IIBA Exam CBAP Topic 3 Question 84 Discussion

Actual exam question for IIBA's Certified Business Analysis Professional exam

Question #: 84
Topic #: 3

[All Certified Business Analysis Professional Questions]

An insurance company wants to implement a business intelligence solution to consolidate data from various different internal system to provide a better understanding of their customer base.

A business analysis (BA) is engaged to put together a tender (bid) to be sent to various business intelligence providers and implemention partners. Among other information the business analysis request the following:

* Licensing costs for year 0 based on needing 1 Central processing Unit (CPU) license

* Licensing costs for specific user types such as Report Creators Online Analytical Process (OLAO) user and Power users

* Predicted licensing costs for renewing in Years 1 and 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 Insurance company has a maximum bucket of $310,000 for the entire to implementation and operation over the first three years. Which vendor or vendors meet that criteria?

ABoth companies B and C

BCompany B

CCompany A

DBoth companies A and C

Show Suggested Answer

Suggested Answer: C

by Kirk at Apr 13, 2024, 10:44 AM

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Luis

1 days ago

I agree, we need to look closely at the costs for each vendor. The licensing costs and implementation costs can really add up, so we have to make sure we don't go over that $310,000 limit.

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Alexia

3 days ago

This seems like a tricky question. The key is to find the vendor or vendors that fit within the $310,000 budget for the first three years. Let's go through the numbers carefully.

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