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| Section | Objectives |
|---|---|
| Business Analysis Practice | - Stakeholder Analysis and Management
|
>> BCS BAPv5 Reliable Exam Topics <<
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NEW QUESTION # 74
A project manager is discussing the activities on a Business Activity Model (BAM) with a group of Subject Matter Experts (SMEs). The SMEs confirm that the "review feedback" activity is triggered in the event that targets are not met, and on a quarterly basis when a report is automatically generated. The "update supplier list" activity is triggered when the supplier signs a contract.
How many of each type of business events are listed?
Answer: C
Explanation:
Business events (triggers) initiate business activities, and the guidance defines three types: external, internal, and time-based. External events originate from outside the organisation or business system; internal events originate within the business system (often as a result of managerial decisions); and time-based events occur at predetermined times (e.g., periodic schedules).
In the scenario, "targets are not met" is an internal business event because it arises from performance management within the business system-targets and performance monitoring are internal management concerns, and the "trigger" is the organisation's own recognition that performance is below expectation (an internally generated condition).
"On a quarterly basis when a report is automatically generated" is a time-based business event because it is explicitly scheduled (quarterly) and happens due to time passing rather than an external party's action. Time-based events commonly drive periodic reporting and review cycles.
"When the supplier signs a contract" is an external business event because the supplier is outside the organisation's business system; the triggering action (contract signing) is performed by an external party, even though it leads to internal administrative work such as updating supplier records.
So there are 1 internal, 1 time-based, and 1 external event: option C.
NEW QUESTION # 75
The business case for project XCON has been signed off and money has been allocated. The business analyst on the project wants to understand who the stakeholders are. how much authority they have, and how much involvement they want in the project so that a stakeholder management plan can be created.
Which technique SHOULD the business analyst use to gain this understanding?
Answer: D
Explanation:
Explanation
A Power / Interest Grid is a technique for analysing and managing stakeholders based on their level of power and interest in an organisation or project. It helps to identify who are the key stakeholders and how they should be engaged and communicated with. Therefore, option B is the correct answer, as a Power / Interest Grid would help the business analyst to gain an understanding of who the stakeholders are, how much authority they have, and how much involvement they want in the project so that a stakeholder management plan can be created. A Power / Interest Grid would help to classify stakeholders into four categories based on their level of power and interest: high power, high interest; high power, low interest; low power, high interest; low power, low interest. A Power / Interest Grid would help to determine different stakeholder management strategies for each category: active and constant management; keep satisfied; keep informed; watch. Option A is not a correct answer, as CATWOE is not a technique for analysing and managing stakeholders based on their level of power and interest. CATWOE is a technique for exploring stakeholder business perspectives by identifying six elements: Customer, Actor, Transformation, Worldview, Owner and Environment. It helps to understand how different stakeholders perceive a business situation or problem and what they expect from a solution.
Option C is not a correct answer, as RACI chart is not a technique for analysing and managing stakeholders based on their level of power and interest. RACI chart is a technique for defining roles and responsibilities of stakeholders in relation to tasks or activities within an organisation or project. It helps to identify who are Responsible, Accountable, Consulted or Informed for each task or activity. Option D is not a correct answer, as resource audit is not a technique for analysing and managing stakeholders based on their level of power and interest. Resource audit is a technique for identifying and evaluating the resources that an organisation has or needs to achieve its objectives. It helps to assess the availability and quality of an organisation's resources, such as human, physical, financial and intangible resources.
References: BCS Practitioner Certificate in BAP Specimen, page 39.
NEW QUESTION # 76
Discounted Cash Flow takes into account the broader financial context. If interest rates are to increase, the project viability (costs to develop, ROI) might be negatively impacted. An IT Manager has been asked to prepare the business case for an investment in a new software system. They have been asked by the Project Manager whether they will be undertaking the investment appraisal using the Payback or Discounted Cash Flow method.
Which of the following factors would indicate that the Discounted Cash Flow method should be used?
Answer: D
Explanation:
The guidance distinguishes Payback and Discounted Cash Flow (DCF) by whether they account for the time value of money. Payback uses current values of incoming and outgoing cash flows and does not adjust for the declining value of money over time. DCF, by contrast, explicitly discounts future net cash flows back to today's value, producing measures such as Net Present Value (NPV).
A key practical reason to use DCF is when the discount rate (reflecting the cost of capital and prevailing financial conditions) matters. The documentation explains that management accountants determine the discount rate by studying factors including the likely movement of money-market interest rates in the coming years. If interest rates are expected to increase, the cost of capital and the opportunity cost of money can rise, making future cash inflows less valuable in today's terms and potentially reducing project attractiveness. DCF is designed to reflect exactly this broader financial context through discounting.
Option A ("cost of raising capital is nil") would reduce the importance of discounting rather than increase it. Option B is about the desired level of detail, not financial appropriateness. Option D ("deposits earning no interest") does not indicate rising rates or a need to adjust for changing time value; if anything, it suggests a lower opportunity cost at present. Therefore, the factor that indicates DCF should be used is C.
NEW QUESTION # 77
John has been working on a business case for opening up the overseas market to new products He has been asked to document the risks What SHOULD he do to ensure they are appropriately recorded? Select the TWO that apply
Answer: C,E
Explanation:
A risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. To ensure that risks are appropriately recorded, they should be documented in a consistent and structured way, such as using a RAID log (Risks, Assumptions, Issues and Dependencies). A RAID log should include information such as the risk description, impact, probability, source, owner, mitigation actions, status and date. Therefore, options B and C are essential for recording risks, as they help to identify where the risk originates from and who is responsible for managing it. Option A is not relevant to recording risks, as it is the name of the tool used to document them. Option D and E are not relevant to recording risks, as they relate to the countermeasures or actions taken to address them, not the risks themselves.
NEW QUESTION # 78
Imani has been asked to prepare a SWOT analysis for her company, which sells van insurance Her investigation has revealed that The company is a UK-based company which sells insurance in the UK and Ireland. The recent increase in home shopping has led to a corresponding increase in delivery drivers and vehicles across both markets However, the call centre, which serves both markets, has not been able to deal with the large influx of calls this has resulted in It is unclear whether in the longer term the call centre capacity needs to be expanded due to customers moving to digital channels and new regulatory hurdles, following Brexit. to trading in Ireland.
Which THREE of the following SHOULD be included in the SWOT analysis?
Answer: B,D,E
Explanation:
A SWOT analysis is a technique for identifying and evaluating the strengths, weaknesses, opportunities and threats that affect an organisation or project. It helps to assess the internal and external factors that influence the performance and potential of the organisation or project. Therefore, options A, B and C are correct answers, as they should be included in the SWOT analysis for the company that sells van insurance. They describe different types of factors that affect the company's situation and prospects. Option A describes an opportunity, which is a favourable or advantageous circumstance or situation that arises from the external environment and that can be exploited to achieve the objectives of the organisation or project. An example of an opportunity is the increase in home shopping, which has led to an increase in delivery drivers and vehicles across both markets. This creates a potential demand for van insurance that the company can cater to. Option B describes a weakness, which is a negative or unfavourable characteristic or situation that arises from the internal environment and that can hinder or prevent the achievement of the objectives of the organisation or project. An example of a weakness is the inability of the call centre to deal with the large influx of calls, which may result in poor customer service, dissatisfaction and loss of business. Option C describes a threat, which is a harmful or adverse circumstance or situation that arises from the external environment and that can endanger or damage the achievement of the objectives of the organisation or project. An example of a threat is the new regulatory hurdles following Brexit, which may affect the company's ability to trade in Ireland and reduce its market share and revenue. Option D is not a correct answer, as strength is not a factor that has been discovered in the investigation for the SWOT analysis. A strength is a positive or favourable characteristic or situation that arises from the internal environment and that can facilitate or enhance the achievement of the objectives of the organisation or project. Option E is not a correct answer, as technology is not a type of factor that can be included in a SWOT analysis. Technology is an aspect of the external environment that can affect an organisation or project positively or negatively, depending on how it is used or adapted to.
NEW QUESTION # 79
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