IIBA CCBA Exam With Confidence Using Practice Dumps

According to the BABOK® Guide, performance measurement is a technique that helps to assess the effectiveness and efficiency of a solution or a solution component. Performance measurement helps to evaluate whether the solution is contributing to the desired value by comparing the actual results with the expected results. If the performance measures do not indicate whether or not the solution is contributing to the desired value, the recommended next step is to identify and collect more measurements that are relevant, reliable, and valid for the evaluation. This will help to provide a more comprehensive and accurate picture of the solution performance and value. References: BABOK® Guide, Version 3, Chapter 8: Solution Evaluation, Section 8.2: Analyze Performance Measures, Page 304; Chapter 10: Techniques, Section 10.32: Performance Measurement, Page 426.

According to the BABOK® Guide, opportunity cost is the value of the next best alternative that is forgone as a result of making a decision. In this case, the opportunity cost of choosing the second project for $565,000 is the value of the first project that is not chosen, which is $375,000. This means that the organization is giving up the potential benefit of $375,000 by selecting the second project over the first one. References: BABOK® Guide, page 32; Business Analysis Expert Certification, CCBA® | IIBA®, section “What Should I know to be CCBA Certified?”

MoSCoW prioritization is a technique that helps to classify requirements or user stories based on their relative importance and urgency. The acronym stands for Must have, Should have, Could have, and Won’t have. This technique enables the business analyst (BA) and the stakeholders to agree on the minimum viable product (MVP) and the order of delivery for the project scope. MoSCoW prioritization also supports incremental and iterative approaches, as it allows for frequent feedback and validation of the product value. References: BABOK® Guide, Version 3, Chapter 10, Section 10.46; Business Analysis Expert Certification, CCBA® | IIBA®, Section “What Should I know to be CCBA Certified?”