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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

Which 2 details should be defined when determining spending objectives?

Options:

A.

Targeted outcomes and 'where we want to be'.

B.

The problems, difficulties and inadequacies associated with 'where we are now'.

C.

The boundaries, or limitations, of the project.

D.

How services are currently organized, provided and supplied.

E.

Public value in terms of return for money spent.

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Question 2

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?

Options:

A.

Should be carried forward to the short listed options.

B.

Delivers against one or more of the critical success factors.

C.

Will represent a benchmark for Value For Money throughout the appraisal process.

D.

Supports one or more of the Spending Objectives.

E.

Incorrectly identified as a Scoping Solution.

Question 3

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.