Core concept model - Test 7

What does 'value' refer to in the context of BACCM?

• The size of something

• The weight of something

• The worth, importance, or usefulness of something to a stakeholder within a context

• The color of something

What is an example of tangible value?

• Indirectly measured gains

• Directly measurable returns

• Employee morale

• Company's reputation

What is the purpose of conducting performance analysis in Business Analysis Planning and Monitoring?

• To ensure stakeholders are happy

• To ensure business analysis activities continue to produce sufficient value for the stakeholders

• To increase costs for the stakeholders

• To decrease the importance of stakeholders

What is the role of collaboration in assessing the relative value of information provided through elicitation?

• To confirm and communicate the value of information

• To decrease the value of information

• To hide the value of information

• To ignore the value of information

What is the purpose of maintaining requirements for reuse in Requirements Life Cycle Management?

• By keeping them secret from stakeholders

• By not considering their value

• By discarding them after the current initiative

• By extending value beyond the current initiative

What is the purpose of examining the potential value of the solution in Strategy Analysis?

• To ignore the potential value

• To determine if a change is justified

• To decrease the potential value

• To hide the potential value

What is the role of Requirements Analysis and Design Definition in analyzing the potential value of the solution options?

• To increase the potential value

• To analyze and quantify the potential value of the solution options

• To hide the potential value

• To ignore the potential value

What is the purpose of Solution Evaluation?

• To ignore the potential value of the solution

• To hide the potential value of the solution

• To decrease the potential value of the solution

• To determine if the solution is delivering the potential value

What is an example of intangible value?

• Significant motivational component

• Indirectly measured gains

• Significant monetary component

• Directly measurable returns

How is value assessed in many cases?

• In absolute terms

• In relative terms

• In monetary terms

• In motivational terms