- A
Expected benefits
Expected benefits are a key component of the Business Case.
- B
Configuration item records
Why wrong: Configuration item records are part of the Change practice.
- C
Major risks
Major risks are included in the Business Case to show the viability of the project.
- D
Team structure
Why wrong: Team structure is part of the Organising practice, not the Business Case.
- E
Product Breakdown Structure
Why wrong: The Product Breakdown Structure is part of product-based planning, not the Business Case.
Question 735 of 1,731
Key Components of the PRINCE2 Business Case: Expected Benefits and Major Risks
This PRINCE2F practice question tests your understanding of prince2 practices. The scenario asks you to isolate a root cause — eliminate options that address a different problem before choosing. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
Which TWO of the following are components of the Business Case?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Expected benefits
The Business Case in PRINCE2 captures the justification for the project, including the expected benefits (tangible and intangible) that the project aims to deliver. Benefits are a core component because they define the value that the project must provide to justify the investment. Without expected benefits, the Business Case cannot demonstrate whether the project is worthwhile.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Expected benefits
Why this is correct
Expected benefits are a key component of the Business Case.
Related concept
Read the scenario before looking for a memorised answer.
- ✗
Configuration item records
Why it's wrong here
Configuration item records are part of the Change practice.
- ✓
Major risks
Why this is correct
Major risks are included in the Business Case to show the viability of the project.
Related concept
Read the scenario before looking for a memorised answer.
- ✗
Team structure
Why it's wrong here
Team structure is part of the Organising practice, not the Business Case.
- ✗
Product Breakdown Structure
Why it's wrong here
The Product Breakdown Structure is part of product-based planning, not the Business Case.
Common exam traps
Common exam trap: answer the scenario, not the keyword
Cisco often tests the distinction between components of the Business Case (benefits, risks, costs) and elements of other management products (e.g., Configuration Item Records from Change Control, Team Structure from Organization, Product Breakdown Structure from Plans), leading candidates to confuse planning artifacts with justification artifacts.
Detailed technical explanation
How to think about this question
The Business Case is developed iteratively and must include both benefits and risks (including major risks) to allow the Project Board to assess viability. In PRINCE2, the Business Case is formally updated at each stage boundary and is the key input for the 'continued business justification' principle. A real-world scenario: a project to deploy a new CRM system would list expected benefits like increased sales conversion rates and major risks like data migration failure, both of which directly influence the go/no-go decision.
KKey Concepts to Remember
- Read the scenario before looking for a memorised answer.
- Find the constraint that changes the correct option.
- Eliminate answers that are true in general but not in this case.
TExam Day Tips
- Watch for words such as best, first, most likely and least administrative effort.
- Review why wrong options are wrong, not only why the correct option is correct.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
How this comes up in practice
A practitioner preparing for the PRINCE2F exam encounters this exact type of scenario on the job. The correct answer here is not the most general option — it is the best answer for the specific constraint described. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Real exam questions reward reading the full scenario before eliminating options, because the constraint defines which answer fits.
What to study next
Got this wrong? Here's your next step.
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
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FAQ
Questions learners often ask
What does this PRINCE2F question test?
PRINCE2 Practices — This question tests PRINCE2 Practices — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: Expected benefits — The Business Case in PRINCE2 captures the justification for the project, including the expected benefits (tangible and intangible) that the project aims to deliver. Benefits are a core component because they define the value that the project must provide to justify the investment. Without expected benefits, the Business Case cannot demonstrate whether the project is worthwhile.
What should I do if I get this PRINCE2F question wrong?
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
What is the key concept behind this question?
Read the scenario before looking for a memorised answer.
About these practice questions
Courseiva creates original exam-style practice questions with explanations and wrong-answer analysis. It does not publish real exam questions, exam dumps, or protected exam content. Learn why practice questions differ from exam dumps →
Same concept, more angles
8 more ways this is tested on PRINCE2F
These questions test the same concept from different angles. Work through them to make sure you can recognise it however the exam phrases it.
Variation 1. Which TWO of the following are components of the Business Case?
medium- A.Product Description
- ✓ B.Costs
- C.Project Plan
- D.Risk Register
- ✓ E.Expected benefits
Why B: The Business Case includes expected benefits, costs, timescale, risks, and investment appraisal. The Project Plan is not a component; it is a separate management product. The Risk Register is also separate.
Variation 2. Which TWO of the following are components of the Business Case?
medium- A.Configuration item records
- B.Quality criteria
- ✓ C.Investment appraisal
- D.Product descriptions
- ✓ E.Expected benefits
Why C: The Business Case includes expected benefits, costs, and investment appraisal, among others. Options and risks are also components.
Variation 3. Which TWO of the following are components of a Business Case?
medium- A.Lessons log
- ✓ B.Expected benefits
- C.Product descriptions
- ✓ D.Major risks
- E.Configuration item records
Why B: The Business Case includes reasons, options, expected benefits, dis-benefits, timescale, costs, investment appraisal, and major risks. Major risks and expected benefits are two of these.
Variation 4. Which TWO of the following are components of the Business Case?
medium- ✓ A.Major risks
- B.Configuration item records
- C.Quality criteria
- ✓ D.Expected benefits
- E.Product descriptions
Why A: Expected benefits and major risks are standard components of a Business Case. Dis-benefits and timescales are also components, but the question asks for specific ones.
Variation 5. Which TWO of the following are components of the Business Case?
medium- A.Quality criteria
- B.Product Breakdown Structure
- ✓ C.Investment appraisal
- ✓ D.Expected benefits
- E.Risk register
Why C: The Business Case contains the justification for the project and includes expected benefits (D) and investment appraisal (C). Options A (Quality criteria) and B (Product Breakdown Structure) are components of other management products, not the Business Case. Option E (Risk register) is a separate management product.
Variation 6. Which TWO of the following are components of the Business Case?
medium- A.Risk Register
- B.Project Plan
- ✓ C.Major risks
- D.Product Status Account
- ✓ E.Expected benefits
Why C: In PRINCE2, the Business Case document contains the justification for the project. Two of its key components are the expected benefits (the reasons for undertaking the project) and the major risks that could affect the business justification. The Risk Register, Project Plan, and Product Status Account are separate management products. Therefore, options C and E are correct.
Variation 7. Which TWO of the following are components of a Business Case?
medium- ✓ A.Major risks
- ✓ B.Expected benefits
- C.Configuration item records
- D.Product descriptions
- E.Project team structure
Why A: A Business Case in PRINCE2 is the document that justifies the project's initiation and continued viability. Major risks are a component because they must be identified and assessed to determine if the project's potential rewards outweigh the threats. Expected benefits are also a core component, as they define the measurable improvements that the project is expected to deliver, forming the basis for the justification.
Variation 8. Which TWO of the following are components of the Business Case?
medium- A.Product descriptions
- ✓ B.Expected benefits
- C.Project plan
- D.Risk register
- ✓ E.Major risks
Why B: The Business Case in PRINCE2 is the key document that justifies the project's initiation and continued viability. It must include the expected benefits (both tangible and intangible) that the project aims to deliver, as these are the core justification for the investment. Additionally, the Business Case should document the major risks that could affect the project's justification, as understanding these risks is essential for making informed go/no-go decisions.
Keep practising
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Last reviewed: Jul 4, 2026
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