Free Pegasystems PEGACPLSA88V1 Practice Exam with Questions & Answers | Set: 6

For U+ Bank's project to present credit card offers based on engagement policies, the conditions should be matched with the appropriate engagement policy criteria as follows:

The customer must not be flagged as a defaulted borrower

Engagement Policy: Eligibility

Explanation: This condition ensures that only customers who meet basic eligibility criteria, such as not having defaulted on previous loans, are considered for the offers.

Customer already owns a higher-value offer

Engagement Policy: Suitability

Explanation: This condition checks if the offer is suitable for the customer, ensuring that the customer does not already have a better offer, which would make the new offer irrelevant or less attractive.

Must be a resident of New York City

Engagement Policy: Applicability

Explanation: This condition pertains to the applicability of the offer, ensuring that the offer is relevant to the customer's location, which in this case is specific to residents of New York City.

The savings product offers are relevant only if the customer has not explicitly opted out of direct marketing

Engagement Policy: Eligibility

Explanation: This condition is part of the eligibility criteria, ensuring that only those customers who have not opted out of direct marketing are eligible to receive the offers.

Inappropriate for customers with a credit score < 300 as they are likely to default

Engagement Policy: Suitability

Explanation: This condition ensures the suitability of the offer, filtering out customers with a low credit score who are at a higher risk of defaulting, making them unsuitable for certain offers.

Step by Step Comprehensive Detailed Explanation with References:

Eligibility Conditions:

Conditions that determine the basic qualifications or permissions for receiving offers fall under eligibility. This includes criteria such as not being flagged as a defaulted borrower and not opting out of direct marketing.

Applicability Conditions:

Conditions that ensure the offer is applicable to the customer's specific situation or context fall under applicability. This includes location-based criteria like being a resident of New York City.

Suitability Conditions:

Conditions that determine if the offer is appropriate for the customer's current status or needs fall under suitability. This includes ensuring the customer does not already have a better offer and checking the credit score to prevent offering products to those at high risk of default.

References: According to Pega’s best practices for engagement policies, eligibility criteria are used to filter out ineligible customers, applicability ensures the offer is relevant to the customer’s situation, and suitability checks ensure the offer is appropriate for the customer’s current needs and status.

Step by Step Comprehensive Detailed Explanation with References:To perform extensive analysis on work party information while minimizing impact on case workers:

Configure a reports database for the Class Group and Index WorkPartyUri Data Admm DB-Table records (B): Setting up a separate reports database helps offload reporting activities from the transactional database, reducing the load on the operational system.

Use BIX to export Case and related Work Party data to a data warehouse (D): BIX (Business Intelligence Exchange) can be used to export data in bulk to a data warehouse where extensive analysis can be performed without affecting the performance of the operational Pega applications.

References:

Pega Reporting: Using a Reports Database

Pega BIX: Business Intelligence Exchange

To create a new control with a shortcut key:

Create a new autogenerated button control and alter its caption to support a shortcut key (Answer A):

Explanation: Using autogenerated controls ensures consistency with Pega’s UI framework, and adding a shortcut key to the caption makes the button accessible via keyboard shortcuts.

 Identify and configure the right set of test suites to test early and often to identify the defects in the early stages of project life cycle:

Testing early and frequently helps in identifying and fixing defects at the initial stages, reducing the cost and effort required for fixing them later.

 Identify and configure the right set of test suites that need to run at different stages of release pipeline:

Different stages of the release pipeline require different sets of tests to ensure comprehensive testing coverage and quality assurance.

 Identify and configure the automation test suite by using Pega Platform features and industry best practices:

Leveraging Pega Platform's features and adhering to industry best practices ensures that the automated test suites are effective and reliable.

 Association Rules: Association rules in Pega are used to define relationships between different classes. By creating association rules for the set of classes used in reports, you streamline the process of joining these classes in various reports.

 Simplified Reporting: When managers create reports, they can easily include the necessary class joins by leveraging these predefined association rules, thus reducing complexity and the likelihood of errors.

References:

Pega Academy: Building Reports with Association Rules

Pega Documentation: Association Rules

Applicability:Applicability rules ensure that the right offers are presented to the right customers. If Anna holds a higher value card (Premier Rewards), the new Rewards card offer might not be applicable to her because it is a lower-tier product.

Configuration Steps:

Define applicability criteria for each offer.

Ensure that offers are presented based on customer profiles and existing products.

References:Pega Academy lessons on Offer Management explain the role of applicability rules in ensuring that relevant offers are presented to customers.

Creating a Separate Ruleset:

It is considered best practice to isolate customizations in a separate ruleset to simplify future migrations and upgrades.

Benefits of Separate Ruleset:

Easier to identify and manage customizations.

Simplifies the process of moving custom rules between environments.

Reduces the risk of conflicts during upgrades.

Implementation:

Define a new ruleset specifically for the custom GetNextWork functionality.

Override the necessary rules within this ruleset.

References:

Pega Best Practices Guide

Pega Academy Course on Rule Management and Versioning

Using Data Flows:

Leverage data flows to read and process data efficiently.

Utilize datasets to source the required data.

Option A:

Use a utility to post data to a queue processor.

The queue processor will then handle posting the data to the data warehouse over REST.

Option B:

Alternatively, the utility can synchronously post data directly to the data warehouse.

This ensures immediate transfer of data upon resolution of a case.

References:

Pega Platform Data Flow Documentation

Pega Academy Course on Integration and Data Synchronization

For matching the requirements with the correct components, the answers are as follows:

Determine target budget to retain a customer

Component: Decision table

Explanation: A decision table is used to define and evaluate multiple conditions to determine outcomes, such as calculating a target budget based on various customer attributes.

Divide customers into risk segments

Component: Scorecard

Explanation: A scorecard assesses and scores customer attributes to classify them into different risk segments, such as low, medium, or high risk.

Compute sum of profit

Component: Group By

Explanation: The Group By component aggregates data to compute sums, averages, and other statistics, such as the sum of profit across customer segments.

Determine customer credit score

Component: Scorecard

Explanation: A scorecard is used to calculate a customer's credit score by evaluating various financial and behavioral attributes.

Step by Step Comprehensive Detailed Explanation with References:

Decision Table:

Use Case: Decision tables are used to evaluate multiple conditions and determine an appropriate action or value. They are suitable for calculating budgets where multiple criteria need to be considered.