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ISEB Foundation Certificate in Business Analysis Sample Questions:
1. Which of the following is a perceived advantage of using workshops to investigate requirements?
A) It obtains buy-in and acceptance for the project,
B) It reduces speed and productivity of the project.
C) It is time-consuming to arrange and organise.
D) It focuses on a narrow view of the area under investigation.
2. "The system should allow a user to enter customer details and select appropriate customers for a mailshot". What is wrong with this requirement?
A) It should not contain the word "system" in the requirement.
B) It should be specific about the user it refers to.
C) It contains the word "should" which must not be used in a requirement.
D) It consists of two requirements which should be separately defined.
3. What type of model is a 'Business Activity Model' (BAM)?
A) Physical
B) Dynamic
C) Conceptual
D) Logical
4. Which of the following BEST describes the term value proposition?
A) The value that a product or service offers to customers.
B) The net present value of a proposed project.
C) The value of the Internal Rate of Return of a project.
D) The proposed value of benefits in a cost-benefit analysis.
5. Which of the following statements is TRUE?
A) The IRR of every project is based on it achieving a Net Present Value of zero.
B) When comparing two projects, the one with the lower NPV should be preferred.
C) Discounted cash flows do not usually take into account the time value of money.
D) It is preferable for the calculated IRR of a project to be below bank interest rates,
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |

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