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Certified Business Analysis Professional (CBAP) · IIBA
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Henry has: A fixed budget ($450,000) A full list of requirements Started removing some requirements to stay within budget This is the definition of the Selective approach to timeboxing/budgeting. Selective Approach Explained With Selective, you: Fix time and/or budget Prioritize requirements Include the highest-value items Remove lower-priority items to fit constraints
The approach Henry is using is C. Selective. In this scenario, Henry is prioritizing and selectively removing requirements to meet the predetermined budget. This means he's carefully selecting the features or components that stay within the budget, which is characteristic of a selective timeboxing or budgeting approach. He's not taking a "blanket" or "all-in" approach but rather removing specific requirements to make sure the project stays within the allocated budget of $450,000. Here's a breakdown of why the other options don't apply: A. Parametric: This method involves using historical data or models to estimate costs, but Henry is manually adjusting requirements based on the budget. B. All in: This approach would involve trying to include everything initially, but Henry is focusing on what can stay in the budget. D. All out: This would mean eliminating everything that doesn’t fit the budget, which doesn’t align with Henry’s selective removal process. So, Selective is the best fit.
Can someone please suggest if all the questions here are valid?