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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

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?

Options:

A.

No, because the Financial Appraisal should NOT contain revenue costs.

B.

No, because construction and refurbishment costs should be treated as capital costs.

C.

Yes, because all construction costs must be accounted for.

D.

Yes, because these represent a cost of developing the scheme.

Question 3

Which statement should be recorded under the Programme and Project Management heading?

Options:

A.

The Consortium has been formed to plan the transformation of education and learning for 11 to 18 year olds throughout the Western Area.

B.

The redefinition of jobs is to be negotiated with teaching unions and communicated to all staff.

C.

A financial special advisor has been appointed from Western Area Finance, an auditing organization.

D.

Plans could meet with substantial opposition from parents and staff.