CAPM · Question #337
What is one reason why stakeholders must be identified when performing business analysis?
The correct answer is B. To identify who should define the business requirements for the project. Stakeholder identification in business analysis is necessary to determine who has the authority and domain knowledge to define the business requirements the project must satisfy.
Question
Options
- ATo allow the business analyst to determine the project budget
- BTo identify who should define the business requirements for the project
- CTo identify project time lines through business reviews
- DTo determine a cost-benefit analysis for the project
How the community answered
(27 responses)- B89% (24)
- C4% (1)
- D7% (2)
Why each option
Stakeholder identification in business analysis is necessary to determine who has the authority and domain knowledge to define the business requirements the project must satisfy.
Determining the project budget is a project management responsibility handled through cost estimation and planning processes, not a function of stakeholder identification.
Business requirements must come from the people who own or are affected by the business processes in question. Identifying stakeholders reveals who holds the relevant knowledge, authority, and accountability needed to articulate and validate those requirements, which is the foundation of any business analysis effort.
Project timelines are established through schedule management processes such as activity sequencing and duration estimating, not through business reviews.
A cost-benefit analysis is a separate feasibility activity performed during project initiation, not an outcome of identifying stakeholders.
Concept tested: Stakeholder identification purpose in business analysis
Source: https://www.pmi.org/pmbok-guide-standards/foundational/business-analysis
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