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AXELOS MSP® - MANAGING SUCCESSFUL PROGRAMMES - GLOSSARY (EN) EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATESTUPDATE| GRADEDA+ $14.39   Add to cart

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AXELOS MSP® - MANAGING SUCCESSFUL PROGRAMMES - GLOSSARY (EN) EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATESTUPDATE| GRADEDA+

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AXELOS MSP® - MANAGING SUCCESSFUL PROGRAMMES - GLOSSARY (EN) EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATESTUPDATE| GRADEDA+

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  • November 16, 2024
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  • Exam (elaborations)
  • Questions & answers
  • AXELOS MSP® - MANAGING SUCCESSFUL PROGRAMMES
  • AXELOS MSP® - MANAGING SUCCESSFUL PROGRAMMES
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AXELOS MSP® - MANAGING SUCCESSFUL
PROGRAMMES - GLOSSARY (EN) EXAM | QUESTIONS &
ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+


accountable

Correct Answer: Personally answerable for an activity. Accountability cannot bedelegated,

unlike responsibility.



aggregated risk

Correct Answer: The overall level of risk to the programme when all the risks are viewed as a

totality rather than individually. This could include the outputs of particularscenarios or risk

combinations.



as-is state

Correct Answer: The current operating structure and performance of the parts of thebusiness

which will be impacted by a programme.



assumption

Correct Answer: A statement that is taken as being true for the purposes of planning,but which

could change later. An assumption is made where some facts are not yet known. There is a risk

that assumptions are not correct.

,assurance

Correct Answer: All the systematic actions necessary to provide confidence that the target

(system, process, organization, programme, project, outcome, benefit, capability,product output,

deliverable) is appropriate. Appropriateness might be defined subjectively or objectively in

different circumstances. The implication is that assurance will have a level of independence from

that which is being assured.



baseline

Correct Answer: A reference level against which an entity is monitored andcontrolled.



benefit

Correct Answer: The measurable improvement resulting from an outcome perceivedas an

advantage by one or more stakeholders, and which contributes towards one or more

organizational objective(s).



benefits management

Correct Answer: The identification, definition, tracking, realization and optimization ofbenefits

within and beyond a programme.


benefits register

Correct Answer: Summary document that contains key information from the benefitprofiles.



best practice

, Correct Answer: A defined and proven method of managing events effectively.



border

Correct Answer: The time-bound limitations of a tranche, i.e. when end-of-tranchereviews are

held and the programme receives endorsement to move into the next tranche.



boundary

Correct Answer: The scope of what a programme will cover; the extent of itsinfluence and

authority.



business as usual (BAU)

Correct Answer: The way the business normally achieves its objectives.



business case management

Correct Answer: The manner in which a programme's rationale, objectives, benefitsand risks are

balanced against the financial investment, and how this balance is maintained, adjusted and

assessed during the programme.



business change authority

Correct Answer: An individual who represents a group of business change managers,similar to a

senior BCM or business change sponsor.

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