BAP18 practice question 1 of 10

A Business Analyst and a project Manager are producing a business case for an initiative, which aims to improve the cyber defense of a large…

A Business Analyst and a project Manager are producing a business case for an initiative, which aims to improve the cyber defense of a large financial services provider. They met recently to review progress, and made the following notes for the next draft: The benefits of cyber will be describes in quantitative terms, so we will need to describe these Qualitatively. We need to make it clear that we have fully explored the solution market, and we have considered a range of approaches to meeting the objectives of this project. The threat posed to the organization from cyber attack, and therefore the justification for the project, needs to be clearly articulated. Which of the following sets of elements of a business case will cover ALL of these points?

Answer options

A: Description of the current situation. analysis of costs and benefits, options considered

B: Impact assessment, analysis of costs and benefits, recommendations

C: Recommendations, risk assessment, options considered

D: Description of the current situation, impact assessment, risk assessment Correct answer

Correct Answer:

D. Description of the current situation, impact assessment, risk assessment

Explanation

The description of the current situation will explain the threat posed to the organization from cyber attack and the need for the project. The impact assessment will help to quantify the benefits of the cyber defense initiative, and the risk assessment will provide insight into the potential risks posed by not undertaking the project. Finally, the options considered section will help to demonstrate that the project team has thoroughly explored the solution market and has considered a range of approaches to meeting the project objectives.

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