Business Analysis key terms

1. INTRODUCTION
TO BUSINESS
ANALYSIS
THE BUSINESS ANALYSIS CERTIFICATION PROGRAM

2. -match key terms
-used in business analysis
-with their definitions
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

3. -business analysis uses specific
terminology
-to communicate concepts and activities
-utilise the knowledge area
-mitigate any misunderstanding
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

4. -information
-requirements
-design
-plan
-risk
-organisation
-enterprise
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

5. -business analysis information
-the broad and diverse sets of
information
-that business analysts
-analyse, transform, and report
-notes taken by the business analyst
-documented requirements and designs
-a list of stakeholders
-the requirements plan
-record of any changes made
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

6. -business analysis key terms
-to communicate concepts and activities
include
-information, requirements, design, plan,
risk, organisation, and enterprise
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

7. -a requirement
-a usable representation of a need and
-should provide something of value
-to the stakeholders
-eg. a need to collect customer
information
-requirements need to be decomposed
and constraints identified
-standard terminology for easy access
and recording
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

8. -requirements address needs
-completing a transaction to process a
payment
-the need to collect revenue
-the quality attributes relate to time and
accuracy
-may integrate with other systems
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

9. -a design
-how value is realised from a solution
-can be represented in various ways
-a prototype
-a process model
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

10. -requirement
-a usable representation of a need
-defines value and can take various
forms
-design
-a usable representation of a solution
-represents how value is realised from a
solution
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

11. -a plan
-is a proposal
-business analyst should plan tasks and
activities and the sequence of those
event
-eg. a business analyst will plan to meet
with the senior manager
-prepare for the meeting
-may schedule the requirements
workshop
-resources need to be considered
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

12. -Risk
-is the effect of uncertainty
-on the value of a change, a solution, or
enterprise
-eg. risks to the financial return
-uncertainty around selecting a solution
-operational risks
-a business analyst assesses risks to the
solution
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

13. -plan
-a proposal that describes events and
tasks, lays out a sequence of events,
and includes required resources.
-an example of a basic flow diagram for
a plan displays
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

14. -risk
-can be defined as the effect of
uncertainty
-on the value of a change, a solution, or
the enterprise
-likelihood of risk can be managed and
the effects of risk
-may be financial, operational, tangible,
or non-tangible
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

15. -an enterprise
-is comprised of departments or
business units
-includes solutions, such as processes,
technology, policy information, and
business rules
-operates to meet shared goals
-goals - central in business analysis
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

16. -the area that will experience change due
to business analysis activities
-some changes are enterprise-wide
-meet the goals and meet the enterprise
strategy
-the organisational level of the enterprise
-tactical business analysis
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

17. -an enterprise
-is a system of organisations and
solutions with shared goals and
boundaries defined relative to change.
-an organisational hierarchy chart is
shown with the CEO at the apex
-an organisation
-is a group of people under management
with common objectives
-that pursue continuous operation
INTRODUCTION
TO BUSINESS
ANALYSIS
BUSINESS ANALYSIS KEY
TERMS

18. INTRODUCTION
TO BUSINESS
ANALYSIS
THE BUSINESS ANALYSIS CERTIFICATION PROGRAM