Vendor Assessment

Decision Analysis: talking about recommending suitable solution options

Vendor Assessment

C BABOK V3 7.5.6 Vendor Assessment: used to couple the assessment of a third-party solution with an assessment of the vendor to ensure that the solution is viable and all parties will be able to develop and maintain a healthy working relationship.

it says: "a new third-party sales tools", the answer is vendor assessment.

Vendor assessment is not correct because maybe they build it in-house, in this case no vendor can be assessed.

Ans. C BABOK V.3 pg 156 Under Define Design Options "Vendor Assessment: used to couple the assessment of a third party solution with an assessment of the vendor to ensure that the solution is viable and all parties will be able to develop and maintain a healthy working relationship."

Decision Analysis: used to compare different change strategies and choose which is most appropriate.IIBA BABOKv3 (130)

Ans:C- Techniques of Define Design Option, only vendor assessment is applicable 7.5.6

B. Decision analysis (identifying suitable option of a solution that fits an organization's need for a new third-party sales tool)

Vendor Assessment

A is the correct answer. The question relates to identifying suitable options not solving a problem - which all the other techniques refer to (except Vendor assessment which looks at meeting commitments on delivery and provisions of products/services)

B=Decision Analysis as per page 185 8.5.6 - Decision Analysisused to determine the impact of acting on any of the potential value or performance issues.

Ans is B. Decision Analysis Vendor assessment is not a technique under the task 7.6 Analyze Potential Value and Recommend Solution. The only option is B. Decision Analysis - Decision Analysis: used to support the assessment and ranking of design options.

I think it's Decision Analysis Vendor assessment is an evaluation and approval process that businesses can use to determine if prospective vendors and suppliers can meet their organizational standards and obligations once under contract. The end goal is to secure a low-risk, best-in-class vendor and supplier portfolio. Decision analysis (DA) is a form of decision-making. Ethical decision that involves identifying and assessing all aspects of a decision, and taking actions based on the decision that produces the most favorable outcome.

Third-party is the key: vendor assessment