306
A business manager wants to start a project to launch a new product and submits a business case to the Portfolio Steering Committee for review. The committee asks the manager for details about the exp
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Project Management Fundamentals and Core Concepts
Question
A business manager wants to start a project to launch a new product and submits a business case to the Portfolio Steering Committee for review. The committee asks the manager for details about the expected business value of the project. How can the manager document the business value for the Portfolio Steering Committee?
Options
- ACreate a presentation outlining the business benefits of the new product.
- BExecute a market study for similar products and demonstrate a market need.
- CConduct a feasibility study to determine the business impact of the new product.
- DPrepare a benefits management plan to capture target benefits and strategic alignment.
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Topics
#Benefits Management Plan#Business Value#Portfolio Management#Project Initiation