General Knowledge Flashcards
Business Analysis
The practice of enabling change in an enterprise by defining needs & recommending solutions that deliver value to stakeholders.
6 BA knowledge areas
- Business Analysis Planning & Monitoring
- Elicitation & Collaboration
- Requirements Life Cycle Management
- Strategy Analysis
- Requirements Analysis & Design Definition
- Solution Evaluation
6 core concepts in the Business Analysis Core Concept Model (BACCM)
- Change
- Need
- Solution
- Stakeholder
- Value
- Context
Change
The act of transformation in response to a need.
Need
A problem or opportunity to be addressed.
Solution
A specific way of satisfying one or more needs in a context.
Stakeholder
A group or individual with a relationship to the change, the need, or the solution.
Value
The worth, importance, or usefulness of something to a stakeholder within a context.
Context
The circumstances that influence, are influenced by, & provide understanding of the change.
Business Analysis Information
Information that BAs analyze, transform, & report.
Design
A usable representation of a solution.
Requirement
A usable representation of a need.
Risk
The effect of uncertainty on the value of a change, a solution, or the enterprise.
Business Requirements
Statements of goals, objectives, & outcomes that describe why a change has been initiated.
Stakeholder Requirements
Describe the needs of stakeholders that must be met in order to achieve the business requirements.