The business analyst (BA) is preparing to determine the impact of various risks associated with the business analysis effort currently underway.
Which of the following would the BA use as an input into the assessment of risk?
The business analyst (BA) is preparing to determine the impact of various risks associated with the business analysis effort currently underway.
Which of the following would the BA use as an input into the assessment of risk?
The correct input for assessing the risk in the business analysis effort is the list of prioritized requirements. Prioritized requirements provide insight into what is critical for the solution and help identify the associated risks. Depending on their priority, requirements will influence the risks that need to be defined and understood as part of the solution realization process.
ANS is C BABOK V-3 6.3.3 Assess Risks – Inputs pg.120 • Business Objectives: describing the desired direction needed to achieve the future state can be used to identify and discuss potential risks. • Elicitation Results (confirmed): an understanding of what the various stakeholders perceive as risks to the realization of the desired future state.• Influences: factors inside of the enterprise (internal) and factors outside of the enterprise (external) which will impact the realization of the desired future state. • Potential Value: describing the value to be realized by implementing the proposed future state provides a benchmark against which risks can be assessed. • Requirements (prioritized): depending on their priority, requirements will influence the risks to be defined and understood as part of solution realization.
ans-B Page -120 BABOK
Its C on the same Page
Also correct, but potential value (B) come first, as requirements will only influence the risks to be defined. Potential value will describe the solutions including all the risks that can be assessed
Yes, Correct answer is B. The potential value of the solution is an input of the risks assessment which is an input of a change strategy
Answer is C: One of the inputs of "Assess Risks" task of Strategy Analysis KA.
Requirements (prioritized): depending on their priority, requirements will influence the risks to be defined and understood as part of solution realization.
As per BABOK V3, the business analyst (BA) would use several inputs to assess the risk associated with the business analysis effort. However, among the options provided, the most relevant input would be "D. Unconfirmed results of elicitation activities." Unconfirmed results of elicitation activities can include any preliminary findings, observations, or assumptions made during the requirements gathering process. These results can help the BA identify potential risks associated with the business analysis effort, such as incomplete or inaccurate requirements, stakeholder conflicts, or misaligned expectations. While options A, B, and C are all important inputs for the business analysis effort, they may not be directly related to the assessment of risk. For instance, a defined change strategy can help guide the BA's activities, but it may not provide insight into potential risks. Similarly, the analysis of potential value and prioritized requirements can help the BA determine the solution's viability, but they may not necessarily identify risks associated with the business analysis effort.
Its C B is not correct as Potential value describing the value to be realized by implementing the proposed future state provides a benchmark against which risks can be assessed. Its not a value of recommended solution
C: Because requirements (prioritized) is an input. B. Analysis of the potential value of the recommended solution is not an option since the process is underway and potential value is not realized yet
The question is about assessing the risk so answer is B. Potential Value: describing the value to be realised by implementing the proposed future state provides a benchmark against which risk can be assessed. (6.3.3)
On a second thought the answer is "C". Analysis of Potential Value and Recommend Solution is a Task (7.6)
How come nobody mentioned option A as the answer. Business Objectives: describing the desired direction needed to achieve the future state can be used to identify and discuss potential risks. Isn't this same as the defined change strategy?
Considering the context, option D, the unconfirmed results of elicitation activities, seems to be the most relevant input for assessing risks associated with the business analysis effort. BABOK v3 highlights the importance of assessing risks throughout the business analysis process. Assessing risks helps identify potential obstacles, uncertainties, and challenges that may impact project success. By considering unconfirmed results of elicitation activities as an input for risk assessment, business analysts can proactively identify and mitigate risks, improving the chances of project success.
As per BABOK v3 section 6.3.3, Prioritized requirements is correct.