PMI-PBA Exam Dumps : PMI Professional in Business Analysis

Requirements baseline is a document that contains the approved version of the requirements that serves as a reference point for further changes. Requirements baseline can help the business analyst to address the issue of underestimating the required budget and schedule by defining the scope, value, quality, risk, and feasibility of each requirement. Requirements baseline can also help to negotiate the scope in the contract with the customer by showing how each requirement aligns with their needs and expectations, and proposing possible trade-offs or alternatives. References: = PMI Professional in Business Analysis (PMI-PBA)® Examination Content Outline (2019), page 10; Business Analysis for Practitioners: A Practice Guide (2015), page 40.

A decision tree is a tool that can be used to analyze how the system responds to various combinations of input conditions with the probability of each outcome. A decision tree is a graphical representation of a decision problem that shows the possible choices and their consequences. A decision tree can help to evaluate the expected value of each alternative and choose the optimal one. Functional decomposition is a tool that can be used to break down a complex system or process into smaller and simpler components. Expected monetary value is a tool that can be used to calculate the average outcome of a decision under uncertainty by multiplying the value of each outcome by its probability and summing them up. Weighted criteria is a tool that can be used to prioritize requirements or alternatives based on their importance and performance scores. References: PMI Professional in Business Analysis (PMI-PBA)® Examination Content Outline1, page 15; Business Analysis for Practitioners: A Practice Guide2, page 95.

 One of the first steps of a project is to identify the stakeholders and their interests. Stakeholders are the individuals or groups who have an interest or influence in the project or its outcome. Identifying the stakeholders and their interests helps to understand their needs, expectations, roles, responsibilities, and communication preferences. It also helps to manage their involvement and engagement throughout the project life cycle, and to address any potential conflicts or issues that may arise. The other options are not the first steps of a project. Identifying the classes of users and their requirements is part of the requirements elicitation process, which occurs after the project initiation phase. Aligning the sponsor expectations along the project goals is part of the project charter development, which is also done after the project initiation phase. Evaluating the sources for requirements and prioritizing them is part of the requirements analysis process, which occurs after the requirements elicitation process. References: PMI-PBA® Examination Content Outline, page 10; PMI-PBA® Reference List, page 1, BABOK® Guide v3, page 50; 3.