Which of the following is a task performed in the OBC with the economic case?

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In the context of the Outline Business Case (OBC), the economic case focuses on justifying the financial viability of a proposed project or initiative. This involves assessing the expected benefits that will arise from the project, and conducting a benefits appraisal is a key task in this process.

Benefits appraisal entails identifying, quantifying, and valuing the benefits that the project is projected to deliver. It goes beyond merely listing potential benefits; it involves analyzing the extent and impact of these benefits on stakeholders and the overall value they bring to the organization. This task is crucial as it enables decision-makers to understand whether the anticipated benefits outweigh the associated costs, thus supporting informed choices about proceeding with the project.

While tasks such as market analysis, quality assurance, and feasibility reviews are important in different contexts of project planning and execution, they do not specifically fall under the economic case's domain within the OBC. They address different aspects of project evaluation or implementation, such as understanding market conditions or ensuring project outputs meet quality standards, but they do not directly assess the financial justification for the project like the benefits appraisal does.

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