Business analysis Flashcards
Describe the business change lifecycle
- Alignment
- Definition
- Design and development
- Implementation
- Realisation
The heart of it is the business case
What are the principles of Business analysis
- Root causes not symptoms
- Business improvement not IT system change
- Options not solutions
- Feasible, contributing requirements, not meeting all requests
5 Entire business change lifecycle, not just requirements definition
6 Negotiation not avoidance
Describe the variants of the BA role
- Technical Business Analyst
- Business Process Analyst
- Senior Business Analyst
- Business Architect
what is alignment
Aligning the organisation to the external environment - this is where business strategy is created
What is definition
Looks at the options for change in order to accomplish the strategy
What is Design and development
Taking the big picture view (POPIT) and breaking it down into requirements. Requirements should be across the whole POPIT
What is implementation
This is about applying the change to make the AS-IS to become the TO-BE
What is realisation
this looks at
supporting new change,
measuring if the perceived benefits have been reached
The aim is for the new changes to become business as usual
What are the concepts of the T-shaped professional
Horizontal - a varied breadth of knowledge and skills - generalist (teamwork/communication/networking/critical thinking)
Vertical - Detailed knowledge and skill within a certain domain -Specialist ( stakeholder engagement/ requirements elicitation/ process modelling/ data modelling)
Identify the three areas of competency for a BA
Personal, business, professional
Describe business analysis and the strategic context
Strategic context is the ‘big picture’ think united kingdom vs towns/cities
Mission statement - what is your core purpose in life
Values - how would your peers describe you
Vision - What is the single biggest aspiration that you have (in the next 5 years)
Strategy/Strategic priorities - What are 2/3 things that you will do to make your vision a reality
Current state informs the strategy execution that leads to the future state then they use performance measurement which builds the current state view
Techniques used to analyse the current state:
Strengths/weaknesses
- Internal environmental analysis (VMOST/ Balance scorecard/ Performance measurement)
Opportunities/threats
External environmental analysis
- PESTLE
Define the factors assessed using PESTLE to analyse an external environment
Political, economic, social, technological advancements, legal, environmental
Identify the elements of the VMOST technique used to analyse an internal
environment
Vision, mission, objectives, strategy and tactics
Describe the following elements of performance measurement
1. Critical success factors
2 Key Performance Indicators (KPIs
CSF is a qualitative statement such as improve customer experience
KPIs are the quantitative measurement of these targets such as 10% reduction in complaints
you can’t have CSF without KPIs or you can’t measure success
Describe structure of a SWOT
Strengths/weaknesses (internal factors)
Opportunities/weaknesses (external factors)