ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
Value Management Process - ANSWERS-1. Value Creation Ideas (idea document)
2. Value Creation Plan
3 Develop Business Case
4 Approve Business Case (NPV)
5 Capture and Communicate Value
QUESTION 2
Value Plan - ANSWERS-1. Definition
2. Value by timeframe
3. Reporting Schedule
4. How measured
5. How long will the value be measured
6 Stakeholders and their level of committment
7. Point of action
END OF
PAGE 1
, BRMP CERTIFICATION 2025
QUESTION 3
Business Case Components - ANSWERS-1. Executive Summary (includes
financial highlights)
2. Project Overview
3. Business Alignment (strategic alignment)
4. Infrastructure Impact
5. Costs (certain or estimated, 1x or ongoing) +/- 10%
6. Benefits (productivity improvement, cost savings, avoided costs, revenue
enhancements)
7. NPV Assessment - Prime decision support tool
8. Risk assessment
9. Alternative Solutions
10. Value Measurement Plan
QUESTION 4
Weill Broadbent Classification Scheme - ANSWERS-Infrastructure (services)
Transactional (payroll)
Informational (data to make decisions)
Strategic (competitive advantage)
END OF
PAGE 2
, BRMP CERTIFICATION 2025
QUESTION 5
Boston Square - ANSWERS-Strategic (competitive advantage)
High Potential (highly speculative)
Factory (delivering value now)
Support (avoid competitive disadvantage)
QUESTION 6
Portfolio Management Lifecycle - ANSWERS-1. Demand Shaping
2. Portfolio analysis & Prioritization
3. Portfolio Rationalization
4. Portfolio Selection
5. Monitor Program & Project Execution
6. Benefits Realization
- across the entire life cycle Resource Management and Dashboard & Reporting
QUESTION 7
Governance - ANSWERS-Ensures that stakeholder needs, conditions and options
are evaluated to determine balanced, agreed-on enterprise objectives to be
achieved; setting direction through prioritization and decision making; and
END OF
PAGE 3