IIBA Exam CBAP Topic 3 Question 89 Discussion

Actual exam question for IIBA's CBAP exam

Question #: 89
Topic #: 3

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 Dalene at May 29, 2024, 08:39 PM

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Yvette

6 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

5 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

5 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

6 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

6 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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