Holly is the business analyst for her organization and she's leading a requirements workshop for a proposed solution. In this workshop, Holly is using a requirements tracing matrix to help prevent against scope creep. What is scope creep?
Answer(s): D
Scope creep is the addition of the deliverables that don't trace back to the original business goals to the project scope.Answer B is incorrect. The addition of deliverables to the project scope in an attempt to consume the project budget is called gold plating.Answer A is incorrect. The removal of elements that don't contribute to the overall quality is the removal of non-value added deliverables.Answer C is incorrect. This answer is tempting but is incorrect, as the project scope doesn't exist yet, as Holly is only gathering the requirements for a proposed solution.
A business analyst has determined that a project should be worth $2,750,000 in four years if her company decides to pursue the project. Assuming the rate of return on the investment is six percent, what is the minimum amount of funds the organization should invest in this project?
Answer(s): C
To find the solution to this answer, you'll need to use the present value formula which is Present value=future value(1+i)n, where i is the interest rate and n is the power of the number of time periods. In this instance, it's$2,750,000(1.262) for the present value of $2,178,257.57. If the cost of the project is more than the present value, it's not a good investment for the organization. Answer D is incorrect. This is not a valid calculation of the present value formula. Answer B is incorrect. This is not a valid calculation of the present value formula. Answer A is incorrect. This is not a valid calculation of the present value formula.
Audrey is the business analyst for her organization and she's doing an assessment of the organization's readiness to implement the solution. In her assessment, she's finding that there are conflicting stakeholder groups for and against the proposed solution. Some of the stakeholders have more power over the solution than others. What diagram can Audrey create to visualize the people that are for and against the solution?
Answer(s): A
A force field analysis diagram shows the opposing forces to the solution and ranks their force, their power over the solution decision.Answer B is incorrect. A tornado diagram is used in sensitivity analysis. It's called a diagram because the bar chart is listed vertically and often looks like a tornado when complete. Answer C is incorrect. A stakeholder matrix can be used in stakeholder management to show concerns, threats, and strategies for managing the stakeholders. Answer D is incorrect. A Pareto chart is a bar chart that ranks problems or categories from largest to smallest. It's often used in quality control to rank categories of defects for improvements.
When a business analyst prepares for elicitation, he must define the scope of the selected elicitation technique, notify the stakeholders of the elicitation plan and technique to be used, and what other preparation activity?
When preparing for the elicitation event, the business analyst must also schedule all needed resources. The resources are people, facilities, equipment, and other things that can help complete the event.Answer C is incorrect. Defining the solution is not part of preparing the elicitation. Answer B is incorrect. The business analyst doesn't create an elicitation plan in preparation of the elicitation event.Answer D is incorrect. Performing stakeholder analysis is not an elicitation preparedness technique.
As a business analyst, you'll need to recognize the methods that are appropriate for recording and documenting the results of elicitation activities. Which one of the following cannot be considered as a valid method for documenting elicitation?
Voice mails are not appropriate for documenting the results of elicitation activities. Answer D is incorrect. Written documentation is the preferred method for documenting the results of an elicitation event.Answer B is incorrect. Audio and video recordings are appropriate documentations of the elicitation event. Answer A is incorrect. Whiteboards (actual or virtual) are approved methods for documenting elicitation events.
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