What is a business case in IT project management?

A business case in IT project management is fundamentally a document that establishes the justification for initiating a project. It is designed to outline the project’s objectives, expected benefits, potential costs, and associated risks. By articulating the rationale for undertaking the project, the business case helps stakeholders understand the value and necessity of the project within the organization's context.

It serves as a critical tool for decision-makers, as it compiles important data that can guide their approval and investment decisions. A well-structured business case not only presents the financial implications but also details how the project aligns with the organization's strategic goals and addresses specific needs or problems.

While technical specifications, project timelines, and team qualifications are essential aspects of project management, they fall under different documentation or presentation types and do not embody the comprehensive justification for pursuing the project that a business case provides. Thus, the chosen answer encompasses the broader vision and purpose of a project, capturing its strategic fit and financial justifications.