GUIDEWIRE - MAXIMIZING INSURANCE
SUITE ROI EXAM QUESTIONS WITH
COMPLETE SOLUTIONS
Business case components - Answer-- Clear vision of project, business objectives,
business strategy
- Info to determine if it is a worthwhile project
- Info as reference to provide direction
- Provides framework, enhances clarity in approval process, ensures focus on value
Business strategy resources - Answer-1. Strategic advisory team
2. Strategic value map
What three phases typically require requirements gathering? - Answer-1. Inception
phase
2. Sprint 0
3. Development phase
What happens during inception workshops? - Answer-- meet with key stakeholders to
identify and elaborate on business requirements
- Look at standard user story backlog for project purchased and LOB to be implemented
- Review standard process flows and how these tie back to product functionality
-Discuss high-level requirements
- Validate estimate for user story
What are the benefits of leveraging the base configuration? - Answer-- Leverage project
resources and tools more effectively
- Decrease development time
- Decrease testing
- Decrease maintenance costs
- Decrease future upgrade efforts
- Lower cost of ownership
When would you customize? - Answer-Only if
- Increase overall efficiency
- Establish competitive advantage
What are potential impacts of recreating legacy system features/functionality? -
Answer-- Missed opportunity to leverage new technology
- Increased development time, testing time
- Performance issues
- Maintenance issues with releases
- Limitations and challenges with upgrades
- Increased cost
SUITE ROI EXAM QUESTIONS WITH
COMPLETE SOLUTIONS
Business case components - Answer-- Clear vision of project, business objectives,
business strategy
- Info to determine if it is a worthwhile project
- Info as reference to provide direction
- Provides framework, enhances clarity in approval process, ensures focus on value
Business strategy resources - Answer-1. Strategic advisory team
2. Strategic value map
What three phases typically require requirements gathering? - Answer-1. Inception
phase
2. Sprint 0
3. Development phase
What happens during inception workshops? - Answer-- meet with key stakeholders to
identify and elaborate on business requirements
- Look at standard user story backlog for project purchased and LOB to be implemented
- Review standard process flows and how these tie back to product functionality
-Discuss high-level requirements
- Validate estimate for user story
What are the benefits of leveraging the base configuration? - Answer-- Leverage project
resources and tools more effectively
- Decrease development time
- Decrease testing
- Decrease maintenance costs
- Decrease future upgrade efforts
- Lower cost of ownership
When would you customize? - Answer-Only if
- Increase overall efficiency
- Establish competitive advantage
What are potential impacts of recreating legacy system features/functionality? -
Answer-- Missed opportunity to leverage new technology
- Increased development time, testing time
- Performance issues
- Maintenance issues with releases
- Limitations and challenges with upgrades
- Increased cost
