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Selected Better-Business-Cases-Practitioner Better Business Cases Questions Answers

Better Business Cases Practitioner Exam Questions and Answers

Question 25

Which 2 attributes demonstrate that this option supports the key CSF Potential value for money?

Options:

A.

New opportunities will be available for teachers to be involved in delivering the new education courses.

B.

The 'BAU/status quo' option is the baseline for assessing value for money.

C.

There is a reasonably positive reaction from local schools to the Old Fire Station Headquarters being used as a second site.

D.

The demographic forecasts are for further reductions in the demand for places over the next five years.

E.

A new campus would provide modern and better facilities at a cheaper cost than refitting existing buildings.

Question 26

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 27

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

The following questions include only true statements about the project, but only two statements are appropriate entries for the

suggested heading of the Commercial Case.

Remember to select 2 answers to each question.

Which 2 statements should be recorded under the Required services heading?

Options:

A.

20% of the contract price is to be paid up front for materials.

B.

To increase the rate of 16-18-year-olds participating in education and training by at least 15% within the next three years.

C.

The major users of the finished campus will be 16-18 year old learners.

D.

The selected contractor will be responsible for taking measures to reduce any potential errors in the construction phase.

E.

All intellectual property rights are to be maintained by the Local Education Authority.

Question 28

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.