ECBA Exam Dumps - IIBA Entry Certificate in Business Analysis Questions and Answers

According to the BABOK® Guide v3, modeling of requirements can commence with elicitation results in any state. This means that even unconfirmed or preliminary elicitation results can be used to begin modeling, acknowledging that further elicitation may be necessary to refine and validate the models.

Reference from BABOK® Guide v3:

"Elicitation Results (any state): modelling can begin with any elicitation result and may lead to the need for more elicitation to clarify or expand upon requirements."

— BABOK® Guide v3, Section 7.1.3 Inputs

In the context of business analysis, reviews are conducted to assess the content of a work product. The participants in these reviews typically include:

Author: The person who created the work product.

Reviewer: Individuals who evaluate the work product, looking for defects and areas of improvement.

Facilitator: The person who leads the review process, ensuring that the objectives are met and the process is efficient.

Scribe: The individual responsible for documenting the findings of the review.

These roles are essential to ensure that the work product is complete, valid, and meets the necessary quality standards.

 The RACI Matrix is a tool used in business analysis to classify stakeholders according to their responsibility in a project. RACI stands for Responsible, Accountable, Consulted, and Informed. Each letter represents a level of task responsibility. The RACI Matrix clarifies the roles and responsibilities of stakeholders in a project, ensuring that everyone knows what is expected of them. This helps in avoiding confusion and overlapping of duties among stakeholders.

In the context of prioritizing requirements, risk refers to the difficulty of implementing a requirement or the likelihood that it cannot deliver its potential value. Risk-based prioritization considers uncertainties related to implementation, cost overruns, time delays, or failure to achieve desired outcomes. High-risk requirements may be prioritized lower unless mitigated effectively.

BABOK® Reference – Task: Prioritize Requirements (Section 5.2):

“Risk: the chance that the requirement cannot deliver the potential value, or that the solution may not deliver the expected benefit.”

Decision Modelling and Estimation are techniques that can be applied to prioritize requirements effectively. Decision modelling helps in understanding the implications of various choices and selecting the best course of action based on the analysis. Estimation provides insights into the effort and resources required to fulfill the requirements, which is crucial for prioritization, especially when resources are limited or when there are time constraints.

Validate requirements ensures that a set of requirements or designs delivers business value and supports the organization's goals and objectives.

In planning an information management approach, a repository is the input element that indicates the current status of stored information. A repository provides a centralized location where information is stored, managed, and retrieved. It gives a clear picture of the current data landscape, including what data is available, how it is organized, and how it can be accessed. This is crucial for effective information management as it helps in assessing the completeness, accuracy, and relevance of the information stored.

In the context of business analysis, the term "stability" refers to the likelihood that a requirement will change due to the need for further analysis or because stakeholders have not reached a consensus. Stability is a critical attribute to assess as it impacts the prioritization, planning, and management of requirements. Requirements with low stability may require additional attention, analysis, or engagement with stakeholders to clarify, refine, and agree upon the needs to ensure they are well-understood and stable enough to be implemented effectively without significant changes in the future.

In business analysis, the predictive approach is characterized by its structured nature, where requirements are approved at the end of a phase or during planned change control meetings. This approach is in contrast to adaptive approaches, which approve requirements more iteratively and as needed throughout the project lifecycle. References: The information is consistent with the practices described in the BABOK Guide and other IIBA resources, which specify that predictive approaches typically involve approvals at the end of the phase12.

The task that uses the "Elicitation Activity Plan" to draw out, explore, and identify information relevant to the change is "Conduct Elicitation." This task involves direct interaction with stakeholders or independent research to understand stakeholder needs and identify potential solutions that may meet those needs. The Elicitation Activity Plan guides the business analyst through the planned elicitation activities, ensuring that the elicitation is focused, efficient, and aligned with the project objectives. This structured approach to elicitation helps in gathering relevant and accurate information, which is essential for the success of the change initiative .