Can You Answer These Business Questions?

1. Which of the following is NOT a financial valuation technique?Which of the following is NOT a financial valuation technique?

Discounted cash flow, net present value.

Internal rate of return, average rate of return.

Payback period, cost benefit analysis.

Dollar rate adjustment, decision analysis.

2. Omar has been researching a business problem for several days trying to understand why it happened. What is Omar performing?

Decision analysis.

Root cause analysis.

Problem analysis.

Defect analysis.

3. Marcos is working on a team to incrementally build and release new software features for a government web site. The government assembly has passed legislation dictating the availability of certain features by a series of dates in the near future. Marcos is working with the design team to help decide which features will be included in each iteration. What activity is Marcos doing?

Business Rules Analysis.

Decision analysis.

Release planning.

Allocate requirements.

4. Elizabeth is working on a complex Government regulated project where a great deal of uncertainty exists because of unknown requirements that do not show up in the Government file specification. In order for Elizabeth to make a good decision, she must have the ability to understand all of the following EXCEPT:

The nature of the decision being made.

The consequences of each possible decision.

The relevant values, goals and objectives.

The areas of certainty that affect the decision.

5. Which of the following is NOT a part of risk analysis?

Likelihood of a risk.

Impact of a risk.

Scope of a risk.

Mitigation of a risk.

6. Which of the following statements is INCONSISTENT with Risk Assessment:

This initial risk assessment focuses mainly on feasibility risks of the solution, and is re-assessed throughout the project.

The initial risk assessments focuses mainly on the financial aspects of the solution.

The risk assessment should consider technical risks.

7. A Transition Requirement can best be described as:

Higher level statements of goals or objectives.

Specific needs of a class, group or individual.

Capabilities the solution has in the current state but no longer needed in the future state.

Capabilities the solution has in order to help implement the future state.

8. A Feasibility Study can contain ALL BUT the following:

Executive summary.

Detailed costs of developing the solution.

Business problem and/or opportunity statement.

Market research to identify viable solution options.

9. Which statement best describes the definition of feasibility analysis?

The business analyst alone or with a small team of experts examines the possible approaches in an informal working session.

Interviewing stakeholders and project team members for constraints and assumptions.

Ranking and selecting possible solution approaches.

Identify solution approaches that have proven effective in other organizations.

10. Which of the following best describes something that is NOT an input to the 'Define Solution Scope' task in the Enterprise Analysis Knowledge Area?

Defining goals and objectives.

Further analysis of potential systems and processes.

How stakeholders will respond to a new product or service or about the availability of technology.

11. You are in the process of ensuring that a delivered solution meets the business needs on an ongoing basis. You are confident that the solution meets the business need and have determined the most appropriate response. What form best represents that response?

Verified and approved requirements.

Prioritized requirements and approved requirements.

Identified defects and solution validation assessment.

Mitigating actions and approved requirements.

12. One of the following elements is NOT a part of the standard nomenclature for a DFD (Data Flow Diagram):

Process.

Data store.

External entity.

Join.

13. An actor in a user story is what?

Someone who benefits from the user story.

Someone who acts in the user story.

Someone that creates the user story.

Someone that triggers the user story.

14. Who is responsible for making sure that the process is followed during a structured walkthrough?

Facilitator.

Moderator.

Author.

Sponsor.

15. You are currently performing a ranking of potential options to determine a solution approach. What options would you pursue if a solution is NOT readily presenting itself?

Contact the sponsor for a decision.

Quantitative assessment followed by weighted scoring system.

Qualitative assessment followed by weighted scoring system.

Operational assessment followed by a weighted scoring system.

16. When assessing proposed solutions, the business analyst will involve which stakeholder(s) to get their feedback during the selection process and their help in assessing options?

Domain SME.

Implementation SME.

Operational Support.

Supplier

17. Which technique is likely to have the LEAST amount of detail:

User Story.

Storyboarding.

Use Case scenarios.

Prototyping.

18. Effective teamwork skills are demonstrated through all BUT:

Developing trust.

Effective conflict resolution.

Shared ownership.

Stakeholder analysis

19. Which of the following characteristics best describe a good metric?

Clear, quantifiable, qualifiable, relevant, economical.

Clear, quantifiable, assumed, present, economical.

Clear, quantifiable, actionable, time-bounded, economical.

Clear, quantifiable, adequate, relevant, economical.

20. In a meeting with a business owner about a new initiative, Eva learned that although the business owner expected pushback from some stakeholders, the initiative was an important one for the survival of the company. Eva takes this information into account when she

Determines the solution approach.

Defines the business case.

Defines the solution scope.

Defines the business need.

21. Which of the following outcomes is the direct result of the Feasibility Study:

22. Keri is a BA working in a company that manufactures construction materials. She is working with a business owner on a new initiative to develop roofing material from recycled shingles. She has defined the business need and determined the capabilities needed for this "green" solution. In order to define the costs and benefits, she needs to know how big the solution is. She knows that included in this solution are:

The capabilities supported by the solution components, including the business processes, new hardware, and software only.

23. For six months an organization that produces cell phones has been excited about a new concept. In addition to wireless charging, the phones' batteries will not lose a charge, because they will automatically charge themselves whenever they detect a wireless connection. Sangeeta is a BA who has become aware of this new feature. She wants to ensure that she understands this opportunity. In order to do so, what needs to be in place?

Business goals and objectives and stated stakeholder requirements.

Stated business requirements and business goals and objectives.

Desired outcome and stated stakeholder requirements.

Stakeholder analysis and the business analysis approach.

24. You have been working for 5 months as a business analyst on a large ERP implementation, this year's highest profile cross-functional project. You have discovered a deal breaker with an important requirement that could jeopardize not only the project but also produce potential damaging legal issues. You are having difficulty articulating the issue because the business case does not reflect this risky deal breaker and potential scope creep that you have found. What is your best avenue to quickly resolve this issue?

Schedule a requirements walkthrough.

Schedule a meeting with your project manager.

Schedule a requirements workshop.

Schedule a meeting with the project sponsor.

25. Joy is a business analyst and is working with her project manager on a project to automate a manual process. They are working together on a Work Breakdown Structure to break down which type of scope?

Project scope.

Product scope.

Process scope.

Organization scope.

26. In a project with little formal documentation, what would the BA rely on?

Email, meeting minutes, whiteboard notes.

User stories, whiteboards, flip charts.

Presentations in requirements workshops and structured walkthroughs.

Verbal discussions with stakeholders.

27. Which of the following techniques is NOT used to develop a Business Case:

Strengths, Weaknesses, Opportunities and Threats (SWOT) Analysis.

Decision analysis.

Organizational Readiness Assessment.

Estimation.

28. As a BA assigned to improve an enterprise process in order to maximize the achievement of its business mission, you would most likely start with an analysis technique such as:

Data mapping.

Activity diagrams.

CRUD matrix.

Performance requirements.

29. The business analyst is working with stakeholders and the project team to rule out options because they are believed not to be viable. What is the ultimate goal that the business analyst is trying to achieve?

Define the solution approach.

Define assumptions and constraints.

Define organizational capabilities.

Define business need.

Can You Answer These Business Questions?

1. Which of the following is NOT a financial valuation technique?Which of the following is NOT a financial valuation technique?

2.

What first name or nickname would you like us to use?

2. Omar has been researching a business problem for several days trying to understand why it happened. What is Omar performing?

5. Which of the following is NOT a part of risk analysis?

6. Which of the following statements is INCONSISTENT with Risk Assessment:

7. A Transition Requirement can best be described as:

8. A Feasibility Study can contain ALL BUT the following:

9. Which statement best describes the definition of feasibility analysis?

10. Which of the following best describes something that is NOT an input to the 'Define Solution Scope' task in the Enterprise Analysis Knowledge Area?

11. You are in the process of ensuring that a delivered solution meets the business needs on an ongoing basis. You are confident that the solution meets the business need and have determined the most appropriate response. What form best represents that response?

12. One of the following elements is NOT a part of the standard nomenclature for a DFD (Data Flow Diagram):

13. An actor in a user story is what?

14. Who is responsible for making sure that the process is followed during a structured walkthrough?

15. You are currently performing a ranking of potential options to determine a solution approach. What options would you pursue if a solution is NOT readily presenting itself?

16. When assessing proposed solutions, the business analyst will involve which stakeholder(s) to get their feedback during the selection process and their help in assessing options?

17. Which technique is likely to have the LEAST amount of detail:

18. Effective teamwork skills are demonstrated through all BUT:

19. Which of the following characteristics best describe a good metric?

20. In a meeting with a business owner about a new initiative, Eva learned that although the business owner expected pushback from some stakeholders, the initiative was an important one for the survival of the company. Eva takes this information into account when she

21. Which of the following outcomes is the direct result of the Feasibility Study:

25. Joy is a business analyst and is working with her project manager on a project to automate a manual process. They are working together on a Work Breakdown Structure to break down which type of scope?

26. In a project with little formal documentation, what would the BA rely on?

27. Which of the following techniques is NOT used to develop a Business Case:

28. As a BA assigned to improve an enterprise process in order to maximize the achievement of its business mission, you would most likely start with an analysis technique such as:

29. The business analyst is working with stakeholders and the project team to rule out options because they are believed not to be viable. What is the ultimate goal that the business analyst is trying to achieve?