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IIBA CBAP Practice Test - Questions Answers, Page 23

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Which of the following is a quality control chart to track trends in project execution?
A bank moves currency from the main office to the branches daily for operational use. To avoid paying overnight interest, the branches return the currency at the end of the business day. The bank requires a new inventory management system to account for the whereabouts of the cash at all times. A software provider has proposed a heavily customized version of their standard inventory management software. As the project progresses, the business analyst (BA) identifies a number of subtleties that would suggest a fully made to order solution may be a better option for the bank. What inputs does the BA need to perform the analysis?
A health insurance provider undertakes enhancements to its mobile application platform and finalizes the following capabilities as part of the scope of the next release:
When do change requests generally increase in a project?
A non-profit utility company has 900 employees, a majority of whom are hourly employees and must track their time using a paper-based process. A few years ago the Director of Human Resources purchased a software system to eliminate the current paper-based time reporting process. No requirements specific to the utility company were defined prior to the purchase. A team was formed to implement the software. During implementation process, the team discovered the software lacked functionality and was not robust enough to support the general ledger requirements. The company stopped the effort and incurred a $500,000 USD loss on the cost of the software. This year, the Director of Finance requested that a team investigate the current paper-based time reporting process and recommend solutions. The Director of Finance feels that the Director of Human Resources must be involved as a critical stakeholder. The Director of Human Resources is still bitter about the last effort because the process 'stopped'. During a design review meeting to discuss the future state, all stakeholders are in agreement except the Director of Human Resources. Who makes the final decision?
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 business analyst (BA) is working on a payment system (PS) implementation. A set of systems which should interact with a new system has been identified. The business analyst defined that a user with role of "Supervisor" in the PS must pass a two-factor authentication before an execution of the functions: "Change system parameters" and "Set up new supervisor." A user must have the role of "Supervisor" to use the standard functions "Send mail notification" or "Send SMS notification". The BA defined the following use cases: - "Change system parameters" - "Setup new supervisor" - "Send mail notification" - "Send SMS notification" - "Send notification" - "Pass a two-factor authentication" The BA wants to create a Use Case diagram. What standard relationship should be defined between "Change system parameters", "Setup new supervisor" and "Pass a two-factor authentication"?
You are the business analyst for your organization and are working with Virginia on the allocation of requirements for a new solution. You have assigned Virginia the task of breaking down the solution scope into smaller components for allocation. What technique have you asked Virginia to complete in this scenario?
A business analyst (BA) has a meeting next week with the project sponsor to ensure that the requirements align with the objective of the project. Prior to the meeting, the BA must ensure that the requirements are:
An organization is trying to streamline its current processes to improve performance and reduce costs. A business analyst (BA) conducted a process improvement workshop and identified the following issues as the top three items to be addressed:

Question 221

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Which of the following graphical presentations of a project plan is most appropriate for presenting to upper management?

A.
Pie chart
A.
Pie chart
Answers
B.
Pareto Chat
B.
Pareto Chat
Answers
C.
Critical Path Method
C.
Critical Path Method
Answers
D.
Scatter chart
D.
Scatter chart
Answers
Suggested answer: C
asked 18/09/2024
AshokBabu Kumili
43 questions

Question 222

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Which of the following diagrams is used to display sensitivity analysis data?

A.
Decision tree
A.
Decision tree
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B.
Ishikawa
B.
Ishikawa
Answers
C.
Influence
C.
Influence
Answers
D.
Tornado
D.
Tornado
Answers
Suggested answer: D
asked 18/09/2024
Loyston Mathias
41 questions

Question 223

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Which of the following is a visual decomposition of the project scope?

A.
Budgeted Cost of Work Scheduled (BCWS)
A.
Budgeted Cost of Work Scheduled (BCWS)
Answers
B.
Resource Breakdown Structure (RBS)
B.
Resource Breakdown Structure (RBS)
Answers
C.
product breakdown structure (PBS)
C.
product breakdown structure (PBS)
Answers
D.
Work Breakdown Structure (WBS)
D.
Work Breakdown Structure (WBS)
Answers
Suggested answer: D
asked 18/09/2024
Danish Vohra
38 questions

Question 224

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________ are timeless events that show progress in the project.

These are typically achieved at the end of phase in the project lifecycle.

A.
Achievements
A.
Achievements
Answers
B.
Millstones
B.
Millstones
Answers
C.
Phases
C.
Phases
Answers
D.
Templates
D.
Templates
Answers
Suggested answer: B
asked 18/09/2024
KOSSIBA LANTONKPODE
28 questions

Question 225

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Which of the following authorizes the project to exist within the organization?

A.
Project charter
A.
Project charter
Answers
B.
Project network diagram
B.
Project network diagram
Answers
C.
Project integration management
C.
Project integration management
Answers
D.
Project boundaries
D.
Project boundaries
Answers
Suggested answer: A
asked 18/09/2024
Ian Lloyd
36 questions

Question 226

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Which of the following tasks cannot start until other tasks are completed?

A.
Analysis task
A.
Analysis task
Answers
B.
Dependent task
B.
Dependent task
Answers
C.
Predecessor task
C.
Predecessor task
Answers
D.
Independent task
D.
Independent task
Answers
Suggested answer: B
asked 18/09/2024
M Kumar
40 questions

Question 227

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Which of the following roles approves the project scope statement, phase gate reviews, solution validations, scope changes, and project success criteria?

A.
Project manager
A.
Project manager
Answers
B.
Subject matter expert
B.
Subject matter expert
Answers
C.
Solution owner
C.
Solution owner
Answers
D.
Stakeholder
D.
Stakeholder
Answers
Suggested answer: C
asked 18/09/2024
DAVID STAATZ
40 questions

Question 228

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Which of the following processes includes tasks and roles, risk categories, schedules for risk management activities, definitions of probability and impact, and the stakeholders' tolerances?

A.
Risk management plan
A.
Risk management plan
Answers
B.
Risk register
B.
Risk register
Answers
C.
Risk analysis
C.
Risk analysis
Answers
D.
Risk response plan
D.
Risk response plan
Answers
Suggested answer: A
asked 18/09/2024
Martynas Abrutis
39 questions

Question 229

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Which of the following is the process of identifying and assessing factors that may jeopardize the success of a project or the achievement of a goal?

A.
Risk analysis
A.
Risk analysis
Answers
B.
Risk identification
B.
Risk identification
Answers
C.
Risk retention
C.
Risk retention
Answers
D.
Risk communication
D.
Risk communication
Answers
Suggested answer: A
asked 18/09/2024
Dylan Johnson
42 questions

Question 230

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As a milestone is reached, the project is funded for enough capital to reach the next milestone. This approach is called _________.

A.
Step funding
A.
Step funding
Answers
B.
Phase funding
B.
Phase funding
Answers
C.
Stakeholders funding
C.
Stakeholders funding
Answers
D.
Milestone funding
D.
Milestone funding
Answers
Suggested answer: A
asked 18/09/2024
HW Yan
45 questions
Total 498 questions
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