BRMP Definitions Exam Questions with Correct Answers

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 for a provider's products and services and ensures that the potential business value from those products and services is captured, optimized and recognized. Typical BRM Role - Answer-· Sits at intersection of service provider and business partner · Stimulates, surfaces and, shapes business demand for maximized value · Member of both business and provider management teams What BRM can be - Answer-A Discipline, A Role A Capability A Philosophy BRM Metaphors - Answer-Connector, Orchestrator, and Navigator BRM Connector (handshake) - Answer-Magic in the Middle - Facilitate productive connections - Mobilize Projects and Programs o Business: Stimulate, surface and shape demand; Raise "IT Savvy" o Provider: Influence appropriate supply BRM Orchestrator (conductor) - Answer-Single Point of Focus - Orchestrate capabilities to drive value from Provider services o Business: Coordinate and aggregate demand o Provider: Orchestrate key provider roles BRM Navigator (roadmap) - Answer-Roadmaps to Business Value - Facilitate Business‐Provider convergence o Business: Facilitate business strategy and roadmapping o Provider: Guide Architecture, Portfolio and Program Management 6 BRM Competencies (Foundation/Bullseye) - Answer-1. Strategic Partnering 2. Business IQ 3. Portfolio Management 4. Provider Domain & Service Mgmt disciplin