BRMP Study guides, Class notes & Summaries

BRMP 2023 Exam Questions with Correct Answers House of BRM - 4 pillars (core disciplines) - Answer-1. Demand shaping 2. Exploring 3. Servicing 4. Value harvesting House of BRM - Roof - Answer-Clarity of the BRM role in context of provider STRATEGY and OPERATING MODEL BRM Competencies (6) - Answer-1) Strategic Partnering 2) Business IQ 3) Portfolio Management 4) Provider Domain 5) Powerful Communication 6) Business Transition Management Typical BRM role - Answer--sits at inter...

Purpose, Planet, People - correct answer -What are the three elements in the triple bottom line? A relationship-centered organization is a comprehensive system focused on relationships as the source for limitless energy, [ ? ] and helping an organization satisfy its purpose - correct answer -Drive Value Which of the following statements about relationship-centered and traditional organizations are true? 1. A traditional organization leaves relationship-building to chance, while a relat...

Partner Cultural & Political Strategic Context - ANSWER 1. Values 2. Principles 3. Policies 4. Implications Provider Explicit & Tangible Strategic Context - ANSWER 1. Mission 2. Vision 3. Intents 4. Outcomes Provider Operating Model Context - ANSWER 1. Initiatives 2. Services 3. Governance 4. Processes 5. Organization 6. Metrics

House of BRM - 4 pillars (core disciplines) - ANSWER 1. Demand shaping 2. Exploring 3. Servicing 4. Value harvesting House of BRM - Roof - ANSWER Clarity of the BRM role in context of provider STRATEGY and OPERATING MODEL

Cultivator Mindset - ANSWER 1. Helpful when trying to improve something 2. Open to new approaches and suggestions 3. Facilitates trust between all parties makes ideas flow better 4. desire that thinking is understandable 5. leverage existing resources or value streams BRM Mindset PSRPF - ANSWER 1. Purposeful 2. Self-actualized 3. Relationship Centered 4. Playful 5. Fearless BRM

Purpose, Planet, People - ANSWER What are the three elements in the triple bottom line? A relationship-centered organization is a comprehensive system focused on relationships as the source for limitless energy, [ ? ] and helping an organization satisfy its purpose - ANSWER Drive Value

BRM - ANSWER A philosophy, capability, discipline and role to evolve culture, build partnerships, drive value, and satisfy purpose. Satisfy Purpose (BRM Capability) - ANSWER To perpetually sustain great reasons for being, both for an organization and the people associated with an organization. Evolve Culture - ANSWER Linking individual purpose to the organization's purpose is part of what BRM Sub-capability?

Business Relationship Manager - ANSWER A role that serves as the strategic interface between a Provider, and one or more Business Partners to stimulate, surface and shape business demand for the Provider's products and services and ensure that the potential business value from those products and services is captured, realized, optimized and recognized. Three Perspectives of BRM - ANSWER - Role (duties and responsibilities) - Discipline (skills, capabilities and knowledge) - Organization C...

Order Taker Role in Business & IT Strategy Phase - ANSWER - Identify key stakeholders - WORK to build relationships & understanding of business/service provider (SP) Coordinator Role in Business & IT Strategy Phase - ANSWER - CONTINUE to build/MAINTAIN relationships - use Gemba & provide basic guidance/advice - provide basic operational metrics - BEGIN TO look for service provider (SP)/business trends - BEGIN TO have service review meetings w/ both groups

BRMP PRACTICE STATEMENTS (Y N) With Correct answers (IN) - Great work relationships satisfy purpose to help organizations operate indefinitely. <.> - Answer-Y - Page 9 Organizations need Purpose <,> (IN) - Value is defined by revenue and profit. <.> - Answer-N - (Value is defined by so much more than just revenue, expenses, and profit. It can also come from a person having a sense of pride in a job well done, or from feeling their work has meaning.) Pg 9 Idea of Value is E...

BRMP Practice Exam Questions with Correct Answers Define psychology - Answer-the scientific study of human behaviour and mental processes. Why is psychology a science? - Answer-because it uses empirical methods and takes a scientific approach to understanding human behaviour. Science is a general way of understanding the natural world. Its 3 main features are: - Answer-1. Systematic empiricism 2. Empirical questions 3. Public knowledge Pseudoscience refers to - Answer-beliefs and act...

BRMP Definitions Exam Questions with Correct Answers Partner Cultural & Political Strategic Context - Answer-1. Values 2. Principles 3. Policies 4. Implications Provider Explicit & Tangible Strategic Context - Answer-1. Mission 2. Vision 3. Intents 4. Outcomes Provider Operating Model Context - Answer-1. Initiatives 2. Services 3. Governance 4. Processes 5. Organization 6. Metrics What Is a Business Relationship Manager? - Answer-Stimulates, surfaces and shapes business demand ...