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Exam CBAP topic 1 question 166 discussion

Actual exam question from IIBA's CBAP
Question #: 166
Topic #: 1
[All CBAP Questions]

Bob and Susan are business analysts for their organization. They are examining two materials that could be used in an upcoming project. They are testing the materials and measuring the results of each test to compare the materials to each other. This process will help Bob and Susan determine which material is best for their upcoming project.
What type of process are Bob and Susan completing with these materials?

  • A. Feasibility study
  • B. Stress test
  • C. Alternative identification
  • D. Benchmarking
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Suggested Answer: D 🗳️

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km_45
Highly Voted 2 years, 7 months ago
I don't understand, how this is Benchmarking. It looks like feasibility study to me: An evaluation of proposed alternatives to determine if they are technically, organizationally, and economically possible within the constraints of the enterprise, and whether they will deliver the desired benefits to the enterprise.
upvoted 13 times
BirdCatcher
2 years, 4 months ago
This is rather about a comparison of the two materials and determining which one is best. Benchmarking is a comparison.
upvoted 5 times
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binu801
2 years, 2 months ago
Benchmarking is essentially a comparison against an established standards or best in the class. as none of the other options are closer, Benchmarking is the nearest to the correct answer.
upvoted 2 times
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KEN_ELELEGWU
Most Recent 1 month, 2 weeks ago
Selected Answer: D
Benchmarking can be done within a single organization or across multiple organizations. The key aspect of benchmarking is the comparison process itself, which can involve comparing different options, materials, processes, or performance metrics. For example, you can benchmark: - Internal benchmarks: Comparing different departments, processes, or products within your own organization to identify best practices and areas for improvement. - Competitive benchmarks: Comparing your organization’s performance or processes against direct competitors to understand your relative position in the industry. - Industry benchmarks: Comparing your organization against best-in-class organizations within the same industry to learn from industry leaders. - Functional benchmarks: Comparing similar functions or processes across different industries to find innovative practices that can be adopted.
upvoted 1 times
KEN_ELELEGWU
1 month, 2 weeks ago
In the case of Bob and Susan, they are comparing two materials within their organization, which is a form of internal benchmarking. This helps them determine which material performs better for their specific needs. Benchmarking is a versatile tool that can be applied in various contexts to drive improvements and innovation.
upvoted 1 times
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Dillon91
7 months, 2 weeks ago
A. Comparing alternatives. Not standards
upvoted 1 times
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timojeaga
2 years, 1 month ago
Benchmarcking is correct. Both are comparison tools but in this case they are comparing materials side by side.
upvoted 2 times
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