TEST BETTER-BUSINESS-CASES-PRACTITIONER CRAM & STUDY BETTER-BUSINESS-CASES-PRACTITIONER TEST

Test Better-Business-Cases-Practitioner Cram & Study Better-Business-Cases-Practitioner Test

Test Better-Business-Cases-Practitioner Cram & Study Better-Business-Cases-Practitioner Test

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APMG-International Better-Business-Cases-Practitioner Exam Syllabus Topics:

TopicDetails
Topic 1
  • Additional Considerations: Sub-topics are the Business Justification Case (BJC) for smaller proposals, comprehending important roles in case development, and organizing your contribution to a business case proposal.
Topic 2
  • Business Case Development Process: You'll be tested to demonstrate your understanding of the many stages involved in developing a business case, ranging from the Strategic Outline Case (SOC) to the Full Business Case (FBC).
Topic 3
  • The Five Case Model: This fundamental framework for constructing business cases is thoroughly covered in the topic, along with the ways in which the various cases combine to create a coherent whole.
Topic 4
  • Goal Setting and Objectives: A strong business case must have SMART goals (Specific, Measurable, Achievable, Relevant, and Time-bound). The exam will measure how well you comprehend this procedure.
Topic 5
  • Developing the Individual Cases: Five cases that includes strategic, economic, commercial, financial, and management are thoroughly covered in the topic. You'll discover how to develop strong justifications for every aspect of the business case.

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APMG-International Better Business Cases Practitioner Sample Questions (Q10-Q15):

NEW QUESTION # 10
Using the Scenario, answer the following questions about the Financial Appraisal of the option to build a new campus on the site of the Old Fire Station Headquarters.
Decide whether the action taken represents an appropriate application of the Five Case Model for this project and select the response that supports your decision.
The cost of the temporary accommodation on the site of the Old Fire Station Headquarters has been treated as a revenue cost within the Financial Appraisal. This temporary accommodation is required as part of the construction of the new campus.
Is this an appropriate application of the Five Case Model for the project?

  • A. Yes, because these represent a cost of developing the scheme.
  • B. No, because construction and refurbishment costs should be treated as capital costs.
  • C. Yes, because all construction costs must be accounted for.
  • D. No, because the Financial Appraisal should NOT contain revenue costs.

Answer: B


NEW QUESTION # 11
Answer the following question about the content of the Outline Business Case (OBC). The OBC is based on the following preferred way forward:

Column 1 is a list of true statements from the Economic Case in the OBC. Column 2 is a selection of some of the Business Case headings. For each statement in Column 1, select from Column 2 the Business Case heading under which the statement should be recorded. Each selection from Column 2 can be used once, more than once or not at all.

Answer:

Explanation:


NEW QUESTION # 12
Answer the following questions about the content of the Commercial Case and the Financial Case for the Pittville project.
Which detail should be explained in the Commercial Case?

  • A. Capital and revenue implications of the resultant deal, including any costs falling to the organization.
  • B. Net effect on the organization's charges (prices), if any.
  • C. How charges for the preferred service provider's offer have been modelled, including the resultant benefits.
  • D. Service streams and outputs being contracted for.

Answer: D


NEW QUESTION # 13
Using the Scenario, answer the following questions about the Management Case section of the Full Business Case for the Pittville project.
Decide whether the entry is appropriate for the document identified and select the responses that support your decision.
Remember to select 2 answers to each question.
The Programme and Project Management Framework section states:
1. The Programme Director is to be responsible for the Western Area Learning Improvements Programme.
2. Project progress reports are to be provided to the Consortium at the end of each month.
Which 2 statements apply to these entries?

  • A. Amend entry 1, because the Western Area Learning Consortium should be jointly accountable for the Programme.
  • B. Amend entry 1, because the Senior Responsible Owner should NOT be the Programme Director.
  • C. Remove entry 2, because project reporting arrangements should be documented in the Project Plan.
  • D. No change to entry 2, because the project framework should include project reporting arrangements in relation to the programme.
  • E. No change to entry 1, because this is appropriate.

Answer: A,D


NEW QUESTION # 14
Using the Scenario and the extract below from the Revenue Budget for the Pittville project, answer the following questions. (Note. The figures entered are correct).

Which 2 observations correctly evaluate the Expenditure?

  • A. Staffing costs should be moved to the Economic Appraisal.
  • B. To be useful this table should cover the lifetime of the asset.
  • C. The cost of finance should be moved to the Economic Appraisal.
  • D. Equipment costs should be moved to the capital costs.
  • E. The cost of building the new campus should be included in this table.

Answer: B,D


NEW QUESTION # 15
......

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