Which element of the process of assessing the capability gaps is best described as gathering as much enterprise architecture information as is available about the current state of the organization and the areas affected by the business need?
Answer(s): A
Current capability analysis is an approach of assessing the organization's capability gaps. This process reviews the process and helps determine what capabilities exist now and how large the gap may be. Answer C is incorrect. This isn't a valid assessment type so this choice is not valid. A. See Explanation section for answer.Answer(s): AB is incorrect. This isn't a valid assessment type so this choice is not valid. Answer D is incorrect. This isn't a valid assessment type so this choice is not valid.
Beth is the business analyst for her organization and she wants to be certain that she and her team follow the correct procedures for enterprise analysis. What document can provide the governances for enterprise analysis efforts?
Answer(s): C
Business analysis plans define the governance or rules and procedures that Beth should follow as the business analyst for her organization.Answer A is incorrect. Organizational process assets are the rules and procedures for the implementation of documents, templates, and guidelines. Answer B is incorrect. Enterprise environmental factors are the regulations, policies, and procedures that are unique to an organization and industry. Answer D is incorrect. The project charter isn't the correct answer, as the charter authorizes the project, not business analysis activities.
Henry and Fred are working together on business analysis duties for the implementation of new software. Henry, the business analyst, tells Fred that they should take the current measurement of productivity, and then measure again after the solution has been implemented. This benchmarking approach will allow Henry and Fred to see the real effect of the solution on the business need. What term is assigned to this measurement?
The measurements are known as key performance indicators. It's an approach for measuring how well the solution has affected the organization.Answer D is incorrect. The S-curve describes the direction of elements over time, such as time and cost, in a typical business analysis activity or in a project. Answer B is incorrect. The yield is the output of the effort.Answer A is incorrect. It is not a business analysis term so this choice is incorrect.
Kendra is the business analyst for her organization. She's working with the project manager and the project sponsor to discuss the current requirements. Kendra believes it's important for the project manager to first implement the requirements with the highest amount of risks. Is this a good idea?
Answer(s): B
It's often best to implement the most risky requirements first in the project. If the risky requirements cause the project to fail, the organization will not suffer much loss, as it hasn't invested much time or money on the project.Answer A is incorrect. It's not the best idea to implement the lowest risk requirements first.Answer C is incorrect. Implementing the highest risk requirements last could cause all of the prior work to be worthless if the risky requirements fail. Answer D is incorrect. This choice is tempting, but the best reason is the financial consideration of the risky event in the project.
A business analyst is studying the cost of the endeavor in relation to the projected income the endeavor will bring once the project is completed. What financial valuation technique can the business analyst use to determine the breakeven point for the project?
Payback period quantifies the duration that the project will need to exist and generate revenue in order to pay back the original investment of the project. The payback period is also known as management horizon or the breakeven point.Answer B is incorrect. Average rate of return describes the rate of return the project will create. Answer C is incorrect. Cost-benefits analysis describes the relation of costs to benefits in a project. Answer D is incorrect. Discounted cash flow describes the future value on the investment of the project.
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