A business analyst is helping management determine which solution they should choose. As it happens that the organization can only choose one of the two solutions due to time and resource restrictions. Solution A worth $456,000 to the organization while solution B worths $565,000 to the organization. While solution A costs less, it is less risky and takes less time to complete so management elects to seize Solution A. What is the opportunity cost?

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The Certified Business Analysis Professional (CBAP) designation is a professional certification offered by the International Institute of Business Analysis (IIBA) and is ideal for people with work experience. To qualify for the Certified Business Analysis Professional exam, you’ll need to complete some key requirements: - Complete at least 7,500 hours of BA work experience within the last 10 years. Of those 7,500 hours, at least 3,600 hours of them must fall within four of the six Business Analyst Body of Knowledge (BABOK) areas. - You must complete at least 900 hours for each of the four... Show more

A business analyst is helping management determine which solution they should choose. As it happens that the organization can only choose one of the two solutions due to time and resource restrictions. Solution A worth $456,000 to the organization while solution B worths $565,000 to the organization. While solution A costs less, it is less risky and takes less time to complete so management elects to seize Solution A. What is the opportunity cost?