Expert answer:business analysis ( lesson 4)

  

Solved by verified expert:Class discussion on Chapter 5 (Requirements Life Cycle Management) in the BABOK.Your instructor will submit an actual requirement change to your project in class.As a group work through your change request process.If there are any missing items or additional clarification on the change, go back to the instructor.Contact your instructor using their official contact method.Be sure to find out (ask many questions) if this requirement is based on a need or a want.In your groups have a few members act as the Change Control Board to do the following:Assess the changeTrace the requirement to learn the impact on the overall solutionPrioritize the requirement among all the requirementsWhen prioritizing the requirement, be sure to include:CostRiskPenalty for not implementingBenefit for implementingAny dependencies to other requirementsTime sensitivityStability of the requirements Any compliance that needs to be metWork with the faculty member, as your stakeholder to get an understanding, agreement and approval of the requirement and the proposed design.Be sure to consider all stakeholders that will be affected by this change and include their approval in the proposed design.Before the end of the class, check with your faculty member for a change to your personal project.Submit the business case that the Change Control Board reviewed during class. Make sure it contains the following:Assessment of the changeTrace the requirement to understand the impact this change will have on the overall solutionPrioritize the requirement among all the requirementsWhen prioritizing the requirement be sure to include:CostRiskPenalty for not implementingBenefit for implementingAny dependencies to other requirementsTime sensitivityStability of the requirements Any compliance that needs to be met

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