CBAP Exam Dumps : Certified Business Analysis Professional

 Option B is both unambiguous and testable because it provides a specific color code (HEX #0000FF) that can be easily identified, verified, and tested. It leaves no room for interpretation or ambiguity, unlike the other options. A specific HEX code ensures that the exact shade of blue is understood and can be implemented consistently across different displays or prints. References: The answer is verified as per the Business Analysis Professional (CBAP) Learning documents or resources available on IIBA’s official website. Some of the relevant sources are:

A Guide to the Business Analysis Body of Knowledge® (BABOK® Guide)

Business Analysis Competency Model

Business Analysis for Practitioners: A Practice Guide

Key performance indicators (KPIs) are a technique that involves defining and measuring specific, quantifiable, and relevant indicators of the performance and progress of a program, project, or solution. KPIs can help to validate the desired outcomes by:

Comparing the actual results of the solution against the expected or target results, such as the increase in sales and customer retention

Evaluating the effectiveness and efficiency of the solution in achieving the business objectives and meeting the stakeholder needs

Identifying the strengths and weaknesses of the solution and the areas for improvement or optimization

Communicating and reporting the performance and value of the solution to the stakeholders and the decision-makers

Some examples of KPIs that could be used to validate the desired outcomes of the restructured pricing model are:

Sales growth rate: The percentage change in sales over a given period of time

Customer retention rate: The percentage of customers who remain loyal to the company over a given period of time

Customer lifetime value: The net profit generated by a customer over the duration of their relationship with the company

Customer satisfaction score: The degree to which customers are satisfied with the company’s products, services, and interactions

References:

[BABOK Guide v3], Section 7.5: Validate Solution, p. 186-187

CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Chapter 5: Solution Assessment and Validation, p. 211-212

Certified Business Analysis Professional™ (CBAP®) Specialization, Course 4: Business Analysis: Solution Evaluation, Week 2: Solution Performance Assessment, Video: Solution Performance Metrics

Key Performance Indicators (KPIs) - Definition, Types & Examples, Blog Post, June 2023

A business case is a document that clearly identifies the reasoning for initiating a project to justify the resources required. It is written to justify the resources required for the project (money or effort) and align the project objectives to the business needs. It also includes the costs, benefits, and risks of the proposed solution, and compares it with alternative options1. A business case is an important input for the project initiation and approval process, as it helps the decision makers to assess the value and feasibility of the project2.

To write a business case, you need four main inputs: feasibility study, assumptions and constraints, business need, and solution options3. A feasibility study is an analysis that evaluates the technical, economic, social, and environmental aspects of the project, and determines whether it is viable and worth pursuing4. Assumptions and constraints are factors that affect the project scope, cost, schedule, and quality, and that need to be identified and documented in the business case. Assumptions are things that are believed to be true or certain, while constraints are things that limit or restrict the project5. Business need is the problem or opportunity that the project aims to address, and that aligns with the strategic goals and vision of the organization. Solution options are the different ways of solving the business need, and their respective costs, benefits, and risks.

Stakeholder concerns are not an input for writing a business case, but rather an output of stakeholder analysis. Stakeholder analysis is a process of identifying and prioritizing the people or groups who have an interest or influence in the project, and understanding their needs, expectations, and perspectives. Stakeholder concerns are the issues or challenges that the stakeholders face or anticipate in relation to the project, and that need to be addressed or resolved. Stakeholder concerns are important for defining the requirements, managing the communication, and ensuring the stakeholder satisfaction, but they are not directly used for writing the business case. References:

How to Write a Business Case (Template Included) - ProjectManager

How to Write a Business Case | Smartsheet

Business Case Examples, explained in simple language - Chase Consulting

Feasibility Study: Definition, Methods, and Examples

Project Assumptions and Constraints: Examples and Differences

[Business Need - IIBA®]

[Solution Options - IIBA®]

[Stakeholder Analysis: Overview, Tools and Techniques - KnowledgeHut]

[Stakeholder Concerns - IIBA®]