Ace Your CCBA Certification of Capability in Business Analysis Exam

Risk-averse means having a low tolerance for risk and preferring to avoid uncertainty or potential losses. This describes the company’s attitude toward risk, as they do not want to experiment with new flavors that might affect their sales. Risk-neutral means being indifferent to risk and basing decisions on expected outcomes. Risk-optimizing means having a high tolerance for risk and seeking opportunities for reward. Risk-soaking means being willing to accept losses or negative consequences of risk. References: BABOK Guide v3, page 12; CCBA Mock Test, question 10

The BA should store the requirements package on a secure shared drive that has access control and encryption to protect the sensitive information from unauthorized access or modification. This will ensure that the requirements are available for future reference and can be traced to the solution. Printing the requirements package and distributing it to stakeholders in person may compromise the confidentiality and integrity of the information. Archiving the requirements package in the business analysis portal may not provide adequate security measures for sensitive information. Sending the requirements package to stakeholder in a password protected email may expose the information to interception or hacking. References: [A Guide to the Business Analysis Body of Knowledge® (BABOK® Guide)], Chapter 3: Business Analysis Planning and Monitoring, Section 3.6: Plan Requirements Management Process, Task 3.6.2: Define Requirements Change Process, Page 58. [Business Analysis for Practitioners: A Practice Guide], Chapter 3: Requirements Elicitation and Analysis, Section 3.7: Requirements Traceability, Page 66.

 To ensure a shared understanding of requirements, the BA must determine the format to present the requirements to the SMEs attending the workshop. The format of presenting requirements refers to how the requirements are expressed and communicated to different stakeholders. The format can be textual, graphical, tabular, or a combination of these3. The BA should choose a format that is appropriate for the type, level, and complexity of the requirements, as well as the preferences and expectations of the SMEs. The format should also facilitate feedback, validation, and verification of the requirements. References: 3: BABOK Guide v3, Section 4.5

The BA can find out which stakeholder has the authority to approve, deny, or defer the change request from the governance approach. The governance approach defines how decisions are made regarding business analysis activities and deliverables. It specifies who are involved in making decisions, what are their roles and responsibilities, what are the criteria and processes for decision making, and how decisions are communicated and documented. The governance approach can help to identify which stakeholder has decision-making authority over change requests. References: : BABOK Guide v3, Section 2.4