Business Relationship Manager Professional (BRMP) Exam (Latest 2023/ 2024) Guide with Verified Answers- 100% Correct

Business Relationship Manager Professional (BRMP) Exam (Latest 2023/ 2024) Guide with Verified Answers- 100% Correct

Business Relationship Manager Professional
(BRMP) Exam (Latest 2023/ 2024) Guide
with Verified Answers- 100% Correct
Q: Linking Business Drivers with Technology
Answer:
Discovery technique
1) Driver – business “what”
2) Initiatives – Business “how”
3) Enablers – Provider “what”
4) Technology – Provider “how”
Q: Solution-based vs Value-based Discussions
Answer:
Solution-based: start with what we provide and connect that to a customer problem
Value-based: start with customer’s most pressing problems and needs (preferred)
Q: Customer Value Hierarchy
Answer:

  • discovery technique that’s based on Kano Model
  • x axis = customer value, y axis = effort/cost
    1) wow/differentiators ( value/ effort)
    2) want to have/satisfiers ( value/ effort
    3) table stakes/got to have ( value/ effort)
  • Categorize as deficient, meets or exceeds
  • Categorize relationship quality as weak, moderate, strong, very strong = “diagnosing
    relationship quality”

Q: Relationship Value Mapping
Answer:

  • Planning technique
  • Assess key relationships based on relationship value
  • X axis = Importance: approver, decision maker, evaluator, user
  • Y axis = Quality: weak, moderate, strong, very strong (derived from customer value hierarchy)
  • result is grid of what areas need improvement. These should flow into a relationship
    improvement plan
    Q: Relationship Improvement Planning
    Answer:
  • Planning technique
  • Derived from relationship Value map
  • template with details around improvement plan
    Q: Strategy on a Page – definition
    Answer:
  • Planning technique
  • Concrete description of the future relationship that is attractive and compelling for both parties
    Q: Strategy on a Page – 5 components
    Answer:
    1) Shared Vision – common set of goals
    2) Relationship Characteristics
    3) Performance Measures
    4) Key Initiatives
    5) Operating Principles
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