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The CBAP certification provides numerous benefits to both individuals and organizations. For individuals, the certification demonstrates a commitment to the business analysis profession, validates their knowledge and skills, and increases their earning potential. For organizations, the certification provides a benchmark for hiring and promoting business analysts, ensures consistency and standardization in business analysis practices, and enhances the organization’s credibility and reputation in the industry.
To be eligible for the CBAP exam, candidates must have a minimum of 7500 hours of business analysis experience in the last 10 years, along with 35 hours of professional development in the field of business analysis. CBAP exam is a four-hour computer-based exam consisting of 120 multiple-choice questions that are based on the Business Analysis Body of Knowledge (BABOK) guide. CBAP exam is designed to test the candidate's knowledge in various areas of business analysis, including business analysis planning and monitoring, elicitation and collaboration, requirements life cycle management, strategy analysis, and solution evaluation.
To be eligible for the CBAP certification exam, candidates must have a minimum of 7,500 hours of business analysis work experience in the past 10 years, as well as 35 hours of professional development in business analysis. In addition, candidates must provide references from a career manager, client or a CBAP recipient. The CBAP exam consists of 120 multiple-choice questions, and candidates have three and a half hours to complete the exam. CBAP exam covers various aspects of business analysis, including business analysis planning and monitoring, elicitation and collaboration, requirements life cycle management, strategy analysis, and solution evaluation. Passing the CBAP certification exam demonstrates a high level of expertise in the field of business analysis and can lead to career advancement opportunities.
NEW QUESTION # 155 
The table illustrates the statement of cash flows for a courier company for the last fiscal year.
Due to aggressive market competition, the management of the company performed a strategy review and based on their findings and the current market conditions they came up with strategic and tactical changes in order to keep a competitive market position.
In order to strengthen customer retention strategies through a new competitive advantage, the company is considering implementing a live parcel tracking system. The added value will be that the customers may determine the exact location of the parcel whether it is in a warehouse, crossing the ocean through an overseas ship, or travelling in a delivery truck at any time. The system tracks the location of the parcel by tracking the vehicle in which it is contained. However, for a group of old delivery trucks, it was noticed that the engine sound and vibration disturbed the tracking signal and caused interruptions. Therefore, the tracking does not perform accurately on these vehicles. Although the majority of management would like to sell these vehicles and replace them with newer ones, the Chief Financial Officer (CFO) was strongly against that approach. The CFO argued that instead of hanging tracking devices on the trucks' body, they can have the truck drivers manually send the truck location from a hand held mobile device every 30 minutes.
The company has a total of 134 old delivery trucks that have been in service for 10 years. Each vehicle was bought at a price of $22,000. Depreciation is done using a straight line basis and it is estimated that the vehicle depreciates at $1000 per year. The estimated salvage value per vehicle is about $3,000.
Another area of tactical improvement for the courier company is pricing. The management strongly believes that they can start a price war with the most aggressive competitor. Management thinks, with their variable cost of $4 per parcel and fixed cost of $6 per parcel, they can win the market. However, after implementing the tracking solution, fixed cost will jump to $8 per parcel which made management reconsider their options. The competitor has variable costs of $5 per parcel and fixed costs o $7 per parcel.
The CFO's resistance to replacing the older vehicles represents which type of cost?
- A. Opportunity
- B. Sunk
- C. Maintenance
- D. Operating
Answer: A
NEW QUESTION # 156
You are the business analyst for your organization. Management realizes that a proposed solution has risks that may cause the entire project to fail. They would like you to prioritize the requirements with maximum risks first so that if the project fails, there is little loss of capital in the project implementation.
What requirements prioritization approach is management asking you to create in this instance?
- A. Business or technical risk
- B. Relationship to other requirements
- C. Implementation difficulty
- D. Likelihood of success
Answer: A
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION # 157
A business analyst (BA) has been assigned to manage the ongoing stakeholder collaboration after completing a project. The BA needs to understand the stakeholders' level of satisfaction and wants to offer stakeholders an opportunity to help improve the working relationships based on this information.
Which technique should the BA use?
- A. Brainstorming
- B. Lessons learned
- C. Collaborative games
- D. Risk analysis and management
Answer: B
Explanation:
Reference:
https://www.pmi.org/learning/library/role-ba-managing-stakeholder-expectations-9367
NEW QUESTION # 158
You are the business analyst for your organization and are trying to determine the best solution for an identified problem. You have determined that you could create a software solution using inhouse resources for
$65,000 and with an ongoing support of $5,600 per month. A vendor offers you a quote that they can create the software for $49,000 with an ongoing support of $6,100 per month.
Which solution should you choose?
- A. Create the software if you'll use the solution longer than 32 months.
- B. Create the software if you'll keep the solution less than 32 months.
- C. Buy from the vendor if you'll keep the solution longer than 32 months.
- D. There is not enough information to determine which solution is financially better.
Answer: A
NEW QUESTION # 159
Which of the following is responsible for preparing the business architecture, feasibility studies, and business cases?
- A. Developer
- B. Business analyst
- C. Project leader
- D. Security Administrator
Answer: B
Explanation:
Section: Volume C
Explanation/Reference:
NEW QUESTION # 160
You are the business analyst for your organization and are creating the solution scope definition.
Which of the following should be included in the solution scope definition?
- A. Organization readiness assessment
- B. Elicitation techniques
- C. Business case
- D. Technical dependencies
Answer: D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION # 161
You are the business analyst for your organization. As part of the requirements prioritization you have given each key stakeholder $10,000 in play money to distribute among the identified requirements. Each stakeholder can assign their play money to any of the requirements, but the requirements will be prioritized based on the value of the play money assigned to each requirement. What type of requirements prioritization is happening in this scenario?
- A. Confirmation management
- B. Resource leveling
- C. Utility function
- D. Voting
Answer: D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION # 162
You are the business analyst for your organization. Management has asked that you create a stakeholder map as part of the conduct stakeholder analysis process.
What is a stakeholder map?
- A. A stakeholder map is a visual diagram that depicts the stakeholders' actions as responsible, accountable consult, and inform.
- B. A stakeholder map is a visual diagram that depicts the relationship of the stakeholders to the solution and to one another.
- C. A stakeholder map is a visual diagram that illustrates where the stakeholders are geographically located.
- D. A stakeholder map is a visual diagram that shows the connection among positive and negative stakeholder
Answer: B
NEW QUESTION # 163
You are the business analyst for your organization. For the past several months you have been completing the business analysis duties for the solution stakeholders. You now have, you believe, the solution requirements identified and documented. What must you now do with the requirements before proceeding?
- A. Present the solution to the project manager for his input.
- B. Make certain the stakeholders can pay for the solution and have them sign off on the requirements.
- C. Make certain the stakeholders understand the requirements before they approve the requirements you've gathered.
- D. Get all of the stakeholders to sign off on the requirements.
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 164
Which of the following models demonstrates the attributes, operations, and relationship to entities within the solution?
- A. CRUD matrix
- B. Entity Relationship
- C. Class model
- D. Data disctionary
Answer: C
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION # 165
All of the following are techniques that can be used to specify or model requirements except for which one?
- A. State diagrams
- B. Organization modeling
- C. Data modeling
- D. Work breakdown structure creation
Answer: D
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 166
You are the business analyst for your organization and are working with Sally, a project manager, for your organization. You and Sally are determining the cost of the labor, materials, equipment, and facilities in order to achieve the different solutions that have been proposed for an identified problem. What is this process called?
- A. Cost budgeting
- B. Scoping the project costs
- C. Rough order of magnitude cost estimating
- D. Expert judgment
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION # 167
Which of the following is NOT a component of an entity relationship diagram?
- A. Relationships
- B. Forks
- C. Attributes
- D. Entities
Answer: B
NEW QUESTION # 168
Which of the following is a narrative description of the work required for the project?
- A. Contract statement of work (CSOW)
- B. Statement of work (SOW)
- C. Contract work breakdown structure (CWBS)
- D. Work breakdown structure (WBS)
Answer: B
NEW QUESTION # 169
A business analyst (BA) is eliciting requirements to automate existing manual processes for fulfilling end users service requests. There is pressure from management to automate the process quickly using a commercial off-the-shelf (COTS) tool. The COTS solution has various modules including one for service request automation that has yet to be implemented in the organization. What e the BA's first step?
- A. Modify the COTS tool to fit the existing process
- B. Perform a gap analysis to understand missing capabilities
- C. Implement the COTS tool's modules
- D. Create a change strategy
Answer: B
NEW QUESTION # 170
The business process model is also known as _________.
- A. Activity model
- B. Organization model
- C. Relational model
- D. Data flow model
Answer: A
NEW QUESTION # 171
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