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NEW QUESTION 155
What business analysis plan defines the process to be followed in managing the solution scope and requirements?
- A. Project management plan
- B. Requirements management plan
- C. Change management plan
- D. Scope management plan
Answer: B
NEW QUESTION 156
What business analysis plan defines the process to be followed in managing the solution scope and requirements?
- A. Project management plan
- B. Requirements management plan
- C. Change management plan
- D. Scope management plan
Answer: B
NEW QUESTION 157
When does the lessons learned document is updated?
- A. At closing phase.
- B. At planning phase.
- C. At execution phase.
- D. Throughout the project lifecycle.
Answer: D
Explanation:
Section: Volume C
Explanation/Reference:
NEW QUESTION 158
A business analyst (BA) is eliciting requirements to automate existing manual processes for fulfilling end users service requests. There is pressure from management to automate the process quickly using a commercial off- the-shelf (COTS) tool. The COTS solution has various modules including one for service request automation that has yet to be implemented in the organization. What is the BA's first step?
- A. Create a change strategy
- B. Perform a gap analysis to understand missing capabilities
- C. Implement the COTS tool's modules
- D. Modify the COTS tools to fit the existing process
Answer: A
NEW QUESTION 159
Which of the following is a quality control chart to track trends in project execution?
- A. PERT chart
- B. RACI chart
- C. Pareto chart
- D. Control chart
Answer: D
NEW QUESTION 160
What plan will describe the stakeholder groups, communication needs, and the level of formality that is appropriate for the requirements?
- A. Business analysis communication plan
- B. Requirements management plan
- C. Project management plan
- D. Scope management plan
Answer: A
NEW QUESTION 161
All of the following are examples of transference risk response except for which one?
- A. Performance bonds
- B. Use of insurance
- C. Life cycle costing
- D. Warranties
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 162
Henry is the business analyst for his organization and is completing the conduct elicitation activity.
Part of this activity is to record the results of the requirements elicitation process. All of the following are acceptable elements for requirements documentation except for which one?
- A. Whiteboards
- B. Text message sent via a secured mobile phone
- C. Written documents describing the outcomes
- D. Visual or audio recordings
Answer: B
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 163
Which of the following reports is generated whenever the project is slipping off the project schedule and includes an explanation of the problem?
- A. Status report
- B. Schedule variance report
- C. Cost variance report
- D. Delay report
Answer: B
NEW QUESTION 164
What portion of the communications model could be defined as the translator?
- A. Sender
- B. Medium
- C. Translator
- D. Receiver
Answer: B
NEW QUESTION 165
A business analyst is helping management determine which solution they should choose. As it happens that the organization can only choose one of the two solutions due to time and resource restrictions. Solution A worths $456,000 to the organization while solution B worths $565,000 to the organization. While solution A costs less, it is less risky and takes less time to complete so management elects to seize Solution A.
What is the opportunity cost?
- A. There is not enough information to know how much the solution will cost the organization.
- B. $565,000
- C. $456,000
- D. $109,000
Answer: B
NEW QUESTION 166
A bank moves currency from the main office to the branches daily for operational use. To avoid paying overnight interest, the branches return the currency at the end of the business day. The bank requires a new inventory management system to account for the whereabouts of the cash at all times. A software provider has proposed a heavily customized version of their standard inventory management software. As the project progresses, the business analyst (BA) identifies a number of subtleties that would suggest a fully made to order solution may be a better option for the bank. What inputs does the BA need to perform the analysis?
- A. Needs and business analysis approach
- B. Potential value and design options
- C. Change strategy and performance objectives
- D. Requirements and business policies
Answer: B
NEW QUESTION 167
A national branch of a global company is struggling to improve business processes of its Public and Government Affairs (PGA) department. To work with external stakeholders effectively, PGA employees need to collect, manage, and exchange a vast amount of information. Complex cases involve collaboration of many employees from different departments. The ability to share information and to coordinate corresponding activities is crucial for the company's growth plans. Their current tools and practices do not serve the purpose well. The existing system, which was deployed a couple of years ago, has only a few active users. The majority of PGA employees avoid using it because the system is hard to use and lacks needed functionality.
Consequently, available information is mostly unstructured and stored either locally or on a shared network drive. Some of the information exists only in a paper form.
The branch's PGA head, who sponsors the project, wants to implement a configurable solution that two other branches successfully deployed several months ago. Both deployments were done by three solution consultants, who will be available to assist in the project. They will be responsible for tailoring the solution to PGA needs, as well as for training the PGA staff. With their help, the sponsor plans to complete the project in approximately three months.
The solution consultants reside in another country 7 hours ahead of the rest of the project team. They will be available part-time, but are planning two one-week long trips to the PGA central office to conduct initial training and to participate in the final deployment of the system into production. The consultants, in turn, expect a business analyst (BA) to assist in collecting necessary data and defining customization requirements.
The solution consultants have composed a set of as-is solution documents. A spreadsheet contains a catalog of brief definitions of all requirements with priorities assigned to them. A separate document explains data models and user interfaces. For the new and changed requirements, the BA wants to capture additional attributes such as the source, reason, complexity, and priority of change. Some of these requirements can be reused in other work.
How should information for these requirements be managed?
- A. Rewrite requirements independent of the solution design
- B. Create a new workbook of requirements with necessary attributes
- C. Add the attributes to the original requirements catalog and change requirements
- D. Enter the information in the company's change management system
Answer: C
NEW QUESTION 168
You are the business analyst for your organization and are currently with several key stakeholders as part of the determination of which business analysis approach is most appropriate for the current project.
Which one of the following is not a stakeholder that is considered when completing the business analysis planning and monitoring task to determine a business analysis approach?
- A. Regulator
- B. Project manager
- C. Functional management
- D. Tester
Answer: C
NEW QUESTION 169
You are currently working on creating the activity list for an initiative in your organization. What characteristic must be assigned to each task in your task list?
- A. Procurement needs
- B. Risk level
- C. Unique number
- D. Roles and responsibilities
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 170
An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year.
Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals.
A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on:
* Total annual premium the customer has with the company (Financial worth)
* Time with the insurance company (Loyalty)
Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium:
The percentage of the maximum possible discount available to the customer is adjusted based on time with the company:
As the new pricing structure was being implemented, the chief executive officer (CEO) of the company wanted to change the premiums and associated discounts offered to customers. The BA investigated the cost, anticipated benefits and the length of time the change would likely take to complete before presenting the results back to the CEO.
What type of analysis has the BA just conducted?
- A. Document
- B. Market
- C. Capability
- D. Impact
Answer: D
NEW QUESTION 171
You are the business analyst for your organization and are in the process of creating the solution approach for a technology problem. Which one of the following definitions best describes the solution approach?
- A. It is an uncertain event or condition that may have a positive or negative impact on the abilities of the chartered project.
- B. It is the documentation and control of changes to the product scope as approved by the project stakeholders.
- C. Defines the general approach that will be taken to create or acquire new capabilities required to meet the business need.
- D. Decomposes the project scope into smaller deliverables; each deliverable is subdivided repeatedly until the deliverable cannot or should not be broken down any further.
Answer: C
Explanation:
Section: Volume A
Explanation/Reference:
NEW QUESTION 172
Your organization is using a plan-driven approach to business analysis. What must you do with all of the communication documents created as part of this high-priority project that you are serving as the business analyst for?
- A. The communications management plan will dictate what will happen to the business analysis communications.
- B. All communications must be documented and passed onto the solution's project manager for analysis and to serve as supporting detail.
- C. All communications must be archived and will become part of the organizational process as sets.
- D. All formal communication must be destroyed once the project is completed.
Answer: C
NEW QUESTION 173
You are the business analyst for your organization and are coaching Roberta on how business analysis works. Roberta is confused about what a business analysis methodology is during the business analysis planning and monitoring phase of the business analysis duties. What is a methodology?
- A. A methodology is a formalized plan that describes how the business analyst will complete the elicitation of requirements.
- B. A methodology is an approach that the business analyst believes will work but it has not been proven to work yet in the business analysis domain.
- C. A methodology is a formalized and repeatable business analysis approach.
- D. A methodology is a short term endeavor to create a unique product or service.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 174
Mark is the business analyst for his organization. He is working with the solution development team and he believes that the team does not want to implement a certain portion of the requirements. The team is expressing the difficulty of the requirements and how it will be extremely challenging to complete. When Mark asks about a similar project that the team completed, they insist that this is a different type of requirements though Mark believes that it is not. What is the solution development team appearing to do to the requirements?
- A. Get the requirements removed from the project scope.
- B. Have the business analyst report the difficulty of the project work to the project customer.
- C. Change the prioritization of the requirements based on overstated complexity of the project work.
- D. Change the prioritization of the requirements based on the past project.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 175
You are completing the prepare for elicitation process for an identified problem in your organization. The prepare for elicitation process requires three inputs for this process. Which one of the following is not an input that will help you prepare for the elicitation activities?
- A. Solution scope
- B. Business need
- C. Stakeholder concerns
- D. Stakeholder list
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION 176
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