CBAP Exam Dumps : Certified Business Analysis Professional

Return on investment (ROI) is a measure of the profitability of an investment, calculated as the ratio of the net benefit to the total cost. The net benefit is the difference between the revenue and the cost. The total cost is the sum of the initial and ongoing costs. In this case, the ROI over the first 3 years can be computed as follows:

RevenueInitial costOngoing costTotal costNet benefitROI​=150,000×3=450,000=200,000=30,000×2=60,000=200,000+60,000=260,000=450,000−260,000=190,000=260,000190,000​×100%=73.08%​

Therefore, the projected ROI over the first 3 years is 73.08%, which is closest to option A. 44%. References: CBAP Handbook, CBAP Study Guide, Why should you be a CBAP in 2023

The HAZOP technique, which stands for Hazard and Operability Study, is a qualitative technique that involves a disciplined analysis of the event sequences that could transform a potential hazard into an accident. The HAZOP technique is a systematic and structured method of identifying and evaluating the possible deviations from the intended design, operation, or functionality of a system, process, or product. The HAZOP technique uses a set of guide words, such as no, more, less, as well as, part of, and reverse, to generate different scenarios of what could go wrong and why. The HAZOP technique helps to identify the causes, consequences, and safeguards of the deviations, and to recommend the appropriate actions or controls to prevent or mitigate the hazards12. A failure mode and effects criticality analysis (FMECA) is a qualitative technique that involves an extension of the failure mode and effects analysis (FMEA) by adding a criticality rating to each failure mode. A FMECA is a method of identifying and evaluating the potential failures of a system, process, or product, and their impacts on the performance, safety, or reliability of the system, process, or product. A FMECA helps to prioritize the failures based on their severity and frequency, and to determine the corrective actions or preventive measures to reduce or eliminate the failures13. A failure mode and effects analysis (FMEA) is a qualitative technique that involves a systematic analysis of the potential failures of a system, process, or product, and their effects on the performance, safety, or reliability of the system, process, or product. An FMEA is a method of identifying and evaluating the causes, modes, and consequences of the failures, and the existing or planned controls to detect or prevent the failures. An FMEA helps to improve the design, operation, or functionality of the system, process, or product, and to reduce the risk of failures14. A preliminary risk analysis (PRA) is a qualitative technique that involves a high-level assessment of the risks that may affect a project or a solution. A PRA is a method of identifying and evaluating the sources, events, and impacts of the risks, and the existing or planned responses to the risks. A PRA helps to determine the feasibility and viability of the project or the solution, and to establish the scope and objectives of the risk management process15. References:

CBAP® Handbook

HAZOP Technique - iiba.org

Failure Mode and Effects Criticality Analysis - iiba.org

Failure Mode and Effects Analysis - iiba.org

Preliminary Risk Analysis - iiba.org

Business rules analysis is a business analysis technique that involves identifying, analyzing, and documenting the rules that govern how an organization operates and makes decisions. Business rules analysis can help an organization to adapt to the change economy, new technologies, and an increase in competition by ensuring that the rules are aligned with the organizational goals and objectives, and that they are consistent, transparent, and flexible. Business rules analysis can also help to identify any gaps, conflicts, or redundancies in the existing rules, and to propose new or revised rules that can improve the organizational performance and efficiency. References: BABOK Guide v3, page 142; CBAP / CCBA Certified Business Analysis Study Guide, page 191.