Exam CCBA topic 1 question 335 discussion

C. Define solution approaches

Why Other Options are Less Suitable: A. Review the project budget: While reviewing the budget is important, it doesn't directly address how to develop the report within the desired time frame and cost. It is more about understanding financial constraints rather than defining how to achieve the deliverable. B. Revise business requirements: Revising business requirements may be necessary if they are unclear or unachievable, but this step should come after determining possible solution approaches if the current requirements are already in place. D. Update the project schedule: Updating the schedule is a necessary part of project management, but it assumes that the solution approach has already been defined. Without a clear solution approach, updating the schedule may not be meaningful.

Define solution approaches: This involves identifying and evaluating various options for how the financial report can be developed and delivered. By exploring different approaches, the BA can determine the most efficient and effective way to meet the stakeholders' requirements while considering time and cost constraints. This step is critical for ensuring that the solution aligns with stakeholder expectations and project constraints.