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Business Analysis- An Overview

In this presentation you will get to know how practice of “Analyzing Business, Identifying Problems and Opportunities and providing Solutions” that will benefit business. ...

In this presentation you will get to know how practice of “Analyzing Business, Identifying Problems and Opportunities and providing Solutions” that will benefit business.
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    Business Analysis- An Overview Business Analysis- An Overview Presentation Transcript

    • Chapter 1Business analysis – an overview
    • Introduction Before 19th century no one systematically studied  the effectiveness of the different approaches of  management. The profession come into exist during the  information technology book in 1980‐1990.
    • Knowledge areas of BusinessAnalysis There are six knowledge areas of Business analysis: 1. Enterprise Analysis 2. Requirement planning and Management 3. Requirement Elicitation 4. Requirement analysis and Documentation 5. Requirement Communication 6. Solution Assessment and Validation.
    • Responsibilities of a BusinessAnalyst Identify business problems and opportunities. Elicitating, validating Communicating and  validating requirements. Recommending solutions.
    • Skills in Business Analysis Knowledge Skills Collaboration Skills Leadership Skills
    • Business Analysis –The Profession The business analysis profession is growing and  evolving consistently Defining business analysis  Profession. This Includes: ◦ Senior Executives ◦ Project managers ◦ Students of Business Analysis.
    • Defining Business AnalysisProfession Business Analysis is a set of tasks, knowledge and  techniques required to identify needs and  determine solutions to business problems.
    • Business Analyst Role A business analyst woks as a liaison among  stakeholders in order to elicit, analyze,  communicate and validate requirements.
    • Requirement A condition or capability needed by a stakeholder  to solve a problem. A documented representation of a condition or  capability.
    • Requirements Types The types of the requirements that exist vary based  on the problem domain and methodology that the  business analyst works with. Following are the types of requirements: ◦ Business requirements ◦ User requirements ◦ Functional requirements
    • Requirements Types Quality of service requirements Assumptions and Constraints Implementation requirements
    • Effective RequirementPractices The benefits include: ◦ A clear understanding of the needs of users, customers and  stakeholders. ◦ High quality systems and products
    • Enterprise Analysis This area is the collection of pre‐project activities. Typical Enterprise Analysis activities leading upto project selection guided by the Business Analyst.  They are as follows: ◦ Creating and maintaining the Business Architecture ◦ Preparing the Business Case ◦ Preparing the Decision Package
    • Requirements Planning &Management This area defines the resource and tasks associated  with the planning and managements of  requirements. This is necessary to ensure: ◦ The set of requirements activities undertaken are the most  appropriate, given the unique circumstances of the project. ◦ Changes are captured correctly and consistently.
    • Requirements Analysis &Documentation This area describes how stakeholder needs are  analyzed, structured and specified for use in the  design and implementation of a solution. Requirements analysis defines the methods, tools  and techniques used to structure the raw data.
    • RequirementsCommunication This area is the collection of activities and  considerations for expressing the output of the  requirement analysis and documentation. Requirements must be packaged, reviewed and  approved before the solution is implemented.
    • Solution Assessment andValidation This area covers the business analysis tasks  necessary to ensure that that solution meets the  stakeholder objectives is thoroughly tested and is  implemented smoothly.
    • The Business analysisprinciples in context The BA principles define the activities, tasks and  knowledge that business analysis professionals  need to know.
    • The Important points1. The BA fundamentals and glossary are not  activity or task drives.2. Not all work that a business analysis professional  does is for a defined project.3. Requirements planning and management  activities tend to span the duration of the project  with planning input provided to each of the other  areas
    • The Important points4. Communicating about requirements is also tend  to span the duration of the project.5. Theoretically, one gathers requirements then  analyzes and documents them, then uses them as  input into the designs that lead to the final  implementation of the gathered and documented  requirements.6. Information gathered during requirements  elicitation or analysis any lead to further work.
    • Relationship toThe Solution Life Cycle The business analysis principles will be compatible  with small to large, simple to complex projects and  all types of methodologies. Note that this is a non‐propositional ordering of  events in the timeline
    • Key Points Business analysis is a set of tasks, knowledge and  techniques required to identify business needs and  determine solutions to business problems Requirements serve as the foundation of systems  or system components. The requirement planning and management area  define the resource and tasks associated with the  planning and management of requirements  gathering activities.
    • Key Points The requirements elicitation area defines standard  techniques used to collect the requirements of the  systems. Requirements communication is an ongoing  activity. Solution assessment and validation covers the  business analysis tasks necessary to ensure that  that solution meets the stakeholder objectives is  thoroughly tested and is implemented smoothly.
    • Business Analyst A business analyst is generally a business domain  expert. Key point is that a Business Analyst will assist and  direct the business stakeholder is vision and  direction into actionable business plan.
    • End of Chapter 1Business analysis – an overview
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