You are the business analyst for your organization. On your current project you'll be using the change-driven approach for defining requirements and gathering feedback.
Which of the following statements best describes the change-driven approach?
A. The change-driven approach favors defining requirements through experimentation.Before the start of a large, cross functional change effort, the team of business analysts (BAs) assigned decided they need something to help them ensure requirements collectively support one another and do not conflict. What option would provide the consistency they are looking for?
A. Requirements ArchitectureA business analyst is helping management determine which solution they should choose. As it happens that the organization can only choose one of the two solutions due to time and resource restrictions. Solution A worths $456,000 to the organization while solution B worths $565,000 to the organization. While solution A costs less, it is less risky and takes less time to complete so management elects to seize Solution A.
What is the opportunity cost?
A. $565,000An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year. Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these
goals.
A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on:
?Total annual premium the customer has with the company (Financial worth)
?Time with the insurance company (Loyalty)
Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium:

The percentage of the maximum possible discount available to the customer is adjusted based on time with the company:

Which technique would the BA use to validate the desired outcomes?
A. Business model canvasYou are hosting a collection of stakeholders from across the organization to identify the ideas and attitudes about your company's help desk. You want the stakeholders to honestly share their opinions about the help desk service so you can identify problems, solutions, and take actions to improve the service.
What type of requirements elicitation activity is this?
A. Stakeholder analysisWhich of the following documents is described in the statement below?
"It is a type of procurement document used to request proposals from prospective sellers of products or services."
A. Request for quoteYou are the business analyst for your organization and are in the process of creating the solution approach for a technology problem.
Which one of the following definitions best describes the solution approach?
A. It is the documentation and control of changes to the product scope as approved by the project stakeholders.Which of the following is an estimate based on past projects to predict the current cost and/or duration of the current project?
A. Current estimateThe creative thinking process has three values to determine the effectiveness of the process.
Which one of the following is not a measurement of effective creative thinking?
A. Application of new ideas to resolve existing problemsWhat does the T in SWOT analysis mean?
A. TrialNowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only IIBA exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CBAP exam preparations and IIBA certification application, do not hesitate to visit our Vcedump.com to find your solutions here.