GInI Professional Certification Program CInP Question # 6 Topic 1 Discussion
CInP Exam Topic 1 Question 6 Discussion:
Question #: 6
Topic #: 1
Developing a concept further following its selection by an Evaluation Group often involves the creation of a preliminary business plan/business case for the concept.
Select one correct answer from the list:
A.
New hypotheses behind its problem
B.
A detailed design of the concept
C.
A preliminary business plan/business case for the concept
D.
A fully-detailed financial forecast for the concept, showing its return on investment with 95% confidence limits
GInI’sCInP Handbookexplains that post-selection in InMS Stage 3, concepts move to Stage 4, where development includes creating a "preliminary business plan/business case." This document outlines the concept’s value proposition, market potential, and initial financials—enough to justify further investment without full detail. It’s a Mid Zone activity, bridging evaluation to execution. "New hypotheses" (A) is Front End, pre-selection. "Detailed design" (B) is Back End, post-business case. "Fully-detailed forecast" (D) is overly precise for this stage—GInI seeks preliminary viability, not 95% confidence yet. Option C aligns with GInI’s process, matching the original answer (despite typo), reflecting a pragmatic step to validate concepts strategically—a GInI method for staged commitment.
[Reference:GInICInP Handbook, Section on InMS Stage 4 Concept Development., ]
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