Better Business Cases Practitioner (Better-Business-Cases-Practitioner) Free Practice Test

Question 1

Answer the following questions about the actions taken when preparing the Economic Case within the Full Business Case (FBC).

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.
Since approval of the OBC, there has been an attractive bid for the Old Fire Station Headquarters site by a supermarket company.
The bid is 15% higher than the original amount that the site was valued at.
Should the FBC production be delayed while the ranking of the options in the OBC is reassessed?

A. Yes, because the FBC should be based on accurate Economic Appraisals for all options.

B. Yes, because the FBC must be re-submitted for re-approval if the costs vary significantly.

C. No, because the anticipated benefits will remain the same.

D. No, because the sale price of the site is an opportunity cost which is irrelevant to the Economic Appraisal.

Correct Answer: A

Question 2

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. Delivers against one or more of the critical success factors.

D. Should be rejected as over-ambitious.

E. Supports one or more of the Spending Objectives.

Correct Answer: C,E

Question 3

Which is an appropriately defined SMART spending objective for greater learner success rates?

A. To provide all education courses with immediate effect.

B. To ensure that all learning providers for 16 to 18-year-olds are able to offer effective learning.

C. To reduce staff turnover in the next two years.

D. To increase the achievement of qualifications by a minimum of 15% within three years.

Correct Answer: D

Question 4

Pittville University insist that the business scope of the Pittville project should be based on the development of a new campus on the site of the Old Fire Station Headquarters.
Is this an appropriate application of the Five Case Model for this project?

A. Yes, because the business scope of the Pittville project should be based on a short list of options.

B. No, because the business scope should determine the affected business areas, functionality and organization.

C. Yes, because the Old Fire Station Headquarters site has good access from most parts of Pittville.

D. No, because Pittville University should NOT be involved in the development of the Strategic Case.

Correct Answer: A

Question 5

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 Existing arrangements heading?

A. Long term financial viability of the education and training system for 11-18- year-olds.

B. The merger of Longshire Agricultural College and Greenhills University.

C. Each Local Government Authority has a budget for adult learning.

D. The priority is learning provision for 16-18-year-olds in Pittville.

E. The area is served by Pittville University and four secondary schools; three of which have further education units.

Correct Answer: C,E

Question 6

The Economic Case in the FBC has been completed and the Senior Responsible Owner, has asked that assurance of the investment decision be held for the project before the benefits realization plans are produced.
Should assurance of the investment decision be held at this point?

A. No, because assurance of the delivery strategy should be held before benefits realization plans are finalized.

B. No, because assurance of the investment decision should be held before Stage 4 - Implementation.

C. Yes, because assurance of the investment decision ensures the investment is sound before the planning for delivery is finalized.

D. Yes, because assurance of the investment decision should be held before procurement of the Value For Money solution.

Correct Answer: C

Question 7

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. No change to entry 1, because the strategy for the realization of benefits should be revisited and re-affirmed within the FBC.

C. Amend entry 2, because the project manager is responsible for benefits realization.

D. Amend entry 1, because the strategy for the realization of benefits should be confirmed within the OBC.

E. Delete entry 1, because schools and universities will be responsible for the delivery of the benefits.

Correct Answer: B,E

Question 8

Which detail should be explained in the Financial Case?

A. Underpinning method of payment for services and outputs.

B. Type of contract used and key contractual issues.

C. Allocation of risk negotiated between the organization and the preferred service provider.

D. Written confirmation of funding arrangements for the deal from the
organization's commissioners.

Correct Answer: D

Question 9

Using the Scenario, answer the following questions about roles and responsibilities on the Pittville project.
Which action should be completed by the sponsor for the Western Area Learning Improvements Programme?

A. Produce regular reports on progress of the development of the new learning campus for the Senior Responsible Owner of the project.

B. Plan, in detail, the construction of the new learning campus.

C. Develop the preferred way forward for the Pittville project.

D. Appoint a Senior Responsible Owner for the Pittville project.

Correct Answer: D

Question 10

Using the Scenario, answer the following questions about scoping the proposal and preparing the Strategic Outline Case for the Pittville project.
Decide whether the approach is appropriate for stage 1, and select the response that supports your decision.
There is a risk that the local planning authority may reject proposals for development of the Old Fire Station Headquarters site. This will cause delays to the project.
Should this risk be recorded as an external non-systemic risk within the Strategic Outline Case?

A. Yes, because changes to the Old Fire Station Headquarters site will affect the environment.

B. No, because this is a service risk associated with the design and build phases of the project.

C. Yes, because the local planning authority is an external organization.

D. No, because risks should be identified in the Outline Business Case.

Correct Answer: C

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APMG-International Better Business Cases Practitioner (Better-Business-Cases-Practitioner) Free Practice Test