nerdexam
IIBA

CBAP · Question #497

A bank moves currency from the mam office to the tranches daily for operational use. To avoid paying overnight interest, the branch** return the currency at the end of the business day. The Bank…

The correct answer is D. Potential value and design options. To determine whether a customized standard solution or a fully bespoke solution is more appropriate, the BA must evaluate what each option could deliver and what design approaches are available. The required inputs are potential value and design options.

Requirements Analysis and Design Definition

Question

A bank moves currency from the mam office to the tranches daily for operational use. To avoid paying overnight interest, the branch** return the currency at the end of the business day. The Bank requires a new inventory management system to account for the whereabouts of the cash at all times A software provider has proposed a heavily customized version of their standard inventory management software. As the project progresses, the business analyst (BA) identifies a number of subtleties that would suggest a fully made to order solution may be a better option for the bank. What inputs does the BA need to perform the analysis?

Options

  • ARequirements and business policies
  • BNeeds and business analysis approach
  • CChange strategy and performance objectives
  • DPotential value and design options

How the community answered

(38 responses)
  • A
    3% (1)
  • B
    8% (3)
  • C
    18% (7)
  • D
    71% (27)

Why each option

To determine whether a customized standard solution or a fully bespoke solution is more appropriate, the BA must evaluate what each option could deliver and what design approaches are available. The required inputs are potential value and design options.

ARequirements and business policies

Requirements and business policies are inputs to elicitation and requirements analysis, not to the comparative evaluation of competing solution design alternatives.

BNeeds and business analysis approach

Needs and business analysis approach are established earlier in the project lifecycle and do not provide the specific data needed to compare one solution design against another.

CChange strategy and performance objectives

Change strategy and performance objectives inform the overall transformation plan but do not supply the granular information required to evaluate the trade-offs between specific solution design options.

DPotential value and design optionsCorrect

Potential value captures the expected benefits each solution alternative could deliver to the organization, while design options represent the available technical and functional approaches that could fulfill the bank's requirements. Together, these inputs directly support a comparison between the customized standard product and a made-to-order solution, as described in BABOK's Define Design Options and Assess Proposed Solution tasks. Without these two inputs, any recommendation for or against a fully custom solution would lack the analytical foundation needed to justify the decision.

Concept tested: Defining and assessing solution design options

Source: https://www.iiba.org/standards-and-resources/babok/

Topics

#design options#potential value#solution recommendation#custom vs COTS

Community Discussion

No community discussion yet for this question.

Full CBAP Practice