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CCBA · Question #545
CCBA Question #545: Real Exam Question with Answer & Explanation
The correct answer is C. Timing. Thetiming of performance measuresis critical becausemarket conditions and economic trends evolve over time. The BABOK® Guide (Chapter 7.6 - Define Performance Measures)states that KPIs must betimely and relevantto thecurrent business environmentto provide meaningful
Question
A deployed loan product was funded with the expectation of prepayment risk reduction. Initially, key performance indicators (KPIs) would be to take similar loan prepayment rates over the previous 10-year period and compare them with the new product. After implementation, the business analyst (BA) finds that the decade-old housing market is vastly different. Which of the following should the BA consider for validity of performance measures?
Options
- ASample size
- BFrequency
- CTiming
- DCurrency
Explanation
Thetiming of performance measuresis critical becausemarket conditions and economic trends evolve over time. The BABOK® Guide (Chapter 7.6 - Define Performance Measures)states that KPIs must betimely and relevantto thecurrent business environmentto provide meaningful
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