Business Analysis Terms Flashcards
What does it mean?
The act of transformation in response to a need
in Business Analysis Knowledge Area
Change
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What does it mean?
A problem or opportunity to be addressed
in Business Analysis Knowledge Area
Need
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What does it mean?
A specific way of satisfying one or more needs in a context.
in Business Analysis Knowledge Area
Solution
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What does it mean?
A group or individual with a relationship to the change, the need, or the solution.
in Business Analysis Knowledge Area
Stakeholder
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What does it mean?
The worth, importance, or usefulness of something to a stakeholder within a context.
in Business Analysis Knowledge Area
Value
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What does it mean?
The circumstances that influence, are influenced by, and provide understanding of the change.
in Business Analysis Knowledge Area
Context
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What does it mean?
A stakeholder from outside the organization who is responsible for the definition and enforcement of standards.
in Business Analysis Knowledge Area
Regulator
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What does it mean?
A stakeholder who is responsible for managing the work required to deliver a solution that meets a business need, and for ensuring that the project’s objectives are met while balancing the project constraints including scope, budget, schedule, resources, quality, and risk.
in Business Analysis Knowledge Area
Project Manager
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What does it mean?
A stakeholder who is responsible for initiating the effort to define a business need and develop a solution that meets that need. They authorize the work to be performed and control the budget and scope for the initiative.
in Business Analysis Knowledge Area
Sponsor
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What does it mean?
A stakeholder with in-depth knowledge of a topic relevant to the business need or solution scope.
in Business Analysis Knowledge Area
Domain Subject Matter Expert
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What does it mean?
The set of processes, rules, guidelines, heuristics, and activities that are used to perform business analysis in a specific context.
in Business Analysis Knowledge Area
Business Analysis Approach
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What does it mean?
A plan to move from the current state to the future state to achieve the desired business objectives.
in Business Analysis Knowledge Area
Change Strategy
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What does it mean?
A stakeholder outside the boundary of a given organization or organizational unit who provides products or services to the organization and may have contractual or moral rights and obligations that must be considered.
in Business Analysis Knowledge Area
Supplier
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What does it mean?
A stakeholder who uses or may use products or services produced by
the enterprise and may have contractual or moral rights that the enterprise
is obliged to meet.
in Business Analysis Knowledge Area
Customer
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What does it mean?
A stakeholder who directly interacts with the solution.
in Business Analysis Knowledge Area
End User
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What does it mean?
An objective, measurable result to indicate that a business goal has been achieved.
in Business Analysis Knowledge Area
Business Objective
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What does it mean?
A stakeholder who has specialized knowledge regarding the mplementation of one or more solution components.
in Business Analysis Knowledge Area
Implementation Subject Matter Expert
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What does it mean?
An individual responsible for determining how to verify that the solution meets the requirements defined by the business analyst, and conducting the verification process.
in Business Analysis Knowledge Area
tester
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What does it mean?
Criteria associated with requirements, products, or the delivery cycle that must be met in order to achieve stakeholder acceptance.
in Business Analysis Knowledge Area
acceptance criteria
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What does it mean?
A human, device, or system that plays some specified role in interacting with a solution.
in Business Analysis Knowledge Area
actor (business analysis)
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What does it mean?
An approach where the solution evolves based on a cycle of learning and discovery, with feedback loops which encourage making decisions as late as possible.
in Business Analysis Knowledge Area
adaptive approach
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What does it mean?
The design, structure, and behaviour of the current and future states of a structure in terms of its components, and the interaction between those components.
in Business Analysis Knowledge Area
architecture
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What does it mean?
Any solution-relevant object that is created as part of business analysis efforts.
in Business Analysis Knowledge Area
artifact (business analysis)
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What does it mean?
A business rule that places an obligation (or prohibition) on conduct, action, practice, or procedure; a business rule whose purpose is to shape (govern) day-to-day business activity.
Also known as operative rule.
in Business Analysis Knowledge Area
behavioural business rule
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What does it mean?
A comparison of a decision, process, service, or system’s cost, time, quality, or other metrics to those of leading peers to identify opportunities for improvement.
in Business Analysis Knowledge Area
benchmarking
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What does it mean?
The aggregated knowledge and generally accepted practices on a topic.
in Business Analysis Knowledge Area
body of knowledge
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What does it mean?
A team activity that seeks to produce a broad or diverse set of options through the rapid and uncritical generation of ideas.
in Business Analysis Knowledge Area
brainstorming
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What does it mean?
An economic system where any commercial, industrial, or professional activity is performed for profit.
in Business Analysis Knowledge Area
business (business world)
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What does it mean?
The practice of enabling change in the context of an enterprise by defining needs and recommending solutions that deliver value to stakeholders.
in Business Analysis Knowledge Area
business analysis
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What does it mean?
Any kind of information at any level of detail that is used as an input to business analysis work, or as an output of business analysis work.
in Business Analysis Knowledge Area
business analysis information
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What does it mean?
A document, presentation, or other collection of text, matrices, diagrams and models, representing business analysis information.
in Business Analysis Knowledge Area
business analysis package
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What does it mean?
Any person who performs business analysis, no matter their job title or organizational role.
in Business Analysis Knowledge Area
business analyst
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What does it mean?
The set of processes, rules, guidelines, heuristics, and activities that are used to perform business analysis in a specific context.
in Business Analysis Knowledge Area
business analysis approach
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What does it mean?
A description of the types of communication the business analyst will perform during business analysis, the recipients of those communications, and the form and frequency of those communications.
in Business Analysis Knowledge Area
business analysis communication plan
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What does it mean?
The scope of activities a business analyst is engaged in during the life cycle of an initiative.
in Business Analysis Knowledge Area
business analysis effort
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What does it mean?
A description of the planned activities the business analyst will execute in order to perform the business analysis work involved in a specific initiative.
in Business Analysis Knowledge Area
business analysis plan
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What does it mean?
The design, structure, and behaviour of the current and future states of an enterprise to provide a common understanding of the organization. It is used to align the enterprise’s strategic objectives and tactical demands.
in Business Analysis Knowledge Area
business architecture
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What does it mean?
A justification for a course of action based on the benefits to be realized by using the proposed solution, as compared to the cost, effort, and other considerations to acquire and live with that solution.
in Business Analysis Knowledge Area
business case
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What does it mean?
A decision that can be made based on strategy, executive judgment, consensus, and business rules, and that is generally made in response to events or at defined points in a business process.
in Business Analysis Knowledge Area
business decision
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What does it mean?
A state or condition that an organization is seeking to establish and maintain, usually expressed qualitatively rather than quantitatively.
in Business Analysis Knowledge Area
business goal
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What does it mean?
A problem or opportunity of strategic or tactical importance to be addressed.
in Business Analysis Knowledge Area
business need
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What does it mean?
An objective, measurable result to indicate that a business goal has been achieved.
in Business Analysis Knowledge Area
business objective
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What does it mean?
A non-practicable directive that controls and influences the actions of an enterprise.
in Business Analysis Knowledge Area
business policy
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What does it mean?
An issue of strategic or tactical importance preventing an enterprise or organization from achieving its goals.
in Business Analysis Knowledge Area
business problem
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What does it mean?
An end-to-end set of activities which collectively responds to an event, and transforms information, materials, and other resources into outputs that deliver value directly to the customers of the process. It may be internal to an organization, or it may span several organizations.
in Business Analysis Knowledge Area
business process
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What does it mean?
A management discipline that determines how manual and automated processes are created, modified, cancelled, and governed.
in Business Analysis Knowledge Area
business process management (BPM)
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What does it mean?
Rethinking and redesigning business processes to generate improvements in performance measures.
in Business Analysis Knowledge Area
business process re-engineering
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What does it mean?
A representation of goals, objectives and outcomes that describe why a change has been initiated and how success will be assessed.
in Business Analysis Knowledge Area
business requirement
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What does it mean?
A specific, practicable, testable directive that is under the control of the business and that serves as a criterion for guiding behaviour, shaping judgments, or making decisions.
in Business Analysis Knowledge Area
business rule
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What does it mean?
The set of activities the enterprise performs, the knowledge it has, the products and services it provides, the functions it supports, and the methods it uses to make decisions.
in Business Analysis Knowledge Area
capability
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What does it mean?
One who is a catalyst for change.
in Business Analysis Knowledge Area
change agent
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What does it mean?
Controlling changes to requirements and designs so that the impact of requested changes is understood and agreed-to before the changes are made.
in Business Analysis Knowledge Area
change control
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What does it mean?
Planned activities, tools, and techniques to address the human side of change during a change initiative, primarily addressing the needs of the people who will be most affected by the change.
in Business Analysis Knowledge Area
change management
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What does it mean?
A plan to move from the current state to the future state to achieve the desired business objectives.
in Business Analysis Knowledge Area
change strategy
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What does it mean?
A cross-functional group of individuals who are mandated to implement a change. This group may be comprised of product owners, business analysts, developers, project managers, implementation subject matter experts (SMEs), or any other individual with the relevant set of skills and competencies required to implement the change.
in Business Analysis Knowledge Area
change team
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What does it mean?
A standard set of quality elements that reviewers use for requirements verification.
in Business Analysis Knowledge Area
checklist (business analysis)
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What does it mean?
The act of two or more people working together towards a common goal.
in Business Analysis Knowledge Area
collaboration
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What does it mean?
A prepackaged solution available in the marketplace which address all or most of the common needs of a large group of buyers of those solutions. A commercial off-the-shelf solution may require some configuration to meet the specific needs of the enterprise.
in Business Analysis Knowledge Area
commercial off-the-shelf (COTS)
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What does it mean?
A structured assessment which captures the key characteristics of an industry to predict the long-term profitability prospects and to determine the practices of the most significant competitors.
in Business Analysis Knowledge Area
competitive analysis
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What does it mean?
A uniquely identifiable element of a larger whole that fulfills a clear function.
in Business Analysis Knowledge Area
component
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What does it mean?
An analysis model that develops the meaning of core concepts for a problem domain, defines their collective structure, and specifies the appropriate vocabulary needed to communicate about it consistently.
in Business Analysis Knowledge Area
concept model
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What does it mean?
An influencing factor that cannot be changed, and that places a limit or restriction on a possible solution or solution option.
in Business Analysis Knowledge Area
constraint (business analysis)
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What does it mean?
The circumstances that influence, are influenced by, and provide understanding of the change.
in Business Analysis Knowledge Area
context
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What does it mean?
One of six ideas that are fundamental to the practice of business analysis: Change, Need, Solution, Context, Stakeholder, and Value.
in Business Analysis Knowledge Area
core concept (business analysis)
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What does it mean?
An analysis which compares and quantifies the financial and non-financial costs of making a change or implementing a solution compared to the benefits gained.
in Business Analysis Knowledge Area
cost-benefit analysis
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What does it mean?
A two-dimensional matrix showing which user roles have permission to access specific information entities, and to create new records in those entities, view the data in existing records, update or modify the data in existing records, or delete existing records. The same type of matrix can be used to show which processes, instead of users, have the create, read, update and delete rights.
in Business Analysis Knowledge Area
create, read, update, and delete matrix (CRUD matrix)
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What does it mean?
A stakeholder who uses or may use products or services produced by the enterprise and may have contractual or moral rights that the enterprise is obliged to meet.
in Business Analysis Knowledge Area
customer
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What does it mean?
An approach to decision making that examines and models the possible consequences of different decisions, and assists in making an optimal decision under conditions of uncertainty.
in Business Analysis Knowledge Area
decision analysis
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What does it mean?
A technique that subdivides a problem into its component parts in order to facilitate analysis and understanding of those components.
in Business Analysis Knowledge Area
decomposition
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What does it mean?
A deficiency in a product or service that reduces its quality or varies from a desired attribute, state, or functionality.
in Business Analysis Knowledge Area
defect
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What does it mean?
A rule that indicates something is necessarily true (or untrue); a rule that is intended as a definitional criterion for concepts, knowledge, or information.
Also known as a structural rule.
in Business Analysis Knowledge Area
definitional business rule
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What does it mean?
Any unique and verifiable work product or service that a party has agreed to deliver.
in Business Analysis Knowledge Area
deliverable
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What does it mean?
A usable representation of a solution.
in Business Analysis Knowledge Area
design
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What does it mean?
An examination of the documentation of an existing system in order to elicit requirements.
in Business Analysis Knowledge Area
document analysis (business analysis)
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What does it mean?
The sphere of knowledge that defines a set of common requirements, terminology, and functionality for any program or initiative solving a problem.
in Business Analysis Knowledge Area
domain
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What does it mean?
A stakeholder with in-depth knowledge of a topic relevant to the business need or solution scope.
in Business Analysis Knowledge Area
domain subject matter expert
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What does it mean?
A project delivery framework which focuses on fixing cost, quality, and time at the beginning while contingency is managed by varying the features to be delivered.
in Business Analysis Knowledge Area
dynamic systems development method (DSDM)
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What does it mean?
Iterative derivation and extraction of information from stakeholders or
other sources.
in Business Analysis Knowledge Area
elicitation
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What does it mean?
A stakeholder who directly interacts with the solution.
in Business Analysis Knowledge Area
end user
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What does it mean?
A system of one or more organizations and the solutions they use to
pursue a shared set of common goals.
in Business Analysis Knowledge Area
enterprise
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What does it mean?
A description of the business processes, information technology, people, operations, information, and projects of an enterprise and the relationships between them.
in Business Analysis Knowledge Area
enterprise architecture
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What does it mean?
An assessment that describes the enterprise is prepared to accept the change associated with a solution and is able to use it effectively.
in Business Analysis Knowledge Area
enterprise readiness assessment
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What does it mean?
A graphical representation of the entities relevant to a chosen problem domain and the relationships between them.
in Business Analysis Knowledge Area
entity-relationship diagram
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What does it mean?
A quantitative assessment of a planned outcome, resource requirements, and schedule where uncertainties and unknowns are systematically factored into the assessment.
in Business Analysis Knowledge Area
estimate
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What does it mean?
The systematic and objective assessment of a solution to determine its status and efficacy in meeting objectives over time, and to identify ways to improve the solution to better meet objectives.
in Business Analysis Knowledge Area
evaluation
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What does it mean?
An occurrence or incident to which an organizational unit, system, or process must respond.
in Business Analysis Knowledge Area
event (business analysis)
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What does it mean?
A prototype that is continuously modified and updated in response to feedback from stakeholders.
in Business Analysis Knowledge Area
evolutionary prototype
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What does it mean?
Elicitation performed in a controlled manner to make a discovery, test a hypothesis, or demonstrate a known fact.
in Business Analysis Knowledge Area
experiment
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What does it mean?
An interaction that is outside the proposed solution. It can be another hardware system, software system, or a human interaction with which the proposed solution will interact.
in Business Analysis Knowledge Area
external interface
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What does it mean?
The art of leading and encouraging people through systematic efforts toward agreed-upon objectives in a manner that enhances involvement, collaboration, productivity, and synergy.
in Business Analysis Knowledge Area
facilitation
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