TRAINING CBAP TOOLS - CBAP LATEST DUMPS QUESTIONS

Training CBAP Tools - CBAP Latest Dumps Questions

Training CBAP Tools - CBAP Latest Dumps Questions

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The CBAP certification exam is a comprehensive exam that tests a candidate's knowledge of business analysis concepts, tools, and techniques. CBAP exam consists of 120 multiple-choice questions that are based on the Business Analysis Body of Knowledge (BABOK) Guide. The BABOK Guide is a globally recognized standard for business analysis practices and provides a framework for the profession. CBAP exam covers six knowledge areas, including business analysis planning and monitoring, elicitation and collaboration, requirements life cycle management, strategy analysis, requirements analysis and design definition, and solution evaluation.

The Certified Business Analysis Professional (CBAP) exam is a certification offered by the International Institute of Business Analysis (IIBA). Cetified business analysis professional (CBAP) appliaction certification is intended for business analysts who have extensive experience in the field and are looking to advance their careers. The CBAP Exam Tests the knowledge and skills of business analysts across a range of topics, including business analysis planning and monitoring, elicitation and collaboration, requirements life cycle management, strategy analysis, and solution evaluation.

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IIBA Cetified business analysis professional (CBAP) appliaction Sample Questions (Q80-Q85):

NEW QUESTION # 80
A financial institution engaged in mortgage lending has embarked on a business process improvement initiative to eliminate the activities that hinder growth to ultimately improve the success rate of its mortgage business. As a benchmark for identification, the institution is keen on improving any business process that has less than a 75% success rate. The institution has appointed a business analyst (BA) to review the business transactions for the processes of origination, payments, and closures, as well as identify opportunities for improvements and recommend solutions.
The BA has collected the following information over the last three months pertaining to these business processes:
*All the business processes are at their maximum capacity in terms of the current number of transactions.
*Each business process has a certain number of rejects and the reasons for rejection include documentation, verification, collateral, and funding. Funding rejects occur when the bank's customers have failed to make payment of their mortgage processing fee or mortgage closure payment.
The BA has also recommended the use of documentation checklists as a solution to eliminate the documentation rejects.

If an additional recommendation to reduce Verification Rejects by 50% were to be introduced into the mortgage origination process, what is the potential success rate of the mortgage origination process?

  • A. 83%
  • B. 86%
  • C. 74%
  • D. 70%

Answer: C


NEW QUESTION # 81
You are working with Tom, a key stakeholder, in your business analysis duties. Tom is asking you about the desired outcome for current business opportunity. Which one of the following is NOT an example of a desired outcome?

  • A. Reduce time to deliver a product or service
  • B. Increase sales
  • C. Reduce costs
  • D. Implement new machinery to complete the work processes faster

Answer: D


NEW QUESTION # 82
Paul is the business analyst for his organization. He is examining a single solution to determine if the solution he and his team have identified carries enough business value to justify its implementation. What business analysis process is Paul performing in this scenario?

  • A. Assess organizational readiness
  • B. Assess proposed solution
  • C. Define transition requirements
  • D. Allocate requirements

Answer: B

Explanation:
Section: Volume A
Explanation/Reference:


NEW QUESTION # 83
A very large insurer of General Liability and Property Damage insurance has an upward trend of increased claims over the past 5 years.
The Risk Control Area for that company has just completed a 12 month Pilot of a new improved Risk Control Site.
The purpose of the site is to help their customers manage their exposures and ideally prevent them from having claims There were 100 customers that were part of the Pilot that represented
25 different industries. The business goals were to increase use of the site and provide tools to help customer awareness of their exposures, so that they may reduce existing exposures and ultimately reduce claims.
The sites Features were as follows:
* Improvements to the search engine to all customers to search for articles, tools and services on the site
* A checklist function that allow customer to create their own unique Checklists or utilize a sample provided by ABC company to use daily, weekly etc for an area of their facility.
* A promotion feature - where Risk preventing Articles, and tools on the site are marketed toward a customer.
* A profile section allowing for Customer Name, Address and contact Phone number.
After the 12 month pilot the business sponsor received an assessment of what was working and what was not. The Assessment of the pilot revealed overall site activity had significantly increased, however only 5% of the time the promotions were viewed. And the most shocking was that total claims increased by nearly 20% for these 100 customers during the pilot period. The business sponsor was perplexed as he had an expectation of reduced claims and at least for
30% viewing of promotions since the project team had spent a lot of careful time and effort on this feature. A BA was assigned to do further analysis regarding the low use of the promotions and why claims were not being reduced.
Regarding the use of promotions the BA looked into other similar companies to see what they did differently to get their customer to look at their promotions. The BA found that similar companies had promotions that targeted the industry the customer was in so it was more relevant to them and they were more interested to view the promotion. In addition the BA sent out a survey to all
100 pilot customers asking probing questions about what they thought of the site and if they felt it had decreased their exposure to risk sufficiently. The Survey responses came back with raving positive comments and providing examples of how the site had been helping in the reduction of claims from the customer's perspective. In addition the survey also revealed insight that the customers found the promotion often irrelevant to their industry.
The BA asked for a dump of all documentation of the 1000 claims that were filed over the 12 month pilot period. The BA found the nearly 90% of the claim filed were all in one region of the country and were all for property damage related to several severe winter storms in the region and the claims were nearly all unavoidable by the customers. The BA brought all this analysis back to the business sponsor and made the recommendation to the business sponsor to require the customer to select 1 of 25 industries in their profile. This would in turn allow for the ability to show industry specific promotions and promote search results relative to a customer's industry to be sorted at the top giving the customer a more personalized experience.
What technique led the BA to the source of the increase in claims?

  • A. Data mining
  • B. Survey
  • C. Document analysis
  • D. Decision modelling

Answer: A


NEW QUESTION # 84
Mark is the business analyst for his organization. Mark and his business analysis team have used the whiteboard to record the documentation as the result of requirements elicitation.
What must be done with this information if Mark uses a whiteboard?

  • A. The business analyst must document the white board information and get all participants' approval of the recording.
  • B. The scribe must include the white board information as part of the minutes.
  • C. The business analyst must transfer the information to another medium before the whiteboard is erased.
  • D. The regulator must approve the writings on the whiteboard.

Answer: C


NEW QUESTION # 85
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