A company is in the middle of a large-scale project. Safety concerns have been brought up by several stakeholders, and this has led to numerous proposed changes. The business analyst (BA) must now assess the impact that making these changes will have on the project. When assessing the impact of safety concerns, which of the following should be considered?
Correct answer:
D
When assessing the impact of safety concerns, the BA should consider the cost/benefit analysis of making the changes. This technique involves comparing the costs and benefits of different options to determine the optimal solution that maximizes the value and minimizes the negative consequences. The BA should consider the costs and benefits of the changes from various perspectives, such as financial, operational, social, environmental, and ethical. The BA should also consider the trade-offs and opportunity costs of the changes, as well as the risks and uncertainties involved. The cost/benefit analysis can help the BA to prioritize the changes, communicate the rationale, and justify the recommendations.Reference:
CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, Chapter 7: Solution Evaluation, Section 7.3: Assess Proposed Solution, p. 315-316
A Guide to the Business Analysis Body of Knowledge (BABOK Guide), Version 3, Chapter 10: Solution Evaluation, Section 10.3: Assess Enterprise Limitations, p. 277-278
A Guide to the Business Analysis Body of Knowledge (BABOK Guide), Version 3, Chapter 10: Solution Evaluation, Section 10.4: Recommend Actions to Increase Solution Value, p. 279-280