IIBA
CBAP · Question #346
CBAP Question #346: Real Exam Question with Answer & Explanation
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Question
A business analyst (BA) at a regional bank has recently been assigned to assist on a project to expand into new markets. The chief executive officer (CEO) envisions the bank as a national brand and has asked the chief financial officer (CFO) to monitor project progress closely. The project manager (PM) has asked the BAs on the team to recommend an appropriate business analysis approach. Based on the nature of the project and the industry, which approach should they recommend?
Options
- AAn unstructured approach utilizing informal team interaction, model-driven documentation
- BAn agile approach with frequent team interaction, adaptive documentation standards, and iterative
- CA moderate approach utilizing the bank's existing waterfall project lifecycle and documentation
- DA formal approach with planned team interaction, agreed upon documentation deliverables
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