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IIBA Exam CBAP Topic 3 Question 89 Discussion

Actual exam question for IIBA's CBAP exam
Question #: 89
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?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Dalene at May 29, 2024, 08:39 PM

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Yvette
9 months ago
Interesting. I wonder if the insurance company has any specific requirements that could sway the decision one way or the other. Licensing and implementation costs are important, but there might be other factors to consider.
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Jill
8 months ago
Vendor C might have the highest implementation costs, but they could offer additional features that are worth the investment.
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Portia
9 months ago
Vendor A has the lowest initial licensing cost, but Vendor B has the lowest predicted costs for renewing in Years 1 and 2.
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Wilbert
9 months ago
Haha, this reminds me of the time I had to negotiate a BI contract with a vendor. They tried to nickel and dime us on every little thing. Glad I'm not the one making this decision!
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Carmen
9 months ago
Hold on, I'm not so sure. Company A's implementation costs are a bit lower, but their licensing costs could add up over time. Gotta weigh that against the higher upfront costs of B and C.
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Xuan
8 months ago
In that case, it might be worth considering both companies B and C, as they may offer a better balance between implementation and licensing costs.
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Sarah
9 months ago
I agree, it's important to look at the bigger picture and consider the total cost of ownership over the first three years.
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Elli
9 months ago
True, Company A may have lower implementation costs, but we need to consider the long-term licensing costs as well.
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Jerry
9 months ago
Hmm, this looks like a tricky one. Based on the information provided, I think B and C might be the way to go. Both seem to fit the budget criteria.
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Leontine
9 months ago
Company A doesn't seem to fit the budget, so I would choose both companies B and C.
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Antonio
9 months ago
I think we should go with both companies B and C to meet the budget criteria.
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Miss
9 months ago
I agree, B and C seem to be within the budget limit.
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Salina
10 months ago
I agree with Jacquelyne. Both companies A and C seem to meet the criteria within the budget.
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Jacquelyne
10 months ago
I think the answer is D) Both companies A and C.
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