CBAP · Question #76
Holly is the business analyst for her organization. Management has asked Holly to create a document that will define solution alternatives and how each identified solution may provide an expected busi
The correct answer is A. Feasibility study. A feasibility study evaluates solution alternatives, identifies expected business benefits for each, and supports findings with quantitative data and statistics - matching exactly what management asked Holly to produce.
Question
Holly is the business analyst for her organization. Management has asked Holly to create a document that will define solution alternatives and how each identified solution may provide an expected business benefit to meet the identified business need. Management has asked Holly to provide data and statistics in this document to support her claims and findings. What type of document is management asking Holly to create?
Options
- AFeasibility study
- BVision statement
- CProject scope statement
- DCurrent state assessment
How the community answered
(28 responses)- A86% (24)
- B4% (1)
- C7% (2)
- D4% (1)
Why each option
A feasibility study evaluates solution alternatives, identifies expected business benefits for each, and supports findings with quantitative data and statistics - matching exactly what management asked Holly to produce.
A feasibility study is a formal document that defines multiple solution alternatives, analyzes how each alternative can deliver expected business benefits to address an identified need, and substantiates conclusions with quantitative data and statistics, satisfying all three requirements described in the scenario.
A vision statement describes the desired future state or high-level goal of a project and does not compare solution alternatives or include supporting data and statistics.
A project scope statement defines what work is included in and excluded from a project, and does not compare solution alternatives with business benefit analysis.
A current state assessment documents existing processes and conditions as they stand today, and does not evaluate future solution alternatives or quantify expected business benefits.
Concept tested: Purpose and content of a business analysis feasibility study
Source: https://www.pmi.org/learning/library/feasibility-study-project-management-7114
Topics
Community Discussion
No community discussion yet for this question.