CGEIT · Question #210
The PRIMARY reason for using quantitative criteria in developing business cases for IT projects is to:
The correct answer is A. improve the process of evaluating returns after implementation.. Quantitative criteria in IT project business cases primarily serve to establish measurable benchmarks for post-implementation evaluation, ensuring accountability and demonstrating value.
Question
The PRIMARY reason for using quantitative criteria in developing business cases for IT projects is to:
Options
- Aimprove the process of evaluating returns after implementation.
- Bbenchmark project success with similar enterprises.
- Clearn lessons from errors made in past projects.
- Dapply other corporate standards to the development project.
How the community answered
(49 responses)- A90% (44)
- B2% (1)
- C2% (1)
- D6% (3)
Why each option
Quantitative criteria in IT project business cases primarily serve to establish measurable benchmarks for post-implementation evaluation, ensuring accountability and demonstrating value.
Quantitative criteria, such as ROI, NPV, or cost-benefit ratios, provide a clear, measurable basis for predicting project outcomes. By setting these metrics upfront in the business case, an organization can effectively assess whether the project achieved its intended financial and operational returns after it is implemented, facilitating objective performance evaluation.
While benchmarking can be part of project planning, the primary reason for using quantitative criteria in a business case is to measure the project's own success against its stated objectives, not solely for external comparison.
Learning lessons from past errors is important for continuous improvement, but it's a separate activity from the primary purpose of defining quantitative criteria in a new business case.
Applying corporate standards is about compliance and consistency, which is different from using quantitative metrics to specifically evaluate returns after a project is completed.
Concept tested: IT project business case evaluation
Topics
Community Discussion
No community discussion yet for this question.