True or False: The management case should be drafted as part of the planning phase in the OBC.

The management case is indeed a crucial component of the planning phase in the Outline Business Case (OBC). It serves to outline how the project will be initiated, managed, and governed, providing a clear understanding of the organizational context necessary for decision-making. By drafting the management case during the planning phase, stakeholders can ensure that appropriate governance structures, risk management strategies, and project management methodologies are established early in the project lifecycle. This foresight helps align the project with organizational objectives and facilitates better resource allocation, communication, and coordination.

The other viewpoints focus on circumstances that are not aligned with best practices. For instance, claiming that more information is needed may overlook the established frameworks and standards that guide the creation of the management case. Similarly, suggesting that this is only necessary for large projects ignores the reality that even smaller initiatives benefit from clear management strategies to mitigate risks and ensure successful outcomes. Thus, the correct understanding of the importance of the management case in the context of the OBC solidifies the reasoning behind this answer.