What technique assesses the rationale for a change by analyzing scope, feasibility, and risks?

Study for the IIBA BABOK v3 Exam. Engage with flashcards and multiple-choice questions, each with hints and explanations. Boost your exam readiness!

The business case is a technique that effectively evaluates the rationale for a change by considering various critical factors including scope, feasibility, and risks. A business case provides a structured way to present the justification for undertaking a project or making a significant change. It encompasses a detailed analysis of the proposed solution, describing how it aligns with organizational objectives and the expected benefits it will bring.

In particular, the business case goes beyond merely stating what changes are proposed; it also dives into whether the project is achievable (feasibility), assesses the impacts of the change (scope), and evaluates potential uncertainties and challenges (risks) that could affect project success. By looking at these elements holistically, the business case ensures that decision-makers have all necessary information to determine if the change should be pursued, making it an invaluable tool in the early phases of project development.

Other methods, like cost-benefit analysis, primarily focus on financial aspects, while impact analysis investigates specific impacts of changes, and risk assessment zeroes in on identifying risks. While these techniques are important, they do not encompass the complete rationale assessment in the same integrated manner as a business case does.

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