A project team has been assembled to streamline accounts payable processes in all divisions of the company. As part of the planning activities, the business analyst is working to identify stakeholders. Which of the following techniques would the business analyst use to identify stakeholders?
Correct Answer: A
Explanation The business analyst would use brainstorming to identify stakeholders. Brainstorming is a technique that involves generating ideas or solutions through a group discussion or a creative thinking process. Brainstorming can help the business analyst to identify potential stakeholders who have an interest, influence, or impact on the project or the solution, and to solicit their input and feedback on the project requirements and expectations. References: PMI Professional in Business Analysis (PMI-PBA) Examination Content Outline1, page 9; Business Analysis for Practitioners: A Practice Guide2, page 38.
PMI-PBA Exam Question 77
What are some of the components of a requirements management plan?
Correct Answer: C
Explanation A requirements management plan is a document that describes how the requirements will be elicited, analyzed, documented, validated, and managed throughout the project. It typically includes the following components12: Requirements work plan: This component defines the activities, tasks, resources, schedule, and deliverables for the requirements process. It also identifies the roles and responsibilities of the requirements team and other stakeholders. Prioritization process: This component describes the criteria and methods for prioritizing the requirements based on their value, urgency, risk, dependency, and other factors. It also defines the levels of priority and how they will be communicated and updated. Traceability matrix template: This component provides a format for documenting the relationships and dependencies among the requirements, the sources of the requirements, and the project deliverables. It also helps to track the status, changes, and verification of the requirements. Other components: Depending on the project context and complexity, the requirements management plan may also include other components, such as requirements definition, requirements attribute template, requirements change control process, requirements communication plan, requirements validation plan, and requirements metrics12. : 1 PMI Professional in Business Analysis (PMI-PBA) Examination Content Outline, page 9; 2 Business Analysis for Practitioners: A Practice Guide, page 121-122
PMI-PBA Exam Question 78
Once the requirements are compared to internal and external quality standards, what should the business analyst do next?
Correct Answer: C
Explanation The next step that the business analyst should take after comparing the requirements to internal and external quality standards is to ensure that the requirements are validated. Validation is a process that confirms that the requirements align with the business objectives, stakeholder needs, and expected value of the project. Validation also ensures that the requirements are feasible, acceptable, and testable. Validation can be performed by using techniques such as reviews, walkthroughs, inspections, or demonstrations. Validation can help to identify and resolve any errors, gaps, or conflicts in the requirements before they are approved and implemented. Setting the priority of the requirements is not the next step that the business analyst should take after comparing the requirements to internal and external quality standards, as it is a process that determines the order and importance of the requirements based on their value, risk, urgency, or dependency. Priority can be set before or after comparing the requirements to quality standards, but it does not verify or confirm that the requirements meet the stakeholder expectations or project goals. Communicating the requirements to stakeholders is not the next step that the business analyst should take after comparing the requirements to internal and external quality standards, as it is a process that involves sharing and presenting the requirements to relevant stakeholders for feedback, approval, or implementation. Communication can be done before or after comparing the requirements to quality standards, but it does not check or ensure that the requirements are aligned with the business objectives or deliver value to the stakeholders. Baselineing the requirements is not the next step that the business analyst should take after comparing the requirements to internal and external quality standards, as it is a process that establishes an agreed-upon version of the requirements as a reference point for further changes or development. Baselineing can be done only after validating and approving the requirements, as it implies that they are complete, correct, clear, and consistent. References: Business Analysis for Practitioners: A Practice Guide 1, page 113-114; PMI Professional in Business Analysis (PMI-PBA) Examination Content Outline 2, page 17.
PMI-PBA Exam Question 79
A company is developing a new risk management system. The company expects the system to evolve in the near future due to changing government regulations. Which approach will better cope with the requirements' volatility?
Correct Answer: C
Explanation Phased baselining is an approach that involves dividing the requirements into smaller subsets or increments that can be approved, developed, and delivered separately. Phased baselining can help to cope with the requirements' volatility, as it allows the business analyst and the stakeholders to accommodate changes and feedback in each increment, and to adjust the scope and priorities of the subsequent increments accordingly. Phased baselining can also reduce the risk and uncertainty of the project, as it enables early validation and verification of the solution, and provides more flexibility and adaptability to the changing business environment and regulations. : PMI Professional in Business Analysis (PMI-PBA) Examination Content Outline1, page 24; Business Analysis for Practitioners: A Practice Guide2, page 133.
PMI-PBA Exam Question 80
A business analyst is working on a highly complex project and has elicited a large number of requirements from stakeholders in several departments. Due to the large number of requirements, the stakeholders have determined that they would like to prioritize them to minimize a potentially large scope. Which technique could the business analyst use to manage requirements?
Correct Answer: A
Explanation The MoSCoW technique is a prioritization technique that helps to rank requirements according to their importance and urgency. The acronym stands for Must have, Should have, Could have, and Won't have. This technique can help the business analyst to manage requirements by focusing on the most critical ones and minimizing the scope creep. References: = PMI Professional in Business Analysis (PMI-PBA) Examination Content Outline, page 19.