CAPM - Business Analysis
Business Analysis correct answer Application of knowledge, skills, tools to determine problems
and opportunities, ID Business needs, manage req.. etc.
Requirements correct answer A condition or capability necessary to be present in produce to
satisfy a business need
4 Types of Product Requirements correct answer 1. Business
2. Stakeholder
3. Solution
4. Transition
Business Requirements correct answer higher level needs of the organization such as issues,
opportunities, etc..
Stakeholder Requirements correct answer Needs of Stakeholder, (individual, group, org, etc.)
that may impact or be affected by decision of portfolio, program, project
Solution Requirement correct answer Describes features, functions, characteristics of product
that will meet business and stakeholder requirements
Transition Requirement correct answer Temporary capabilities needed to transfer from current
to future state
Product Lifecycle correct answer Stages a product goes through from intro to withdrawal from
market
Business Value correct answer New quantifiable benefit derived from a business endeavor
