100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BRMP 2023 Exam Questions with Correct Answers $10.99   Add to cart

Exam (elaborations)

BRMP 2023 Exam Questions with Correct Answers

 9 views  0 purchase
  • Course
  • BRM
  • Institution
  • BRM

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 (...

[Show more]

Preview 2 out of 9  pages

  • April 10, 2024
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • BRM
  • BRM
avatar-seller
osorebrilliant
BRMP 2023 Exam Question s 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 intersection of service provider and business partner -stimulates surfaces and shapes business demand for maximum value -member of both Provider and business mgmt teams Business Relationship Manage r - Definitions - Answer --stimulate, surface and shape business demand for a provider's products and services and ensure that the potential business value from those products and services is captured, optimized and communicate - Role - connector and translator -Discipline and organizational capability - set of competencies and processes that foster productive, value producing relationships between Provider and the business units they serve 3 BRM Metaphors - Answer -1) Navigator - facilitate business -Provider convergence 2) Connector - facilitate connections and mobilize projects and programs 3) Orchestrator - orchestrate Capabilities to seize value from provider services High Level Capability Model (3) - Answer -1) Demand Gove rnance Capabilities 2) Value Chain Capabilities 3) Enabling Capabilities Business -Provider Maturity Model - Answer -- Tool for calibrating business demand maturity, provider supply maturity, and the BRM role - BRM role will be tactical when below mid two , role will be strategic above ~2.5 What is BRM responsibility for Value Optimization? (RACI) - Answer -Responsible BRM Related Standards (3) - Answer -- ISO 20000 - ITIL Framework - SFIA (Skills Framework for the Information Age) Business Relationship Ma turity Model - Answer -- Maturity of the business -Provider (IT) relationship - L1: Ad Hoc - L2: Order Taker - L3: Service Provider - L4: Trusted Advisor - L5: Strategic Partner Business -Provider Alignment Model - Answer -1. Environment 2. Strategic Context 3. IT Strategy 4. IT Portfolio Business -Provider Alignment Model - Barriers - Answer -1. Environment - Contextual Barriers (what drives our behavior) 2. Strategic Context - Expression Barrier (what we want to do) 3. IT Strategy - Speci fication Barrier (what IT must do) 4. IT Portfolio - Implementation Barrier (what we get done) Credibility Equation - Answer -Credibility = expertise + trustworthiness Key component to climbing maturity levels Demand Shaping - Answer -- one of the 4 pill ars/capabilities - process by which possibilities for using the Provider's services within the business are surfaced and capitalized upon - goal is to identify that set of possibilities that will create the most value for the organization

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller osorebrilliant. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.99
  • (0)
  Add to cart