You are the business analyst for your organization. You're considering if you should make a solution or purchase it from a vendor. If your team creates the solution, it will cost $286,000 and will cost $2,400 per month to support. The vendor's solution, however, will cost $239,000 and will cost $2,850 per month to support. How long will you need to use your in-house solution to be more cost effective than the vendor's proposed solution?
Answer(s): A
In 105 months, your solution will equate to the cost savings offered by the vendor. In other words, if your solution will be kept longer than105 months, it's best to use your solution. You can find this solution by first finding the difference of the build and buy costs, which is $47,000. Next, find the difference of the monthly costs, which is only $450. You'll then divide $47,000 by $450 for an answer of 104.4 months, or for this answer, 105 months.Answer C is incorrect. 64 months is not the correct calculation to this scenario. Answer B is incorrect. 32 months is not the correct calculation to this scenario. Answer D is incorrect. 19 months is not the correct calculation to this scenario.
You are the business analyst for your organization and you're notifying the key stakeholders of a need to gather requirements for an endeavor. One of the stakeholders that you'll need to attend your requirements workshop is the project manager. What role will the project manager have in this workshop?
Answer(s): B
The role of the project manager in elicitation tasks is to ensure that the needed resources are available. Answer C is incorrect. The project manager will likely be involved in the requirements workshop.Answer A is incorrect. The project manager won't facilitate the requirements workshop, the business analyst will.Answer D is incorrect. The project manager may help elicit requirements from stakeholders, but this isn't the best choice for the Question.
You are a Business Analyst for your organization, and you're preparing to elicit requirements from stakeholders. You've gathered several inputs to help with the elicitation process. Which input will you use to ensure that you understand the type of information that should be elicited from stakeholders?
Answer(s): C
The inputs required to prepare for elicitation are as follows:Business Need. It guarantees that the type of information elicited from stakeholders is understood to the business analyst. This input is used at the time of eliciting business requirements. Solution Scope and Business Case. It guarantees that the type of information elicited from stakeholders is understood to the business analyst. This input is used at the time of eliciting stakeholder, transaction requirement, and solution.Stakeholder List, Roles, and Responsibilities. It is required for the identification of stakeholders that are required to participate in elicitation activity.Answer D is incorrect. Risk Assessment is a review of the risks in the project, and isn't an input to the elicitation business analyst tasks.
Nancy has asked you to trace a particular requirement for her. What does 'to trace a requirement' mean?
Answer(s): D
Tracing a requirement is the linkage of the requirements to all the parts of solution including its execution and creation.Answer C is incorrect. This is not a valid definition of tracing a requirement. Requirement tracing does not consider risk, cost, quality, and other scope elements. Answer A is incorrect. This is not a valid definition of tracing a requirement. It does not examine its position in the project WBS.
Which elicitation activity is best described to ensure that the needed resources are organized and available for the elicitation?
In order to conduct the elicitation process, the business analyst must work with the appropriate people, such as the project manager, to ensure that the needed resources are organized and available for the elicitation. Answer C is incorrect. Planning for elicitation is not a valid elicitation task.Answer A is incorrect. Confirming elicitation results is the confirmation that the business analyst understands the requirements and that the stakeholder confirms the results of the elicitation. Answer D is incorrect. Managing stakeholder requirements is not a valid elicitation task.
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