The Road to CBAP

Jackson was asked to calculate the IRR for a potential business investment. The current interest rate is 3% and the IRR that Jackson calculated is 5%, Should Jackson advise to proceed with the investment?

Mike asked Jennifer how much money the company should invest into an upcoming pilot program in order to realize a return of $10,000 two years from now. What is Mike asking Jennifer to calculate?

The research and development team has decided to build out a new proprietary internal messaging system. They've estimated the total cost of ownership to be around $35,000. What was used to determine the total cost of ownership (TCO)?

The length of time for an investment to pay for itself with no consideration of the discount rate is referred to as ________________?

What is the trigger to perform strategy analysis?

Which of the following is NOT an external force that may influence the current state of an organization.

To get a good time estimate for Kevin's projects, he has grouped his estimations into 3 categories of values: optimistic, pessimistic, and most likely. What estimation technique is Kevin using?

Felicia is working to determine who has the authority to make decisions and the process for making key decisions during the business analysis efforts. Which task is Felicia working on?

You decide to gain consensus of the current state before beginning any future state process modeling to ensure everyone is on the same page. Which type of BA Performance improvement are you taking?

Which BAPM technique requires you to break down complex, larger components into smaller sub-components to facilitate analysis, scaling, tracking, and measuring the work effort?

Cassie's last project was a huge success. Her stakeholders were extremely happy with her performance and outcome of the project. She would like to ensure that all her projects have the same high level of satisfaction going forward. A fellow BA advises her to setup a meeting to discuss and document successes as well as areas of improvements with the stakeholders and everyone involved with the project. What is her colleague advising her to do?

Which planning approach will have more informal deliverables?

Which is NOT a BAPM (Business Analysis Planning and Monitoring) technique?

What might you consider when performing stakeholder analysis?

Which acronym can help you determine requirement attributes needing to be captured, stored, and maintained?