Practice Quiz

CBAP Business Analyst Exam Prep

Category - Enterprise Analysis

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Preparing a business case for a project necessitates both a ______________ and a _____________ component.
  1. written; oral
  2. profit; loss
  3. customized; commercial
  4. quantitative; qualitative
Explanation
Answer: D - Preparing a business case for a project necessitates both a quantitative and a qualitative component.

Key Takeaway: In a business case, the quantitative component includes such things as financial feasibility, market segmentation analyses, and profit projections. The quantitative component includes benefits analyses, risk assessments, and assumptions/constraints. Both components are important in developing a subjective, fact-based business case that will advocate for spending resources on a given project.
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