CBAP - Enterprise Analysis - 10

Cost-benefit analysis, financial analysis, and SWOT analysis are the most applicable techniques for preparing a business case. Cost-benefit analysis helps in evaluating the costs and benefits of a proposed project, allowing decision-makers to determine its feasibility. Financial analysis involves assessing the financial aspects of the project, such as profitability, return on investment, and cash flow. SWOT analysis helps in identifying the strengths, weaknesses, opportunities, and threats associated with the project, enabling a comprehensive understanding of its potential risks and benefits. These three techniques together provide a holistic approach to evaluating the viability and potential success of a business case.

Studying an existing enterprise architecture and doing document analysis will help the most with assessing capability gaps, particularly understanding the current capabilities of the enterprise. By analyzing the existing architecture and documents, one can gain insights into the current capabilities of the enterprise and identify any gaps or areas for improvement. This understanding is crucial for assessing the capabilities required to address the gaps and make informed decisions for enhancing the enterprise's performance.

The correct answer is "Define the business need, determine gap in capabilities to meet the business need, determine the solution approach, define the solutions scope, and develop the business case." This answer accurately reflects the tasks involved in the Enterprise Analysis Knowledge Area. It includes activities such as identifying the business need, assessing the current capabilities, determining the best approach to address the gap, defining the scope of the solution, and developing a business case to support the proposed solution.

In this scenario, where no enterprise analysis work has been performed, the first thing that should be done is to define the business need that the COTS package is intended to address. This is important because it establishes the purpose and objective of implementing the COTS solution. By clearly understanding the business need, the sponsor and stakeholders can align their expectations and requirements with the COTS package, ensuring that it meets the specific needs of the organization. This step sets the foundation for further analysis and decision-making regarding the implementation and scope of the COTS solution.

The last step in enterprise analysis is to define the business case. This involves identifying and documenting the reasons and justifications for undertaking a particular project or initiative. By defining the business case, the organization can assess the feasibility, benefits, and risks associated with the proposed solution. This step typically occurs after determining the solution scope, determining the solution approach, and determining the gap in capabilities to meet the business need.

During enterprise analysis, it would be most appropriate to generate alternatives for determining the solution approach. This is because determining the solution approach involves evaluating different options and selecting the most suitable one. By generating alternatives, the analyst can explore different strategies, technologies, and approaches to find the best solution for the organization's needs and goals. This process helps in identifying potential risks, costs, and benefits associated with each alternative, enabling informed decision-making.

The correct answer is to define a business case, starting with identifying and quantifying the benefits and costs. This is the logical next step after having a defined and approved solution scope for a new COTS package. By identifying and quantifying the benefits and costs, you can assess the feasibility and potential return on investment of the project. This information will help in making informed decisions and securing necessary resources for the project.

The best definition for the Enterprise Analysis Knowledge Area is that it consists of activities for defining business needs, recommending a solution to meet those needs, and substantiating the cost of the solution. This definition encompasses the main components of enterprise analysis, which involve understanding the business requirements, identifying potential solutions, and evaluating the financial feasibility of the proposed solution. It highlights the importance of considering both the needs of the organization and the cost implications when conducting enterprise analysis.

The elements that can best help create the Scope Statement deliverable during Enterprise Analysis are the Solution Scope Statement, Describe the Implementation Approach, and Define Dependencies. These elements provide a clear understanding of the scope of the project, the approach to implementing the solution, and the dependencies that may impact the project. By including these elements in the Scope Statement, the project team can effectively define and communicate the boundaries, objectives, and deliverables of the project.

Root cause analysis is a technique used to identify the underlying cause of a problem or issue. It is commonly used in determining the business need because it helps to identify the root cause of the problem or gap that the organization is facing. By understanding the root cause, the organization can then develop appropriate solutions to address the identified need and achieve its business goals and objectives.