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BCS Exam BAPv5 Topic 1 Question 29 Discussion

Actual exam question for BCS's BAPv5 exam
Question #: 29
Topic #: 1
[All BAPv5 Questions]

A Business Analyst and a project Manager are producing a business case for an initiative, which aims to improve the cyber defense of a large financial services provider.

They met recently to review progress, and made the following notes for the next draft:

The benefits of cyber will be describes in quantitative terms, so we will need to describe these

Qualitatively.

We need to make it clear that we have fully explored the solution market, and we have considered a range of approaches to meeting the objectives of this project.

The threat posed to the organization from cyber attack, and therefore the justification for the project, needs to be clearly articulated.

Which of the following sets of elements of a business case will cover ALL of these points?

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Suggested Answer: A

A business case is a formal written proposal that details the costs and benefits of a proposed business change or solution. It helps to justify and secure the approval and funding for a proposed business change or solution. A business case typically consists of several elements, such as description of the current situation, analysis of costs and benefits, options considered, recommendations, impact assessment, risk assessment etc. Therefore, option A is the correct answer, as it identifies which set of elements of a business case will cover all of these points respectively. Description of the current situation is an element that describes the problem or opportunity that exists in the current state and the need or rationale for a change or solution. It helps to explain what is wrong or missing in the current state and what are the objectives and outcomes of a change or solution. This element will cover the point that the threat posed to the organisation from cyber attack, and therefore the justification for the project, needs to be clearly articulated. Analysis of costs and benefits is an element that evaluates the financial and non-financial impacts of a proposed change or solution. It helps to compare and contrast the costs and benefits of different options or solutions and determine their feasibility and desirability. This element will cover the point that the benefits of cyber will be described in quantitative terms, so we will need to describe these qualitatively. Options considered is an element that identifies and describes the alternative ways of addressing a problem or opportunity. It helps to explore and analyse the pros and cons of different options or solutions and select the best one based on criteria and evidence. This element will cover the point that we need to make it clear that we have fully explored the solution market, and we have considered a range of approaches to meeting the objectives of this project. Option B is not a correct answer, as it does not identify which set of elements of a business case will cover all of these points respectively. Impact assessment is an element that assesses the effects or consequences of a proposed change or solution on people, processes, organisation and technology. It helps to identify who or what will be affected by a proposed change or solution and how they will be affected. This element will not cover any of these points. Recommendations is an element that proposes and justifies the preferred option or solution for addressing a problem or opportunity. It helps to persuade and convince decision makers or influencers to approve and fund a proposed change or solution. This element will not cover any of these points. Option C is not a correct answer, as it does not identify which set of elements of a business case will cover all of these points respectively. Recommendations is an element that proposes and justifies the preferred option or solution for addressing a problem or opportunity. It helps to persuade and convince decision makers or influencers to approve and fund a proposed change or solution. This element will not cover any of these points. Risk assessment is an element that identifies and evaluates the uncertainties or threats that may affect a proposed change or solution. It helps to estimate the likelihood and impact of risks and plan how to avoid or mitigate them. This element will not cover any of these points. Option D is not a correct answer, as it does not identify which set of elements of a business case will cover all of these points respectively. Description of the current situation is an element that describes the problem or opportunity that exists in the current state and the need or rationale for a change or solution. It helps to explain what is wrong or missing in the current state and what are the objectives and outcomes of a change or solution. This element will cover the point that the threat posed to the organisation from cyber attack, and therefore the justification for the project, needs to be clearly articulated. Impact assessment is an element that assesses the effects or consequences of a proposed change or solution on people, processes, organisation and technology. It helps to identify who or what will be affected by a proposed change or solution and how they will be affected. This element will not cover any of these points. Risk assessment is an element that identifies and evaluates the uncertainties or threats that may affect a proposed change or solution. It helps to estimate the likelihood and impact of risks and plan how to avoid or mitigate them. This element will not cover any of these points.


Contribute your Thoughts:

Dulce
1 months ago
I'm leaning towards option A. It covers the current situation, the analysis of costs and benefits, and the options considered. Seems like a well-rounded approach to me.
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Page
2 months ago
Haha, I bet the project manager is just hoping the business analyst remembers to include the 'quantitative' part when describing the cyber benefits. Otherwise, it's just all fluff and no substance!
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Bulah
14 days ago
B: And we must clearly articulate the threat posed by cyber attacks to justify the project.
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Matilda
16 days ago
A: Exactly, we also need to show that we have explored the solution market thoroughly.
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Cornell
18 days ago
B: Yes, we can then describe them qualitatively to provide a well-rounded view.
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Lizette
19 days ago
A: We need to make sure we describe the benefits of cyber in quantitative terms.
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Christiane
2 months ago
I'm not sure about option D. Shouldn't we also consider the analysis of costs and benefits? That seems like a crucial element of a business case.
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Shakira
2 months ago
I think option D covers all the points mentioned in the notes. Describing the current situation, assessing the impact, and identifying the risks seems like a comprehensive approach.
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Rosio
22 days ago
Let's make sure to include all these elements in the next draft to strengthen our business case.
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Sheldon
27 days ago
Yes, describing the current situation, assessing the impact, and identifying risks are crucial for a comprehensive analysis.
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Julie
1 months ago
I agree, option D seems to cover all the necessary points for the business case.
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Douglass
2 months ago
Yes, it includes description of current situation, analysis of costs and benefits, and options considered.
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Shala
2 months ago
I agree. It covers all the points we need to address.
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Douglass
2 months ago
I think we should go with option A.
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