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NEW QUESTION # 236
What portion of the communications model could be defined as the translator?
Answer: B
NEW QUESTION # 237
Enterprise analysis provides many things for an organization.
All of the following are tasks included in enterprise analysis except for which one?
Answer: A
Explanation:
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. References: BABOK Guide v3, page 25; CBAP / CCBA Certified Business Analysis Study Guide, page 69.
NEW QUESTION # 238
An organization is trying to streamline its current processes to improve performance and reduce costs. A business analyst (BA) conducted a process improvement workshop and identified the following issues as the top three items to be addressed:
1: There are multiple teams to define systems, functionality, and content, in many instances, multiple teams are defining the same Functionalities while other functionalities are not being defined at all. leading to unclear understanding of business requirements
2: Product specification forms are published each year. A comparison tool is used to evaluate specification differences between yearly releases; but does not adequately identify changes between versions and needs to be improved.
3: Training consists of a new team member shadowing a seasoned team member. There are no written training materials or formal training sources therefore training is inconsistent and not meeting the needs of the organization.
The BA learns that formal training programs are not often devised for teams as small and diverse as this team, but still believes it is a viable solution to the training need. What type of analysis would help the BA gain approval to proceed with creating this type of training program for this team?
Answer: B
Explanation:
Explanation
The type of analysis that would help the BA gain approval to proceed with creating this type of training program for this team is cost benefit analysis, as this is a technique that helps to compare the expected costs and benefits of a proposed solution or change. Cost benefit analysis can help the BA to demonstrate the value and feasibility of the training program, as well as the potential risks and impacts of not implementing it. By showing the positive return on investment and the alignment with the business objectives and needs, the BA can persuade the decision makers and stakeholders to approve the training program. References: The answer can be verified from the following sources:
A Guide to the Business Analysis Body of Knowledge (BABOK Guide) Version 3, Chapter 7:
Strategy Analysis, p. 232-233; Chapter 10: Cost Benefit Analysis, p. 352-355.
Business Analysis for Practitioners: A Practice Guide, Chapter 6: Solution Evaluation, p. 159-160.
NEW QUESTION # 239
You are the business analyst for your organization and are working with Jennifer to conduct stakeholder analysis. You would like to create a RACI chart to help with the roles of the people involved in the stakeholder analysis process. Jennifer is not familiar with this chart and asks what does RACI mean.
Which one of the following best describes the RACI chart in the conduct stakeholder analysis process?
Answer: C
Explanation:
A RACI chart is a tool that helps to define and clarify the roles and responsibilities of different stakeholders in a project or a process. It stands for Responsible, Accountable, Consulted, and Informed, which are the four types of tasks or activities that stakeholders can be involved in. A RACI chart is a matrix that lists the tasks or activities in the left column and the stakeholders or roles in the top row. For each task or activity, the RACI chart indicates who is Responsible, Accountable, Consulted, or Informed by using the letters R, A, C, or I. A RACI chart can help to improve communication, collaboration, and accountability among stakeholders, and to avoid confusion, duplication, or conflict of roles. A RACI chart can be used as part of the stakeholder analysis process, which is the process of identifying, categorizing, and assessing the stakeholders of a project or a process, and understanding their needs, expectations, and interests.
References:
* RACI Chart - a how to guide to using RACI, paragraph 1
* How the RACI Matrix Streamlines Stakeholder Engagement, paragraph 1
* Stakeholder Wrangling 101: The RACI Framework, paragraph 1
* [A Guide to the Business Analysis Body of Knowledge (BABOK Guide)], version 3, page 30, section
2.51
NEW QUESTION # 240
An 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?
Answer: D
NEW QUESTION # 241
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