What does it mean for a justification approach to be 'fit for purpose'?

The approach is approved by all stakeholders

The approach is tailored to the specific needs and context of the programme

The approach is the most detailed possible

The approach is the same as used in previous programmes

A programme's business case includes two major risks: a technology risk that the new platform will fail to integrate with legacy systems, and a market risk that customer demand will be lower than forecast. The risk assessment treats these risks as independent and sums their expected monetary values. However, the programme's benefits rely on the new platform being operational and on customer adoption. What is the most appropriate action for the Programme Manager?

Re-validate the business case with stakeholders to confirm that the risks are acceptable.

Increase the contingency fund by the sum of the two expected monetary values to cover the worst-case scenario.

Keep the risks separate because they are in different categories and the business case already includes a contingency for each.

Assess the combined effect of the risks, considering that the technology failure would also undermine the market benefits, and adjust the business case accordingly.

A programme is being initiated in a large multinational corporation. The SRO has asked for a document that defines the programme's vision, objectives, and the expected benefits, and that will be used to gain approval to proceed with the programme. Which document should be produced?

The business case, which provides a detailed justification for the investment.

The programme brief, which provides a high-level view of the programme and is used to obtain approval to proceed.

The financial plan, which details the budgets and cash flow for the programme.

The programme strategy, which outlines the funding approach and how the programme will be financed.

What is the primary purpose of the financial plan within the justification theme?

To detail the funding approach and cash flow requirements for the programme

To describe the benefits and disbenefits of the programme in measurable terms

To provide a detailed breakdown of all programme risks and their impacts

To record the programme's vision and strategic objectives

When assessing the combined effects of risks on the business case, what does 'aggregation of risks' mean?

Eliminating risks that are unlikely to occur

Transferring risks to a third party

Adding up the individual risk impacts to get a total potential impact

Identifying the most severe risk and focusing on it

MSP Practitioner (5th edition)

Domain 2Objective 4

2.4 Justification Theme (chapter 6) MSP-PRACTITIONER-5TH-EDITION Practice Questions (Page 2)

Part of the Understand how to apply and tailor relevant aspects of the MSP themes in context domain, which makes up ~39% of our current practice bank. PeopleCert does not publish an official question count, but from its 150-minute exam (~60–100 total, ~23–39 in this domain), expect 3–5 from this objective — we provide 27 practice questions to prepare you well beyond it. (estimate)

27questions here

6free pages

8concepts

8 Concepts in This Objective

Key documents for the justification theme
Roles and responsibilities in the justification theme
Financial and non-financial measures of benefits and disbenefits
Validating a business case
Combined effects of risks on justification
Financial planning and control
Tailoring the justification theme to the environment
Effectiveness and fit-for-purpose assessment of justification approach

Questions 6–10

6foundation · easy
What does it mean for a justification approach to be 'fit for purpose'?
Select an answer first
7expert · hard
A programme's business case includes two major risks: a technology risk that the new platform will fail to integrate with legacy systems, and a market risk that customer demand will be lower than forecast. The risk assessment treats these risks as independent and sums their expected monetary values. However, the programme's benefits rely on the new platform being operational and on customer adoption. What is the most appropriate action for the Programme Manager?
Select an answer first
8application · medium
A programme is being initiated in a large multinational corporation. The SRO has asked for a document that defines the programme's vision, objectives, and the expected benefits, and that will be used to gain approval to proceed with the programme. Which document should be produced?
Select an answer first
9foundation · easy
What is the primary purpose of the financial plan within the justification theme?
Select an answer first
10foundation · easy
When assessing the combined effects of risks on the business case, what does 'aggregation of risks' mean?
Select an answer first

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