- (Topic 2)
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?
Correct Answer:
A
- (Topic 1)
You are working with several business analysts to determine the solution approach for an identified problem. All of the following techniques are acceptable for identifying the solution approach except for which one?
Correct Answer:
C
- (Topic 2)
You have completed the requirements documentation and the stakeholders have signed off on the requirements. Now the requirements are advancing into a project as your organization has chartered a project based on the identified requirements. What stakeholder is now responsible for assessing the solution scope to determine the project scope?
Correct Answer:
B
- (Topic 1)
Paul is the business analyst for his organization. He is examining a single solution to determine if the solution he and his team have identified carries enough business value to justify its implementation. What business analysis process is Paul performing in this scenario?
Correct Answer:
D
- (Topic 2)
You are working with Tom, a key stakeholder, in your business analysis duties. Tom is askingyou about the desired outcome for current business opportunity. Which one of the following is NOT an example of a desired outcome?
Correct Answer:
A
