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Better-Business-Cases-Practitioner Exam Dumps : Better Business Cases Practitioner Exam

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Better Business Cases Practitioner Exam Questions and Answers

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?

Options:

A.

No, because the anticipated benefits will remain the same.

B.

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

C.

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

D.

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

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Question 2

Which statement should be recorded under the Benefits Realization heading?

Options:

A.

The Pittville Project Manager is responsible for producing regular progress reports for the Senior Responsible Owner of the project.

B.

The local university has proposed to run a series of workshops in the Western Area to prepare for university applications.

C.

The rationalization of courses to improve pupil/teacher ratios.

D.

The Reference Project is based on using the same property management company that maintains Pittville University.

Question 3

Two of the options in the OBC have been revised, as shown in the table above.

Should Option B be ranked as the preferred option?

Options:

A.

No, because the benefits are greater for Option A.

B.

No, because the public sector test discount rate has been applied.

C.

Yes, because option B has positive liquidity.

D.

Yes, because Option B has the higher NPSV.