IIBA CBAP Exam With Confidence Using Practice Dumps

 The first step for the BA is to understand the current state of the service provider’s business operations and the root causes of the reduced profit margin. This will help the BA to identify the problems and opportunities for improvement, as well as to establish a baseline for measuring the effectiveness of the proposed solutions. The BA can use various techniques to conduct the current state analysis, such as document analysis, interviews, observation, surveys, and SWOT analysis. The other options are not the first step, as they are either focused on the future state or the solution, without understanding the current situation and the underlying needs. References:

• CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Chapter 3: Business Analysis Planning and Monitoring, Section 3.2: Plan Business Analysis Approach, p. 93-94
• A Guide to the Business Analysis Body of Knowledge® (BABOK® Guide), Version 3, Chapter 5: Strategy Analysis, Section 5.1: Analyze Current State, p. 106-109

A capabilities gap assessment is a process of identifying and analyzing the gaps between the current and desired capabilities of an organization. It helps to determine what new capabilities are needed to achieve the business goals and objectives, and to seize the business opportunities1. A business opportunity is the chance to take advantage of an occurrence in the market for business gain. It involves some kind of favourable condition that can be used to create and implement ideas and innovations, solve problems, and maximize profits2.

If an organization does not have the necessary resources and technology to seize a business opportunity, the most likely course of action is to launch a new project. A project is a temporary endeavor undertaken to create a unique product, service, or result3. By launching a new project, the organization can allocate the required resources and technology, define the project scope, schedule, and budget, and deliver the desired outcome. A new project can also help the organization to close the capabilities gap, improve its performance, and gain a competitive advantage in the market.

The other options are less likely or not feasible. Hiring additional resources or contractors may not be enough to close the capabilities gap, as they may not have the relevant skills, knowledge, or experience. Moreover, hiring may incur additional costs and risks for the organization. Moving onto the next opportunity may not be a wise decision, as it may result in losing a valuable chance to grow the business and satisfy the customer needs. Therefore, launching a new project is the best course of action for the organization. References:

• Capabilities Based Assessment (CBA) - AcqNotes
• What Is Business Opportunity? – Importance, Types … - Feedough
• Project Management Basics: What Is a Project? | PMI

 A use case diagram is a technique that helps to depict the interactions between a system and its actors using graphical symbols and relationships. A use case diagram shows the actors that are involved in the system, the use cases that represent the functions or services that the system provides, and the associations that indicate how the actors and use cases are related. A use case diagram can be used with a state diagram to verify that all functions are defined to work with entity “User” for the different roles, as it can help to identify the use cases that correspond to the states and transitions of the entity, and to ensure that the use cases are complete, consistent, and accurate. A sequence diagram is a technique that helps to represent the sequence and timing of the messages that are exchanged between the objects or components of a system. A sequence diagram shows the objects or components that participate in the interaction, the messages that are sent and received by the objects or components, and the time order of the messages. A sequence diagram can help to illustrate the dynamic behavior and logic of the system, but it does not show the interactions between the system and its actors. A functional diagram is a technique that helps to represent the functions or processes that are performed by a system or a solution using graphical symbols and relationships. A functional diagram shows the functions or processes that are relevant to the domain, the inputs and outputs of each function or process, and the decomposition and hierarchy of the functions or processes. A functional diagram can help to define and analyze the functional requirements, but it does not show the interactions between the system and its actors. A data flow diagram is a technique that helps to create a high-level overview of a business process by showing the movement and transformation of data between entities and processes. A data flow diagram uses graphical symbols and arrows to represent the sources and destinations of data, the processes that manipulate data, the data stores that store data, and the data flows that transfer data. A data flow diagram can help to understand and document the data logic and structure of the business process, but it does not show the interactions between the system and its actors. References: BABOK Guide v3, Chapter 10: Techniques, Section 10.50: Use Case Diagram, p. 564-566; Section 10.49: Sequence Diagram, p. 562-563; Section 10.22: Functional Decomposition, p. 528-529; Section 10.18: Data Flow Diagrams, p. 522-524.