PRINCE2F PRINCE2 Practices Practice Question
Which THREE of the following are components of the Business Case?
⚠ Common exam trap
Candidates often confuse the Benefits Review Plan (a separate management product) with the Business Case's expected benefits component, or mistake the Project Approach for a Business Case element when it belongs to the Project Plan.
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
✓
Major risks
'Major risks' are a formal component of the PRINCE2 Business Case. The Business Case must document the key risks that could affect the project's viability, ensuring that decision-makers understand the uncertainties before committing resources.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Major risks
Why this is correct
Major risks are included.
- ✓
Expected benefits
Why this is correct
Expected benefits are a key component.
- ✗
Project approach
Why it's wrong here
The project approach is in the Project Brief/PID, not in the Business Case.
- ✓
Investment appraisal
Why this is correct
Investment appraisal is a component.
- ✗
Benefits review plan
Why it's wrong here
The benefits review plan is separate, often in the PID.
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