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PMI-PBA Exam Format | PMI-PBA Course Contents | PMI-PBA Course Outline | PMI-PBA Exam Syllabus | PMI-PBA Exam Objectives


Exam Detail:
The PMI-PBA (PMI Professional in Business Analysis) exam is designed to validate the knowledge and skills of professionals in the field of business analysis. Here are the exam details for the PMI-PBA exam:

- Number of Questions: The exam consists of multiple-choice questions. The exact number of questions may vary, but it is typically around 200 questions.

- Time Limit: The time allotted to complete the exam is 4 hours.

Course Outline:
The PMI-PBA certification program covers a comprehensive range of topics related to business analysis. The course outline typically includes the following domains:

1. Needs Assessment:
- Define business problems and opportunities.
- Conduct feasibility studies.
- Identify and analyze stakeholders.

2. Planning:
- Develop business analysis plans.
- Identify and analyze risks.
- Determine the appropriate requirements gathering techniques.

3. Analysis:
- Elicit requirements from stakeholders.
- Analyze, prioritize, and validate requirements.
- Model requirements using appropriate techniques.

4. Traceability and Monitoring:
- Establish requirements traceability.
- Manage changes to requirements.
- Monitor and report on requirements.

5. Evaluation:
- Verify and validate requirements.
- Assess and validate solutions.
- Evaluate business benefits and value.

6. Tools and Techniques:
- Requirements management tools.
- Business analysis techniques.
- Communication and collaboration tools.

Exam Objectives:
The objectives of the PMI-PBA exam are as follows:

- Assessing candidates' understanding of business analysis principles, practices, and techniques.
- Evaluating candidates' ability to analyze business problems and opportunities.
- Testing candidates' proficiency in requirements gathering, analysis, and validation.
- Assessing candidates' knowledge of business analysis planning and monitoring.
- Evaluating candidates' understanding of stakeholder management and communication.

Exam Syllabus:
The specific exam syllabus for the PMI-PBA exam covers the following topics:

1. Needs Assessment:
- Business problems and opportunities.
- Feasibility studies.
- Stakeholder identification and analysis.

2. Planning:
- Business analysis planning.
- Risk identification and analysis.
- Requirements gathering techniques.

3. Analysis:
- Eliciting requirements.
- Requirements analysis and prioritization.
- Requirements modeling.

4. Traceability and Monitoring:
- Requirements traceability.
- Change management.
- Requirements monitoring and reporting.

5. Evaluation:
- Requirements verification and validation.
- Solution exam and validation.
- Benefits evaluation.

6. Tools and Techniques:
- Requirements management tools.
- Business analysis techniques.
- Communication and collaboration tools.



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PMI in Actual Questions

 

Moneycontrol Pro Weekender: The Gremlin Boogie hangover

Dear Reader, 

For the markets, 2024 started with a hangover, which is hardly a surprise, given the wild partying that had begun even before Powell gave the green light for the festivities. Powell’s dovish cooing led to a celebration, the likes of which hadn’t been seen in a long time—the Bank of America survey of fund managers for December 2023 said investors were the highest stock overweight since February 2022, the highest bond overweight in 15 years, the lowest cash overweight since April 2021 and the highest commodity underweight since June 2017. In that context, the morning after’s hangover has been rather mild.

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The real questions are: is the Goldilocks 2024 scenario of a soft landing with low inflation still intact? And how much of that has been baked into stock prices? It is the uncertainty around these questions that the markets are grappling with. As Moneycontrol Pro’s independent research team put it, ‘investors today are a happy but a nervous lot, not savouring the fruits of their investment for fears of an imminent correction’. After analysing the markets in depth, they concluded that ‘while bears might fight to make a comeback, by the end of the year, the bulls are likely to have the last laugh.’

Second thoughts about the rally were triggered by the minutes of the last Fed meeting, which, as this FT story (free to read for Moneycontrol Pro subscribers) points out, added to doubts that the US central bank is poised to begin cutting interest rates as early as March, dashing market expectations. Our columnist Ananya Roy points to inflated valuations and advises caution for investors even as they ride the rally. What that translates into, at a practical level, is that 2024 could be the year of alpha stock pickers rather than macro chasers, as S Krishnakumar, the founder of Lion Capital, told us in this interview. You’ll find some of these alpha stock picks from my research colleagues below.

Some incoming data in the new year have been upsetting. Germany’s retail inflation, for instance, moved up to an annualised 3.7 percent in December, up from 3.2 percent in the previous month. Retail inflation in France too was higher. Inflation according to the Eurozone consumer price index too came in higher for December, albeit a bit lower than forecast.

Geopolitics has sent an early signal that it continues to be a problem, with attacks on ships in the Red Sea leading to a surge in shipping costs.

As for growth, the US Composite Purchasing Managers Index (PMI), a snapshot of private sector activity in both manufacturing and services, picked up a bit in December. Despite the improvement, Chris Williamson, Chief Business Economist at S&P Global Intelligence, said, "The more challenging demand environment has dampened firms’ pricing power, squeezing service sector selling price inflation to the lowest for over three years on average during the fourth quarter. With sticky service sector inflation being a key area of concern among Fed policymakers, the slower rate of price increase in December is welcome news." The PMI numbers so far bear out the US soft landing hopes. The Composite PMI also edged up in December for Japan and the UK, while the reading continued to be in contractionary territory (below 50) in the Eurozone.

India is in a different league altogether. In India, the Composite PMI accelerated to 58.5 in December 2023 from an already high 57.4 in November. The strength of India’s PMI is seen when compared to the US Composite PMI of 50.9, of the UK at 52.1, the Eurozone at 47.6, of Brazil and Japan at 50 and China at 52.6.

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It is this strength in the economy and the acceleration in momentum that has led India’s National Statistical Office to forecast real GDP growth of 7.3 percent in 2023-24 in its first advance estimate, which is higher than the RBI’s estimate of 7 percent.

The only concern is that the strong demand could lead to price pressures. The PMI survey said, ‘The rate of increase in prices charged for the provision of services in India was solid, above its long-run average and faster than that seen for input costs. The upturn was reportedly induced by rising instances of firms passing on cost burdens to their customers.’ Furthermore, since nominal GDP growth is estimated to be 8.9 percent in 2023-24, while the assumption in the Union Budget was for 10.5 percent growth, that would mean the government may have to curb spending in the next few months to keep the fiscal deficit at the targeted 5.9 percent of GDP. However, the first advance estimate is only a rough extrapolation and it’s certain to get revised and re-revised over time.

The immediate trigger for the markets, though, is the US non-farm payrolls for December, which came in far better than expected. The unemployment rate came in lower than expected, while average hourly earnings rose more than consensus. That led to a drop in the probability of a Fed rate cut at its March meeting, although the market is still pricing it around 50 percent. On the other hand, non-farm payrolls were revised lower for previous months, so it’s best to take the numbers with a pinch of salt.

For the markets, while the strong jobs report points to decent growth, it raises the prospect of inflation remaining high and dampens expectations of a rate cut. The question the Fed has avoided so far is whether the loosening of financial conditions, as seen in the sharp drop in bond yields, has contributed to growth and the continued strength of the labour market.

Perhaps, as this FT story says, ‘’If financial markets are correct in suggesting the desirability of an early rate reduction, they have gone too far in suggesting interest rates will decline almost as quickly as they rose, pricing in 1.5 percentage points of reductions in both the US and eurozone this year.’’

How long will the hangover last? That will depend on the kind of hangover. In his hilarious novel ''The Mating Season', PG Wodehouse wrote, ‘I am told by those who know that there are six varieties of hangover—the Broken Compass, the Sewing Machine, the Comet, the Atomic, the Cement Mixer and the Gremlin Boogie, and his manner suggested that he had got them all.’

The one the markets are suffering from is probably the Gremlin Boogie, which, according to this blog, ‘’ is almost always experienced in groups and its symptoms include an unfounded sense of wellbeing, hysterical laughter, the desire to buy goods which at other times would be deemed unnecessary and a masochistic enjoyment of the other types of hangover. Most commonly, it fuels within the sufferer a rampant desire to continue drinking, the victim becoming so caught up in the joy of the communal hangover that he or she cannot bear for the experience to end. Indeed, it is generally wise to allow the Gremlin Boogie to run its course.’’

Cheers, Manas Chakravarty

Here are some of the other stories and insights we published this week, apart from our technical picks in the equity, commodity and forex markets:

Stocks 

Cera Sanitaryware, Why this NBFC is an ideal bull market stock, Utkarsh Small Finance Bank, NCC Ltd, DCB Bank,  L&T Technology Services, Syngene, Bosch, What can investors expect from FMCG companies in the December ’23 quarter?; Ujjivan SFB, Weekly tactical pick, Avalon Tech and Elin Electronics, Prudent Corporate Advisory Services

Markets 

MC Markets Poll for 2024

SME IPOs: Here are 7 tips to tell the good from the bad

The froth in small and midcap stocks

What drives the PSU stocks rally?

Which price do professional traders watch the most?

Sharp volatility, correction likely ahead of Q3 results

Financial Times 

The Magnificent Seven is not the only concentration America should worry about

Year in a word: Higher for longer

LEX: Iron ore/China--rusty metal shines in markets

Ruchir Sharma: Top ten trends for 2024

Inside Edge 

Indiabulls' believers, Man Friday eyes Themis Biosyn, Market veteran's scion eyes Dishman, collecting is the new diversification

Wockhardt’s new bull, options ‘genius’ of Bhatkudgaon, wealth god’s Zee buying binge

Cement stock catches fancy, Mankind's giant leap, SEAMEC's stranded get a lifeboat, trading landbank for a landline

Companies and industry 

Steel industry faces a new risk on the horizon

Will traction in 2W sales alleviate concerns of K-shaped recovery?

Trouble at the margin for FMCG companies and distributors?

Iron ore’s uptrend signals expectations of buoyant steel output 

Rising demand for windmills improve project pipeline for Suzlon, Inox Wind

Diagnostic companies

Economy and policy 

Can Panagariya rekindle the spirit of co-operative federalism?

Wide state bond yield spread benefits investors but won’t hurt states much

Pro Economic Tracker

Healthcare regulation—what should be the watchdog’s mandate?

Manufacturing PMI shows moderating growth, lower input costs

Time to give Aatmanirbhar India a Chinese makeover?

Designed to help, Aadhaar is a nightmare for the poor

The Green Pivot 

Booming EV sales are good for car companies but not so much for the climate

Carbon reduction alone isn’t enough, India needs to step up on carbon removal too

India’s solar energy capacity is growing but challenges remain

Tech and startups 

Is your AI program racist?

Startup Street: Social justice and the startup ecosystem

More principles, less hollow valuations from startups

Geopolitics 

OPEC is losing its mojo

The Pakistan military will call the shots in forthcoming elections and dictate foreign policy 

Budget 2024 

Budget Snapshot | India's government punches above its weight in garnering revenue

Budget Snapshot | How does India’s fiscal deficit compare with its peers?

Budget Snapshot: How does India compare with East and Southeast Asian nations on government spending?

IMF recommends a new Fiscal Strategy statement for Union Budget

Pre-Budget wishlist: Give greater flexibility to the self-employed to switch between old and new tax regimes

Budget should push round-the-clock electricity generation capacity

Personal Finance 

Tata Mutual Fund launches gold schemes—is it too late?

Cyber frauds: How to avoid losing money to fraudsters 

Inequality will widen until giving becomes a part of personal finances

Stay with your investment strategy amid market euphoria


What to know about the 13 types of mortgage loans you can get to buy a home

Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

  • Depending on how much you need to borrow, you may choose a conforming or jumbo mortgage.
  • If you can't get a conforming mortgage, you may still be eligible for an FHA, VA, or USDA mortgage.
  • You'll need to choose between a fixed-rate mortgage and an adjustable-rate mortgage.
  • Thanks for signing up!

    Access your favorite topics in a personalized feed while you're on the go. download the app

    When buying a home, you'll need to decide which type of mortgage is the best fit. 

    Your decision may come down to how much you need to borrow and how strong your finances are. If you don't qualify for one type, you may be able to find another one that's a good match.

    This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. 1. Conforming mortgage

    A conforming mortgage is a type of conventional mortgage, or a mortgage not backed by a government agency such as the FHA. 

    These mortgages meet the conforming loan limits set by the Federal Housing Finance Agency (FHFA). The FHFA sets the limit for conforming loans every year, and in 2024, the limit is $766,550 in most parts of the US. In areas with a higher cost of living, the limit goes up to a ceiling of $1,149,825.

    Many mortgage lenders require a 620 credit score and a maximum debt-to-income ratio between 36% to 50% to get a conforming loan. You'll need at least a 3% down payment if your mortgage is backed by government-sponsored mortgage companies Fannie Mae and Freddie Mac, though individual lenders may require more.

    You'll pay for private mortgage insurance on a conforming mortgage if you have less than 20% for a down payment. PMI typically costs between 0.2% and 2% of your mortgage amount. You can cancel PMI once you have at least 20% equity in your home.

    2. Jumbo mortgage

    A jumbo mortgage, also known as a nonconforming mortgage, is another type of conventional loan. You'll need a jumbo mortgage to borrow more than the FHFA borrowing limit.

    As discussed above, in 2024, the limit is $766,550 in most parts of the US., up to a ceiling of $1,149,825 in areas with a higher cost of living. A jumbo mortgage is for an amount higher than these limits.

    Eligibility requirements for jumbo mortgages are a bit stricter than for conforming mortgages, because lenders are taking a greater risk by lending you more money. Each lender has its own requirements for nonconforming mortgage, but you'll likely need a higher credit score, lower debt-to-income ratio, and bigger down payment than you would for a conforming mortgage.

    3. FHA mortgage

    There are three types of government-backed mortgages, or home loans backed by federal agencies: FHA, VA, and USDA. If you default on your mortgage payments, the agency compensates the lender. This makes the loans less risky for your lender, and therefore more accessible for you.

    An FHA mortgage is a government-backed mortgage insured by the Federal Housing Administration. You can get an FHA mortgage with a 3.5% down payment if your credit score is 580 or higher, or with 10% down if your score is 500 to 579. Most FHA mortgage lenders require a debt-to-income ratio of 43% or lower.

    You don't have to pay for PMI with an FHA mortgage, but you do have to pay for a different type of mortgage insurance. It will cost you 1.75% of your mortgage at closing. Then you'll pay an annual premium of 0.45% to 1.05% of your mortgage.

    4. VA mortgage

    A VA mortgage is a government-backed mortgage guaranteed by the US Department of Veterans Affairs, and it's for military families only. VA mortgages typically come with lower interest rates than conforming mortgages, and you don't need a down payment.

    You will need at least a 660 credit score and 41% debt-to-income ratio to qualify for a VA mortgage.

    You won't have to pay for mortgage insurance, but you will pay a funding fee.  The fee is 2.3% of the amount borrowed if this is your first VA loan, or 3.6% if you've used a VA loan before. The fee will be lower if you have money for a down payment, though.

    5. USDA mortgage

    A USDA mortgage is a government mortgage backed by the US Department of Agriculture. It's for low-to-middle-income families buying a home in a rural or suburban area. The qualifying income limit depends on where you live in the US. The population restrictions are 20,000 for some counties and 35,000 for others.

    Like a VA mortgage, a USDA mortgage comes with lower interest rates and doesn't require a down payment. Most lenders require a 640 credit score and 41% debt-to-income ratio. 

    You will have to pay for mortgage insurance, but it should cost less than what you might pay for PMI or for insurance on an FHA mortgage. You'll pay 1% of your principal at closing, then an annual premium of 0.35% of your remaining principal. 

    6. Fixed-rate mortgage

    When it comes to locking in an interest rate, you'll choose between two types of mortgages: fixed-rate or adjustable-rate.

    Depending on which type of mortgage you get, you may get to pick between the two types or be limited to just one. For example, you can select either a fixed or adjustable rate for a conforming mortgage, but you can only get a fixed rate on a USDA mortgage.

    A fixed-rate mortgage locks in your rate for the duration of your loan. Although US mortgage rates will increase or decrease over the years, you'll still pay the same interest rate in 30 years as you did on your very first mortgage payment.

    7. Adjustable-rate mortgage

    An adjustable-rate mortgage, commonly referred to as an ARM, keeps your rate the same for the first few years, then periodically changes over time — typically once a year. For example, if you have a 5/1 ARM, your introductory rate period is five years, and your rate will go up or down every year.

    8. Construction loan

    You might need a construction loan if you build a house and need financing to cover permits, supplies, and labor. 

    Construction loans are short-term loans (usually for one year) that carry higher interest rates than regular mortgages. You may choose to pay off your loan once construction is completed, or roll it into a regular mortgage.

    If you want to buy a home and make significant changes to it, you can apply for a renovation loan. The money you borrow for renovations will be rolled into your mortgage.

    9. Balloon mortgage

    With a balloon mortgage, you'll make monthly payments as you would for any other type of mortgage for the first five years or so. At the end of that initial payment period, you'll pay off the total amount you still owe in one lump sum.

    Balloon mortgages come with low interest rates, but they're risky. You might like a balloon mortgage if you expect to move out of your home or refinance before the initial payment period ends. This way, you'll benefit from the low rate without paying a ton of money all at once later. 

    You also may prefer a balloon mortgage if you expect to receive a lot of money in the time between getting the mortgage and paying off the total amount. But this mindset can be dangerous, especially if the money you were expecting doesn't come through.

    Balloon mortgages are risky for both the buyer and lender, so finding a lender that offers one may be difficult.

    10. Interest-only mortgage

    With an interest-only mortgage, you borrow money as you would with any other type of mortgage, and you make monthly payments. But you only pay off the interest charged by the lender, not the principal (the amount of money you borrow).

    Interest-only mortgages have a set period, such as ten years, where you'll make interest-only payments. Once that period is up, you'll start paying both principal and interest.

    Some people like this type of mortgage for the low monthly payments. But interest-only mortgages typically have adjustable interest rates, so your rate will fluctuate from year to year. You also won't build equity in your home, because you won't be paying down the principal.

    Each lender sets its own eligibility requirements for interest-only mortgages, but you'll likely need a higher credit score, lower debt-to-income ratio, and bigger down payment than you would for a conforming mortgage.

    11. Piggyback loan

    A piggyback loan involves taking out two mortgages, one large and one small. The smaller mortgage "piggybacks" on the larger one. The primary loan is a conventional mortgage. The other is a home equity loan or home equity line of credit. 

    There are several types of piggyback loans, but an 80-10-10 loan is probably the most common. The first mortgage is for 80% of the purchase price, the second is for 10%, and you provide 10% cash for the down payment. By combining the second mortgage and the money you already have saved for the down payment, you'll have 20% total to put down. This way, you don't have to pay for private mortgage insurance.

    12. Reverse mortgage

    A reverse mortgage is a type of home loan for people age 62 or older. Unlike most of the other mortgages on our list, a reverse mortgage isn't the first mortgage you'll take out on your home. It's for people who have gained equity in their home since originally buying it, and likely have paid off their mortgage already.

    A forward mortgage — which you probably think of as a regular mortgage — is a type of loan you'd use to buy a home. You make monthly payments to the lender until the home is paid off, and over time, your debt decreases.

    A reverse mortgage, on the other hand, is used after you've already bought the home. The lender pays you, and the money comes out of the equity you've acquired in the house. Over time, your debt increases. 

    When you eventually sell the home (whether you're living or dead), the proceeds go to the lender to pay off your debt from the reverse mortgage. Any additional money from the sale will go to you if you're living, or to your estate if you're dead.

    If your heirs want to keep the property, then they can pay off the reverse mortgage themselves.

    13. Mortgage refinance

    When you refinance your home, you replace your initial mortgage with a new one. There are multiple potential benefits to refinancing: locking in a lower mortgage refinance rate, making lower monthly payments, or canceling private mortgage insurance are just a few.

    Because you're just applying for a new mortgage, much of the process will be the same as it was the first time around. The lender will still look at your credit score and debt-to-income ratio. But instead of determining your interest rate by looking at your down payment, the lender will consider how much equity you've accumulated in your home.

    Types of mortgages frequently asked questions

    By far, conventional mortgages are the most popular mortgage type. In 2022, lenders originated more than 4.1 million conventional loans, according to Home Mortgage Disclosure Act data. By contrast, there were over 1.3 million nonconventional mortgage originations in 2022, including all FHA, VA, and USDA mortgages.

    VA mortgages often have the lowest interest rates, though FHA interest rates are also relatively low and occasionally dip below average VA mortgage rates. However, if you have a great credit score, a low debt-to-income ratio, and a large down payment, you may be offered a better rate on a conventional mortgage.

    Generally, an FHA mortgage would probably be considered the "easiest" mortgage to get, but you'll still need to meet certain criteria if you want to qualify. FHA mortgages are geared toward those with lower incomes or rocky credit histories, so if you aren't able to qualify for a conventional mortgage, you might want to see about getting approved for an FHA mortgage.

    Laura Grace Tarpley, CEPF

    Personal Finance Reviews Editor

    Molly Grace

    Mortgage Reporter


     


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    PMI PMI-PBA Practice Test Questions and Answers, PMI PMI-PBA Exam Dumps - Killexams

    All PMI PMI-PBA certification exam dumps, study guide, training courses are Prepared by industry experts. PrepAway's ETE files povide the PMI-PBA PMI Professional in Business Analysis practice test questions and answers & exam dumps, study guide and training courses help you study and pass hassle-free!

    The PMI-PBA exam is the abbreviation of the Project Management Institute — Professional in Business Analysis that leads to the self-titled certification. The test is about how good the candidates are with their business analysis skills when it comes to project management or product development. It also showcases how well one can communicate with stakeholders and achieve the company’s goals.

    Eligibility Criteria

    To get certified as a PMI-PBA, the applicant needs to meet one of the following sets of requirements that are based on educational level and professional experience:

    • High School Diploma/Associate's degree or global equivalent along with 35 contact hours of business analysis practices and 60 months of working background as a practitioner of business analysis. The experience must be within the last 8 years.
    • Bachelor's Degree or global equivalent alongside 35 contact hours of business analysis practices and 36 months of working experience as a business analysis practitioner that must be gained within the last 8 years.
    • Bachelor's or postgraduate degree from a Global Accreditation Centre (GAC) program or global equivalent supplemented with 35 contact hours of formal education as well as 24 months of unique non-overlapping professional business analysis experience.

    The Four Steps of the PMI-PBA Certification Process

    1) Submission of application: after you have ensured that you are eligible for the PMI-PBA exam, you can create the application. Once you start this process, you don’t need to make everything in one go. The candidates are allowed to save what is already done and come back to it later. A maximum of 90 days is given to complete and submit your application.

    2) Review of application: this is done in 5 days after which the selection process will be concluded and chosen applicants will be contacted with further instructions.

    3) Audit process: if your application is selected, you will need to send the audit materials within 5-7 days after submission. /

    4) Certification test: after a successful review by the PMI, you can then proceed to pay and schedule your exam. The exam can be taken three times within a year. Once you pass it, you will be certified as a PMI-PBA.

    After earning your certificate, you are entitled to maintain it after the period of three years by attaining 60 Professional Development Units (PDUs). If you don't meet this target, the certification will be suspended.

    Exam Pricing

    The PMI-PBA fees vary and this is based on one’s PMI membership status. For instance, the computer-based testing for non-members is $555 while members pay $405. When it comes to retaking the exam, the cost for non-members is $375 but the next attempt can be done for $275 if you are a PMI member.

    Exam Structure and Outline

    The PMI-PBA test consists of 200 questions, and only 175 of them are scored. The remaining 25 items are known as pre-test and they don't affect your final result. The duration of the computer-based exam is four hours. During this period, there's no scheduled break. You can still take it if needed but note that the exam clock will continue ticking.

    The PMI-PBA exam covers five domains that are as follows:

    1) Needs assessment: this section covers about 18% of the questions. It is about the understanding of the business issues and finding sustainable solutions to them. There are five types of tasks under this domain that are focused on problem and opportunity analysis methods, identifying the company’s needs, elicitation techniques, etc.

    2) Planning: this domain constitutes about 22% and it is majorly about the preparation required to manage the business analysis within a project effectively. To fully understand this section, you need to master six areas such as choosing the right strategy, working with requirements, document control, business metrics, and others.

    3) Analysis: this module covers about 35% of the test. It is dedicated to the requirements needed to manage a project or a product effectively. Main topics to become aware of involve dependency and interface analysis, decision-making techniques, writing the requirements specifications, etc.

    4) Traceability and monitoring: this module takes about 15% of the questions expected in the exam. It emphasizes the activities connected to the management of the life cycle of the needed requirements. The topics one has to grasp here are the use of the traceability artifact, monitoring requirements and updating their statuses, the knowledge of communication methods, and others.

    5) Evaluation: this involves the deliverability of the solutions offered towards a business problem. The domain takes about 10% of the exam and covers defining the gaps in using the solution, checking if it meets the requirements, and obtaining a sign-off, among the rest.

    There are also knowledge and skills that will come handy during the exam. These include analytic tools and techniques, communication skills, political and cultural awareness, systems thinking, quality management, backlog management and many others.

    Best Preparation Resources

    To ace this exam, there are numerous books and courses you can check out. Below are the lists of books that will help greatly:

    • The PMI Guide to Business Analysis: this book is a property of the Project Management Institute and covers ANSI-accredited standard along with the basic topics. It is a good tool for project, portfolio and product management as it contains information on how the project management and business analysis are related. The contents of the book are structurally composed to help one gradually obtain the knowledge that can be applied in any industry and organization.
    • PMI-PBA Exam Practice Test and Study Guide: this book is authored by Brian Williamson, a project and program management executive with over 20 years’ experience. It is composed of study tips like systematic use of memory maps that aid in recalling the information efficiently. There are also practice questions that will enhance your understanding and a package for online simulation exam where you can see your possible scores.

    Apart from books, there are various training courses held by more than 200 PMI authorized partners. They meet the standards set by the vendor and will help you understand the exam structure better. They offer the most updated content of the preparation programs and are led by seasoned instructors.

    In Conclusion

    The process of earning the PMI-PBA certification might seem complex but it requires one to just be attentive in making several steps. Ensure you have enough experience, create the application correctly, and prepare for the exam with the most relevant resources. In this case, the success is highly likely to come!

    PMI PMI-PBA practice test questions and answers, training course, study guide are uploaded in ETE Files format by real users. Study and Pass PMI-PBA PMI Professional in Business Analysis certification exam dumps & practice test questions and answers are to help students.

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