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  4. IIBA.CBAP.v2024-01-19.q463 Dumps
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Question 338

The project manager wants to have the requirements analysis phase approved and asks the business analyst (BA) if this is possible. The BA wants to ensure that the requirements package is complete prior to closing the analysis phase. What would help the BA expedite the approval process for the analysis phase?

Correct Answer: B
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Question 339

A large insurance company wants to buy a new claims processing system or upgrade one of its two existing system. Each year the claims department is given a $3.5 million budget to spend. Time is of the essence since there are tome regulatory charges that will be coming the following year that will require several features that currently neither one of the two claims System currently support.
There are eight stakeholders involved in this initiative. There are local to where the claim system are managed, while five are located across the country. The business analyst (BA) struggled to get all stakeholders to agree on the desired features but ultimately got agreement on ten identified key features for the new claims system.
The BA was able to build a current state and future state process model which included all ten key features.
System a processes 75% of the company's claims. It is 5 years old and the claim processors love it because it is easy to use. However it must go offline for two hours each day. The code is very module so it does have flexibility to be modified. To upgrade system A to have all ten features it would cost $5 million. System A would be at capacity if it were to process all of the company's claims.
System B process 25% of the company's claims. It is an older mainframe system, but rarely goes offline. It could easily handle double the number of claims that system A processes. However it has a lot of legacy code and would cost $6 million to upgrade.
Both system have some of the tem desired key features. But neither system has all ten. The cost to buy a new system would be $7 million.
Below is the estimated cost for each feature in priority order.

If System A is unanimously selected to be the system for upgrade but the technical lead says that System A will have to be taken offline for 3 months, what kind of strategy should the project team develop while system A is offline?

Correct Answer: D
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Question 340

Which of the following meeting brings all of the potential vendors together to discuss the statement of work and the request for proposal?

Correct Answer: D
Explanation
A bidders conference is a meeting that brings all of the potential vendors together to discuss the statement of work and the request for proposal. A bidders conference is an opportunity for the soliciting organization to clarify any questions or issues regarding the project, the requirements, the evaluation criteria, and the procurement process. A bidders conference also allows the potential vendors to network with each other and explore possible partnerships or subcontracting opportunities. A bidders conference is different from a contract bidding meeting, which is a meeting where the soliciting organization evaluates and selects the winning vendor. A bidders conference is also different from a status meeting, which is a meeting that provides updates on the progress and performance of a project. A bidders conference is not a qualified vendors meeting, which is a meeting that pre-qualifies vendors based on their capabilities and experience. References:
RFP: A Quick Guide to Request for Proposals (Templates Included), paragraph 8 How to Write a Statement of Work for Any Industry | Smartsheet, paragraph 9
50+ SAMPLE Vendor Request for Proposal in PDF, paragraph 3
The Ultimate RFP Guide: Steps, Guidelines & Template for Requests for ..., paragraph 5
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Question 341

____ is the degree to which a set of inherent characteristics fulfills requirements.

Correct Answer: D
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Question 342

Which of the following process groups occurs at the beginning of the project?

Correct Answer: C
Explanation
The initiating process group is the one that occurs at the beginning of the project. It involves defining the project scope, objectives, and deliverables, obtaining the project authorization, identifying the key stakeholders, and establishing the project manager's authority. The initiating process group helps to set the vision and direction of the project, and aligns it with the strategic goals of the organization. The initiating process group also ensures that the project is feasible, viable, and desirable, and that it has the necessary support and resources to proceed. References:
CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, page 47 Project Management Process Groups - Villanova University, under Initiating Process Group The Five Traditional Process Groups Explained - Project Management Academy, under Initiating Phase
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