It is possible. But you need to keep a few things in mind. SCVMM consists out of roles so are those roles separated or all in the same VM. Will you do Re-IP? (That will probably break a few things since hosts won't be able to talk back to the VMM server and so on). So you can do this, but test it out and see what problems you are going to have. A different IP will probably be your biggest issue.