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Certified Business Analysis Professional

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Question # 1

A popular department store chain wants to make computer upgrades as well as conduct a major remodeling effort to increase revenue to all their 100 stores over the next 2 years. The remodeling will occur in two phases. The two phases are required at each store and can be completed in any order, but each phase must be fully completed before the next phase can begin. Phase 1 will take approximately 32 weeks and will not require a store to be temporarily closed. Phase 2 will take approximately 20 weeks and will require a store to be temporarily closed.

In order to keep inventory level and total revenue for the department store chain at an operational level, 75% of the stores must remain open to the public at all times. Against the board of director's advice, the Chief

Executive Officer (CEO) made a decision to start and complete the top 25 revenue-producing stores in the first year to get those stores remodeled and fully operational.

A business analyst (BA) has been brought in to help with planning the project and gathering requirements. What activity should the BA do to determine which stores will be the first to start the renovations?

Options:

A.  

Perform document analysis for stores annual records

B.  

Survey store managers for number of customers per day

C.  

Conduct a focus group with store managers to determine which should be first

D.  

Brainstorm with store managers on the current state of each store

Discussion 0
Question # 2

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:

Question # 2

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

Question # 2

If within the first six months, customer retention increased by 5 % and sales increased by 6%, then when will the desired sales and retention goals be achieved assuming the trend continues at the same pace?

Options:

A.  

Sales – 2 years; Retention – 18 months

B.  

Sales – 3 years; Retention – 1 year

C.  

Sales – 2.5 years; Retention – 2 years

D.  

Sales – 18 months; Retention – 1 year

Discussion 0
Question # 3

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:

Question # 3

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

Question # 3

Which technique would the BA use to validate the desired outcomes?

Options:

A.  

Business model canvas

B.  

Decision analysis

C.  

Key performance indicators

D.  

Use cases

Discussion 0
Question # 4

Company A is a nation-wide leader in commercial demolition. Having just celebrated its 100th year of operations, the company decided to begin doing work internationally. The current system used for reporting company finances is unable to keep pace with the potential demands of doing work in geographically dispersed locations. Therefore, the company decided to replace its client-based Profit & Loss (P&L) reporting system with a more robust, web-based system. This will ensure transparency across the organization and enable better decision making.

The business analyst (BA) at Company A has recently completed several rounds of elicitation to determine the requirements for the new, web-based system. Over 1250 requirements were elicited. An initial Requirements Traceability Matrix (RTM) has been drafted, and a subset of the RTM can be seen below:

Question # 4

The risk associated with Requirement ID F-P0001 is HIGH. The BA has gone back to the Crew Chief to determine why this requirement's risk is HIGH. The Crew Chief stated that it was based on an assumption.

Which of the following assumptions would make this requirement's risk high?

Options:

A.  

The users will require specialized training.

B.  

The web-based interface will be complex.

C.  

The system will be inaccessible in remote locations.

D.  

The cost of the solution outweighs its benefit.

Discussion 0
Question # 5

A national branch of a global company is struggling to improve business processes of its Public and Government Affairs (PGA) department. To work with external stakeholders effectively, PGA employees need to collect, manage, and exchange a vast amount of information. Complex cases involve collaboration of many employees from different departments. The ability to share information and to coordinate corresponding activities is crucial for the company's growth plans. Their current tools and practices do not serve the purpose well. The existing system, which was deployed a couple of years ago, has only a few active users. The majority of PGA employees avoid using it because the system is hard to use and lacks needed functionality. Consequently, available information is mostly unstructured and stored either locally or on a shared network drive. Some of the information exists only in a paper form.

The branch's PGA head, who sponsors the project, wants to implement a configurable solution that two other branches successfully deployed several months ago. Both deployments were done by three solution consultants, who will be available to assist in the project. They will be responsible for tailoring the solution to PGA needs, as well as for training the PGA staff. With their help, the sponsor plans to complete the project in approximately three months.

The solution consultants reside in another country 7 hours ahead of the rest of the project team. They will be available part-time, but are planning two one-week long trips to the PGA central office to conduct initial training and to participate in the final deployment of the system into production. The consultants, in turn, expect a business analyst (BA) to assist in collecting necessary data and defining customization requirements.

The solution consultants have composed a set of as-is solution documents. A spreadsheet contains a catalog of brief definitions of all requirements with priorities assigned to them. A separate document explains data models and user interfaces. For the new and changed requirements, the BA wants to capture additional attributes such as the source, reason, complexity, and priority of change. Some of these requirements can be reused in other work.

How should information for these requirements be managed?

Options:

A.  

Rewrite requirements independent of the solution design

B.  

Enter the information in the company's change management system

C.  

Add the attributes to the original requirements catalog and change requirements

D.  

Create a new workbook of requirements with necessary attributes

Discussion 0
Question # 6

A popular department store chain wants to make computer upgrades as well as conduct a major remodeling effort to increase revenue to all their 100 stores over the next 2 years. The remodeling will occur in two phases. The two phases are required at each store and can be completed in any order, but each phase must be fully completed before the next phase can begin. Phase 1 will take approximately 32 weeks and will not require a store to be temporarily closed. Phase 2 will take approximately 20 weeks and will require a store to be temporarily closed.

In order to keep inventory level and total revenue for the department store chain at an operational level, 75% of the stores must remain open to the public at all times. Against the board of director's advice, the Chief

Executive Officer (CEO) made a decision to start and complete the top 25 revenue-producing stores in the first year to get those stores remodeled and fully operational.

A business analyst (BA) has been brought in to help with planning the project and gathering requirements. What tool will help the BA understand the changes needed to keep the majority of the stores open?

Options:

A.  

Capability Model

B.  

Business capability analysis

C.  

Transition State Diagram

D.  

Stakeholder Matrix

Discussion 0
Question # 7

Gina has been asked to provide decision analysis for her solution scope.

Which one of the following best describes the decision analysis technique?

Options:

A.  

Assessed to support benefit management, measurement, and reporting.

B.  

Used to assess potential risks that may impact the solution and the cost and benefits associated with it.

C.  

Forecasts the size of the investment required to deploy and operate the proposed solution.

D.  

Cost-benefit analysis compares the cost of implementing a solution against the benefits gained. Financial analysis includes the use of financial models that estimate the market value of an organizational asset.

Discussion 0
Question # 8

Your organization is using a plan-driven approach to business analysis.

What must you do with all of the communication documents created as part of this high-priority project that you are serving as the business analyst for?

Options:

A.  

All formal communication must be destroyed once the project is completed.

B.  

All communications must be documented and passed onto the solution's project manager for analysis and to serve as supporting detail.

C.  

The communications management plan will dictate what will happen to the business analysis communications.

D.  

All communications must be archived and will become part of the organizational process as sets.

Discussion 0
Question # 9

Which of the following types of elicitation allows each stakeholder to freely discuss their role in a particular process?

Options:

A.  

Focus group

B.  

Structured interview

C.  

Quick Interview

D.  

Unstructured interview

Discussion 0
Question # 10

Which of the following requirement attributes lacks any ambiguous characteristics?

Options:

A.  

Understandable

B.  

User Requirements Document (URD)

C.  

Unambiguous

D.  

Urgency

Discussion 0
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