CCBA Exam Dumps - IIBA Certification of Capability in Business Analysis Questions and Answers

 Policies and rules serve as boundaries and constraints for the organization and the operation of the organization. Policies and rules are external or internal factors that limit the options or actions available to the organization. They can be formal or informal, explicit or implicit, and can originate from various sources, such as laws, regulations, standards, contracts, agreements, policies, procedures, guidelines, or best practices. Policies and rules are one of the elements of the Business Analysis Core Concept Model™ (BACCM™), which describes the fundamental concepts that are important for business analysis. Policies and rules are also one of the inputs to the Define Business Need task, which is part of the Strategy Analysis knowledge area. Policies and rules help to define the problem or opportunity that the organization faces and the desired outcomes that the solution should achieve. References: Business Analysis Expert Certification, CCBA® | IIBA®, CERTIFICATION OF CAPABILITY IN BUSINESS ANALYSIS, [Business Analysis Core Concept Model™ (BACCM™) | IIBA®]

The technique that you can use to track problems with the requirements is issue tracking. This is a technique for identifying, documenting, monitoring, and resolving issues that arise during the business analysis work12. Issue tracking helps to ensure that the requirements are of high quality, aligned with the stakeholder needs, and delivered on time. The other options are not techniques for tracking problems with the requirements, but rather techniques for managing or verifying the requirements, such as RTM (B), which is a technique for tracing the relationships among requirements and other deliverables3, problem tracking ©, which is a technique for identifying and resolving problems with the solution4, or baselining (D), which is a technique for establishing an approved version of the requirements5. References: Business Analysis Expert Certification, CCBA® | IIBA®, Certification of Capability in Business Analysis™ (CCBA®), Business Analysis Certification Competencies, CCBA® | IIBA®, The Ultimate Guide to Business Capability Analysis, CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition

 Project Communication Management is the knowledge area that covers the processes required to ensure timely and appropriate generation, collection, distribution, storage, retrieval, and ultimate disposition of project information. It involves planning, managing, monitoring, and controlling the communication activities and deliverables throughout the project lifecycle. Project Communication Management helps to keep the project stakeholders informed, engaged, and satisfied with the project progress and outcomes12.

The other options are not correct because:

• Option B is incorrect. Identifying, defining, combining, unifying, and coordinating the various processes and project management activities with the Project Management Process Groups is the definition of Project Integration Management, not Project Communication Management. Project Integration Management is the knowledge area that covers the processes required to ensure that the various elements of the project are properly coordinated and aligned3.
• Option C is incorrect. Managing timely completion of the project is the objective of Project Time Management, not Project Communication Management. Project Time Management is the knowledge area that covers the processes required to ensure that the project is completed within the agreed time frame.
• Option D is incorrect. Organizing, managing, and leading the project team is the responsibility of Project Human Resource Management, not Project Communication Management. Project Human Resource Management is the knowledge area that covers the processes required to ensure that the project has the most effective and efficient human resources.

References:

• Project Communication Management - Five Steps | PMI, section “Project communication management applies the general management skill of communication within the boundaries of the project being managed and the responsibilities of the project manager.”
• What is Project Communication Management? | Wrike, section “What Is Project Communication Management?”
• Project Integration Management - A Quick Guide | Simplilearn, section “What is Project Integration Management?”
• [Project Time Management - Definition, Process, Steps, and Tools], section “What is Project Time Management?”
• [Project Human Resource Management - A Short Guide | Simplilearn], section “What is Project Human Resource Management?”

The specify and model requirements process is a business analysis activity that involves creating and maintaining the requirements and design specifications that describe the solution in sufficient detail to enable its implementation and testing. The primary purpose of this process is to analyze the functioning of an organization and to provide an insight into opportunities for improvement, such as increasing efficiency, effectiveness, quality, or customer satisfaction.

References: The information is verified as per the BABOK® Guide and related IIBA resources, which outline the standards and practices for business analysis. The BABOK® Guide is a key resource for understanding business analysis processes and their interactions1234. You can also find some useful resources and sample questions from other sources

According to the BABOK® Guide, business analysis planning and monitoring is the task of determining which activities are necessary in order to identify and define the solution that meets the business need, allocate the resources to perform those activities, monitor the performance of the analysis work, and adjust the plan as needed. One of the inputs to this task is the organizational process assets, which include the organizational standards, policies, and procedures for business analysis. If these assets are not available, the business analyst should work with the appropriate stakeholders to determine how the business analysis work should be completed, rather than creating or imposing a standard on their own. References: BABOK® Guide, section 3.1.1, page 30; Business Analysis Expert Certification, CCBA® | IIBA®, section “CCBA Competencies”, page 1.

The stakeholder register is the key output of the Identify Stakeholders process. It not only contains the names of the project stakeholders but also their goals, expectations, concerns, and other such details. The stakeholder register helps to plan, manage, and communicate with the stakeholders effectively and efficiently. The other options are not outputs of the Identify Stakeholders process, but inputs or outputs of other processes. The scope baseline, the project charter, and the project scope statement are all inputs or outputs of the Project Scope Management knowledge area, not the Project Stakeholder Management knowledge area. References:

• Identify Stakeholders Process and Stakeholder Register
• Chapter 13 - Stakeholder Management Flashcards
• How to Identify Stakeholders in Project Management?

 The input to the business analysis approach that is not listed among the options is expert judgment. This is a term that refers to the opinions, advice, or guidance provided by individuals or groups who have specialized knowledge or experience in a particular domain or discipline12. Expert judgment is not an input to the business analysis approach, but rather a technique for obtaining information or insights from experts to support the business analysis work3. The other options are inputs to the business analysis approach, which is a task under the business analysis planning and monitoring knowledge area, which involves defining the appropriate level of detail, formality, and complexity of the business analysis activities and deliverables45. The inputs to the business analysis approach are the organizational process assets (A), which are the policies, procedures, standards, guidelines, templates, and tools that are used by the organization to conduct business analysis work, the enterprise environmental factors ©, which are the internal and external conditions that affect the organization and the business analysis work, and the business need (D), which is the problem or opportunity that the organization seeks to address. References: Business Analysis Expert Certification, CCBA® | IIBA®, Certification of Capability in Business Analysis™ (CCBA®), Business Analysis Certification Competencies, CCBA® | IIBA®, The Ultimate Guide to Business Capability Analysis, A GUIDE TO THE BUSINESS ANALYSIS BODY OF KNOWLEDGE

Data modeling is a technique that involves creating a visual representation of the data and information relevant to the solution or business domain. It shows the concepts, attributes, and relationships that define the data and how they are organized and manipulated. Data modeling helps to organize requirements by providing a common understanding of the data and its structure, quality, and usage.

References: The information is aligned with the competencies and knowledge areas defined in the Business Analysis Body of Knowledge® (BABOK® Guide) and the Certification of Capability in Business Analysis™ (CCBA®) as provided by the International Institute of Business Analysis (IIBA®). For detailed references, please consult the CCBA® guide1 and the BABOK® Guide2 available through the IIBA® website and bookstore3. You can also find some useful resources and sample questions from other sources

 A request for quote (RFQ) is a document that invites vendors to provide a price quote for their products or services based on a detailed statement of work (SOW). The SOW describes the scope, specifications, deliverables, and acceptance criteria of the solution that the organization needs. The RFQ allows the organization to compare different vendors based on their prices and capabilities, and to select the best one for the project.

References: The information is verified as per the CCBA Learning documents and resources, which outline the standards and practices for business analysis. You can find more information about the RFQ and the SOW in the CCBA guide1 and the BABOK Guide2 available through the IIBA website and bookstore3. You can also find some useful resources and sample questions from other sources.

The business analysis planning approach process is the task of deciding how the business analysis work will be performed, including the activities, deliverables, roles, resources, tools, and techniques that will be used12. The three inputs to this process are3:

• Business need: The problem or opportunity that the organization is facing and that requires a change in the current state.
• Organizational process assets: The policies, procedures, standards, guidelines, and templates that the organization has established and that may influence the business analysis approach.
• Expert judgment: The knowledge and experience of the business analyst and other stakeholders who can provide guidance and recommendations for the business analysis approach.

Risk and rewards analysis is not an input to the business analysis planning approach process, but rather a technique that can be used to evaluate the potential benefits and drawbacks of different business analysis approaches or solution options4. References:

• 1: Business Analysis Expert Certification, CCBA® | IIBA®
• 2: Business Analysis Process Flow: Step by Step Tutorial - Guru99
• 3: Business Analysis Planning Sneak Peek - Project Management Institute
• 4: Business Analysis Techniques - ECBA, CCBA, CBAP Endorsed

The matrix documentation approach is used to specify and model requirements that are complex but uniform in structure. This means that the requirements can be broken down into simple elements that can be inputted into a matrix. A matrix is a rectangular array of numbers, symbols, or expressions, arranged in rows and columns. Matrices can be used to represent various types of requirements, such as data dictionaries, gap analysis, requirements traceability, and business rules analysis. Matrices can help to communicate information to a specific audience, confirm information, identify information gaps, and prevent the duplication of information. References:

• Specifying and modeling requirements – The Functional BA
• Selecting Requirements Documentation Techniques for Software Projects: a Survey Study

To find the minimum amount of funds the organization should invest in this project, we need to calculate the present value of the future cash flow, using the formula:

PV=(1+r)nFV​

where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.

Plugging in the given values, we get:

PV=(1+0.06)42,750,000​

PV=2,178,257.57

Therefore, the minimum amount of funds the organization should invest in this project is $2,178,257.57. References:

• Capability in Business Analysis™ (CCBA®) Handbook, page 14
• A Guide to the Business Analysis Body of Knowledge® (BABOK® Guide), page 40
• Business Analysis Expert Certification, CCBA® | IIBA®

• A. Stakeholder list: This is a correct input for elicitation, as it helps you identify who are the sources of information and what are their interests, expectations, and influence on the project.
• B. Risk assessment: This is an incorrect input for elicitation, as it is an output of the elicitation process, not an input. Risk assessment involves identifying, analyzing, and prioritizing the potential risks that may affect the project’s objectives, scope, schedule, cost, or quality.
• C. Business need: This is a correct input for elicitation, as it helps you understand why the project is initiated and what are the desired outcomes and benefits for the organization and the stakeholders.
• D. Roles and responsibility: This is a correct input for elicitation, as it helps you define how the stakeholders will be involved in the project and what are their responsibilities and authority levels.

The standardized template for packaging the requirements is an example of an organizational process asset. Organizational process assets are the plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization. They help to guide and standardize the business analysis activities and deliverables. The other options are not terms that can be assigned to the standardized template for packaging the requirements. Derivative adaption is not a term used in business analysis, but a concept in evolutionary biology. Essential is an adjective that means absolutely necessary or extremely important. Enterprise environmental factors are the conditions, factors, and influences that affect the organization and its projects, such as culture, structure, market, regulations, etc. References:

• 4. Prepare Requirements Package task Flashcards | Chegg.com
• What term can be assigned to this standardized template for packaging …

 Organizing requirements is the task of finding logical relationships and dependencies among the requirements and grouping them into coherent and manageable units. The two objectives of this task are to establish a structure for the requirements that facilitates communication, understanding, and traceability, and to establish a prioritization approach that is based on relevant criteria and stakeholder preferences. References: BABOK® Guide v3, page 120; Business Analysis Expert Certification, CCBA® | IIBA®, page 1.