Free IIBA CBAP Exam Dumps Questions & Answers

A leading software manufacturing company has appointed a business analyst (BA) to ensure that requirements are managed effectively and efficiently. The BA discovered some missing functionality as well as some implemented functionality which are not supported by requirements.
Which of the following tasks did the BA use to discover the issues?

• A.  Evaluate requirement changes
• B.  Elicit requirements again
• C.  Define requirements architecture
• D.  Trace requirements

Which one of the following is the most accurate definition of the solution scope?

• A.  Determines if an organization can justify the investment required to deliver the proposed solution.
• B.  Defines what must be delivered in order to meet the business need.
• C.  Determines the things that are believed to be true in the solution but they have not yet been proven to be true.
• D.  Defines the business need, identified key stakeholders, describes the positive impact of the solution.

While defining what necessary conditions are required to achieve the business need for a highly regulated government client, a business analyst (BA) discovers that some legacy policies will either constrain or are insufficient to achieve value desired by the future state.
How should the BA proceed?

• A.  Obtain approval to change the policies
• B.  Model two future states, one with and another without these policies
• C.  Modify the solution to comply with the policies
• D.  Identify an assumption about future state value

A financial institution engaged in mortgage lending has embarked on a business process improvement initiative to eliminate the activities that hinder growth to ultimately improve the success rate of its mortgage business. As a benchmark for identification, the institution is keen on improving any business process that has less than a 75% success rate. The institution has appointed a business analyst (BA) to review the business transactions for the processes of origination, payments, and closures, as well as identify opportunities for improvements and recommend solutions.
The BA has collected the following information over the last three months pertaining to these business processes:
*All the business processes are at their maximum capacity in terms of the current number of transactions.
*Each business process has a certain number of rejects and the reasons for rejection include documentation, verification, collateral, and funding. Funding rejects occur when the bank's customers have failed to make payment of their mortgage processing fee or mortgage closure payment.
The BA has also recommended the use of documentation checklists as a solution to eliminate the documentation rejects.

Which of the following business processes can be identified for the process improvement initiative?

• A.  Mortgage origination process
• B.  Mortgage payment process
• C.  Mortgage closure process
• D.  Collateral verification process

An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year.
Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals.
A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on:
*Total annual premium the customer has with the company (Financial worth)
*Time with the insurance company (Loyalty)
Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium:

The percentage of the maximum possible discount available to the customer is adjusted based on time with the company:

What did the BA create to ensure that everyone who needed to be included had been?

• A.  Onion diagram
• B.  Concept model
• C.  Capability diagram
• D.  Context model