This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The Business Case must remain valid throughout the entire project lifecycle, not just at the start.

- The Executive role is ultimately responsible for the project's Business Case and its continued viability.

- The Business Case is formally reviewed and updated at the end of every management stage to ensure the project is still worthwhile.

- If the business justification is lost, the Project Manager must escalate to the Project Board, who may decide to stop the project.

- Exam questions often test the "sunk cost fallacy"; past expenditure is irrelevant if future benefits are no longer achievable.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep