IIBA BABOK v3 Practice Exam 2025 – The All-in-One Guide to Master Business Analysis!

Effective elicitation is a critical process in business analysis that focuses on gathering accurate and comprehensive information from stakeholders. The primary goal of elicitation is to deeply understand the needs, desires, and limitations of the stakeholders involved. When the elicitation process is conducted effectively, it results in more accurate stakeholder requirements.

This accuracy is essential because it ensures that the requirements reflect the true needs of the stakeholders and align with the project's objectives. When stakeholders feel their input has been accurately captured, it fosters more engaged participation, leading to a greater likelihood of uncovering all necessary requirements. This can significantly reduce misunderstandings and miscommunications later in the project, ultimately resulting in solutions that are more closely aligned with stakeholder expectations and business goals.

While the other options may relate to positive outcomes of effective business analysis practices, they are not direct results of effective elicitation. For example, higher project budgets, reduced project timelines, and better resource allocation may be influenced by different factors including project management practices and organizational processes, but they do not stem directly from the quality of the requirements elicitation itself.