The document provides an overview of key business analysis concepts from the BABOK® Guide, including:
The Business Analysis Core Concept ModelTM (BACCMTM) which is a conceptual framework composed of six core concepts - Change, Need, Solution, Stakeholder, Value, and Context.
Key terms used in business analysis like Business Analysis, Business Analysis Information, Design, Enterprise, Organization, Plan, Requirement.
The Requirements Classification Schema which provides a framework to classify requirements into different categories like Business Requirements, Stakeholder Requirements, etc.
Stakeholders which are individuals or groups that a business analyst interacts with, including roles like the Business Analyst, Customer, End
BUSN350Week 3 Business Problem and RequirementsBusiness.docxhumphrieskalyn
BUSN350
Week 3: Business Problem and Requirements
Business Analysis
The basic idea of business analysis is simple. It is the practice of identifying and clarifying a problem or issue within a company, then working with the various stakeholders to define and implement an acceptable solution. However, actually conducting a business analysis can be quite complex and time-consuming.
Starting Point
The first step in the process is to identify a problem, an issue, or some other business need. Let's say that you are the owner of a small motorcycle dealership. In addition to selling bikes, your store does repairs and maintenance, sells riding gear, and custom orders parts for your customers. You have received numerous complaints from the staff and customers about the accuracy of your inventory system. The problem is the inventory system often shows parts and merchandise as being in stock, when none are actually available. This often means that a repair job is not finished on schedule, which really irritates your customers.
Milestone 1 Assignment Requirements
In a 5-8 page paper using APA format, please describe the following:
1. Introduction– Briefly describe the organization and business process to provide contextfor your project.
2. Business problem– Identify and describe a business problem for your project.
a. Create a flowchart of the current business process using Visio.
b. If you do not have Visio installed on your computer, you can access this application via the iLab tab in the Course Home unit.
3. Identify stakeholders– Provide a stakeholder tracking matrix based on eachstakeholder’s position and responsibilities, the level of their involvement and their importance to the project.
Example of a stakeholder matrix:
Role
Responsibilities
Level of Involvement
Importance
Project Manager
(Business)
Project Manager
(Implementation partner)
Business Analyst
Page 1 of 4
BUSN350
Role
Responsibilities
Level of Involvement
Importance
Department Manager
Work Group Supervisor
External Business Partner
SME 1
SME 2
SME 3
Level of Involvement – What level of involvement and how much time will be expected of each stakeholder?
Importance – How important is the stakeholder in the requirements elicitation process? Are they required in order to document all of the critical project requirements, or are they optional in that they can add clarity to processes that may further refine requirements?
4. Conduct elicitationusing one of the methods listed and provide the documented resultsfrom your activity in the Appendix of your paper:
Surveys – develop a set of 5-8 multiple choice questions pertaining to the business problem that will enable you to document a list of requirements for your project, administer the survey to elicit responses from 10 participants
Interviews – develop a set of 5-8 open-ended questions pertaining to the ...
BUSN350Week 3 Business Problem and RequirementsBusiness.docxhumphrieskalyn
BUSN350
Week 3: Business Problem and Requirements
Business Analysis
The basic idea of business analysis is simple. It is the practice of identifying and clarifying a problem or issue within a company, then working with the various stakeholders to define and implement an acceptable solution. However, actually conducting a business analysis can be quite complex and time-consuming.
Starting Point
The first step in the process is to identify a problem, an issue, or some other business need. Let's say that you are the owner of a small motorcycle dealership. In addition to selling bikes, your store does repairs and maintenance, sells riding gear, and custom orders parts for your customers. You have received numerous complaints from the staff and customers about the accuracy of your inventory system. The problem is the inventory system often shows parts and merchandise as being in stock, when none are actually available. This often means that a repair job is not finished on schedule, which really irritates your customers.
Milestone 1 Assignment Requirements
In a 5-8 page paper using APA format, please describe the following:
1. Introduction– Briefly describe the organization and business process to provide contextfor your project.
2. Business problem– Identify and describe a business problem for your project.
a. Create a flowchart of the current business process using Visio.
b. If you do not have Visio installed on your computer, you can access this application via the iLab tab in the Course Home unit.
3. Identify stakeholders– Provide a stakeholder tracking matrix based on eachstakeholder’s position and responsibilities, the level of their involvement and their importance to the project.
Example of a stakeholder matrix:
Role
Responsibilities
Level of Involvement
Importance
Project Manager
(Business)
Project Manager
(Implementation partner)
Business Analyst
Page 1 of 4
BUSN350
Role
Responsibilities
Level of Involvement
Importance
Department Manager
Work Group Supervisor
External Business Partner
SME 1
SME 2
SME 3
Level of Involvement – What level of involvement and how much time will be expected of each stakeholder?
Importance – How important is the stakeholder in the requirements elicitation process? Are they required in order to document all of the critical project requirements, or are they optional in that they can add clarity to processes that may further refine requirements?
4. Conduct elicitationusing one of the methods listed and provide the documented resultsfrom your activity in the Appendix of your paper:
Surveys – develop a set of 5-8 multiple choice questions pertaining to the business problem that will enable you to document a list of requirements for your project, administer the survey to elicit responses from 10 participants
Interviews – develop a set of 5-8 open-ended questions pertaining to the ...
BA-01A: Enterprise Analysis and Domain ModelingDigiLEAF Inc
This course is a high-level appreciation of the Business Analysis discipline. It explains how business analysis practices enables change in the over-all organizational context, through the definition of needs and recommending solutions that deliver value to stakeholders. The set of tasks and techniques that are used to perform business analysis discussed in this course are defined in: A Guide to the Business Analysis Body of Knowledge® (BABOK® Guide).
In this course, participants will learn how to build real-world models that express complex business requirements to be used as inputs in defining solutions requirements (both functional and non-functional requirements). This course will cover how Business Analysis methods, tools and techniques are being used in the creation or maintenance of Enterprise Architecture.
Presentation slides from my BABOK Study Group that I led.
Those materials will help you pass BABOK certification exams. Study Group was aimed at individuals self preparing to CCBA or CBAP exams.
Please visit my blog: http://zubkiewicz.com/
Using Kano Analysis to prioritise Business Requirements
Noriaki Kano, recipient of the Deming Prize, developed a model to work out what stakeholder requirements are mandatory, which ones are value for money proposition (i.e. more is better,) and which requirements will delight them. This talk introduces the Kano model in the business/software requirements context, and presents a step by step application of the model so that you can delight your stakeholders.
Current Approaches to Standardization of Business Analysis. Presentation held at PMI Romania Chapter Monthly Meeting, hosted by National School of Political and Administrative Studies, Faculty of Management 14.07.2015.
Business Analysis Core Concepts Model (BACCM)Techcanvass
Business Analysis Core concepts Model (BACCM) is the core framework integral to BABOK Guide v3. Core concepts are fundamental to the practice of business analysis as defined in BABOK guide. IIBA BABOK v3 is the new version of BABOK guide for latest version of business analyst certifications.
BA-01A: Enterprise Analysis and Domain ModelingDigiLEAF Inc
This course is a high-level appreciation of the Business Analysis discipline. It explains how business analysis practices enables change in the over-all organizational context, through the definition of needs and recommending solutions that deliver value to stakeholders. The set of tasks and techniques that are used to perform business analysis discussed in this course are defined in: A Guide to the Business Analysis Body of Knowledge® (BABOK® Guide).
In this course, participants will learn how to build real-world models that express complex business requirements to be used as inputs in defining solutions requirements (both functional and non-functional requirements). This course will cover how Business Analysis methods, tools and techniques are being used in the creation or maintenance of Enterprise Architecture.
Presentation slides from my BABOK Study Group that I led.
Those materials will help you pass BABOK certification exams. Study Group was aimed at individuals self preparing to CCBA or CBAP exams.
Please visit my blog: http://zubkiewicz.com/
Using Kano Analysis to prioritise Business Requirements
Noriaki Kano, recipient of the Deming Prize, developed a model to work out what stakeholder requirements are mandatory, which ones are value for money proposition (i.e. more is better,) and which requirements will delight them. This talk introduces the Kano model in the business/software requirements context, and presents a step by step application of the model so that you can delight your stakeholders.
Current Approaches to Standardization of Business Analysis. Presentation held at PMI Romania Chapter Monthly Meeting, hosted by National School of Political and Administrative Studies, Faculty of Management 14.07.2015.
Business Analysis Core Concepts Model (BACCM)Techcanvass
Business Analysis Core concepts Model (BACCM) is the core framework integral to BABOK Guide v3. Core concepts are fundamental to the practice of business analysis as defined in BABOK guide. IIBA BABOK v3 is the new version of BABOK guide for latest version of business analyst certifications.
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https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
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2. 2
It provides business analysts with a basic understanding of the central
ideas necessary for understanding and employing the BABOK® Guide in
their daily practice of business analysis.
It consists of : knowledge areas, tasks, underlying competencies,
techniques and perspectives on to approach business analysis.
Business Analysis Core Concept Model™ (BACCM™)
Key Terms
Requirements Classification Schema
Stakeholders
Requirements and Designs
The Business Analysis Key Concepts
3. 3
The Business Analysis Core Concept Model™
Core Concept Description
Change The act of transformation in response to a need.
Need A problem or opportunity to be addressed.
Solution A specific way of satisfying one or more needs in a context.
Stakeholder A group or individual with a relationship to the change, the
need, or the solution.
Value The worth, importance, or usefulness of something to a
stakeholder within a context.
Context The circumstances that influence, are influenced by, and
provide understanding of the change.
The Business Analysis Core Concept Model™ (BACCM™) is a conceptual framework for
business analysis.
It encompasses what business analysis is and what it means to those performing
business analysis tasks regardless of perspective, industry, methodology, or level in
the organization.
It is composed of six terms:-
6. 6
Stakeholders
A stakeholder is an individual or group that a business analyst is likely to
interact with directly or indirectly.
For the purpose of the BABOK® Guide, the generic list of stakeholders
includes the following roles:
• Business analyst
• Customer
• Domain subject matter expert
• End user
• Implementation subject matter expert
• Operational support
• Project manager
• Regulator
• Sponsor
• Supplier
• Tester
7. 7
Requirements And Designs
A requirement (or set of requirements) may be used to define a
design. That design may then be used to elicit additional
requirements that are used to define more detailed designs.
Requirements are focused on the need; designs are focused on the
solution.
The following table provides some basic examples of how
information may be viewed as either a requirement or a design.
Requirement Design
View six months sales data
across multiple
organizational units in a single
view.
A sketch of a dashboard.
Reduce amount of time
required to pick
and pack a customer order.
Process model.