[Full-Version] 2024 Updated APMG-International Study Guide Better-Business-Cases-Practitioner Dumps Questions [Q44-Q62]

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[Full-Version] 2024 Updated APMG-International Study Guide Better-Business-Cases-Practitioner Dumps Questions

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

TopicDetails
Topic 1
  • Balancing Benefits, Costs, and Risks: Being able to balance a proposal's advantages over disadvantages and potential risks is a fundamental skill. The test will evaluate your capacity to achieve this vital balance.
Topic 2
  • 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 3
  • 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 4
  • 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).

 

NEW QUESTION # 44
Which 2 details should be defined when determining the potential business scope?

  • A. Boundaries, or limitations, of the project.
  • B. Affected business areas, functionality and organization.
  • C. Critical success factors essential to the successful delivery of the scheme.
  • D. A wide range of options that meet the spending objectives.
  • E. How services are currently organized, provided and supplied.

Answer: A,B


NEW QUESTION # 45
The new campus scheme will take three years to complete. Projected inflation over this period will mean that staffing costs will be 6% higher when the campus is operational.
Should this increase be managed as a risk to the project?

  • A. No, because any increase in cost should be dealt with as an issue.
  • B. No, because inflation should be included as a cost in the Financial Appraisal.
  • C. Yes, because any cost increase could threaten the affordability of a scheme.
  • D. Yes, because any risk that might affect the financial viability of a scheme should be closely managed.

Answer: C


NEW QUESTION # 46
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. The merger of Longshire Agricultural College and Greenhills University.
  • B. Each Local Government Authority has a budget for adult learning.
  • C. The priority is learning provision for 16-18-year-olds in Pittville.
  • D. The area is served by Pittville University and four secondary schools; three of which have further education units.
  • E. Long term financial viability of the education and training system for 11-18- year-olds.

Answer: B,D


NEW QUESTION # 47
Using the Scenario, answer the following question.
The following items have been included in the draft risk management strategy, framework and plans.
Lines 1 to 5 in the table below consist of an assertion statement and a reason statement. For each line identify the appropriate option, from options A to E, that applies. Each option can be used once, more than once or not at all.


Answer:

Explanation:


NEW QUESTION # 48
Which 2 statements should be recorded under the Potential for risk transfer heading?

  • A. Teaching staff will automatically become employees at the new campus with the same terms and conditions of employment.
  • B. The new campus building is to be listed as an asset on the Local Education Authority balance sheet.
  • C. The selected contractor will be responsible for taking measures to reduce any potential errors in the construction phase.
  • D. All construction work is to comply with standard building regulations.
  • E. The Local Education Authority is best placed to respond to possible opposition from staff and parents.

Answer: C,D


NEW QUESTION # 49
The Consortium has appointed its own assurance on the Western Area Learning Improvement Programme.
Which action should be completed by this role?

  • A. Arrange and schedule the resources required to develop the new learning campus.
  • B. Manage the risks retained by the public sector.
  • C. Establish the Pittville project spending objectives.
  • D. Confirm the requirements for 16 to 18-year-old learners can be met.

Answer: D


NEW QUESTION # 50
Using the Scenario, answer the following question about the actions taken when establishing the Economic Case within the Outline Business Case (OBC).
It is thought that funding for the new campus on the site of the Old Fire Station Headquarters could be achieved through a public private partnership (PPP). The size of the Pittville project is very similar to the recent PPP development of Marshgate High School, a school in a neighbouring part of the county.
Lines 1 to 5 in the table below consist of an assertion statement and a reason statement. For each line identify the appropriate option, from options A to E, that applies. Each option can be used once, more than once or not at all.


Answer:

Explanation:


NEW QUESTION # 51
Which 2 statements should be recorded under the Benefits, risks, dependencies and constraints heading?

  • A. To implement links with employers and the local economy.
  • B. Increase the number of education courses from 55 to 65.
  • C. An operating surplus will be generated from hiring out the sports facilities at the new campus.
  • D. The project could meet with substantial opposition from parents and staff.
  • E. Maintain staff satisfaction.

Answer: C,D


NEW QUESTION # 52
It is estimated that 60% of the taxation costs on the development will NOT be reclaimable.
Should the unclaimable taxation costs be excluded from the Financial Appraisal?

  • A. No, because the Financial Appraisal should demonstrate value for money.
  • B. Yes, because it is the Economic Case that should include inflation and taxation costs.
  • C. Yes, because taxation costs should be excluded from the Financial Appraisal.
  • D. No, because both resource and non-resource costs and benefits should be factored into the analysis.

Answer: D


NEW QUESTION # 53
Answer the following questions about the benefits realization strategy, framework and plans that have been drafted 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 Management Case states that the Western Area Learning Improvements Programme Director is ultimately responsible for:
1. Delivering the benefits of the Pittville project
2. Ensuring arrangements have been made to realize the benefits.
Which 2 statements apply to these entries?

  • A. No change to entry 2, because the delivery of benefits should be tracked at programme level.
  • B. No change to entry 2, because the Programme Director should report on the delivery of benefits to the other members of the Consortium.
  • C. Amend entry 1, because the SRO of the programme should delegate responsibility for delivering benefits to the Project Manager.
  • D. Amend entry 2, because the SRO of the programme should ensure that mechanisms are in place for realizing benefits.
  • E. Amend entry 1, because the SRO of the programme and project should be ultimately responsible for delivering the benefits.

Answer: A,E


NEW QUESTION # 54
There is a need to meet regulations that address the needs of those with Learning Difficulties and Disabilities Should this item be recorded as a dependency within the Strategic Outline Case?

  • A. Yes, because success of the project is dependent upon compliance with these regulations.
  • B. No, because dependencies should NOT be recorded within the Strategic Outline Case.
  • C. Yes, because any actions or developments required by others should be considered if the success of the project is dependent upon them.
  • D. No, because the regulations are an externally imposed parameter or constraint.

Answer: A


NEW QUESTION # 55
Using the Scenario, answer the following questions.
What should be prepared to demonstrate how the Pittville project will fit with other initiatives, such as the development of Work Based Learning throughout the Western Area?

  • A. SWOT analysis.
  • B. Strategic Assessment
  • C. Business strategies.
  • D. Strategic Outline Case.

Answer: D


NEW QUESTION # 56
The Consortium has stated that within the next three years, it expects to see at least a 15% increase in the attainment of qualifications. However, it has not proposed ways in which the success rates for qualifications can be increased.
Is this approach appropriate for defining the spending objectives in the Strategic Outline Case?

  • A. Yes, because the Consortium has been formed to plan the transformation of education and learning.
  • B. No, because the Consortium should NOT be specifying the targeted outcomes.
  • C. Yes, because the Strategic Case should focus on what needs to be achieved in terms of the targeted outcomes and outputs rather than input in relation to the potential solution.
  • D. No, because without a solution to the problem, there is no way of calculating what the potential improvements might be.

Answer: C


NEW QUESTION # 57
The Director of Pittville University has resigned during the procurement process. As a result, the Deputy Director is now acting as Director. The other schools have now withdrawn their objections to Pittville University running the new campus. It is thought that the delivery approach could be revised so that Pittville University manages all 16-18-year-olds education and further cost reductions could be achieved. There is no option in the OBC that provides this delivery approach with the service solution of a new campus.
Should the preferred option be reviewed in the FBC? (Select one)

  • A. Yes, because the FBC should consider the organization's strategy for managing contractual change.
  • B. No, because the preferred option should remain unchanged once selected at OBC.
  • C. Yes, because the FBC must demonstrate that the preferred option offers better VFM than the other available options.
  • D. No, because the lack of a Director of Pittville University would not affect a delivery approach involving Pittville University.

Answer: C


NEW QUESTION # 58
Which 2 observations correctly evaluate risks that could affect the affordability of this project?

  • A. The project would no longer be affordable if funding were to increase by 5%.
  • B. The project would still be viable if equipment costs were to double after Year 3.
  • C. If the other income were to be withdrawn for any reason, LEA Funding alone could fund the running costs of the scheme after Year 3.
  • D. Without the sale of Pittville High School, the project is no longer viable.
  • E. Income from the hire of the Sport Facilities must continue to increase every year for the scheme to be viable.

Answer: D,E


NEW QUESTION # 59
Which detail should be explained in the Commercial Case?

  • A. Overall affordability and funding arrangements for the deal.
  • B. Impact on the organization's balance sheet.
  • C. Implementation timescales agreed for delivery.
  • D. Impact on the organization's income and expenditure account.

Answer: C


NEW QUESTION # 60
Which is an appropriately defined SMART spending objective for improved efficiency of resources?

  • A. To reduce travel times for staff and students to and from the new campus.
  • B. To absorb up to 30% growth in the number of 16 to 18-year-old learners within the current establishment of support staff.
  • C. To increase the utilization of teachers from 75% to 90% within three years.
  • D. To create a healthy competition between learning providers to benefit learners.

Answer: C


NEW QUESTION # 61
Which 2 attributes demonstrate that this option supports the key CSF Potential affordability?

  • A. Constant prices have been used to estimate lifecycle costs in the value for money appraisal.
  • B. The option provides an increase in the progression to higher-level learning.
  • C. The addition of a new campus will be matched by plans to downsize elsewhere.
  • D. The 3 local government authorities have formed a partnership known as the Western Area Learning Consortium.
  • E. The cost of maintaining and adapting Pittville High School will be removed by closing the school.

Answer: C,E


NEW QUESTION # 62
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