Your question is Evaluate a Technical Initiative. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
You are advising a company whose engineering team has proposed a major technical initiative that would take meaningful time away from roadmap work. Leadership needs a clear view of whether the investment is worth it, given the expected cost, risk, and impact on future product delivery.
How would you evaluate whether a technical initiative is worth the investment?