Certified Business Analysis Professional (CBAP) — Question 317

You are the business analyst for your organization and are working on prioritizing the project requirements. Management has asked you to prioritize the requirements based on the cost-benefit analysis for the requirements' value to the organization.
What basis for prioritization are you using in this instance?

Answer options

Correct answer: A

Explanation

The correct answer is A, Business value, as prioritizing based on cost-benefit analysis directly relates to the value these requirements bring to the organization. Options B, C, and D focus on different aspects of project management and do not specifically address the financial evaluation needed for this prioritization task.