You are the business analyst for your organization and are to conduct stakeholder analysis.
Which of the following statements best describes the conduct stakeholder analysis task?
You are the business analyst for your organization and are to conduct stakeholder analysis.
Which of the following statements best describes the conduct stakeholder analysis task?
Conducting stakeholder analysis involves identifying the people who may be affected by a proposed initiative or who share a common business need. This task focuses on understanding individuals who have a stake in the initiative, ensuring their needs and concerns are addressed throughout the project lifecycle. While the term 'stakeholders' can broadly encompass organizations and lines of business, the essence of stakeholder analysis is centered on the people involved and affected.
The keyword here is ''Stakeholders''
Ans: B BABOK v3 pg 32 - 3.2.4.1 Perform stakeholder analysis is an element of Plan Stakeholder Engagement task.
"Stakeholder analysis: Identifying and analyzing the stakeholders who may be impacted by the change and assess their impact, participation, and needs throughout the business analysis activities." BABOK V3 pg 453
All other options focus on individual elements of the stakeholder (organisations, lines of business or people). Option B states stakeholders which encompasses all the individual elements
Stakeholder analysis involves identifying the stakeholders that may be affected by a proposed initiative or that share a common business need. Stakeholder analysis notes, considers, and analyzes the various characteristics of the identified stakeholders.