Which of the following is most true of the business case?

It provides details of the overarching approach to be taken to move the current to a future desirable state using a coordinated and structured approach.

It evaluates the benefit, cost and risk of alternative project options and provides a rationale for the preferred solution.

It demonstrates the relationship between the costs of undertaking a project, initial and recurrent, and the benefits likely to arise from the changed situation, initially and recurrently.

It describes each major element in the work breakdown structure (WBS) describing the work content, resources required, the time frame of the work element and a cost estimate.