Explanation:
A short-term iterative business analysis approach that prioritizes the quick delivery of business value is known as the "Change-driven" approach. In this approach, the focus is on delivering incremental changes or enhancements that bring immediate value to the organization and its stakeholders.
Explanation:
The function of the SME when determining the scope of the solution is best summed up as "Modeling the scope of the potential solutions." SMEs play a critical role in providing domain-specific knowledge and expertise.
Explanation:
The solution approach refers to the planned method or strategy for addressing a particular problem or meeting a specific objective.
Explanation:
By gathering and analyzing data from the business case, the project sponsor can make an informed go/no-go decision based on a comprehensive understanding of the project's potential benefits, costs, risks, and alignment with the organization's strategic priorities.
Explanation:
The solution approach, which outlines the high-level approach or strategy to address the problem or opportunity, is not typically included as an input to define business cases.
Explanation:
When evaluating how well an organization's current capabilities align with a specific business demand, documenting stakeholder concerns would not be directly involved in the analysis.
Explanation:
A specified business need can indeed assist a company in identifying opportunities to take advantage of and problems to be solved. When a business need is clearly identified and defined, it serves as a starting point for analyzing the current state of the organization and determining areas that require improvement or attention.
Explanation:
Purchasing SharePoint would not be a recommended practical solution when initiating a new business analysis project to improve a workflow process. While SharePoint is a powerful platform for collaboration and document management, it may not always be the most appropriate or cost-effective solution for every workflow optimization project.
Explanation:
Marvin utilized the technique of Scope Modeling to determine what is in-scope and what is out-of-scope. Scope modeling supports the process of scoping a project, allowing for effective planning, resource allocation, and management of project expectations.
Explanation:
In both knowledge areas, required capabilities provide insights into the skills, resources, and competencies needed to achieve the project objectives or strategic goals. Required capabilities are indeed an input into tasks in the Requirements Analysis and Strategy Analysis knowledge areas.
Explanation:
When Luna analyzes documents as a business analyst, tracing requirements may not be one of the subsequent processes that she carries out. While tracing requirements is an important activity in the business analysis process, it may not always be directly related to document analysis.
Explanation:
Comprehensive assessment helps in making an informed go/no go decision that aligns with the organization's strategic objectives and mitigates potential risks.
Explanation:
Competitiveness, although an important aspect for many organizations, is not a condition that needs to be met by a company's business goal. Competitiveness is more related to the company's positioning in the market and its ability to outperform competitors.
Explanation:
The stage of assessing the goal that the organization is attempting to achieve is an essential part of the business need defining process, and it falls within the "Business goal and objectives" stage.
Explanation:
In the Strategy Analysis knowledge area, business requirements are identified and defined. Business requirements capture the high-level needs and objectives of the organization.
Explanation:
The factor that is not directly related to risk assessment is "Will the stakeholders on the project work efficiently." While stakeholder efficiency and effectiveness are important for project success, they are typically addressed through stakeholder management and communication strategies rather than being part of the initial risk assessment.
