Pearson CBAP New Attempt

Alternative generation is a business analysis element that tries to identify as many potential options as possible to meet the business objectives and fill identified gaps in capabilities. Alternative generation is part of the strategy analysis knowledge area, which involves defining the business need, assessing the current state, defining the future state, identifying solution options, and recommending a solution. Alternative generation helps to explore the possible ways to achieve the desired outcomes, and to evaluate the feasibility, viability, and suitability of each option. Alternative generation can use various techniques, such as brainstorming, benchmarking, market analysis, or SWOT analysis, to generate and compare different solution alternatives. References:

[A Guide to the Business Analysis Body of Knowledge (BABOK Guide)], version 3, page 100, section 5.41

[CBAP Certification Study Guide v3.0], Chapter 5: Strategy Analysis, Section 5.4: Identify Solution Options, page 5-152

What Is Business Analysis and Why Is It Important? - Indeed, paragraph 4

More CBAP Preparation Questions – The Functional BA, question 4

 A business analysis plan is a document that describes the scope of work, the deliverable Work Breakdown Structure (WBS), the activity list, and estimates for the business analysis activities. It also includes the business analysis approach, the roles and responsibilities of the business analyst and other stakeholders, the communication plan, the requirements management plan, the change management plan, and the risk management plan12. A business analysis plan is an important input for the business analysis execution and monitoring process, as it helps to guide and control the business analysis work, and to ensure that the business analysis deliverables meet the quality standards and stakeholder expectations3.

The other options are not correct. A project management plan is a document that describes how the project will be executed, monitored, and controlled. It covers the project scope, schedule, cost, quality, resources, communication, risk, procurement, and stakeholder management. An implementation plan is a document that describes how the solution will be deployed, transitioned, and integrated into the business operations. It covers the implementation strategy, schedule, resources, tasks, roles, responsibilities, risks, and issues. A requirements management plan is a document that describes how the requirements will be elicited, analyzed, documented, validated, verified, prioritized, traced, and maintained throughout the project lifecycle. It is a component of the business analysis plan, not a separate document. References:

Business Analysis Plan - IIBA®

Business Analysis Planning and Monitoring - IIBA®

Business Analysis Execution and Monitoring - IIBA®

[Project Management Plan - PMI]

[Implementation Plan - PMI]

[Requirements Management Plan - IIBA®]

 A regulator is not a stakeholder that is considered when completing the business analysis planning and monitoring task to determine a business analysis approach. A regulator is an external entity that imposes rules, standards, or guidelines that the organization and the solution must comply with. A regulator is not directly involved in the business analysis process, but rather in the governance and validation of the solution. Therefore, a regulator does not influence the choice of the business analysis approach, which is based on the characteristics and needs of the project and the organization.

The other options are stakeholders that are considered when completing the business analysis planning and monitoring task to determine a business analysis approach. A tester is a stakeholder who verifies and validates the quality and functionality of the solution. A project manager is a stakeholder who oversees and coordinates the project activities, resources, and deliverables. A functional manager is a stakeholder who manages a specific business function or department, such as finance, marketing, or human resources. These stakeholders have different roles, responsibilities, expectations, and interests in the business analysis process, and they may affect or be affected by the choice of the business analysis approach. References:

BABOK® Guide, p. 29, 32, 66

CBAP / CCBA Certified Business Analysis Study Guide, p. 45, 48, 133

Certified Business Analysis Professional™ (CBAP®) | Coursera, Course 1, Week 2, Video: “Business Analysis Planning and Monitoring”

A schedule variance report is a report that shows the difference between the planned and actual schedule of a project. It indicates whether the project is ahead of, on, or behind schedule, and by how much. It also identifies the causes of the schedule variance and the corrective actions needed to bring the project back on track. A status report is a report that provides an overview of the current state of the project, including the scope, schedule, cost, quality, risks, issues, and deliverables. A delay report is a report that documents the reasons for a delay in the project, the impact of the delay, and the mitigation strategies to minimize the delay. A cost variance report is a report that shows the difference between the planned and actual cost of a project. It indicates whether the project is under or over budget, and by how much. It also identifies the causes of the cost variance and the corrective actions needed to control the project cost. References: CBAP® Handbook, CBAP® Exam Prep Study Guide, Project Management Institute