[2024] Pass APMG-International Better-Business-Cases-Practitioner Exam in First Attempt Easily The Most Efficient Better-Business-Cases-Practitioner Pdf Dumps For Assured Success APMG-International Better-Business-Cases-Practitioner Exam Syllabus Topics: TopicDetailsTopic 1Business Case Development Process: You'll be tested to demonstrate your understanding of the many stages involved in developing [...]

[2024] Pass APMG-International Better-Business-Cases-Practitioner Exam in First Attempt Easily [Q32-Q48]

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[2024] Pass APMG-International Better-Business-Cases-Practitioner Exam in First Attempt Easily

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

TopicDetails
Topic 1
  • 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 2
  • 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 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
  • 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.
Topic 5
  • 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.

 

NEW QUESTION # 32
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. No change to entry 1, because this is appropriate.
  • C. Amend entry 1, because the Senior Responsible Owner should NOT be the Programme Director.
  • D. No change to entry 2, because the project framework should include project reporting arrangements in relation to the programme.
  • E. Remove entry 2, because project reporting arrangements should be documented in the Project Plan.

Answer: A,D


NEW QUESTION # 33
Service Solution 3: 'New learning campus on Old Fire Station Headquarters site, close Pittville High School and transfer all further education units in the Pittville area'.
Based on information available so far, which 2 critical success factors does this option deliver against?

  • A. Potential affordability.
  • B. Potential Value For Money.
  • C. Supply side capacity and capability.
  • D. Potential achievability.
  • E. Strategic fit and business needs.

Answer: C,E


NEW QUESTION # 34
Scoping Solution 2: '20% increase in rate of participation, 75-85 education courses, 15-20% improvement in qualification success rate'.
Which 2 statements are correct about this entry in the Options Framework?

  • A. Will represent a benchmark for Value For Money throughout the appraisal process.
  • B. Incorrectly identified as a Scoping Solution.
  • C. Should be rejected as over-ambitious.
  • D. Supports one or more of the Spending Objectives.
  • E. Delivers against one or more of the critical success factors.

Answer: D,E


NEW QUESTION # 35
Answer the following question about scoping the proposal and preparing the Strategic Outline Case (SOC) for the Pittville project.
Column 1 is a list of information gathered about the Pittville project. For each entry in Column 1, select from Column 2 the option that best describes it. Each selection from Column 2 can be used once, more than once or not at all.

Answer:

Explanation:

References:
These associations are made with the context of scoping the proposal and preparing the Strategic Outline Case (SOC) for the Pittville project, where it is crucial to align gathered


NEW QUESTION # 36
Which 2 attributes demonstrate that this option supports the key CSF Potential value for money?

  • A. There is a reasonably positive reaction from local schools to the Old Fire Station Headquarters being used as a second site.
  • B. New opportunities will be available for teachers to be involved in delivering the new education courses.
  • C. The demographic forecasts are for further reductions in the demand for places over the next five years.
  • D. The 'BAU/status quo' option is the baseline for assessing value for money.
  • E. A new campus would provide modern and better facilities at a cheaper cost than refitting existing buildings.

Answer: D,E


NEW QUESTION # 37
Using the extract below from the Capital Profile for the new campus, answer the following questions.
(Note. The figures entered are correct).



Answer:

Explanation:


NEW QUESTION # 38
Answer the following question about the Programme Business Case.
The following questions include only true statements, but only 2 statements are appropriate entries for that heading in the Strategic Case section.
Remember to select 2 answers to each question.
Which 2 statements should be recorded under the Organization overview heading?

  • A. There are problems accessing learning in some parts of the region.
  • B. There is a shortage of higher education establishments in the region.
  • C. Formal meetings have been held over the past nine months to establish the goals to be achieved.
  • D. Pittville is the commercial, retail and cultural centre of Topland, with a population of circa 22,000.
  • E. The Consortium has been formed to plan the transformation of education and learning for 14-19- year-olds throughout the Western Area.

Answer: A,E


NEW QUESTION # 39
Answer the following question about the Outline Business Case.
The following questions include only true statements about the Pittville project.
However only one statement is an appropriate entry for that heading in the Management Case section.
Which statement should be recorded under the Programme and Project Management heading?

  • A. Opportunities will be created for teachers to be involved in delivering new courses.
  • B. Temporary accommodation will be put on the site of the Old Fire Station Headquarters at least 3 months before the development of the new campus takes place.
  • C. Projected inflation will mean that costs will be 6% higher when the campus is operational.
  • D. The chosen service provider must have experience in the construction of publicly used buildings.

Answer: D


NEW QUESTION # 40
Column 1 contains only true statements about the Pittville project. For each entry in Column 1, decide whether or not it should be explained within the Commercial Case or the Financial Case, and then select your answer from Column 2. Each selection from Column 2 can be used once, more than once or not at all.

Answer:

Explanation:


NEW QUESTION # 41
The Benefits Realization Framework section states:
1. It was identified in the OBC that existing schools and universities play a major role in the success or otherwise of the Pittville project. A strategy for Learning Provider engagement is to be prepared.
2. A senior manager within the Local Education Authority is ultimately responsible for benefits realization.
Which 2 statements apply to these entries?

  • A. No change to entry 2, because this is appropriate to this section.
  • B. Amend entry 2, because the project manager is responsible for benefits realization.
  • C. Delete entry 1, because schools and universities will be responsible for the delivery of the benefits.
  • D. No change to entry 1, because the strategy for the realization of benefits should be revisited and re-affirmed within the FBC.
  • E. Amend entry 1, because the strategy for the realization of benefits should be confirmed within the OBC.

Answer: C,D


NEW QUESTION # 42
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. No, because construction and refurbishment costs should be treated as capital costs.
  • B. No, because the Financial Appraisal should NOT contain revenue costs.
  • C. Yes, because these represent a cost of developing the scheme.
  • D. Yes, because all construction costs must be accounted for.

Answer: A


NEW QUESTION # 43
Providing better facilities, improving learning provision and offering a wider choice of education courses.
Which of the key objectives for spend are these objectives based on?

  • A. Effectiveness.
  • B. Economy.
  • C. Efficiency.
  • D. Compliance.

Answer: A


NEW QUESTION # 44
Using the Scenario and the information below, answer the following questions about the creation of the short listed options for the Pittville project.
Spending Objectives
At least 15% increase in rate of participation
A 15% increase in attainment of qualification
At least 65 education courses
Critical Success Factors
Strategic fit and business needs - fit for purpose schools and universities attractive to 16-18-year-old learners Potential Value For Money Supply side capacity and capability Potential affordability Potential achievability Remember to select 2 answers to each question.
Scoping Solution 1: 'Current level of participation, 55 education courses and current qualification success rate' Which 2 statements are correct about this entry in the Options Framework?

  • A. Incorrectly identified as a Scoping Solution.
  • B. Will represent a benchmark for Value For Money throughout the appraisal process.
  • C. Should be carried forward to the short listed options.
  • D. Delivers against one or more of the critical success factors.
  • E. Supports one or more of the Spending Objectives.

Answer: B,E


NEW QUESTION # 45
Which action should be completed by the Pittville Project Board?

  • A. Produce regular progress reports for the Senior Responsible Owner of the project.
  • B. Document the project risks in the risk log.
  • C. Plan, in detail, the construction of the new learning campus.
  • D. Approve the continuation of the project at the end of each delivery stage.

Answer: D


NEW QUESTION # 46
Spending objectives, existing arrangements and business needs are now being considered for the Pittville project.
Which entry is NOT a business need?

  • A. The participations of 16-18-year-olds in education and training in Pittville is slightly below the average for the country. It has fallen over the last few years.
  • B. Address the limitations of some further education units to offer choice and an appropriate learning environment.
  • C. The Consortium wants to see improvements in the levels of basic skills and overall learner success rates.
  • D. At least a 15% increase in the participation of 16-18-year-olds in education and training within the next three years.

Answer: D


NEW QUESTION # 47
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 inflation is estimated to be 2% per annum.
Should the project manager use this information when preparing the Financial Appraisal for this scheme?

  • A. No, because the Financial Appraisal should include constant or real prices.
  • B. No, because the Financial Appraisal should exclude the cost of general inflation and depreciation.
  • C. Yes, because the Financial Appraisal should include the cost of inflation.
  • D. Yes, because inflation will reduce the cost of the scheme over time.

Answer: C


NEW QUESTION # 48
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