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Better Business Cases Practitioner Exam Questions and Answers

Question 5

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

Options:

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

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

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

Plans could meet with substantial opposition from parents and staff.

Question 6

Which 2 statements should be recorded under the Proposed key contractual clauses heading?

Options:

Staff at the new campus will automatically become employees of Pittville University with the same terms and conditions of employment.

The parties shall attempt to resolve any dispute through negotiations between senior executives of the parties, who have authority to settle the same.

The new campus building is to be listed as an asset on the Local Education Authority balance sheet.

The return on the investment will repay the sum of the original investment over 10 years.

The contract period for development of the new campus is three years.

Question 7

Using the Scenario, answer the following questions about the Commercial Case for the Pittville project.

Lines 1 to 6 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.

Options:

Answer:

Explanation:

Here are the appropriate options for each line based on the assertions and reasons provided:

Option C: True (Assertion) / False (Reason) - It is appropriate that the contract includes price variations dependent on the LEA's ability to downsize. However, the reason given is false because a Commercial Case outlines how payments will be made but does not necessarily include contract price variations based on downsizing capacity.

Option E: False (Assertion) / False (Reason) - The assertion is false because the duration of a construction contract usually does not cover the lifetime of the asset; it covers the period of the construction. The reason is also false because a Commercial Case explains the delivery timescales, not necessarily the duration covering the asset's lifetime.

Option A: True (Assertion) / True (Reason) - It is true that the source of funding should be described in the Commercial Case, and the reason is true because the Commercial Case does explain the financial implications to an organization of a negotiated deal.

Option E: False (Assertion) / False (Reason) - The assertion is false; while it is important to identify and cost individual risks, encouraging a service provider to take on risks is not the primary function of the Commercial Case. The reason is also false because optimizing the transfer of risk is not the sole purpose of a Commercial Case; it's about outlining the commercial viability and arrangements.

Option A: True (Assertion) / True (Reason) - It is true that the chosen service provider for the construction should agree to the procurement strategy, and the reason is true because a Commercial Case involves agreeing to the commercial transaction and procurement strategy.

Option A: True (Assertion) / True (Reason) - It is true that the Commercial Case should explain the staff redistribution and redundancies as these are key elements of the commercial terms and conditions of the project which will affect the financial and commercial implications of the scheme.

Question 8

Which 2 observations correctly evaluate the Income?

Options:

There will be a funding gap in Year 2 when the Expenditure is forecast to exceed the Income.

The affordability of the scheme is NOT dependent upon the income from the sale of Pittville High School.

Income from the hire of the sports facilities should NOT be shown as a separate source of income.

Funding to help pay for the construction of the new campus should be shown as a separate source of income in the Revenue Budget.

Local Education Authority (LEA) Funding should be moved to the Economic Appraisal.

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APMG-International Better-Business-Cases-Practitioner Online Access

Better Business Cases Practitioner Exam Questions and Answers

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