Certified Business Analysis Professional (CBAP) — Question 292

Henry is the business analyst for his organization. Management has created a pre-determined budget of $450,000 for his solution. Henry has identified the project requirements but now wants to prioritize them based on timeboxing and budgeting. Henry examines the cost of the requirements and begins removing the requirements from the allowed list in order to meet the $450,000 budget.
What timeboxing or budgeting approach is Henry using?

Answer options

• A. Parametric
• B. All in
• C. Selective
• D. All out

Correct answer: C

Explanation

Henry is using the Selective approach, as he is actively removing requirements to stay within the set budget. The Parametric approach involves estimating costs based on historical data, which is not what he is doing. 'All in' would imply keeping all requirements without adjustments, and 'All out' would mean eliminating all requirements, which contradicts his goal of staying within the budget.