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Created by Miroslaw Dabrowski

APMG Managing Benefits™ Foundation Exam Simulator

multiple choice exam (ABCD)
one correct answer per question
# of questions: 50 | 50% to pass (25)
duration: 40 minutes

Copyright © Mirosław Dąbrowski

1 / 40

1. Which perspective in a standard Balanced Scorecard would include performance on production constraints?

2 / 40

2. Which type of measure provides an early warning where things may not be going according to plan?

3 / 40

3. Identify the missing words in the objective of the Identify and Quantify practice. To lay the basis for informed options analysis, _____, and portfolio prioritization.

4 / 40

4. Which type of benefit is opportunity management specifically concerned with?

5 / 40

5. According to Ward and Daniel, what is the name given to stakeholders receiving a high level of benefits with a low level of change required?

6 / 40

6. Which case in the Business Case contains an appraisal of the alternative means of realizing the required benefits?

7 / 40

7. Which type of benefits map shows how outputs combine to create capabilities which transition into outcomes, which enable benefits realization?

8 / 40

8. Which is NOT an appropriate format for benefits realization reporting?

9 / 40

9. What does the objective of the Review practice include?

10 / 40

10. Which is NOT an example of one of the four generic investment objectives?

11 / 40

11. Which document contains guidance on benefits mapping to be applied across the change portfolio?

12 / 40

12. What type of conversation is designed to produce a specific action and result?

13 / 40

13. Which key function/activity will benefits management coordinate with regarding "booking the benefits"?

14 / 40

14. Which is NOT a technique that can be used to facilitate the assessment of strategic contribution?

15 / 40

15. Which form of analysis appraises potential investments in terms of their attractiveness and achievability?

16 / 40

16. Which is one of the seven principles in the Benefits Management Model?

17 / 40

17. Identify the missing words in the sentence. Portfolio-based benefits management ensures: the best use of available resources and that the contribution to operational performance and _____ is optimized.

18 / 40

18. Which metric is calculated as the average annual profit divided by the average investment cost?

19 / 40

19. In what sequence would the following pre-transition flow steps occur?

  1. Plan transition
  2. Assess readiness for change
  3. Establish benefits measurements

20 / 40

20. Confidence in the realization of which type of benefit can be enhanced by the use of conversion ratios?

21 / 40

21. Identify the missing words in the definition of a benefit. The measurable improvement resulting from _____ perceived as an advantage by one or more stakeholders.

22 / 40

22. In which circumstances will an evolutionary approach to implementation of benefits management be MOST appropriate?

23 / 40

23. The objectives of what practice include capturing and leveraging emergent benefits?

24 / 40

24. What does customer insight bring to the initiative design process?

25 / 40

25. In an MSP environment, which role is responsible for monitoring benefits realization post transition?

26 / 40

26. What approach to investment appraisal is particularly suited to mandatory initiatives?

27 / 40

27. Which OGC Gateway review is an ex-post evaluation of benefits realization?

28 / 40

28. Which key success characteristic of benefits management is evidenced by the use of "reference class" data?

29 / 40

29. Which BEST describes the relationship between value management and benefits management?

30 / 40

30. Which is NOT a technique used in facilitating effective monitoring of benefits realization at a portfolio-level?

31 / 40

31. What is over-optimism in forecasting benefits an example of?

32 / 40

32. Which is a technique that supports the Principle: Start with the end in mind?

33 / 40

33. Which document describes the arrangements for managing benefits after closure of a specific change initiative?

34 / 40

34. What is called for in an environment of complexity, uncertainty and ambiguity?

35 / 40

35. In an MSP environment which role is responsible for developing the Benefits Management Strategy?

36 / 40

36. Which cognitive bias is addressed by "reference class" forecasting?

37 / 40

37. Which technique will help MOST in the development of a value culture?

38 / 40

38. Which statement illustrates a key characteristic of effective governance?

39 / 40

39. Which feature of an appropriate benefits categorization system is illustrated by dual dimension categorization?

40 / 40

40. What independent review is undertaken to confirm the case for investment at an early point in the business change lifecycle?

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Question Bank

See the question distribution graph across APMG Managing Benefits™ categories in the question bank. You must be proficient in those categories to pass the official APMG Managing Benefits™ Foundation exam.

Also, take a look at the Managing Benefits™ Interactive Mind Map.

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APMG Managing Benefits exam simulator by Miroslaw Dabrowski

APMG Managing Benefits™ Foundation exam questions and answers

Questions categorized according to APMG Managing Benefits™ Foundation exam Syllabus

APMG Managing Benefits™ Materials

Additional links and materials for download on APMG Managing Benefits™ methodology

The APMG Managing Benefits™ Interactive Mind Map

The Managing Benefits™ study guide mind map outlines key concepts for effective benefits management. It includes sections on benefits management principles, practices, and lifecycle. The map covers identifying, planning, delivering, and reviewing benefits. It emphasizes the importance of aligning benefits with strategic objectives, stakeholder engagement, and establishing measurement frameworks. The guide also highlights risk management, benefit sustainment, and the role of governance in ensuring continuous improvement and value realization from projects and programs.

The APMG Managing Benefits™ Syllabus

The document was created with training companies in mind, so-called Accredited Training Organizations (ATOs). It provides information on the scope of Managing Benefits™ exams, thereby allowing for the design of training and training materials following the requirements of APMG so that the training and materials fully prepare candidates for Foundation and Practitioner exams.

Why should I read the APMG Managing Benefits™ Syllabus?

So what value does this provide for you? By reading the teaching syllabus, you will learn about the scope of Managing Benefits™ exam questions for Managing Benefits™ Foundation and Managing Benefits™ Practitioner exams, and thus, which topics (and to what extent) from the official Managing Benefits™ Handbook are covered in the exams, and which are not. For example, not everyone knows that the Foundation exam does NOT cover the entire textbook.

Official Handbook
Amazon

Managing Benefits: Optimizing the Return from Investments

The official APMG Managing Benefits™ qualification/exams (Foundation and Practitioner) AND official, accredited Managing Benefits™ courses are entirely based ONLY on the content covered in the publication below:

  • Title: Managing Benefits: Optimizing the Return from Investments
  • Pages: 281
  • ISBN-10: 0117082511
  • ISBN-13: 978-0117082519
Stephen Jenner: Co-Author of the "Management of Portfolios" V1 (MoP® V1)
Stephen Jenner,
Lead Author
Stephen Jenner

The OGC Gateway™ Process

Step 0 of OGC Gateway™ Process - Review 0: Strategic Assessment

This Workbook supports OGC Gateway Review 0: Strategic Assessment. This is a programme-only Review that sets the programme in the wider policy or corporate context. This Review investigates the direction and planned outcomes of the programme, together with the progress of its constituent projects. It can be applied to any type of programme, including policy and organisational change. The Review is repeated throughout the life of the programme from start-up to closure; an early OGC Gateway Review 0 is particularly valuable as it helps to confirm that the way forward is achievable before plans have been finalised.

Step 1 of OGC Gateway™ Process - Review 1: Business Justification

This Workbook supports OGC Gateway Review 1: Business Justification. This is the first project Review, which investigates the Strategic Business Case and proposes a way forward to confirm that the project is achievable and likely to deliver what is required. The Review checks that: stakeholders approve of the intended benefits of the project, linkage with the programme and organisational objectives is clear, the optimum balance of cost, benefits and risk has been identified.

Step 2 of OGC Gateway™ Process - Review 2: Delivery Strategy

This Workbook supports OGC Gateway Review 2: Delivery Strategy. This Review investigates the assumptions in the Outline Business Case and the proposed approach for delivering the project. If there is a procurement, the delivery strategy will include details of the sourcing options, proposed procurement route and supporting information. The Review will also check that implementation plans are in place.

Step 3 of OGC Gateway™ Process - Review 3: Investment Decision

This Workbook supports OGC Gateway Review 3: Investment Decision. This Review investigates the Full Business Case and the governance arrangements for the investment decision to confirm that the project is still required, affordable and achievable. The Review also checks that implementation plans are robust.

Step 4 of OGC Gateway™ Process - Review 4: Readiness for Service

This Workbook supports OGC Gateway Review 4: Readiness for Service. This Review investigates the organisation’s readiness to make the transition from the specification/solution to implementation; where appropriate it will assess the capabilities of delivery partners and service providers. The Review also confirms that ownership of the project is identified after handover to operational services.

Step 5 of OGC Gateway™ Process - Review 5: Operations Review and Benefits Realisation

This Workbook supports OGC Gateway Review 5: Operations Review and Benefits Realisation. This Review confirms that the benefits set out in the Business Case are being achieved and that the operational service (or facility) is running smoothly. The Review is repeated throughout the life of the service, with the first Review typically 6-12 months after handover to the new owner and a final Review shortly before the end of a service contract. The Review can also be used on a one-off basis, to check that a project has delivered its intended outputs.

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Paulo CoelhoWhen he was preparing for the Managing Benefits™ exam

After over 20 years in IT and personally clearing more than 200 certifications in IT, InfoSec, management, coaching, mentoring, and training, 15 of which have been in Agile Transformations, Agile Leadership and Governance, and more than 10 years as an Accredited MoP®, MSP®, PRINCE2®, PRINCE2 Agile®, M_o_R®, OBASHI®, P3O®, ITIL® trainer, it’s time to give something back to the community. Just as many great people helped me along the way, I want to contribute to the community, because the truth is that none of it matters if you don’t share and help others.

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As an official International Ambassador for the Agile Business Consortium, I voluntarily promote ABC, including the standards under its umbrella such as AgilePM®, AgileBA®, AgileDS®, and others. I am also engaged in translating ABC's products, as well as supporting the development of the Consortium's strategy, extending its reach to organizations seeking agile ways of working.

Finalist of Agile Awards 2015

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Anyway, I'm trying to say that I've invested more than 15 years of my professional and private time in this 'Agile stuff.' It's time to give something back to the community.

Many great people have helped me along the way, and I want to contribute to the community. I believe that none of it matters if you don’t share and help others.

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Don't be fooled by Managing Benefits™ exam dumps

I hope you will find my exam simulator valuable on your journey. The simulator is not just a tool to help you pass your upcoming Managing Benefits™ Foundation exam, but also to learn and understand the knowledge areas associated with the specific domain you are studying. Passing an exam shouldn’t be the ultimate goal in itself but rather a checkpoint in your never-ending self-development journey. The goal of the Managing Benefits™ Exam Simulator is to provide you with as much learning feedback as possible, so you won’t waste your time memorizing questionable Managing Benefits™ exam dumps or shady Managing Benefits™ question databases with no prior verification of correct answers and with no rationals to questions.

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My Better Business Cases, Managing Benefits, and PeopleCert "Pokémons"

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Don’t hesitate to contact me if you have any questions. Moreover, should you encounter any issues, bugs, or typos in the exam, your assistance in enhancing the simulator would be greatly appreciated. Please utilize the pink icon during the exam (under the navigation buttons) to submit any problematic questions for review.

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