Questions and Correct
Answers | New Update
How does a business case differ from pitching a start-up? - ANSWER
✔✔Not pitching to a vacuum, pitching to people you know, in your org,
selling people on you and your idea vs just idea.
For a startup, you are selling yourself as well as your idea
What three actions are required for both an internal business case and
pitching to a start-up? - ANSWER ✔✔Identify clear business need
Get to know stakeholders
Tell a compelling story on how to profitably meet those needs
, What are the three common reasons for an internal business case? -
ANSWER ✔✔Create a new product or service
Invest in a large IT system
Improve company facilities
What are the four other reasons a business case process may be used?
- ANSWER ✔✔Prioritize projects and propose cutting a few
Obtain additional resources for ongoing initiative
Invest in building new capability
Decide to outsource a function
What question does your business case answer? - ANSWER
✔✔What happens if we take this course of action?
Who did a better job - Jim or Catherine? - ANSWER ✔✔Both
succeeded - helped senior managers make informed decisions
What is the purpose of Section 1 "Prepare"? - ANSWER ✔✔Put
yourself in the right frame of mind
What are you to imagine? - ANSWER ✔✔You're telling a story
All good stories start with (__ ___)? - ANSWER ✔✔A problem