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Question 1

Which of the following quantitative risk analysis techniques relies on experience and past data to compute the probability and impact of risks on project objectives?

AProbability distribution

BSensitivity analysis

CModeling and simulation

DInterviewing

Answer : D

Interviewing is a quantitative risk analysis technique that relies on experience and past data to compute the probability and impact of risks on project objectives. Interviewing involves asking experts, stakeholders, or team members to provide their estimates of the likelihood and consequences of the identified risks, based on their knowledge, judgment, or historical records. Interviewing can be conducted individually or in groups, using structured or unstructured questions, and using qualitative or quantitative scales. Interviewing helps to obtain a range of possible outcomes and their probabilities, as well as to identify the assumptions and uncertainties behind the estimates.Reference:IIBA BABOK Guide v3, section 11.2.2.5, page 388;CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, chapter 5, page 232;CBAP Sample Questions, question 236.

Question 2

You are the business analyst for THY Organization and you have gathered the requirements. You have presented the requirements to the stakeholders and they have approved your requirements.

You are now working with Francie on recording the dependencies and relationships for each of the requirements.

Why would you want to record the dependencies and relationships for the requirements?

ATo help determine the sequence in which requirements are to be addressed.

BTo help determine which requirements carry the most risk.

CTo help determine the total cost for the solution to be implemented.

DTo help determine the total time for the solution to be implemented.

Answer : A

Recording the dependencies and relationships for the requirements is a technique of identifying and documenting how the requirements are linked or influenced by each other or by external factors. Recording the dependencies and relationships can help to determine the sequence in which requirements are to be addressed, by showing which requirements must be implemented before, after, or in parallel with other requirements. This can help to plan and manage the requirements implementation, and to avoid any conflicts or gaps in the requirements.Reference:BABOK Guide v3, page 52;CBAP / CCBA Certified Business Analysis Study Guide, page 160.

Question 3

While reviewing a subset of requirements with stakeholders, a business analyst (BA) finds a requirement that does not deliver benefit to any of the stakeholders. After much discussion, the stakeholders decide that the requirement does not align with the solution scope.

What recommendation will the BA make?

AUpdate the solution design

BRe-evaluate the future state

CChange the solution scope

DEliminate the requirement

Answer : B

The BA should recommend to eliminate the requirement that does not deliver benefit to any of the stakeholders and does not align with the solution scope. This is because the requirement is not necessary, valuable, or feasible, and it may introduce unnecessary complexity, cost, or risk to the solution. Eliminating the requirement would help to optimize the solution and ensure that it meets the stakeholder needs and expectations. Updating the solution design, re-evaluating the future state, or changing the solution scope are not the best options because they do not address the root cause of the problem and may result in scope creep or rework.Reference:

CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Chapter 3: Requirements Life Cycle Management, page 115

Business Analysis Body of Knowledge (BABOK) Guide, Version 3, Chapter 3: Requirements Life Cycle Management, section 3.6: Assess Requirements Changes, page 64

Question 4

A business analyst (BA) is outlining who should participate in an upcoming requirements elicitation meeting.

From whom should the BA obtain approval before selecting the participants?

ASponsor

BEnd user

CProject manager

DSubject matter expert

Answer : C

The BA should obtain approval from the project manager before selecting the participants for the requirements elicitation meeting. This is because the project manager is responsible for managing the project resources, schedule, and budget, and ensuring that the project objectives are met. The project manager can help the BA to identify the appropriate stakeholders who can provide valuable input and feedback on the requirements, as well as to avoid any conflicts, duplication, or gaps in the elicitation process. The sponsor, the end user, and the subject matter expert are potential participants for the requirements elicitation meeting, but they are not the ones who can approve the selection of the participants.Reference:

CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Chapter 4: Elicitation and Collaboration, page 161

Business Analysis Body of Knowledge (BABOK) Guide, Version 3, Chapter 4: Elicitation and Collaboration, section 4.1: Prepare for Elicitation, page 75

Business Analysis Professional Resources, IIBA Resource Collection, Business Analysis Body of Knowledge (BABOK) Guide

CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Skillsoft Book, Chapter 4: Elicitation and Collaboration, page 161

Question 5

A business analyst (BA) conducts a Business rules analysts exercise to identity the organizational rules constraining the project in addition to existing regulations and contracts. what else does the BA check?

ABacklogs

BPolicies

CBusiness case

DPermissions matrix

Answer : B

In addition to existing regulations and contracts, the BA also checks the policies of the organization that may constrain the project. Policies are the guidelines or principles that govern the decision making and actions of the organization. They reflect the values, vision, and mission of the organization and provide a framework for achieving its goals and objectives. Policies can also influence the scope, feasibility, and acceptance of the project and its solution. Therefore, the BA should identify and analyze the policies that are relevant to the project and ensure that they are aligned with the requirements and the solution.Reference:

CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Chapter 5: Strategy Analysis, Section 5.1: Analyze Current State, p. 206-207

A Guide to the Business Analysis Body of Knowledge (BABOK Guide), Version 3, Chapter 5: Strategy Analysis, Section 5.1: Analyze Current State, p. 106-107

A Guide to the Business Analysis Body of Knowledge (BABOK Guide), Version 3, Chapter 10: Solution Evaluation, Section 10.3: Assess Enterprise Limitations, p. 277-278

Question 6

You are the business analyst for a large project in your organization. You are working with Ben to create requirements packages to present to the stakeholders, the business analyst team, and to the project manager. Ben wants to know why you're creating requirements packages.

What's the primary goal of developing a requirements package?

ATo convey the cost, schedule, and risk information clearly

BTo convey information clearly and in an understandable fashion

CTo present the requirements in packages that are easy for the project team to accomplish in their project execution

DTo help the project manager create the work breakdown structure

Answer : B

A requirements package is a document that contains a set of requirements that have been analyzed, refined, and formatted to meet the needs of various stakeholders. The primary goal of developing a requirements package is to communicate the requirements effectively and efficiently to the intended audience. A requirements package may include different levels of detail, different types of requirements, different formats and structures, and different supporting information depending on the stakeholder's needs and preferences. A requirements package should be clear, concise, consistent, complete, correct, and testable.Reference:

Certified Business Analysis Professional Handbook, page 24

BABOK Guide, page 121

Question 7

You are preparing the business case for a proposed solution in your organization. You need to identify several components for the business case including an assessment of the risks the solution may contain.

Which one of the following is the best definition of a risk as it pertains to the business case?

ARisk is an uncertain event or condition that may have both positive and negative affects on the solution.

BRisk is an uncertain event that can cause the organization to lose more monies than it invests in the solution.

CRisk is a potential event that can cause the solution to fail.

DRisks are threats to the organization's success.

Answer : A

According to the BABOK Guide, a risk is ''an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives such as scope, schedule, cost, and quality'' (p. 10). A risk can have both positive and negative impacts, depending on the perspective of the stakeholders and the objectives of the solution. For example, a risk of adopting a new technology may be that it increases the productivity of the employees (positive) but also requires more training and maintenance (negative). A risk analysis in the business case should consider both the probability and the impact of the risks, as well as the strategies to mitigate or exploit them.Reference:BABOK Guide, p. 10, 114-115;Certified Business Analysis Professional (CBAP) | Coursera, Course 3, Week 2, Video: ''Risk Analysis and Management''

IIBA Certified Business Analysis Professional CBAP Exam Questions