Enterprise analysis provides many things for an organization.
All of the following are tasks included in enterprise analysis except for which one?
Enterprise analysis is a knowledge area that covers the activities of identifying and defining business needs and opportunities, and determining feasible solutions to meet the organizational goals and objectives. Enterprise analysis includes the following tasks: define business need, assess capability gaps, determine solution approach, define solution scope, and define business case. Solution performance assessment is not a task of enterprise analysis, but rather a task of solution evaluation, which is another knowledge area that covers the activities of measuring and validating the value delivered by a solution.Reference:BABOK Guide v3, page 25;CBAP / CCBA Certified Business Analysis Study Guide, page 69.
There are just three inputs to the assess proposed solution process.
Which of the following is NOT one of the inputs for the assess proposed solution process?
Decision analysis is not an input, but a technique that can be used to assess proposed solutions. Decision analysis involves evaluating the feasibility, benefits, risks, and impacts of various solution options and selecting the best one based on predefined criteria and stakeholder preferences. The inputs for the assess proposed solution process are requirements, assumptions and constraints, and solution options. Requirements are the desired capabilities and conditions of the solution. Assumptions and constraints are the factors that affect the solution design and implementation. Solution options are the alternative ways to meet the requirements within the assumptions and constraints.Reference:
BABOK Guide, p. 121-122
CBAP / CCBA Certified Business Analysis Study Guide, p. 295-296
Certified Business Analysis Professional (CBAP) | Coursera, Course 2, Week 4, Video: ''Assess Proposed Solution''
You are the business analyst for the TGH Organization and are determining if you should buy or build a solution for your company. You have determined that you can create the in-house solution for $78,000 with a monthly support cost of $8,765. A vendor can create the solution for $61,000 with a monthly support cost of $7,990.
How long will it take your company to break even if you choose the internal solution versus the vendor's solution?
To calculate the break-even point, we need to compare the total costs of the internal solution and the vendor's solution over time. The internal solution has a higher initial cost ($78,000) and a higher monthly cost ($8,765) than the vendor's solution ($61,000 and $7,990 respectively). Therefore, the internal solution will take longer to break even with the vendor's solution. The formula for the break-even point is:
Break-even point = (Initial cost difference) / (Monthly cost difference)
Plugging in the numbers, we get:
Break-even point = ($78,000 - $61,000) / ($8,765 - $7,990) Break-even point = $17,000 / $775 Break-even point = 21.94 months
Rounding up to the nearest whole month, we get 22 months as the break-even point.Reference: This question is based on the concept of financial feasibility analysis, which is part of the business analysis planning and monitoring knowledge area in the BABOK Guide. Financial feasibility analysis is the process of comparing the costs and benefits of different solutions to determine the optimal one for the organization. One of the techniques for financial feasibility analysis is break-even analysis, which calculates the point in time when the costs of a solution equal the benefits of the solution. You can find more information about financial feasibility analysis and break-even analysis in the following sources:
BABOK Guide, section 3.4.5.5, pages 76-77
CBAP / CCBA Certified Business Analysis Study Guide, chapter 3, pages 85-86
Certified Business Analysis Professional (CBAP) | Coursera, course 2, week 3, video 3.3
You are the business analyst for your organization. You are coaching Tom about the different approaches to business analysis.
Which type of business analysis approach has the most business analysis work at the beginning of the project or during the start of a project phase?
A plan-driven approach to business analysis is a methodology that focuses on minimizing up-front uncertainty and ensuring that the solution is fully defined before implementation begins in order to maximize control and minimize risk. This approach tends to be preferred in situations where requirements are stable and clear, and where changes are costly and disruptive. Therefore, a plan-driven approach has the most business analysis work at the beginning of the project or during the start of a project phase, as it involves detailed planning, analysis, and documentation of the requirements and the solution.A plan-driven approach also requires formal approval and sign-off of the requirements and the solution before moving to the next phase123.Reference:1: How to Choose the Right Business Analysis Approach12: Plan driven projects versus change driven23: Business Analysis Methodology3
The RGQ Organization utilizes a change log.
What is a change log?
A change log is a tool that helps to manage and monitor the changes that affect the requirements, the solution, or the project. A change log tracks all characteristics and status of changes that have been received, such as the source, description, priority, impact, approval, and resolution of the changes. A change log can help to ensure that the changes are properly documented, communicated, and controlled, and that they are aligned with the stakeholder needs and expectations.Reference:BABOK Guide v3, page 54;CBAP / CCBA Certified Business Analysis Study Guide, page 161.
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