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Tag: analysis

Lessons learned in business analysis

Lessons learned in business analysis

Business analysts use the lessons learned process to compose and document successes, opportunities for improvement, failures, and recommendations for enhancing the performance of future projects.

A lessons learned or retroactive session is used to spot either changes to the business … Read the rest

Author The Functional BAPosted on 30 December 201917 August 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

Item tracking in business analysis

Item tracking in business analysis

Item tracking is used to document and assign responsibility for issues and
stakeholder concerns that could affect the solution.

Item tracking is a structured approach used by business analysts to respond to various stakeholder concerns. Examples of stakeholders concerns include … Read the rest

Author The Functional BAPosted on 29 December 201917 August 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

Interview techniques for business analysts

Interview techniques for business analysts

An interview is a structured approach created to obtain business analysis
information from a person or group of people by talking to the them, asking pertinent questions, and recording their responses.

An interview can also be used to establish relationships … Read the rest

Author The Functional BAPosted on 28 December 201917 August 2020Categories Business Analysis Key Concepts, TechniquesTags analysis, Business Analysis

Business analysis glossary

Business analysis glossary

A glossary describes the essential terms that are important to a business domain. They are used to provide the stakeholders with a shared understanding of domain terminologies.

A glossary is a list of terms in a specific domain with descriptions … Read the rest

Author The Functional BAPosted on 26 December 201917 August 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis2 Comments on Business analysis glossary

Functional decomposition in business analysis

Functional decomposition in business analysis

Functional decomposition is the analysis of complex systems by breaking them down into smaller simpler elements.

It involves breaking down processes, systems, functional areas, or deliverables into simpler components, so that each part can be analyzed separately.

By breaking down … Read the rest

Author The Functional BAPosted on 25 December 20192 November 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

Business analysis focus groups

Business analysis focus groups

A focus group is a way of gathering ideas and opinions about a particular product or service in a collective group environment. The participants, led by a facilitator, would express their opinions, inclination, and needs.

A focus group is made … Read the rest

Author The Functional BAPosted on 24 December 201918 August 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

Financial analysis for business analysts

Financial analysis for business analysts

Business analysts use financial analysis to understand the financial features of a solution.

Financial analysis is the evaluation of the expected financial realization, stability, and benefits of an investment option. It includes an examination of the total cost of the … Read the rest

Author The Functional BAPosted on 23 December 201918 August 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

Estimation techniques for business analysts

Estimation techniques for business analysts

Estimation techniques are used to forecast the cost and effort involved in following a particular course of action such as the implementation of a solution.

Estimation techniques are used to help organizations make strategic business decision by analyzing the following. … Read the rest

Author The Functional BAPosted on 22 December 20192 November 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

Document analysis for business analysts

Document analysis for business analysts

Document analysis is used by business analysts to obtain information, by scrutinizing available materials that describe the business domain.

Document analysis may be used to gather background information in order to understand the context of a business need, or to … Read the rest

Author The Functional BAPosted on 21 December 201918 August 2020Categories Business Analysis Key Skills, TechniquesTags analysis, Business Analysis

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