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2ND GRADING: APPLIED ECONOMICS > MODULE 2 > Flashcards

MODULE 2 Flashcards

1
Q

DIFFERENT TOOLS AND TECHNIQUES

A

SWOT
MOST
BPM ANALYSIS
USE CASE MODELLING
BRAINSTORMING
NON FUNCTIONAL ANLYSIS
PESTEL ANALYSIS
REQUIREMENT ANALYSIS
USER STORIES
CATWOE
MIND MAPPING
PROCESS DESIGN

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2
Q

one of the most popular business techniques used in the industry

A

SWOT ANALYSIS

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3
Q

called the enterprise level analysis techniques and it is used in any stage of the project if the people need it

A

SWOT ANALYSIS

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4
Q

a powerful business analysis framework

A

MOST ANALYSIS

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5
Q

business analysts analyze what an organization does and plans to achieve the goal and what it should do to maintain strategic alignment

A

MOST ANALYSIS

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6
Q

a clear way to understand an organization on its ability and purpose.

A

MOST ANALYSIS

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7
Q

about process improvement

A

BPM ANALYSIS

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8
Q

legacy process often used as a technique during the analysis phase of a project to understand or analyze gaps between existing business process and future

A

BPM ANALYSIS

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9
Q

BPM

A

BUSINESS PROCESS MODELLING

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10
Q

THE 4 TASKS OF BPM ANALYSIS:

A
  • STRATEGIC PLANNING
  • BUSINESS ANALYSIS
  • DEFINING PROCESS AND DESIGN
  • TECHNICAL ANALYSIS
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11
Q

represented in a diagrammatic way where process, decisions and information are represented as sequential workflow

A

BPM

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12
Q

two types notations of BPM

A

BPMN- Business Process Modelling Notation and

UML-Unified Modelling Language Activity Diagram

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13
Q

diagram of BPM

A

improve
model
automate
monitor
analyze

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14
Q

very useful Business Analysis technique to clarify and demonstrate the scope functionality

A

USE CASE MODELLING

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15
Q

____ diagram helps to get the original functional requirements with the business which is more important from the Business Analysts point of view.

A

UML - USE CASE MODELLING

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16
Q

one of the most popular business analysis techniques among the business analyst

A

BRAINSTORMING

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17
Q

targets creative thinking about a problem in order to come up with a new set of ideas, approaches, and options.

A

BRAINSTORMING

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18
Q

works an underlying technology including SWOT and PESTEL analysis

A

BRAINSTORMING

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19
Q

used when a technology solution is changed

A

NON FUNCTIONAL ANALYSIS

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20
Q

business analyst will focus on system performance and data storage requirements to measure the performance factors of the proposed system for live data. This is the easiest technique

A

NON FUNCTIONAL ANALYSIS

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21
Q

Without this analysis obtaining an intended result is relatively impossible. This is performed during the Analysis phase of a project and implemented during the Design phase.

A

NON FUNCTIONAL ANALYSIS

22
Q

NON FUNCTIONAL ANALYSIS is performed during the ____________ of a project and implemented during the _____________.

A

analysis phase
design phase

23
Q

this is focus on the environmental factors which influence business in its strategic planning

A

PESTEL ANALYSIS

24
Q

PESTEL

A

POLITICAL
ECONOMIC
TECHNOLOGICAL
LEGAL
& ENVIRONMENTAL

25
Q

Each factor influences the final decision for the business

A

PESTEL ANALYSIS

26
Q

a simple and easy framework for business analysis. It involves cross functional skills of an analyst with his expertise

A

PESTEL ANALYSIS

27
Q

reduce the potential threats of an organization and it opens up the scopes to exploit the opportunities for entering into new global market.

A

PESTEL ANALYSIS

28
Q

part of the project lifecycle and it starts at the stage when business stakeholders propose a solution

A

REQUIREMENT ANALYSIS

29
Q

business analyst needs to conduct interviews to understand the intention of requirements which include questions, captures, and interprets and workshops.

A

REQUIREMENT ANALYSIS

30
Q

an informal business analysis technique but it is important. This elicits direct stakeholders who are involved in the project which become useful

A

REQUIREMENT ANALYSIS

31
Q

a modern technique mostly used in the Agile model where there is a need for iterations for requirement gathering, designing and building a project.

A

USER STORIES

32
Q

This technique requirements are collected from end users point of views to build the best solution and considered highly effective.

A

USER STORIES

33
Q

a generic thinking for business analysis to understand what a business is trying to achieve.

A

CATWOE

34
Q

It identifies what the problem areas are and how the solution will impact the business and its associated people.

A

CATWOE

35
Q

brings up the different stakeholders’ perceptions on a common platform. It provides a holistic understanding regarding assumption, the integrity of the data, ethical angle.

A

CATWOE

36
Q

It helps a business analyst to prioritize different perspectives depending on its merits.

A

CATWOE

37
Q

CATWOE

A

CUSTOMERS
ACTORS
TRANSFORMATION
WORLD VIEW
OWNER
ENVIRONMENTAL
CONSTRAINTS

38
Q

CATWOE:
who are the beneficiaries?
how does the issue affect the beneficiaries?

A

CUSTOMERS

39
Q

CUSTOMERS

A

who are the beneficiaries?
how does the issue affect the beneficiaries?

40
Q

CATWOE: WHO IS INVOLVED IN THE SITUATION

A

ACTORS

41
Q

CATWOE: WHAT IS THE TRANSFORMATION LYING AT THE HEART OF THE SYSTEM

A

TRANSFORMATION

42
Q

CATWOE: THE BIG PICTURE AND ITS IMPACTS

A

WORLD VIEW

43
Q

CATWOE: WHO IS THE OWNER OF IMPACTED SYSTEM AND HOW THEY ARE RELATED

A

OWNER

44
Q

CATWOE: WHAT ARE THE ENVIROMENTAL CONSTRAINTS AND HOW ALL IT IMPACT THE SOLUTION?

A

ENVIRONMENTAL CONSTRAINTS

45
Q

a very useful and effective business analysis technique that gives a clear and visual understanding of different problems, ideas, thoughts.

A

MIND MAPPING

46
Q

The role of the Business Analyst is to investigate, evaluate problems obtained by clients or stakeholders that can be solved by using maps to get structured details of any ideas, thoughts and information. These techniques ensure that all factors that need to be analyzed are considered.

A

MIND MAPPING

47
Q

MIND MAPPING IS AVAILABLE ONLINE SUCH AS

A

freemind
xmind
mindmap
lucidchart
canva

48
Q

a crucial part of business analysis where a Business Analyst identifies the organization’s process design and their useful and harmful attributes.

A

PROCESS DESIGN

49
Q

essential to solve the problems and exploiting opportunities in order to monitor and measure the effectiveness of business to ensure consistent value delivery to consumers.

A

PROCESS DESIGN

50
Q

can also be described as a future state of any business operations.

A

PROCESS DESIGN

2ND GRADING: APPLIED ECONOMICS (4 decks)

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