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?
A.
Defined change strategy
B.
Analysis of potential value of the recommended solution
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.
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.
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)
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
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.
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?
Requirements (prioritized): depending on their priority, requirements will influence the risks to be defined and understood as part of solution realization.
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
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
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