1. Business Analysis Knowledge Flashcards
What is Business Analysis
the practice of enabling change in an organizational context, by defining needs and recommending solutions that deliver value to stakeholders. identifying and articulating the need for change in how organizations work, and to facilitating that change
Who is a BA?
someone; who’s responsible for discovering, synthesizing, and analyzing information from a variety of sources; who elicits the actual needs of stakeholders in order to determine underlying issues and causes; who identifies and defines the solutions that will maximize the value delivered by an organization to its stakeholders.
What are the core concepts in the BACCM?
Change, Need, Solution, Stakeholder, Value, and Context.
What is Change-Need-Solution?
C: The act of transformation in response to a need.
N: A problem or opportunity to be addressed
S: A specific way of satisfying one or more needs in a context by resolving problems or taking advantage or opportunities
Stakeholder-Value-Context
S: A group or individual with a relationship to the change, the need, or the solution.
V: The worth, importance, or usefulness of something to a stakeholder within a context.
C: The circumstances that influence, are influenced by, and provide understanding of the change
Design
A design is a usable representation of a solution. Design focuses on understanding how value might be realized by a solution if it is built. The nature of the representation may be a document (or set of documents) and can vary widely depending on the circumstances.
Enterprise
An enterprise is a system of one or more organizations and the solutions they use to pursue a shared set of common goals. These solutions (also referred to as organizational capabilities) can be processes, tools or information. For the purpose of business analysis, enterprise boundaries can be defined relative to the change and need not be constrained by the boundaries of a legal entity, organization, or organizational unit.
Organization
An autonomous group of people under the management of a single individual or board, that works towards common goals and continuous objectives.
Plan
A plan is a proposal for doing or achieving something. Plans describe a set of events, the dependencies among the events, the expected sequence, the schedule, the results or outcomes, the materials and resources needed, and the stakeholders involved.
Requirement
A requirement is a usable representation of a need. Requirements focus on understanding what kind of value could be delivered if a requirement is fulfilled.
Risk
Risk is the effect of uncertainty on the value of a change, a solution, or the enterprise.
business requirements
statements of goals, objectives, and outcomes that describe why a change has been initiated. They can apply to the whole of an enterprise, a business area, or a specific initiative.
what are the different types of requirement schemas?
business, stakeholder, solution (functional and non-functional), and transition
stakeholder requirements
describe the needs of stakeholders that must be met in order to achieve the business requirements. They may serve as a bridge between business and solution requirements.
solution requirements
describe the capabilities and qualities of a solution that meets the stakeholder requirements. They provide the appropriate level of detail to allow for the development and implementation of the solution
