Online Access Free CBAP Practice Test

Which of the following is the formal acceptance of the project?

• A.A sign-off
• B.Inspection trend analysis
• C.A project review
• D.Risk assessment

Which of the following directs the improvement efforts to those areas that will have the biggest impact?

• A.Pareto diagram
• B.Flowchart
• C.Gantt chart
• D.User Documentation

A financial institution engaged in mortgage lending has embarked on a business process improvement initiative to eliminate the activities that hinder growth to ultimately improve the success rate of its mortgage business. As a benchmark for identification, the institution is keen on improving any business process that has less than a 75% success rate. The institution has appointed a business analyst (BA) to review the business transactions for the processes of origination, payments, and closures, as well as identify opportunities for improvements and recommend solutions.
The BA has collected the following information over the last three months pertaining to these business processes:
*All the business processes are at their maximum capacity in terms of the current number of transactions.
*Each business process has a certain number of rejects and the reasons for rejection include documentation, verification, collateral, and funding. Funding rejects occur when the bank's customers have failed to make payment of their mortgage processing fee or mortgage closure payment.
The BA has also recommended the use of documentation checklists as a solution to eliminate the documentation rejects.

Which of the following business processes can be identified for the process improvement initiative?

• A.Mortgage closure process
• B.Mortgage origination process
• C.Mortgage payment process
• D.Collateral verification process

Management has asked you, a business analyst for your organization, to create the solution scope for an identified problem. In order to complete this task, you'll need three elements.
All of the following are elements you'll need in order to write the solution scope except for which one?

• A.Work breakdown structure
• B.Solution scope definition
• C.Dependencies
• D.Implementation approach

A business analyst (BA) is defining the decision-making process for changes raised during a project and wants to understand the decision making authorities within the company.
What might the BA do to gather this information?

• A.Survey
• B.Market analysis
• C.Cost benefit analysis
• D.Focus group