Which TWO of the following are core components of a business analysis framework according to PMI standards?
This is a core knowledge area.
Why this answer
According to PMI's Business Analysis for Practitioners: A Practice Guide, the core components of a business analysis framework are the five domains: Business Analysis Planning and Monitoring, Elicitation and Collaboration, Requirements Life Cycle Management, Strategy Analysis, and Requirements Analysis and Design Definition. Option A is correct because Business Analysis Planning and Monitoring is the domain that defines how business analysis activities will be executed, including stakeholder analysis, planning deliverables, and establishing governance. Option C is correct because Requirements Life Cycle Management covers the management of requirements from creation through retirement, including traceability, prioritization, and change control.
Exam trap
The trap here is that candidates confuse the PMI business analysis framework domains with the PMBOK Guide knowledge areas, mistakenly selecting Stakeholder Engagement (which is a process group activity) or Risk Management (a knowledge area) as core business analysis components instead of recognizing the five specific BA domains.