Better-Business-Cases-Practitioner

Main points of APMG-International Better-Business-Cases-Practitioner Test

The APMG-International Better Business Cases Practitioner exam focuses on the practical application of the Better Business Cases (BBC) methodology for developing and evaluating business cases. Here are the main points covered:

1. Understanding the BBC Methodology:

• Purpose and Benefits of BBC: Knowing why the BBC methodology exists, its intended uses, and its benefits for organizations.
• Principles and Structure of BBC: Understanding the key principles underlying BBC and the structured approach for developing business cases.
• BBC Components: Familiarizing yourself with the core components of a BBC, including the case for change, options analysis, appraisal, and implementation plan.

2. Creating and Evaluating Strong Business Cases:

• Defining the Business Problem: Identifying and clearly articulating the business problem or opportunity that the project addresses.
• Developing Options Analysis: Generating and evaluating alternative solutions, including a "do nothing" option, to solve the identified problem.
• Conducting Appraisal: Using financial and non-financial appraisal techniques to assess the viability of each option, including cost-benefit analysis, risk assessment, and stakeholder impact analysis.
• Presenting the Business Case: Effectively communicating the business case to stakeholders in a clear, concise, and compelling manner.

3. Applying BBC in Different Contexts:

• Understanding Different Business Case Types: Knowing the types of business cases relevant to different project types (e.g., IT, infrastructure, service delivery).
• Adapting BBC to Specific Sectors: Applying the principles of BBC to specific industries and contexts while considering industry-specific factors.
• Dealing with Uncertainty and Risk: Recognizing and managing uncertainty and risks in business cases through scenario planning and sensitivity analysis.

4. Key Skills and Tools:

• Communication and Stakeholder Management: Successfully communicating the business case to stakeholders at different levels and managing their expectations.
• Financial Analysis and Modeling: Effectively using financial analysis techniques and tools to evaluate the financial implications of proposed projects.
• Risk Management and Impact Assessment: Assessing and mitigating risks, and understanding the potential impact of projects on stakeholders.

5. The Exam Format and Structure:

• Objective Questions: The exam typically consists of multiple-choice questions covering various aspects of the BBC methodology.
• Scenarios and Case Studies: You may encounter scenarios or case studies where you are required to apply the principles of BBC to a real-world situation.
• Time Limit: You will have a specific time limit to complete the exam.

To prepare for the exam, you should:

• Thoroughly review the APMG-International Better Business Cases Practitioner syllabus and materials.
• Practice answering exam-style questions and work through case studies.
• Attend a training course or workshop for the BBC Practitioner qualification.
• Gain hands-on experience in developing and evaluating business cases.

The Better Business Cases Practitioner certification demonstrates your understanding and ability to apply the BBC methodology, which is valuable for professionals involved in project management, business analysis, and decision-making.