IIBA Exam CBAP Topic 3 Question 102 Discussion

Actual exam question for IIBA's CBAP exam

Question #: 102
Topic #: 3

[All CBAP Questions]

An insurance company wants to implement a business intelligence solution to consolidate data from various different internal system to provide a better understanding of their customer base.

A business analysis (BA) is engaged to put together a tender (bid) to be sent to various business intelligence providers and implemention partners. Among other information the business analysis request the following:

* Licensing costs for year 0 based on needing 1 Central processing Unit (CPU) license

* Licensing costs for specific user types such as Report Creators Online Analytical Process (OLAO) user and Power users

* Predicted licensing costs for renewing in Years 1 and 2

* Full implementation costs

After reviewing the received vendor responses the project team shortlists the candidates to 3 and the BA structures the received information as follows:

The Insurance company has a maximum bucket of $310,000 for the entire to implementation and operation over the first three years. Which vendor or vendors meet that criteria?

ABoth companies B and C

BCompany B

CCompany A

DBoth companies A and C

Show Suggested Answer

Suggested Answer: C

by Carlee at Oct 20, 2024, 08:30 AM

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Myong

4 months ago

Hey, at least we don't have to worry about the 'Year 3 Licensing Costs' for Company A. That's one way to stay under budget!

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Valentine

3 months ago

I agree. We need to weigh all the options carefully to ensure we stay within the budget.

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Joni

3 months ago

Yes, but Company C might have higher licensing costs for specific user types. It's a tough decision to make.

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Stephane

3 months ago

That's a good point. Company B seems to have lower licensing costs for year 0, so that could be a factor to consider.

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Vanna

4 months ago

True, that's a relief. But we still need to consider the full implementation costs for Company A.

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Stephane

4 months ago

I agree, Company A is definitely the way to go to stay under budget.

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Daisy

4 months ago

Yeah, Company A is looking like the best choice for us.

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Alita

4 months ago

True, that's a relief. Company A seems like a good option.

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Annice

5 months ago

I agree with Vi, because the total cost for both companies A and C is within the maximum budget of $310,000.

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Venita

5 months ago

Hmm, looks like the project manager is trying to trick us. But I'm not falling for it! B and C are the clear winners here.

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Mozelle

4 months ago

Let's go with B and C, they seem to be the most suitable candidates within the budget.

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Terrilyn

4 months ago

I'm leaning towards both companies A and C, they seem to offer good value.

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Mozell

4 months ago

I think Company B is the most cost-effective option.

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Skye

4 months ago

I agree, B and C are the best choices for this project.

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Vi

5 months ago

I think the answer is D, both companies A and C.

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Sabrina

5 months ago

I agree, the numbers for B and C seem to fit the budget. A would be too expensive, and I'm not sure why D is an option since the costs for A and C don't add up to the max budget.

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Lorita

5 months ago

Based on the budget of $310,000, it looks like both Company B and Company C meet the criteria. The total costs for those two vendors are within the budget limit.

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