Business Analysis Concepts Flashcards
What are the six core principles of Business Analysis? Business Analysis Core Concept Model™ (BACCM™)
Change, Need, Solution, Stakeholder, Value and Context
Name some of the most important types of risks in a business
Financial risk, operational risk, reputational risk
What is the POPIT model?
Process: The definitions of the processes, how they are communicated
to the business staff, the level of IT support, the documentation
used when carrying out the processes.
Organisational context:
The management structure and governance approach, the definition of job roles and responsibilities, the lines of communica-
tion and authority, the working relationships across functional
boundaries.
People: The skills of the people, their motivation levels, their awareness
of the business objectives they are required to support.
Information and
Technology: The information needs for the business, the technology support
that delivers the information and supports the processes
What is the agile manifesto for business analysts? (modified version of agile manifesto)
- Flexibility of approach over methods and processes.
- Holistic Solutions over working software.
- Relevant artefacts over comprehensive documentation.
- Team collaboration over directive governance.
What are the three main aspects of Systems Thinking?
- Emergent Properties: additional properties emerge from the synthesis of the elements of a system.
- Activities and supporting tools, rules and information.
- Rationale (the why)
What are the main aspects of Lean Thinking?
Lean approach offers a “horizontal” view, because it represents the set of processes (from diff parts of the organisation) that together deliver products or services to customers (“value chain” view). All functions within the system work together. Lean thinking focuses on optimising the workflows through the horizontal value stream that exists to deliver the organisation´s value proposition.
