PT M2 - Lists (Business Analysis) Flashcards
3 Skills Most Desirable for a Business Analyst
- Communication Skills
- Leadership Skills
- Knowledge of Tools/Ability to Analyze
3 Stakeholders who take part in business analysis and are internal team members
- Business Analyst
- Sponsor
- Project Team
2 Essential Documents for a Project Manager to Understand a Project’s Objectives Before the Project Begins.
- The Business Case
- The Benefits Management Plan
3 Elements that are Part of the Project Benefits Management Plan
- Target Benefit
- Strategic Alignment
- The Benefits/Product Owner
2 Main Documents of the Business Case
- Project Business Documents
- Benefits Management Plan
3 Critical Areas in Business Analysis that should be known to the Business Analyst
- Company Culture
- Company Processes
- Knowledge & Skills of the People
3 Objectives of Business Analysis
- Manage Risks & Reduce Rework
- Manage Defects in Delivered products
- Manage Stakeholder Satisfaction
2 Elements Related in a Communications Matrix
- 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.
3 EEF’s the Business Analyst Should Consider when Developing the Business Case
Intangible Factors (Not Written Down)
- Stakeholder Expectations
- Risk Tolerance of the Organization
- Geographical Distribution of Necessary Resources
What does EEF & OPA stand for?
- Enterprise Environmental Factor (Intangibles, not written down)
- Organization Process Asset (Tangibles, written down)
3 Stakeholders the Business Analyst Must Interact With
- Client
- Sponsor
- Project Manager
3 Factors to be Considered when Choosing the most Appropriate Communication Technology in a Project
- Ease of Use
- The Urgency of the Need for Information
- Availability and Reliability of the Technology
3 Different Communication Methods
- Push Communication
- Pull Communication
- Interactive Communication
3 Components of the Communications Management Plan
- The Information to be Communicated
- The Person Responsible for Communication
- The Method or Technology Used
3 Elements that are a part of the Communication Model
- Sender
- Receiver
- Feedback
3 Questions the Business Analyst should Ask Himself Before Compiling the Requirements?
- 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?
What does INVEST stand for?
- Independent
- Negotiable
- Valuable
- Estimable
- Small
- Testable
Types of Requirements Collected by the Business Analyst
- Functional Requirements
- Business Requirements
- Stakeholder Requirements
3 Categories that OPA’s can be Grouped during Business Analysis
- Expert Knowledge of the Team
- Corporate Knowledge Bases
- Business Analysis Processes, Policies, and Procedures
3 tools that help a business analyst to identify problems and opportunities that may appear during a project
- Interviews
- Prototypes
- Comparative Studies/Benchmarking
5 Project Roadmap Components
- Project Goals & Objectives
- Main Deliverables
- A Timeline for those Deliverables
- Potential Risks
- Dependencies
3 Tools or Techniques used in the Development of the Product Roadmap
- Facilitated Workshops
- Product Vision
- Story Mapping
3 Essential Elements in a Requirements Traceability Matrix
- Requirement Owner
- Requirement Description
- Requirement Acceptance Criteria
The Application Definition of Business Analysis
- 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
3 processes that the business analyst must carry out to achieve the commitment of the stakeholders in the project and improve communication with them
- Identify the stakeholders
- Determine the approach to communication and the participation of the stakeholders
- Manage the commitment and communication of the stakeholders
What needs to occur before you can close a predictive project?
- Requirements must be approved
- Team must finish the work
- Client must validate the deliverables
