Importances of time management

1. TIME
MANAGEMEN
T AND
BUSINESS
ANALYST
PRESENTED BY ANKITA DUTTA

2. What Is Business Analytics?
Business analytics (BA) is the practice of methodical exploration of
any data,which the help of any statistical tool . Business analytics is
used by companies to draw data for decision-making.
Business Analyst are known to manage their time efficiently, in each
projects they can allocate time between a range from hours to weeks
and months to years. So they need to make the best use of the time
that is available for them. It is important for a Business Analyst
tovalue his time as well as his stakeholder’s time. Hence it’s tough
time for them.

3. Ttechniques to manage time effectively for Business
Analyst:
1. Prioritize and planning: prioritizing can be achieved with the help of TO DO
list in which the record of all the tasks can be set as per the priority. Thus
depending on the priority one must adapt to the plan. .
2. Action for the Email: Analyst can, delete or make a firm plan in response to
Emails efficiently and manage time as too many emails can only lead to
confusion.
3. Know the time value: A business analyst must try to manage the meeting time
efficiently, know if a meeting is necessary or not.
4. Expectations management: Set a realistic expectation for the work and the
time taken for the work.

4. Importance of Time Management:
● Time management is an essential personal skill that a Business Analyst must
possess.
● Time management improves efficiency for a Business Analyst as the project
are always needed to be delivered on time. It helps in achieving customer
satisfaction.
● Value of time is very important for an individual as it helps to plan the day to
day life and reduce wastage of time. Time is an essential for managing job
profile. Lack of time should never be an excuse by the employees.

5. Features of Good Business Plan:
● Executive summary
● Company description
● Market analysis
● Organization and Management
● Service/Product Line
● Market and sales
● Funding request
● Financial Projection

6. How Business Analytics Impacts the Business
Today?
In a time series data where data related to business was recorded in papers. Today,
there are many remote servers to handle the bulk data. The best part is that data can be
accessed and utilized easily whenever and wherever needed and also minimised the
time consumed. The development of this technology contributed greatly to
advancement in business analytics. Businesses view data differently today. The
rational information one can derive by utilizing data makes it one of the most valuable
assets of the business. Business analysts or analytical tools use the data to find
patterns and apply statistical and quantitative methods to come out with insights
which can predict future outcome and help management heads make informed
decisions. This can give the business a competitive edge.

7. Thank You