Which step focuses on confirming the feasibility of the financial investments needed?

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The step that focuses on confirming the feasibility of the financial investments needed is centered around ascertaining affordability and funding requirements. This stage assesses whether the necessary financial resources are available and can be allocated to the project or initiative in question. It involves detailed financial analysis to determine if the prospective investment aligns with the organization's budget and financial strategy.

By evaluating affordability, stakeholders can identify potential funding sources and understand the implications of the financial commitments involved. This ensures that investments are not only viable but also sustainable, thereby reducing the risk of financial strain on the organization.

In contrast, the other steps do involve important aspects of project planning and execution but do not specifically target the assessment of financial feasibility. Preparing for the potential deal encompasses initial discussions and groundwork without delving deeply into financial viability. Contracting for the deal involves establishing formal agreements after feasibility has been confirmed, and planning for successful delivery focuses more on the logistical and operational elements of executing the project rather than on financial assessment.

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