Exam 1: Certified Business Analysis Professional

While reviewing the data feeds on a project the business analyst (BA) realizes there is a feed that contains complex relationships. In order to help understand the data and accurately reflect a set of requirements the BA decides to prioritize the requirements. What modeling format could the BA use?

An insurance company wants to implement a business intelligence solution to consolidate data from various different internal systems to provide a better understanding of their customer base. A business analyst (BA) is engaged to put together a tender (bid) to be sent to various business intelligence providers and implementation partners. Among other information, the business analyst requests the following: Licensing costs for Year 0 based on meeting 1 Central Processing Unit (CPU) license Licensing costs for specific user types such as Report Creators. Online Analytical Processing (OLAP) users and Power uses Predicted licensing costs for renewing in Years 1 ad 2 Full implementation costs After reviewing the received vendor responses the project team shortlists the candidates to 3 and the BA structures the received information as follows: The BA also conducts a sensitivity analysis to compare the expected costs should the company's needs grow based on the following information: Scenario 1: Ten extra report creator, 1 extra OLAP user and 1 extra power user licenses and 2 extra CPU licenses Scenario 2: Twenty five extra report creator, 1 extra OLAP user and 1 extra power user licenses and 3 extra CPU licenses What is the time difference in days between the shortest and longest implementation?

You are the business analyst for your organization and are working on prioritizing requirements. What plan should guide you through this process?

A business analyst (BA) is running a workshop with a group of stakeholders to understand the requirements for a change that the company is planning to implement. What important factor does the BA need to understand to ensure the workshop remains focused on the topic in question?

A business analyst (BA) working on a recently implemented project is approached by the sponsor to provide artifacts that can be used organization-wide for the long-term. Which of the following should the BA provide?

A project's change in scope is assessed and a newly assigned business analyst (BA) is unsure how to communicate the findings and final decision to the wider stakeholder group. In which of the following can the BA find this information?

Which of the following defines how the project will be estimated, budgeted, and how changes to cost will be managed?

A business analyst (BA) is reviewing the performance results from a recent change initiative. One of the results stated, "The planned schedule expected 50% of the project to be done at milestone 6. The schedule performance index (SPI) was .87. Three project team members worked overtime to ensure that the actual schedule would align with the planned schedule." This is an example of what type of action?

Which of the following is the comparison of planned project results with actual project results?

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: Which technique would the BA use to validate the desired outcomes?

A business analyst (BA) works for a financial institution that wants to acquire new systems and migrate all future business operations to the new systems. The BA is responsible for performing a gap analysis and has reviewed the current state of systems. What is the next task that the BA needs to do to complete the gap analysis?

A big construction company has grown into a group of 17 companies spread across the country. The rationale behind forming the group was to become more competitive in bidding for federal and regional government contracts. Another reason was to increase consolidated profitability by lowering the cost of materials and using combined assets more efficiently. Disjointed technological capabilities of the individual companies impede gathering the data needed to make decisions on both handling materials and allocating the resources. What improvement opportunity does this represent?

During a retrospective, the project team agrees the way they organized the user stories during the first sprint could be improved. The business analyst (BA) plans to make the stories more accessible going forward. Which of the following will the BA update?

You are the business analyst for the NHQ Project. You have identified several stakeholders that need different types of information related to the requirements. Which stakeholder would need detailed technical interface requirements?

Which of the following is a process of adding labor to a project to reduce the project duration?

A business analyst (BA) in a large financial institution, responsible for the management of requirements, has completed all the activities related to tracing requirements and is now pursuing to maintain them. The BA has identified a large number of requirements which have long term reuse and is now looking for guidance to manage these requirements. Which of the following will indicate how requirements will be managed for reuse?

A business analyst (BA) is working on an initiative to decommission a legacy system and has discovered the requirement: "Ability to view policies created in the legacy system for a period of 6 months." How should the BA classify the requirement based on the requirements classification schema?