PRINCE2F PRINCE2 Practices Practice Question
Which THREE of the following are typical components of a 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
✓
Major risks
Options A, C, and D are correct. A Business Case typically includes reasons, expected benefits, dis-benefits, costs, timescales, major risks, and investment appraisal. Option B is incorrect because the PID is a separate document that contains the Business Case but is not itself a component of the Business Case. Option E is incorrect because team roles are part of the Organising practice.
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
Risks are documented in the Business Case.
- ✗
Project Initiation Documentation
Why it's wrong here
The PID contains the Business Case but is not a component of it.
- ✓
Investment appraisal
Why this is correct
Investment appraisal is included to assess the project's value.
- ✓
Expected benefits
Why this is correct
Benefits are a key component of the Business Case.
- ✗
Project management team roles
Why it's wrong here
Team roles are defined in the Organising practice, not in the Business Case.
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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 of the following is NOT a component of the Business Case?
easy- A.Expected benefits
- ✓ B.Project Plan
- C.Investment appraisal
- D.Major risks
Why B: The Business Case components include reasons, options, expected benefits, dis-benefits, timescale, costs, investment appraisal, and major risks. The Project Plan is a separate management product.
Variation 2. Which of the following is NOT a component of the Business Case?
medium- A.Expected benefits
- ✓ B.Risk Register
- C.Investment appraisal
- D.Major risks
Why B: The Business Case in PRINCE2 is a document that justifies the project's initiation and continued viability. It contains components such as Expected Benefits, Investment Appraisal, and Major Risks. The Risk Register is a separate management product used to record and track identified risks, not a component of the Business Case itself.
Variation 3. Which of the following is NOT a component of the Business Case?
medium- A.Expected benefits
- B.Major risks
- ✓ C.Product description
- D.Investment appraisal
Why C: The Business Case components include reasons, options, expected benefits, dis-benefits, timescale, costs, investment appraisal, and major risks. A product description is part of product-based planning, not the Business Case.
Variation 4. Which of the following is NOT a component of the Business Case?
easy- A.Investment appraisal
- ✓ B.Risk Register
- C.Major risks
- D.Expected benefits
Why B: The Business Case includes reasons, options, benefits, dis-benefits, timescale, costs, investment appraisal, and major risks. The Risk Register is separate.
Variation 5. Which of the following is NOT a component of the Business Case?
medium- A.Investment appraisal
- B.Major risks
- C.Expected benefits
- ✓ D.Risk Register
Why D: The Business Case includes reasons, benefits, dis-benefits, costs, timescale, risks, etc. The Risk Register is a separate document.
Variation 6. Which of the following is NOT a component of the Business Case?
easy- ✓ A.Quality Register
- B.Expected benefits
- C.Dis-benefits
- D.Major risks
Why A: The Business Case includes: reasons, options, expected benefits, dis-benefits, timescale, costs, investment appraisal, and major risks. The Quality Register is a separate document used for tracking quality activities.
Variation 7. Which of the following is NOT a component of the Business Case?
medium- A.Major risks
- B.Investment appraisal
- C.Expected benefits
- ✓ D.Project Plan
Why D: The Business Case in PRINCE2 includes reasons, options, benefits, dis-benefits, costs, timescale, investment appraisal, and major risks. The Project Plan is not a component of the Business Case; it is a separate management product that describes how and when the project's objectives are to be achieved.
Variation 8. Which THREE of the following are components of the Business Case?
medium- ✓ A.Major risks
- ✓ B.Expected benefits
- C.Project approach
- ✓ D.Investment appraisal
- E.Benefits review plan
Why A: '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.
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This PRINCE2F practice question is part of Courseiva's free PeopleCert certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PRINCE2F exam.