Discuss IIBA CBAP Exam Topic 3 Question 64

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

Suggested Answer: C

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12 comments · newest first

Andrew 12 months ago

I agree, B is the clear winner here for the budget constraints.

Nell 1 year ago

Definitely not A, their costs seem too high for the value.

Carin 1 year ago

Wait, how can Company A be so cheap? Seems off.

Dana 1 year ago

I think both B and C could work within the budget.

Roslyn 1 year ago

Company B looks like the best option based on the costs.

Eliseo 1 year ago

I feel like Company B might be the best choice based on the costs we analyzed in class, but I need to double-check the implementation fees.

Peggie 1 year ago

If I remember correctly, we need to sum up the initial costs and the predicted renewals for each vendor. I hope I didn't mix up the years!

Santos 1 year ago

I think we practiced a similar question where we had to evaluate vendor costs against a budget. I just can't recall the exact numbers we used.

Joanne 1 year ago

I remember we discussed how to calculate total costs over multiple years, but I'm not sure if I got the formula right for this scenario.

Sheron 1 year ago

I'm a little confused by all the options here. Do I need to create the project first, or can I just create the instance and let the SDK handle the rest? I think I'll go with option B to be safe.

Elliot 1 year ago

I'm a little confused by this question. Is there a way to manually link agents to activities in the configuration utility or Genesys Administrator? I want to make sure I have all the possible options covered.

Minna 1 year ago

Okay, I think I've got it. The metric is all about evaluating the success and competitiveness of the company's services, so the answer has to be "Portfolio of competitive services." That's the enterprise goal that would be the MOST likely to use that kind of metric.

IIBA CBAP Exam - Topic 3 Question 64 Discussion