Certified Business Analysis Professional (CBAP) Practice Test 2025 - Free CBAP Practice Questions and Study Guide

The business case is the most appropriate document to reference when defining the costs and benefits of a proposed project as part of the preparation for elicitation. A business case outlines the rationale for the project, including the expected return on investment, projected costs, and potential benefits. It serves as a key tool for decision-making by providing stakeholders with a comprehensive understanding of why the project is needed and how it aligns with the organization's strategic goals.

In contrast, the business need identifies the underlying problems or opportunities but does not typically detail financial implications. The solution scope delineates the boundaries of the solution but does not focus on costs or benefits. The project management plan outlines how the project will be executed, monitored, and controlled, but it also doesn't serve the initial purpose of articulating the costs and benefits of the project as effectively as the business case. Thus, the business case is critical in guiding elicitation activities by ensuring that all parties are aligned on the value and feasibility of the proposed initiative.