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CBAP Exam - Question 67


What document defines the business needs, identifies key stakeholders, and describes the positive impact the solution will provide on the key stakeholders?

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Correct Answer: AD

The Project Charter is the document that defines the business needs, identifies key stakeholders, and describes the positive impact the solution will provide on the key stakeholders. It formally authorizes the existence of a project and provides a reference for the project's purpose, objectives, and stakeholders, aligning the project team with the business goals.

Discussion

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binu801Option: A
Jul 11, 2021

Project Charters describes all of these, why it is not the answer

CBAP_ExamOption: A
Dec 29, 2021

All the things listed in question are included in Project Charter not Vision Statement.

Dillon91Option: D
Nov 9, 2022

BABOK does not mention charter...thus I guess is Vision Statement

JustjemOption: A
Jul 16, 2021

Shouldn't this be project charter?

AnyUOption: D
Jan 29, 2022

Babok v2 pg 94

JustjemOption: A
Jul 27, 2021

This should be project charter, vision statement defines the Organizational goal

cc2104Option: C
Aug 18, 2021

Ans C. Solution scope It looks like smith mentioned in the babok v2, 5.4.7

NickManeOption: A
Aug 23, 2021

D is wrong, A seems closest

Dillon91Option: A
Apr 18, 2022

has to be Charter

SquibOption: A
Oct 27, 2022

This should be Project Charter

AtzewineOption: D
Mar 30, 2023

A problem or vision statement states the business need, identifies key stakeholders, and briefly describes the positive impact that meeting the business need will have on those stakeholders. (Babok V2 page 94). In Babok V3, it is Change strategy. The change strategy clearly describes the nature of the change in terms of: • context of the change, • identified alternative change strategies, • justification for why a particular change strategy is the best approach, • investment and resources required to work toward the future state, • how the enterprise will realize value after the solution is delivered, • key stakeholders in the change, and • transition states along the way.

xiaoyangwuOption: A
Sep 6, 2023

I prefer A

rmr29Option: B
Oct 12, 2023

Project Charter word does not exist in V3. You have to answer what BABoK Says and not real-life experience.

teehmamaOption: A
Nov 15, 2023

yes, project Charter is very close but we must answer According to the BABOK

RfcuencaOption: D
Jan 16, 2024

The solution is Vision Statement: Babok v2 page 94

Farooq_95Option: D
Apr 22, 2024

Vision Statement is correct as Vision Statement specifically focuses on articulating the business needs, identifying key stakeholders, and describing the positive impact or benefits that the solution will provide. It serves as a guiding document that aligns the project team and stakeholders toward a common understanding of the project's purpose and desired outcomes. Project Charter is not correct as it is a document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. (PMBOK v7). It is an approval document and not usually contain detailed information on project and its benefits. On the other hand, project vision statement, is a document that is a concise, high-level description of the project that states the purpose, and inspires the project team to contribute to the project. (PMBOK)