Chapter 1--Introduction to Business Analysis Flashcards
What is Business Analysis?
Business analysis is the practice of enabling change in an enterprise by defining
needs and recommending solutions that deliver value to stakeholders.
The activities that business analysts perform include:
- understanding enterprise problems and goals,
- analyzing needs and solutions,
- devising strategies,
- driving change, and
- facilitating stakeholder collaboration.
The six BABOK knowledge areas are:
- Business Analysis Planning and Monitoring
- Elicitation and Collaboration
- Requirements Life Cycle Management
- Strategy Analysis
- Requirements Analysis and Design Definition
- Solution Evaluation
Business Analysis Planning and Monitoring:
describes the tasks that
business analysts perform to organize and coordinate the efforts of
business analysts and stakeholders. These tasks produce outputs that are
used as key inputs and guidelines for the other tasks throughout the
BABOK® Guide.
Elicitation and Collaboration:
describes the tasks that business analysts
perform to prepare for and conduct elicitation activities and confirm the
results obtained. It also describes the communication with stakeholders
once the business analysis information is assembled and the ongoing
collaboration with them throughout the business analysis activities.
Requirements Life Cycle Management:
describes the tasks that business
analysts perform in order to manage and maintain requirements and design
information from inception to retirement. These tasks describe establishing
meaningful relationships between related requirements and designs, and
assessing, analyzing and gaining consensus on proposed changes to
requirements and designs.
Strategy Analysis:
describes the business analysis work that must be
performed to collaborate with stakeholders in order to identify a need of
strategic or tactical importance (the business need), enable the enterprise to address that need, and align the resulting strategy for the change with
higher- and lower-level strategies.
Requirements Analysis and Design Definition:
describes the tasks that
business analysts perform to structure and organize requirements
discovered during elicitation activities, specify and model requirements and
designs, validate and verify information, identify solution options that meet
business needs, and estimate the potential value that could be realized for
each solution option. This knowledge area covers the incremental and
iterative activities ranging from the initial concept and exploration of the
need through the transformation of those needs into a particular
recommended solution.
Solution Evaluation:
describes the tasks that business analysts perform to
assess the performance of and value delivered by a solution in use by the
enterprise, and to recommend removal of barriers or constraints that
prevent the full realization of the value.
Tasks
A task is a discrete piece of work that may be performed formally or informally as
part of business analysis.