CAPMMedium

CAPM Practice: Demonstrate an understanding of business analysis (BA) roles and responsibilities

Question 10 of 67 in Demonstrate an understanding of business analysis (BA) roles and responsibilities

Pick an answer below — you'll get the explanation instantly, no signup.

What is the purpose of a 'stakeholder analysis' in business analysis?

Show answer & explanation

Correct answer: To identify who has interests in or is affected by the project and understand their needs, influence, and communication preferences

Explanation

Stakeholder analysis identifies all parties affected by or interested in the project, assesses their influence and interest, and informs engagement strategies. It ensures requirements are gathered from the right sources.

**Why not B:** Stakeholder analysis goes far beyond evaluating financial contributions. It examines each stakeholder's level of influence, interest, attitudes, communication preferences, and potential impact on the project — not just their funding role.

**Why not C:** The purpose of stakeholder analysis is to understand and appropriately engage stakeholders, not to exclude them. Even stakeholders with low influence or negative attitudes need a defined engagement strategy rather than exclusion.

**Why not D:** Stakeholder analysis identifies and characterizes stakeholders — it does not assign project tasks. Task assignment is a project management activity that may be informed by stakeholder analysis but is not its purpose.

Key Concept

This question covers Demonstrate an understanding of business analysis (BA) roles and responsibilities under Demonstrate an understanding of business analysis (BA) roles and responsibilities (Business Analysis Frameworks).

All 1,500+ CAPM questions are free