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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.

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.

Reference: https://www.pmi.org/certifications/business-analysis-pba

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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.

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To pass the PMI-PBA test on the first try, the students should gain the necessary knowledge and skills, which will help them cover all the questions in the exam. All in all, the applicants will face with the following subject areas:

Needs Assessment: The first module evaluates the expertise of the examinees in collecting and analyzing the information from different sources utilizing valuation techniques and tools to determine the value of the initiative as well as providing the clarification of the business needs and solution scope to collaborate in the designing of project objectives and goals to adjust the product with the organization’s objectives and goals. Moreover, they need to have the competence in defining or reviewing the business problem for developing a solution scope statement or providing data to design a business case. In addition, the individuals should possess the experience in utilizing the elicitation techniques to determine stakeholder values concerning the product and give a baseline for prioritizing needs.

Planning: The next domain focuses on the proficiency of the learners in reviewing the business case, project objectives, and goals to present the context for the business analysis activities, utilizing the traceability techniques and tools to determine the strategies for requirements traceability, and define the level of traceability needed to validate & monitor the requirements as well as identifying roles, stakeholders, and communication protocols, responsibilities, and methods to develop the requirements management plan to elicit, analyze, document, manage, and approve requirements to establish a roadmap for performing the expected solutions. Besides that, it checks the skills in identifying channels for communicating processes and requests for managing changes to select methods for requirements change control and determine the standard protocols for incorporation into the change management plan.

Analysis: As for this part, the test takers need to show their competence in utilizing the individual and group elicitation techniques to identify the requirements for discovering and capturing the requirements with supporting details. Furthermore, they need to have the proficiency in analyzing, decomposing and elaborating the requirements utilizing various techniques, such as data and process modeling, interface analysis, and dependency analysis to clarify product capabilities & options. In addition, the examinees should possess the expertise in utilizing the valuation and decision-making techniques to estimate product capabilities & options, and determine the rejected, deferred, or accepted requirements as well as allocating deferred or accepted requirements to create a requirements baseline, and utilizing the decision-making techniques to get sign-off on requirements baseline, facilitate stakeholder agreement, and gain stakeholder approval.

Monitoring and Traceability: The next subject area evaluates the skills of the applicants in capturing the requirements’ relationships, sources, and status to give evidence that the requirements are fulfilled as stated, monitoring the requirements throughout their lifecycles to ensure the proper supporting requirements artifacts are reviewed, produced, and approved at every period in the lifecycle as well as updating a requirement’s status as it runs through its lifecycle phases by interacting with proper stakeholders and documenting changes in the traceability tool to track requirements towards the end. Moreover, it checks their competence in communicating the status of the requirements to the project manager and other stakeholders utilizing communication methods to keep them informed of requirements risks, conflicts, issues, changes, and overall status.

Evaluation: The last section checks the experience of the students in defining if the solution meets the requirements by validating the solution’s test evidence toward the requirements acceptance standards as well as analyzing and communicating the solution's identified deltas and gaps utilizing the quality insurance methods & tools and to equip the stakeholders to determine differences between developed solution, requirements, and solution scope. Additionally, the applicants need to possess the proficiency in evaluating the expanded solution utilizing valuation techniques to define how the solution satisfies the value proposition and business case.