PRINCE2F PRINCE2 Practices Practice Question
Which TWO of the following are components of the Business Case?
⚠ Common exam trap
PRINCE2 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.
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.
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.
- ✗
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.
- ✗
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.
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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 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.
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.