You are the business analyst for your organization. You are currently identifying opportunities for a customer to improve their business processes. The customer wants to streamline their business efforts either through new technologies, better processes, or a combination of both. The customer demands, however, that the solution should not cost more than $300,000 to implement and support for one year. What does the $300,000 represent?
Answer(s): B
The maximum price of $300,000 is a constraint that the solution must be bound to. The solution does not have to cost $300,000, it just cannot exceed this limit. Answer A is incorrect. A budget is the defined amount of funds to implement a solution. In this instance, the stakeholder will accept a maximum of $300,000 or less for a solution. Because a solution has not been identified the budget is not yet known. Answer D is incorrect. Requirements are the characteristics of the solution, not the constraint of the price. Answer C is incorrect. A solution has not yet been proposed so the cost of the solution is still unknown.
You are the business analyst for your organization. On your current project you'll be using the change-driven approach for defining requirements and gathering feedback. Which of the following statements best describes the change-driven approach?
Answer(s): C
The change-driven approach looks to create business value in short iterations. The downside of this approach, however, is that there is more risk and uncertainty in the overall direction. The change- driven approach relies on team interaction to define requirements and gather feedback on the solution.Answer B is incorrect. The plan-driven approach relies on standardized templates, not the change- driven approach.Answer A is incorrect. This is not a valid description of the change-driven approach. Answer D is incorrect. Requirements may evolve through the change-driven approach, but they are still identified early in the business analysis work. The requirements must be identified so that the business analysts know what solution would satisfy the requirements.
According to the business analysis book 'A Guide to the Business Analysis Body of Knowledge', which your exam is largely based on, almost all methodologies fit somewhere along a spectrum between plan-driven and what other methodology?
The methodology that defines the business analysis approach is either plan-driven or change-driven. Answer A is incorrect. Risk-driven is not a valid approach for planning business analysis activities. Answer B is incorrect. Cost-driven is not a valid approach for planning the business analysis activities. Answer D is incorrect. Reward-driven is not a valid approach for planning the business analysis activities.
Which of the following is used to rate available methodologies against organizational needs?
Decision analysis is used to rate available methodologies against organizational needs and objectives. Answer D is incorrect. Process modeling is used to define and document the business analysis approach. Answer A is incorrect. Structured walkthrough is used as a means of validating a created,selected, or tailored business analysis approach.Answer B is incorrect. Progressive elaboration describes the process of providing more and more information through incremental details. It is a form of deductive reasoning to go from a very broad set of requirements to the exact details on the requirements.
You're organizing the business analysis approach for your organization. Jane wants to know when changes to requirements are most likely to happen in business analysis processes. Which one of the following statements best describes when changes to requirements may happen?
Changes to requirements may happen at any time in the business analysis processes and throughout the project. When these changes happen later in the process, it becomes more difficult to accept, communicate, and manage those changes.Answer B is incorrect. Changes may happen at any time, not just at the beginning of the processes. Answer A is incorrect. Changes don't just happen at the end of the business analysis processes. Answer D is incorrect. Changes may happen at any time, not just after the business analysis processes.
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