The business analyst has been assigned to a project which delivers functionality for a much larger solution. The project has many requirements but has not received adequate funding. In addition, the stakeholders’ views conflict. Which tools and techniques should the business analyst use to maximize business value while establishing the requirements baseline?

The scenario involves limited funding and conflicting stakeholders, requiring a focus on maximizing value and clearly defining scope. A weighted matrix (or weighted scoring) is a key prioritization technique to rank requirements based on criteria like business value. A context diagram is essential for defining the project's boundaries and scope, which helps manage stakeholder expectations. Decision trees are used for decision analysis, helping the team choose the best course of action when faced with complex, conflicting options, thereby maximizing value under constraints.

A. A process flow and organizational chart are useful for analysis but are not primary tools for prioritizing requirements to maximize value under funding constraints.
B. A stakeholder register identifies stakeholders, and a capability matrix analyzes gaps; neither is a primary tool for prioritizing requirements based on value.
C. A traceability matrix tracks requirements post-definition, and a scope document is an output of this process, not a tool used to establish the baseline itself.

- Project Management Institute. (2017). The PMI Guide to Business Analysis. Section 4.6.2.3, "Prioritization," pp. 132-133. Describes weighted ranking and other prioritization techniques.

- Project Management Institute. (2017). The PMI Guide to Business Analysis. Section 4.3.2.5, "Models," p. 108. Describes the use of scope models like the context diagram to show "the boundaries of a system."

- Project Management Institute. (2017). The PMI Guide to Business Analysis. Section 4.6.2.2, "Decision Analysis," p. 132. Explains using tools like decision trees to evaluate and rate options.