Success - correct answer ✔✔Satisfaction of stakeholder needs
Triple constraints - correct answer ✔✔Time, Cost, and Quality
What additional factors affect success? - correct answer ✔✔Level of risk exposure, resource levels,
satisfaction of personnel.
Benefits - correct answer ✔✔Quantifiable and measurable improvements at the completion of
deliverables that have been accepted as positive by the stakeholders.
Tangible benefit example - correct answer ✔✔Profit
Intangible benefit example - correct answer ✔✔Reputation, capability
Benefits Management - correct answer ✔✔The identification, definition, planning, tracking and
realisation of benefits
Benefits Realisation Plan - correct answer ✔✔shows how and when benefits realisation will be made.
Emergent Benefits - correct answer ✔✔Benefits that have not been planned for.
Business Case - correct answer ✔✔Provides the justification for the undertaking of the project.
Evaluates the benefit, cost, risk of alternative options and provides the rationale for the proposed
solution.
Who owns the business case? - correct answer ✔✔The sponsor
, Strategic Case - correct answer ✔✔In business case to explain how the project fits strategic and
corporate objectives
Options Appraisal - correct answer ✔✔Part of the business case, includes a 'do nothin' approach and
recommended options
Dis-benefits - correct answer ✔✔Measurable negative benefits as a result of the project as perceived by
the stakeholders
Sections of the business case - correct answer ✔✔Strategic, economic, commercial, financial,
management
Stakeholder Management - correct answer ✔✔The systematic identification, analysis, planning and
implementation of actions designed to influence stakeholders.
Project - correct answer ✔✔A unique, transient endeavour undertaken to bring about change and
achieve planned objectives. Defined by its outputs, outcomes, and benefits.
Project Management - correct answer ✔✔The application of processes, methods, and knowledge to
achieve specific objectives for change.
Benefits Review - correct answer ✔✔Usually during the adoption/operational phases to evaluate the
benefits delivered.
Who is accountable for the delivery of benefits? - correct answer ✔✔The sponsor
Realisation - correct answer ✔✔The benefits from the adoption of the project are measured to ensure
that they have been delivered.
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