Strategy Analysis (6 & 7) 5% 24% Flashcards
What are the tasks in the strategy Analysis knowledge area?
Analyze Current state
Define future state
Assess risk
Define change strategy
Which of the tasks in the Strategy Analysis knowledge area perform a gap Analysis?
Define change strategy
What are the inputs to the strategy Analysis knowledge area?
Needs Influences (internal ; external) Stakeholder engagement approach Elicitation results (unconfirmed) Elicitation results (confirmed) Designs (prioritized) Requirements (prioritized)
What are the outputs of the strategy Analysis knowledge area?
Current state description Business requirements Business objectives Future state description Potential value Risk Analysis results Change strategy Solution scope
What is the purpose of the analyze current state process?
To understand the reasons why an Enterprise needs to change some aspect of how it operates and what would be directly or indirectly affected by the change
True or false
An organization’s current state is always static?
False
What are the inputs to the analyse current state task?
Needs Elicitation results (confirmed)
What are the outputs to the Analyze current state task?
Current state description
Business requirements
What are the Guidelines and tools used for the analyze current state task?
BA approach Enterprise limitation Organizational strategy Solution limitation Solution performance goals Solution performance measures Stakeholder Analysis results
Which tasks use the Current state description?
Plan stakeholder engagement Plan Business Analysis governance Define future state Assess risks Define change strategy Analyze potential value and recommend solution Asses Enterprise limitations Recommend actions to increase solution value
Tasks uses the Business requirements
Define future state
What are the elements of the Analyze current state task?
Business needs Organizational structure and culture Capabilities and processes Technology and infrastructure Policies Business architecture Internal assets External influencers
What are the external influences that can Impact the current state of an organization?
Industry structure Competitors Customers Suppliers Political and regulatory environment Technology Macroeconomic factors
What are the techniques used in the Analyze current state task?
Benchmarking and market analysis Business capabilities Analysis Business model canvas Business case, focus group Concept modelling, interviews Data mining, item tracking Document Analysis, lesson learned Financial analysis, mind mapping Functional decomposition, kpis Observation, organizational modeling Process Analysis, process modeling Risk Analysis and management Root cause Analysis Scope modeling Survey and questionnaire SWOT analysis Vendor assessment Workshops
Who are the stakeholders in the the Analyze current state task?
Customers, end user Domain subject matter expert Implementation subject matter expert Organizational support, sponsor Project manager, suppliers Regulator, tester
What is the purpose of the define future state task?
To determine the set of necessary conditions to meet the business need
What is the input to the future state task?
Business requirements
What are the outputs to the define future state task?
Business objectives
Future state description
Potential value
What are the Guidelines and tools used in the define future state task?
Constraints
Current state description
Metrics and KPIs
Organizational strategy
What are the elements of the define future state task?
Business goals and objectives Scope of solution space Constraints Organizational structure and culture Capabilities and processes Technology and infrastructure Policies Business architecture Internal assets Identify assumptions Potential value
What are the techniques used in the define future state task?
Acceptance and evaluation criteria Balanced score card Benchmarking and market analysis Brainstorming Business capability Analysis Business case Business model canvas Decision Analysis Decision modeling Financial analysis Functional decomposition Interviews Lesson learned Metrics and KPIs Mind mapping Organizational mapping Process modeling Prototyping Scope modeling Survey and questionnaire SWOT analysis Vendor assessment Workshops
Who are the stakeholders in the define future state task?
Customers, domain subject matter expert, end user, implementation subject matter expert, operational support, project manager, regulator, sponsor, supplier, tester
True or false
Assessing the risks includes analyzing and managing them.
True
True or false
A collection of risk is used as an input for selecting or coordinating a change strategy
True
What are the inputs to the assess risk task?
Business objectives Elicitation results (confirmed) Influences Potential value Requirements (prioritized)
What is the output of the Assess risk task?
Risk Analysis results
What tasks use the risk Analysis results?
Manage stakeholder collaboration Define change strategy Analyze potential value and recommend solution Analyze performance measures Assess solution limitations Assess Enterprise limitations
What are the elements of the assess risk task
Unknown Constraints, assumptions and dependencies Negative impact value Risk tolerance Recommendations
What techniques are used in the assess risk task?
Brainstorming, business case, decision Analysis, financial analysis, interviews, lessons learned, mind mapping, risk Analysis and management, root cause Analysis, survey and questionnaire, workshops
Who are the stakeholders in the assess risk task?
Domain subject matter expert Implementation subject matter expert Operational support Project manager Regulator Sponsor Tester
What is the purpose of the Define change strategy task?
To develop and assess alternative approaches to the change, and then select the recommended approach.
What are the inputs to the Define change Strategy process?
Current state description
Future state description
Risk Analysis results
Stakeholder engagement approach
What guidelines and tools are used in the Define change strategy task?
Business Analysis approach
Design options
Solution recommendation
What are the outputs to the Define Change Strategy task?
Change strategy
Solution scope
What are the elements of the Design change strategy task?
Solution scope Gap Analysis Enterprise readiness assessment Change strategy Transition states and release planning
What are the techniques used in the Define change Strategy task?
Balanced scorecard, benchmarking and market analysis, brainstorming, business capability Analysis, business case, business model canvas, decision Analysis, estimation, financial analysis, focus groups, functional decomposition, interviews, lesson learned, mind mapping, organizational modeling, process modeling, scope modeling, SWOT analysis, vendor assessment, workshops
Which of these statement is NOT true regarding strategy ?
It is about reaching a desired goal.
The context in which the strategy works is irrelevant
Its is about defining the future.
Strategy can be at the enterprise level, SBU level, division or department.
The context in which the strategy works is irrelevant
Where can you find the corporate strategy captured ?
The Meta models
The organization charts
The state diagrams
Product vision and business case.
Product vision and business case.
The starting point of strategic analysis is
In Understanding the enterprise strategy maps
In Understanding the project plan
In Understanding the enterprise strategy docuement
In understanding why the change is required.
In understanding why the change is required.
What is /are the output from the task analyse current state ?
Current state description and business requirements
Project plan and approved budget
Current analysis and GAP document
Future state description and business plans
Current state description and business requirements
Which of these techniques is used in the task define future state ?
Focus groups
Balanced score card
Root cause analysis
Domain models
Balanced score card
What is the core purpose of the task assess risk analysis ?
To take insurance for major risks .
To understand the undesirable the consequenses of internal and external forces .
To take no risks on matter that affect the enterprise.
To make a fool proof plan so that nothing fails
To understand the undesirable the consequenses of internal and external forces .
What is the output from the task assess risk ?
Business case
Risk analysis results
Project risk plan
Risk mitigation plan
Risk analysis results
Which of these statements regarding statements regarding risk is TRUE ?
Insurance covers all risk factors
Risk can be positive or negative
Business should avoid risk at all cost
Risk needs to be avoided
Risk can be positive or negative
Risk is expressed as
Cost X risk
Economic value added X Impact
Revenue X Risk scale
Probablity X Impact
Probablity X Impact
Which of the statements is NOT TRUE regarding the task - Define change strategy ?
Help organizations identify alternate change strategies.
Help organization realize value after after the solution is deployed.
Make a risk managent place for the organization.
Enable the organization to develop and assess alternative approaches
Make a risk managent place for the organization.
Which of these is NOT an input for the task define change strategy ?
Business objectives
Stakeholder engagement approach
Risk analysis results .
Future state description
Business objectives
Which of these best explains GAP analysis ?
The difference between the current state and the future state capablities.
The cost advantage ( ROI) between the pre project and post project metrics .
The difference between the technology capablities before and after the project .
The difference the process before and after the start of the project.
The difference between the current state and the future state capablities
What is /are an output for the task define change strategy ?
Change requests and Domain models
Project risk plan and Risk register.
Change Strategy and Solution scope.
Organizational readiness assessment.
Change Strategy and Solution scope.
Which of these techniques is used in the -Task define change strategy ?
Interface analysis
Balanced score card.
Item tracking
Observation
Balanced score card.
What are the tasks of the Requirements Analysis and Design Definition knowledge area?
Specify and model requirements Verify requirements Validate requirements Define requirements architecture Define solution options Analyze potential value and recommend solution
What are the inputs to the Requirements Analysis and design definition knowledge area?
Requirements Information management approach Elicitation results Potential value Solution scope Change strategy
List the tasks to be performed in the Requirements Analysis and Design Definition knowledge area
Specify and model requirements Verify requirements Validate requirements Define requirements architecture Define design options Analyze potential value and recommend solution
What are the outputs to the requirements Analysis and design definition knowledge area?
Requirements (specified and modelled) Requirements (verified) Requirements (validated) Requirements architecture Design options Solution recommendation
What is the purpose of the specify and model requirements task?
To analyze, synthesize and refine elicitation results into requirements.
What are the inputs to the specify and model requirements task?
Elicitation results
What is the output to the specify and model requirements tasks?
Requirements (specified and modelled)
What are the Guidelines and tools of the specify and model requirements task?
Modeling notation/standards Modeling tools Requirements Architecture Requirements life cycle management tools Solution scope
What tasks use the output from the specify and model requirements task?
Verify requirements
Validate requirements
What are the elements of the specify and model requirements task?
Model requirements
Analyze requirements
Represent requirements and attributes
Implement the appropriate levels of abstraction
What are the techniques used in the specify and model requirements task?
Acceptance and evaluation criteria, business capability Analysis, business model canvas, business rules Analysis, concept modelling, data dictionary, data flow diagrams, data modeling, decision modeling, functional decomposition, glossary, interface Analysis, non functional requirements Analysis, organizational modeling, process modeling, prototyping, roles and permission matrix. Root cause Analysis, scope modeling, sequence diagrams, stakeholders list/maps or personas, state modeling, use cases and scenarios, user stories
What is the input to the verify requirements task?
Requirements (specified and modelled)
What guidelines and tool is used in the verify requirements task?
Requirements life cycle management tools
What is the output to the verify requirements task?
Requirements (verified)
What are the elements of the verify requirements task?
Characteristics of requirements and design quality
Verification activities
Checklist
What are some of the acceptable quality requirements characteristics?
Atomic Complete Consistent Concise Feasible Unambiguous Testable Prioritized Understandable
True or false
All stakeholders could be involved in the requirements (verified) task
True
What is the purpose of the Define requirements architecture task?
To ensure that the requirements collectively support one another to fully achieve the objectives
What are the inputs to the Define requirements architecture task?
Information management approach
Requirements (any state)
Solution scope
What guidelines and tools are used in the Define requirements architecture task?
Architecture management software
Legal/regulatory information
Methodologies and framework
What are the elements of the Define requirements architecture task?
Requirements viewpoints and views
Template architectures
Completeness
Relate and verify requirements relationships
Business Analysis information architecture
What are the techniques used in the Define design options task?
Data modeling Functional decomposition Interviews Organizational modeling Scope modeling Workshops
What is the purpose of the Analyze Potential Value and Recommend solution task?
Estimate the potential value for each design option and to establish which one is most appropriate to meet the enterprises’s requirements
What are the inputs to the Analyze Potential value and recommend solution task?
Potential value
Design options
What are the Guidelines and tools used in the Analyze Potential value and recommend solution task?
Business objectives Current state description Future state description Risk Analysis results Solution scope
What are the output to the Analyze Potential value and recommend solution task?
Solution recommendation
What task uses the output to the Analyze Potential value and recommend solution task?
Define change Strategy
What are the elements to the Analyze Potential value and recommend solution task?
Expected benefits
Expected costs
Determine value
Assess design options and recommend solution
What are the techniques used in the Analyze Potential value and recommend solution task?
Acceptance and evaluation criteria, backlog management, brainstorming, business case, business model canvas, decision Analysis, estimation, financial analysis, focus groups, interviews, metrics and KPIs, risk Analysis and management, survey or questionnaire, SWOT analysis, workshops
Who are the stakeholders of the Analyze Potential value and recommend solution task?
Customer Domain subject matter expert End user Implementation subject matter expert Project manager Regulator Sponsor
