IIBA CCBA Exam With Confidence Using Practice Dumps

The scenario describes a task that involves purchasing a COTS product for a project. A COTS product is a ready-made software or hardware solution that can be acquired from a third-party vendor and integrated into the existing system. Purchasing a COTS product can introduce external risks, such as vendor reliability, compatibility issues, security breaches, or regulatory changes1. Therefore, the BA’s next course of action should be to assess external risks and determine their likelihood and impact on the project. Assessing external risks can help the BA to identify and mitigate potential threats and exploit opportunities for the project.

References: The answer and explanation are consistent with the CCBA® Handbook and the IIBA® website, which provide the details and best practices for the risk analysis and management technique as part of the business analysis process23. The CCBA® resources also describe the types and sources of risks that can affect a project, such as internal and external risks23.

According to the BABOK® Guide, performance measurement is a technique that helps to assess the effectiveness and efficiency of a solution or a solution component. Performance measurement helps to evaluate whether the solution is contributing to the desired value by comparing the actual results with the expected results. If the performance measures do not indicate whether or not the solution is contributing to the desired value, the recommended next step is to identify and collect more measurements that are relevant, reliable, and valid for the evaluation. This will help to provide a more comprehensive and accurate picture of the solution performance and value. References: BABOK® Guide, Version 3, Chapter 8: Solution Evaluation, Section 8.2: Analyze Performance Measures, Page 304; Chapter 10: Techniques, Section 10.32: Performance Measurement, Page 426.

 According to the BABOK® Guide, progressive elaboration is a project management approach that involves refining the requirements and project scope as more information becomes available and the level of uncertainty decreases. Progressive elaboration allows the project team to adapt to changing needs and priorities, and to deliver value incrementally. Progressive elaboration is often used in conjunction with iterative or change-driven approaches, but it is not the same as them. Therefore, option D is the correct answer. The other options are not project management approaches, but rather business analysis approaches that describe how the business analysis work is planned and performed. References: BABOK® Guide, page 24; Business Analysis Expert Certification, CCBA® | IIBA®, section “What Should I know to be CCBA Certified?”