Online Access Free Better-Business-Cases-Practitioner Practice Test

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 inflation is estimated to be 2% per annum.
Should the project manager use this information when preparing the Financial Appraisal for this scheme?

• A.Yes, because inflation will reduce the cost of the scheme over time.
• B.Yes, because the Financial Appraisal should include the cost of inflation.
• C.No, because the Financial Appraisal should exclude the cost of general inflation and depreciation.
• D.No, because the Financial Appraisal should include constant or real prices.

Service Solution 2: 'New development on Pittville University site and close and transfer all further education units in the Pittville area resulting in financial affordability'.
Which 2 statements are correct about this entry in the Options Framework?

• A.This is a Service Scope option NOT a Service Solution option.
• B.Supports one or more of the Spending Objectives.
• C.Delivers against one or more of the critical success factors.
• D.This is the LEA's preference and therefore the preferred option.
• E.Will represent a benchmark for Value For Money throughout the appraisal process.

Which 2 statements should be recorded under the Business needs heading?

• A.Success rates for qualifications are near average.
• B.Long term financial viability of the education and training system for 11-18- year-olds.
• C.The Pittville development option will result in a net saving in cleaning costs
• D.Existing staff can absorb a 30% increase in the number of 16-18 year old learners.
• E.Achieving success rates for qualifications.

Which action should be completed by the Pittville Project Board?

• A.Produce regular progress reports for the Senior Responsible Owner of the project.
• B.Plan, in detail, the construction of the new learning campus.
• C.Document the project risks in the risk log.
• D.Approve the continuation of the project at the end of each delivery stage.

Answer the following question about scoping the proposal and preparing the Strategic Outline Case (SOC) for the Pittville project.
Column 1 is a list of information gathered about the Pittville project. For each entry in Column 1, select from Column 2 the option that best describes it. Each selection from Column 2 can be used once, more than once or not at all.

Correct Answer:

References:
These associations are made with the context of scoping the proposal and preparing the Strategic Outline Case (SOC) for the Pittville project, where it is crucial to align gathered