IIBA Certified Business Analysis Professional CBAP Question # 128 Topic 13 Discussion
CBAP Exam Topic 13 Question 128 Discussion:
Question #: 128
Topic #: 13
You are the business analyst for your organization and you are preparing the business case for a proposed solution. You need to include the management horizon in your business case.
What is the management horizon?
A.
It is the expected deliverables that will be beneficial for the organization.
B.
It is the point in time when the solution will be completed.
C.
It is the duration of each phase of the project until the solution earns a profit.
D.
It is the point in time for the solution to break even on cost and begin earning a profit.
The management horizon is the time period over which the costs and benefits of a proposed solution are evaluated. It is also the point in time when the net present value of the solution becomes positive, meaning that the solution has recovered its initial investment and started to generate a profit. The management horizon helps to determine the feasibility and viability of a solution, as well as its alignment with the strategic goals of the organization. References:
CBAP® Handbook, page 15, section 4.1.2.3
BABOK® Guide, page 32, section 3.2.3
How to Write a Business Case (Template Included), under Step 3: Calculate the Financials
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