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Proj. Mgmt. Ready > PT M2 - Lists (Business Analysis) > Flashcards

PT M2 - Lists (Business Analysis) Flashcards

1
Q

3 Skills Most Desirable for a Business Analyst

A
  • Communication Skills
  • Leadership Skills
  • Knowledge of Tools/Ability to Analyze
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2
Q

3 Stakeholders who take part in business analysis and are internal team members

A
  • Business Analyst
  • Sponsor
  • Project Team
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3
Q

2 Essential Documents for a Project Manager to Understand a Project’s Objectives Before the Project Begins.

A
  • The Business Case

- The Benefits Management Plan

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4
Q

3 Elements that are Part of the Project Benefits Management Plan

A
  • Target Benefit
  • Strategic Alignment
  • The Benefits/Product Owner
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5
Q

2 Main Documents of the Business Case

A
  • Project Business Documents

- Benefits Management Plan

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6
Q

3 Critical Areas in Business Analysis that should be known to the Business Analyst

A
  • Company Culture
  • Company Processes
  • Knowledge & Skills of the People
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7
Q

3 Objectives of Business Analysis

A
  • Manage Risks & Reduce Rework
  • Manage Defects in Delivered products
  • Manage Stakeholder Satisfaction
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8
Q

2 Elements Related in a Communications Matrix

A
  • Stakeholders
  • Documents or Reports that must be communicated

The objective of the matrix is to organize a project’s communications. It is a table in which the stakeholders appear in columns, and the documents to be distributed appear in rows: Initials or acronyms are used to indicate who should send the document, and who should receive it.

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9
Q

3 EEF’s the Business Analyst Should Consider when Developing the Business Case

Intangible Factors (Not Written Down)

A
  • Stakeholder Expectations
  • Risk Tolerance of the Organization
  • Geographical Distribution of Necessary Resources
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10
Q

What does EEF & OPA stand for?

A
  • Enterprise Environmental Factor (Intangibles, not written down)
  • Organization Process Asset (Tangibles, written down)
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11
Q

3 Stakeholders the Business Analyst Must Interact With

A
  • Client
  • Sponsor
  • Project Manager
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12
Q

3 Factors to be Considered when Choosing the most Appropriate Communication Technology in a Project

A
  • Ease of Use
  • The Urgency of the Need for Information
  • Availability and Reliability of the Technology
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13
Q

3 Different Communication Methods

A
  • Push Communication
  • Pull Communication
  • Interactive Communication
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14
Q

3 Components of the Communications Management Plan

A
  • The Information to be Communicated
  • The Person Responsible for Communication
  • The Method or Technology Used
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15
Q

3 Elements that are a part of the Communication Model

A
  • Sender
  • Receiver
  • Feedback
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16
Q

3 Questions the Business Analyst should Ask Himself Before Compiling the Requirements?

A
  • What information do I need to collect?
  • Where can I find the information on the requirements I need?
  • How will I get the information I need?
17
Q

What does INVEST stand for?

A
  • Independent
  • Negotiable
  • Valuable
  • Estimable
  • Small
  • Testable
18
Q

Types of Requirements Collected by the Business Analyst

A
  • Functional Requirements
  • Business Requirements
  • Stakeholder Requirements
19
Q

3 Categories that OPA’s can be Grouped during Business Analysis

A
  • Expert Knowledge of the Team
  • Corporate Knowledge Bases
  • Business Analysis Processes, Policies, and Procedures
20
Q

3 tools that help a business analyst to identify problems and opportunities that may appear during a project

A
  • Interviews
  • Prototypes
  • Comparative Studies/Benchmarking
21
Q

5 Project Roadmap Components

A
  • Project Goals & Objectives
  • Main Deliverables
  • A Timeline for those Deliverables
  • Potential Risks
  • Dependencies
22
Q

3 Tools or Techniques used in the Development of the Product Roadmap

A
  • Facilitated Workshops
  • Product Vision
  • Story Mapping
23
Q

3 Essential Elements in a Requirements Traceability Matrix

A
  • Requirement Owner
  • Requirement Description
  • Requirement Acceptance Criteria
24
Q

The Application Definition of Business Analysis

A
  • Determine problems and opportunities
  • Identify the needs of a business and recommend viable solutions to meet those needs and support strategic decision making
  • Define benefits and approaches to measure and obtain value, and analyze those results
25
Q

3 processes that the business analyst must carry out to achieve the commitment of the stakeholders in the project and improve communication with them

A
  1. Identify the stakeholders
  2. Determine the approach to communication and the participation of the stakeholders
  3. Manage the commitment and communication of the stakeholders
26
Q

What needs to occur before you can close a predictive project?

A
  1. Requirements must be approved
  2. Team must finish the work
  3. Client must validate the deliverables

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