You are the business analyst for your organization and are trying to determine the best solution for an identified problem. You have determined that you could create a software solution using inhouse resources for $65,000 and with an ongoing support of $5,600 per month. A vendor offers you a quote that they can create the software for $49,000 with an ongoing support of $6,100 per month.
Which solution should you choose?
A. Create the software if you'll keep the solution less than 32 months.Which of the following qualitative techniques involves a disciplined analysis of the event sequences that could transform a potential hazard into an accident?
A. Failure mode and effects criticality analysisWhich of the following models defines the name of the data, data aliases, and description of system data?
A. Class modelWhich of the following is a quality control chart to track trends in project execution?
A. Control chartFred's organization is using a plan-driven approach for the business analysis deliverables.
In this approach how will the requirements be captured?
A. Fred will use the appropriate documentation at the discretion of the business analysis team .Company A has been engaged to provide solution software to Company B as part of a combined service offering to Company C. This initiative requires a sub-project for Companies A and B to learn Company C's statutory requirements, a sub-project for Company A to write custom functionality for the solution, and a sub-project for Company B to develop infrastructure and support for the solution as well as the main project of implementation and cutover from Company C's current data processing solution to the service from Company B. How does the business analyst (BA) assign requirements to the various solution components to ensure all objectives are met?
A. Define Solution ApproachesNancy has asked you to trace a particular requirement for her.
What does 'to trace a requirement' mean?
A. Tracing a requirement means to look at a requirement and the others to which it is related. It links risk, cost, quality, and scope elements to stakeholder and solution requirements to other artifacts created by the team and to solution components.Robert is the business analyst for his organization and he's working with several stakeholders to identify the business need for an opportunity. Robert needs to identify the stakeholder that will be responsible for authorizing the actions needed in order to meet the identified business need.
Which stakeholder does Robert need to identify?
A. SponsorYou are the business analyst for your organization. Management wants you to prioritize the identified requirements by the requirements that have the highest likelihood of success.
Why would management want you to prioritize the requirements with this factor even though some of the requirements may be difficult to implement?
A. They want a fast return on investment.Which of the following is NOT a component of an entity relationship diagram?
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