Which of the following best describes the purpose of a business case?

The purpose of a business case primarily revolves around justifying the need for a project or solution. A business case provides a structured document that articulates the rationale behind proposed initiatives, outlining the problem or opportunity at hand, and demonstrating how the project aligns with organizational goals and objectives. It typically includes an examination of the benefits, costs, risks, and potential impacts of the project, enabling decision-makers to assess whether it makes sense to proceed.

This justification is key because it helps stakeholders understand why the project is necessary and what value it will deliver. It serves as a foundation for evaluating alternative solutions and determining the best course of action. By focusing on the justification aspect, stakeholders can make informed choices based on evidence and projected outcomes, rather than solely on intuition or opinion.

In contrast, while analyzing stakeholder needs is an important aspect of business analysis, outlining project risks, and designing system architecture contribute to the broader project management process, they do not capture the core function of a business case, which is primarily to establish and justify the necessity of the project itself.