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IIBA-AAC Exam - Topic 6 Question 97 Discussion

Actual exam question for IIBA's IIBA-AAC exam
Question #: 97
Topic #: 6
[All IIBA-AAC Questions]

During a team meeting, the team discuss a technique where real or perceived benefits to the customer, direct costs and opportunity costs are assessed. Which technique are they discussing?

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Suggested Answer: D

Value Modelling models value creation for stakeholders who use the solution. Value Modelling is also referred to as Customer Value Model. Value Modelling follows a basic structure: Customer value = Benefits -- Cost Benefits can be real (solves a problem or completes a job) or perceived (increases status, reputation, likability).


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Cordelia
3 months ago
Wait, are they really assessing opportunity costs? That seems complex!
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Dorcas
3 months ago
Definitely not Minimum Viable Product, that's a different concept.
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Deonna
4 months ago
I think it's Kano Analysis! It focuses on customer satisfaction.
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Francine
4 months ago
I agree, Value Modeling makes the most sense here.
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Ahmad
4 months ago
Sounds like they're talking about Value Modeling.
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Brigette
4 months ago
I'm leaning towards Value Modeling too, but I wish I had reviewed the differences between all these techniques more thoroughly.
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Sheron
4 months ago
I feel like Minimum Viable Product could fit, but it seems more about getting something out quickly rather than assessing costs.
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Felicidad
5 months ago
I remember practicing a question about Kano Analysis, but I don't think it focuses on costs as much. Maybe it's Impact Mapping?
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Dion
5 months ago
I think they might be talking about Value Modeling, but I'm not entirely sure. It sounds familiar from our last study session.
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Craig
5 months ago
Value Modeling, that's the one. I remember learning about that in class - it's all about evaluating the overall value proposition for the customer. Feels like the right fit for this scenario.
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Jeffrey
5 months ago
I'm a bit unsure on this one. The options all seem related to product development, but I'm not totally clear on the differences between them. I'll have to review my notes to refresh my memory.
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Milly
5 months ago
Okay, let's see. The team is discussing a technique that assesses real or perceived benefits, direct costs, and opportunity costs. That sounds like Value Modeling to me.
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Rupert
6 months ago
Hmm, this seems like a tricky one. I'll need to think through the key details about each option to determine which one best matches the description.
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Avery
6 months ago
Wow, Impact Mapping? That's some serious strategic planning right there. I wish my team was this organized.
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Tamar
6 months ago
I believe it could also be Value Modeling, as it involves assessing value to the customer.
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Cecil
6 months ago
I agree, Impact Mapping considers benefits, costs, and opportunities.
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Gilma
7 months ago
I think they are discussing Impact Mapping.
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Carin
8 months ago
Value Modeling, no doubt. It's all about weighing the pros and cons to make the best decision. These guys know their stuff.
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Paola
7 months ago
A) Minimum Viable Product
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Audry
8 months ago
Definitely Kano Analysis! That's all about understanding customer needs and how they perceive value. This team is really on top of their game.
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Kenny
6 months ago
D) Value Modeling
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Truman
6 months ago
C) Kano Analysis
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Jutta
7 months ago
B) Impact Mapping
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Daryl
8 months ago
A) Minimum Viable Product
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