BCS Foundation Total Flashcards
What are the stages in the Business change lifecycle
Alignment, Definition, Design, Implementation, Realisation
Whats the Alignment stage in the Business change lifecycle
Analysis of the organisation, Its business needs and requirements
What are the two sides of business analysis
Strategic analysis and IT Systems analysis
What is IT system analysis
IT work uses specific techniques to define the IT requirements and evaluate software
Business analysis bridges ___________
Strategic analysis with IT systems analysis
What are the four key areas of the Holistic approach for BA
Processes, People, Organisation and Technology
Key elements of the role and responsibilities of a Business analyst
- To investigate business systems taking a holistic approach
- To evaluate actions to improve operations of a business system
- To document the business requirements for the IT system using appropriate documentation standards
Define T shaped people
Deep knowledge and skills of a specific domain, yet multi-disciplinary breadth of knowledge and skill
What is the Horizontal profile of a T-shaped business analyst
Personal qualities, Business knowledge
What is the Vertical profile of a T-shaped business analyst
Professional techniques
What are the three competencies categories of a BA
Professional qualities, Business knowledge and Professional Techniques
Provide a definition of strategy
The long term direction of an organisation
What do we need to consider concerning strategy
- Goal or mission
- Timeframe for the strategy
- Resources required
- Environment
Why is strategy important ?
- Provides foundation for the organisation to succeed execution with its external and internal environment
Provide some reasons why its important for the Business analyst to understand the strategic context
- Analyse and discuss
- Build credibility when discussing organisation with stakeholders
-Question the appropriateness
- Analyse the effectiveness of a strategy
- Provide leadership and influence
What is strategy choice dependent on ?
- Organisational culture
- Decision making process
- Domain complexity
- Organisation size
- Ambitions and beliefs
- Wants and needs to key stakeholders
What are the three levels of strategy
Corporate level strategy, Strategic business unit and Operations level strategy
What is the corporate level strategy concerned with ?
Concerned with the overall purpose of the business
What is the strategic business unit concerned with
Address particular areas of product pricing, customer focus and competitive advantage within their own areas
What is operation level strategy concerned with
Delivery of corporate and SBU strategies by making sure the organisation is effectively deploying resources people and processes
What is adaptive strategy development
Concerned with the development of viable match between opportunities and risks present in the external environment and the organisations capabilities and resources for exploiting these opportunities
What are some are the characteristics of adaptive strategy development?
- Iterative development
- Deployment of viable products at low cost to quickly gain feedback
- Products and service evolve in alignment with this feedback
Drawback of Adaptive development
- If an organisation is risk averse
- If there major consequences to failure
- Constant adaption may lead to communication issues when discussing strategy
Define the Hybrid method
- Organisations that blend linear and adaptive development approach
Provides some drawbacks of the linear strategy development
- Slower reactions to changes externally and internally
To understand strategic context relative to an organisation necessary to ask the right questions to provide the building blocks for strategic development, these include:
- Organisations current state
- Organisations target state
- Plan to move between current state to target state
List what would be used to Investigate the external environment ?
PESTLE and Porters Five forces
Does VMOST analyse the External and Internal Environment
Internal
Whats the point of Strategy analysis VMOST
Provides approach for the development and assessment of strategy
List the elements of VMOST
Vision, Mission, Objective, Strategy and Tactics
What is Vision in VMOST
Defines the target state for the organisation
What is Mission in VMOST
Describes what an organisation does or will do
Whats the main objective when using using VMOST to assess the internal strategic environment
The goal is to assess whether the elements within VMOST are a source of strength or weakness to the organisation
List the contextual issues when implementing strategies
- Time
-Scope
-Capability
-Readiness - Strategic leader/management
What is Mckinsey’s 7’s model
-Strategy
- Structure
-Systems
-Style
-Staff
-Skills
-Shared Values
What is a balanced scorecard (Internal strategy analysis)
Provides a means by which to assess the breadth and balance of goals and objectives the organisation uses to measure strategic performance
What is resource audit (Internal strategy analysis)
Analysis technique used to understand the current state of an organisations resources and competencies
What four components are touched on in the resource audit ?
- Financial
- Internal business process
- Learning and growth
- Customer
What is a Critical Success Factor
Few key areas that must go right for the business to achieve its goals
What is a KPI
Indicator that we measure on a regular basis that will indicate whether we are making progress towards achieving the associated CSF
What is Gap Analysis ?
Method of assessing the performance of a business unit to determine whether the business requirement or objectives are being met and if not , what steps should be taken to meet them
Define the Business model canvas
- Business model is used to refer to the way an organisation is designed to deliver products and services to customers
- Business model helps to align the work of the organisations with desired outcomes
- How an organisation manages, creates and delivers value
What is a Target operating model?
Describe how a business to be established to support the execution of strategy
What is the primary purpose of the Target operating model?
Primary purpose of the TOM is to enable the application of a corporate vision or strategy to a business operation
TOM should cover ______
POPIT
List the components of the POPIT model
- People
- Organisation
- Processes
- Information
- Technology
What is the Business analysis service framework ?
- Provides a basis from which the BA role may be adapted to align to an organisation or project context
- States what BA does and why this of benefit
State the key services in the BASF
-Situation investigation and problem analysis
-Feasibility assessment and -business case development
-Business process improvement
-Requirements definition
-Business acceptance testing
-Business change deployment
-Stakeholder management
How many services are there in the BASF
Six
What is not one of the six services but is an auxiliary service ?
Stakeholder engagement
What are the four recipients of Business analysis services ?
External stakeholders
Governance stakeholders
Operational stakeholders
Project stakeholders
Scenarios have a strong link with which other technique ?
Prototyping
Is brainstorming Ideas part of preparing for a workshop ?
No
It is useful to get which role to introduce the workshop and state the objective ?
Business sponsor
Issues of target and performance should be investigated at which organisational level ?
Tactical
Outline some benefits of Questionaires
Can obtain information from large numbers of people; Users spread over wide geographical area; can be used in advance of an interview
Outline some benefits of a workshop
Gain broad view of area under investigation
Increased speed and productivity
Can obtain buy-in
Can gain consensus and group agreement
Prototyping is strongly linked to
Scenario analysis
Describe the service investigation and problem analysis in BASF
Investigate root causes of problems, identify where a business needs exist and shape the project to address this need
Describe the service feasibility assessment and business case development in BASF
Examining the problem or opportunity and potential solutions identified
Developing business options to address these issues and evaluating options for the acceptability and feasibility
What techniques may be used in the feasibility assessment and business case development in BASF
- Business development
-Cost/benefit analysis
Business process is initiated by __________________ Is achieved
Business process is initiated by a business event and concludes when the goal of the process has been achieved
What is the requirement definition service in BASF concerned with?
Concerned with eliciting, analysing and defining the requirements that are fulfilled by a new or enhanced business or IT system
What is Business change deployment concerned with in BASF ?
concerned with delivery and adoption of business change solutions
Provide support for realising business benefits
Ensuring successful deployment of business change solutions
What is CATWOE ?
CATWOE is a technique that provides a framework for defining and analysing business stakeholder perspectives
What does CATWOE stand for ?
Customer, Actor, Transformation, Worldview, Owner and Environment
What is a partner stakeholder ?
A partner stakeholder is defined as another organisation that an organisation works with.
‘Watch’ is an appropriate action for which of the following stakeholder groups?
High power, No interest
Provide the term: a stakeholder who is in favour of the project but who will not actively support ?
Supporter
To which element of CATWOE does PESTLE relate to
E
True or False: The business activity model is based on a specific stakeholder perspective
TRUE
A given ‘doing’ activity in a BAM will USUALLY depend on which other type of activity or activities?
Enabling or Doing
Each stakeholder perspective requires a separate ___
BAM
Define Business activity Model
builds on the ‘Transformation’ element of the CATWOE technique and allows you to construct the high-level business activities that capture the world view of a particular stakeholder
What comprises the Hierarchy of Business process modelling
Enterprise, Event response, Task-actor
According to Paul Harmon, shareholders of a business would be regarded as being represented by which factor on his organisational model?
Customers
Is procurement a primary activity in Porter’s value chain ?
No
Which of the following defines what an organisation needs to deliver to its customer?
Value proposition