You are the business analyst for your organization and are working on prioritizing the project requirements.
Management has asked you to prioritize the requirements based on the cost-benefit analysis for the requirements' value to the organization.
What basis for prioritization are you using in this instance?
Correct Answer: A
Explanation
Business value is a basis for prioritizing requirements that considers the benefits and costs of each requirement to the organization. It helps to identify the most valuable requirements that can deliver the highest return on investment. Business value can be measured in terms of revenue, cost savings, customer satisfaction, market share, competitive advantage, or other criteria that are relevant to the organization's goals and objectives. References:
Certified Business Analysis Professional (CBAP) Handbook, page 6, section 4. Review the Exam Blueprint, Table 4.1: BABOK Guide Knowledge Areas and Tasks BABOK Guide v3, page 33, section 4.2 Prioritize Requirements Tips for Earning a Business Analysis Certification, section 3. Leverage a variety of study resources