What is the BABOK® ?

What is the BABOK® ?

As stated in the BABOK® guide V3,

“The Business Analysis Body of Knowledge® (BABOK® Guide) is the globally recognized standard for the practice of business analysis.

The BABOK® Guide describes business analysis knowledge areas, tasks, … Read the rest

Elicitation and collaboration

As a business analyst, you have to be able to understand the needs of the business. In order to do this you have to obtain information, we use elicitation and collaborative techniques to do this.

Elicitation is the way in … Read the rest

Benchmarking and market analysis for business analysts

Benchmarking and market analysis are administered to enhance the organizational operations, improve customer satisfaction, and increase value to stakeholders.

Benchmark studies are used to compare organizational practices against industry standards.

Industry best practices may be derived from competitor enterprises, the … Read the rest

Balanced scorecard in business analysis

The balanced scorecard tool is used to manage performance in business models, organizational structures, or business processes.

The balanced scorecard is a vital planning and management tool used to evaluate organizational performance which exceeds conventional financial measures.

It is result … Read the rest

Backlog management in business analysis

Business analysts use backlog management to document, track, and prioritize left over work items.

A backlog happens when the amount of work items that are yet to be completed are more than the resources available to complete them.

Backlog management … Read the rest