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Question 1/475
A popular department store chain wants to make computer upgrades as well as conduct a major remodeling effort to increase revenue to all their 100 stores over the next 2 years. The remodeling will occur in two phases. The two phases are required at each store and can be completed in any order, but each phase must be fully completed before the next phase can begin. Phase 1 will take approximately 32 weeks and will not require a store to be temporarily closed. Phase 2 will take approximately 20 weeks and will require a store to be temporarily closed.
In order to keep inventory level and total revenue for the department store chain at an operational level, 75% of the stores must remain open to the public at all times. Against the board of director's advice, the Chief Executive Officer (CEO) made a decision to start and complete the top 25 revenue-producing stores in the first year to get those stores remodeled and fully operational.
A business analyst (BA) has been brought in to help with planning the project and gathering requirements. Based on the CEO's executive decision, which risk tolerance attitude is the CEO exhibiting?
In order to keep inventory level and total revenue for the department store chain at an operational level, 75% of the stores must remain open to the public at all times. Against the board of director's advice, the Chief Executive Officer (CEO) made a decision to start and complete the top 25 revenue-producing stores in the first year to get those stores remodeled and fully operational.
A business analyst (BA) has been brought in to help with planning the project and gathering requirements. Based on the CEO's executive decision, which risk tolerance attitude is the CEO exhibiting?
Correct Answer: D
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- Q337. You have completed the requirements documentation and the stakeholders have signed off on ...
- Q338. You are the business analyst for your organization and you are preparing to elicit the req...
- Q339. Which of the following diagrams is used to display sensitivity analysis data?...
- Q340. Mary is observing Jeff complete several activities as part of her requirements elicitation...
- Q341. Which of the following is the process of defining and analyzing the dangers to individuals...
- Q342. Holly is the business analyst for her organization. Holly encourages teamwork and open com...
- Q343. Some of the requirements in the solution must be completed because of laws and regulations...
- Q344. A business analyst (BA) conducts a process analysis on the business analysis practices tha...
- Q345. Which of the following describes the actual users who interact with one another, a system,...
- Q346. An insurance company wants to increase sales by 15% and customer retention by 10% within 1...
- Q347. Gary is the business analyst for his organization and he is preparing a presentation about...
- Q348. During a requirements review, the implementation subject matter expert (SME) identified th...
- Q349. You are completing the prepare for elicitation process for an identified problem in your o...
- Q350. An organization is trying to streamline its current processes to improve performance and r...
- Q351. Robert is the business analyst for his organization and he's working with several stakehol...
- Q352. You are the business analyst for your organization. Management has asked that you create a...
- Q353. Which one of the following statements best describes requirements prioritization?...
- Q354. Ben is the business analyst for his organization. Ben is currently working on a solution t...
- Q355. You are the business analyst for your organization and are preparing to conduct stakeholde...
- Q356. You are the business analyst for your organization and are working with Virginia on the al...
- Q357. The business process model is also known as _________....
- Q358. A business analyst (BA) has just completed a number of elicitation activities and is prepa...
- Q359. The, an output of the define scope process, does document the process and criteria for acc...
- Q360. A health insurance provider undertakes enhancements to its mobile application platform and...
- Q361. Martha is observing Sarah complete several complex steps as part of her business analysis ...
- Q362. Which of the following describes solution evaluation knowledge area...
- Q363. A popular department store chain wants to make computer upgrades as well as conduct a majo...
- Q364. A business unit of a transnational manufacturer wants to implement a robust process for ad...
- Q365. Which of the following is NOT a component of flowchart?...
- Q366. Which of the following is a quality control chart to track trends in project execution?...
- Q367. A business analyst (BA) was tasked with eliciting requirements for a new product schedulin...
- Q368. An insurance company wants to increase sales by 15% and customer retention by 10% within 1...
- Q369. A busmen analyst (BA) is assigned a new project to improve a delivery process. Which of th...
- Q370. You are the business analyst for your organization and are preparing for the conduct elici...
- Q371. Company A has been engaged to provided solution software to Company B as part of a combine...
- Q372. Which of the following is concerned with determining whether the information used for risk...
- Q373. A software company has won a contract to implement its product for a client. As part of th...
- Q374. You are the business analyst for your organization and are working on a solution that will...
- Q375. A business analyst (BA) is facilitating a meeting between process owners to capture the bu...
- Q376. You are the business analyst for your organization and are training Tracy on business anal...
- Q377. Ned is the business analyst for the NHQ Company. He is working with Stan on completing the...
- Q378. Which of the following is concerned with determining whether the information used for risk...
- Q379. Which of the following displays the relative importance of the defects?...
- Q380. A business analyst (BA) was presenting requirements to all stakeholders, after having revi...
- Q381. The business analyst (BA) is not having great success scheduling stakeholder meetings. Sta...
- Q382. A sports wristwatch product manufacturer wants to add a blood sugar monitoring toolkit to ...
- Q383. A business analyst (BA) works for a financial institution that wants to acquire new system...
- Q384. Which one of the following is an example of a non-negotiable demand by a stakeholder durin...
- Q385. Which of the following statements best describes the purpose of the confirm elicitation re...
- Q386. You are creating the solution scope for an identified problem in your organization. You ar...
- Q387. You are the business analyst for your organization. Your current project is using a plan-d...
- Q388. Which of the following is a conversation between one or more speakers centering on one spe...
- Q389. Holly is the business analyst for her organization. Management has asked Holly to create a...
- Q390. The performance of the business analysis team has been reviewed by management to determine...
- Q391. Which of the following is the process of developing a document that formally authorizes a ...
- Q392. A health insurance provider undertakes enhancements to its mobile application platform and...
- Q393. During a retrospective, the project team agrees the way they organized the user stories du...
- Q394. Bob and Susan are business analysts for their organization. They are examining two materia...
- Q395. You are the business analyst for your organization. On your current project you'll be usin...
- Q396. When do change requests generally increase in a project?...
- Q397. What document defines the business needs, identifies key stakeholders, and describes the p...
- Q398. A national branch of a global company is struggling to improve business processes of its P...
- Q399. The requirements elicitation process requires that the business analyst and team prepare f...
- Q400. Your organization is using a plan-driven approach to business analysis. What must you do w...
- Q401. You are the business analyst for your organization and are working with Ralph who is also ...
- Q402. All of the following stakeholders participate in the prioritization of requirements except...
- Q403. Which of the following directs the improvement efforts to those areas that will have the b...
- Q404. Paul is the business analyst for his organization. He is examining a single solution to de...
- Q405. Which of the following processes includes tasks and roles, risk categories, schedules for ...
- Q406. You are the business analyst for your organization. Management has asked that you create a...
- Q407. What business analysis element tries to identify as many potential options as possible to ...
- Q408. What type of a business analysis approach focuses on the rapid delivery of business value ...
- Q409. You are the business analyst for your organization and are preparing for the conduct elici...
- Q410. A local manufacturer that serves about 1000 retail stores is experiencing a slow yet stead...
- Q411. Gina has been asked to provide decision analysis for her solution scope. Which one of the ...
- Q412. Which of the following is a method of displaying the timelines of all the various subtasks...
- Q413. Which of the following is the process of analyzing the areas of a project that are most af...
- Q414. You are the business analyst for your organization and are about to conduct requirements e...
- Q415. A business unit of a transnational manufacturer wants to implement a robust process for ad...
- Q416. An insurance company wants to increase sales by 15% and customer retention by 10% within 1...
- Q417. What type of interview is the most common as part of requirements elicitation?...
- Q418. Which of the following defines the deliverable the customer is expecting?...
- Q419. In a requirements elicitation effort, the business analyst (BA) needs to define boundaries...
- Q420. Herb is the business analyst for the HYY Organization. As Herb is completing the organize ...
- Q421. A business analyst (BA) has been given a defect during user acceptance testing. After anal...
- Q422. A financial institution engaged in mortgage lending has embarked on a business process imp...
- Q423. You organization needs to adapt to the change economy, new technologies, and an increase i...
- Q424. What part of defining the business needs process will evaluate the ends that the organizat...
- Q425. When do change requests generally increase in a project?...
- Q426. A company wants to launch an existing product in another channel and the business analyst ...
- Q427. You are the business analyst for your organization and management has asked that you ident...
- Q428. Your organization is using a plan-driven approach to business analysis. What characteristi...
- Q429. A health insurance provider undertakes enhancements to its mobile application platform and...
- Q430. Which of the following is the comparison of planned project results with actual project re...
- Q431. Which of the following terms is used to describe a major deliverable or key even in the pr...
- Q432. An insurance company wants to increase sales by 15% and customer retention by 10% within 1...
- Q433. When an organization is using a change-driven approach to business analysis, how are commu...
- Q434. An organization has a procedure for receiving requests from its customers: investigating e...
- Q435. Martha is observing Sarah complete several complex steps as part of her business analysis ...
- Q436. The , an output of the define scope process, does document the process and criteria for ac...
- Q437. A financial institution engaged in mortgage lending has embarked on a business process imp...
- Q438. (Exhibit) The table illustrates the statement of cash flows for a courier company for the ...
- Q439. A financial institution engaged in mortgage lending has embarked on a business process imp...
- Q440. A business analyst (BA) was presenting requirements to all stakeholders, after having revi...
- Q441. A local manufacturer that serves about 1000 retail stores is experiencing a slow yet stead...
- Q442. A business analyst (BA) has completed requirements elicitation and modeling on a project t...
- Q443. You are the business analyst for your organization and are about to conduct requirements e...
- Q444. Henry is the business analyst for the UUH Organization. Currently Henry is working on seve...
- Q445. Nancy has asked you to trace a particular requirement for her. What does 'to trace a requi...
- Q446. Which of the following diagrams is known as Ishikawa diagram?...
- Q447. You are the business analyst for your organization and are beginning the requirements anal...
- Q448. A very large insurer of General Liability and Property Damage insurance has an upward tren...
- Q449. You are the business analyst for your organization. As part of the requirements prioritiza...
- Q450. Henry is the business analyst for the UUH Organization. Currently Henry is working on seve...
- Q451. A company that specialized in manufacturing vending machines for books has been in busines...
- Q452. A software company has won a contract to implement its product for a client. As part of th...
- Q453. You are the business analyst for your organization. You are currently working with Susan o...
- Q454. Which of the following is concerned with determining whether the information used for risk...
- Q455. A business analyst (BA) is planning for an upcoming solution based on a signed contract wi...
- Q456. Which of the following describes the actual users who interact with one another, a system,...
- Q457. A national branch of a global company is struggling to improve business processes of its P...
- Q458. A company with a big information technology (IT) department has hired a lead business anal...
- Q459. Robert is the business analyst for his organization and he's working with several stakehol...
- Q460. Which solution scope technique can help the business analyst understand the scope of the w...
- Q461. In a risk assessment exercise of a software implementation program, the business analyst (...
- Q462. A financial institution engaged in mortgage lending has embarked on a business process imp...
- Q463. Which of the following techniques involves attempting to make and numerically determine th...
- Q464. You are the business analyst for your organization and are working with Jennifer to conduc...
- Q465. Before the start of a large, cross functional change effort, the team of Business analysts...
- Q466. You are creating a model for your requirements. Which model type categorizes and describes...
- Q467. Which of the following techniques is used to divide a project into controllable parts?...
- Q468. A large insurance company wants to buy a new claims processing system or upgrade one of it...
- Q469. You are the business analyst for your organization and are working with Jennifer to conduc...
- Q470. A business analyst (BA) has been writing requirements for a project that has several stake...
- Q471. Stakeholders have indicated concerns with the level of uncertainty they are willing to acc...
- Q472. You are currently working on creating the activity list for an initiative in your organiza...
- Q473. All of the following stakeholders participate in the prioritization of requirements except...
- Q474. A business analyst (BA) at a regional bank has recently been assigned to assist on a proje...
- Q475. Which of the following reports is generated whenever the project is slipping off the proje...
