Chapter 2 Flashcards
(49 cards)
What is the Business Analysis Core Concept Model (BACCM)?
- A conceptual framework for business analysis composed of six core concepts: Change, Need, Solution, Stakeholder, Value, Context.
- Encompasses what business analysis is and what it means to those performing business analysis tasks
List the six core concepts of BACCM.
- Change
- Need
- Solution
- Stakeholder
- Value
- Context
- Each one is an idea fundamental to the practice of business analysis and all the concepts are equal and necessary
- No concept is more important than the other
- Instrumental to understanding the type of info elicited, analyzed, or managed in business analysis tasks
What does ‘Change’ refer to in the BACCM?
The act of transformation in response to a need, improving the performance of an enterprise.
These improvements are deliberate and controlled through business analytics activities
Define ‘Need’ in the context of BACCM.
A problem or opportunity to be addressed that motivates stakeholders to act.
Changes can also cause needs by eroding or enhancing the value delivered by existing solutions
What is a ‘Solution’ according to BACCM?
A specific way of satisfying one or more needs in a context.
Satisfies a need by resolving a problem faced by stakeholders or enabling stakeholders to take advantage if an opportunity
Who is considered a ‘Stakeholder’?
A group or individual with a relationship to the change, the need, or the solution.
Stakeholders are often defined in terms of interest in, impact on, and influence over the change. Stakeholders are grouped based on their relationship to the needs, changes, and solutions.
What does ‘Value’ represent in BACCM?
The worth, importance, or usefulness of something to a stakeholder within a context.
Can be seen as a potential or realized returns, gains, and improvements. It is also possible to a have a decrease in value in the form of losses, risks, and costs
Value can be tangible or intangible.
Tangible value is directly measurable. Tangible value often has a significant monetary component.
Intangible value is measured indirectly. It often has a significant motivational component, such as a company’s reputation or employee morale.
In some cases value can be assessed in absolute terms, but in many cases is assessed in relative terms: one solution option is more value than another form the perspective of a given set of stakeholders
Explain ‘Context’ as per BACCM.
The circumstances that influence, are influenced by, and provide understanding to the change
Changes occur within a context. The context is everything relevant to the change that is within the environment. Context include attitudes, behaviors, beliefs, competitors, culture, demographics, goals, governments, infrastructure, languages, losses, processes, products, projects, sales, seasons, terminology, technology, weather, and any other element meeting the definition.
What is the purpose of the BACCM?
- To describe the profession of business analysis, communicate with common terminology, evaluate relationships of key concepts, and perform better business analysis by holistically evaluating the relationship of the concepts
- Evaluate the impact of those concepts and relationships during work to establish a foundation and path forward
Define ‘Business Analysis’.
The practice of enabling change in an enterprise by defining needs and recommending solutions that deliver value to stakeholders.
What is meant by ‘Business Analysis Information’?
- The broad and diverse sets of info that business analysts analyze, transform, and report. It is info of any kind - at any level of detail - that is used as an input to, or is an output of, business analysis work.
- Examples of business analysis info include elicitation results, requirements, designs, solution options, solution scope, and change strategy. It is essential to expand the object of many business analysis activities from ‘requirements’ to ‘information’ to ensure that all inputs and outputs of business analysis are subject to the tasks and activities described in BABOK Guide
- For example when performing ‘Plan Business Analysis Information Management’ it includes all examples listed above. If BABOK. Guide described ‘Plan Requirements Management’, it would exclude important outputs like elicitation results, solution options, and change strategy.
What is the definition of a ‘Requirement’?
A usable representation of a need focusing on the value that could be delivered if fulfilled.
What are ‘Business Requirements’?
Statements of goals, objectives, and outcomes that describe why a change has been initiated.
They can apply to the whole of an enterprise, a business area, or a specific initiative
What do ‘Stakeholder Requirements’ describe?
The needs of stakeholders that must be met to achieve the business requirements.
They may serve as a bridge between business and solution requirements
Differentiate between ‘Functional Requirements’ and ‘Non-Functional Requirements’.
- Functional Requirements: Describe capabilities in terms of behavior and info managed by the solution.
- Non-Functional Requirements:
Describe conditions or qualities under which the solution must remain effective. Do not relate directly to the behaviour of functionality of the solution
What are ‘Transaction Requirements’?
Capabilities the solution must have for the transition from current to future state, not needed once the change is complete.
They are differentiated from other requirement types because they are of a temporary nature. Transition requirements address topics such as data conversion, training, and business continuity
Who are the ‘End Users’? (Generic list of stakeholder)
Stakeholders who directly interact with the solution.
End users can include all participants in a business process or who use the product or solution
What is the role of a ‘Project Manager’? (Generic list of stakeholder)
Responsible for managing the work required to deliver a solution that meets a business need.
For ensuring that the projects objectives are met while balancing the project factors including scope, budget, schedule, resources, quality, and risk
- Common project manager roles
* Project lead, technical lead, project manager,
and team leader
True or False: The distinction between requirements and designs is always clear.
False.
What is the significance of continuously asking ‘why?’ in business analysis?
To ensure requirements or designs provide value to the enterprise and facilitate achieving its goals.
Fill in the blank: A ______ is a proposal for doing or achieving something.
Plan
What is the main responsibility of a ‘Tester’?
To determine how to verify that the solution meets the requirements defined by the business analyst.
What does ‘Risk’ refer to in business analysis?
The effect of uncertainty on the value of a change, solution, or enterprise.
Core concepts can be used by business analysts to consider the quality and completeness of the work being done.
While planning or performing a task or technique, business analysts can consider how each core concept is addressed by asking questions such as:
- What are the kinds of changes we are doing?
- What are the needs we are trying to satisfy?
- What are the solutions we are creating or changing?
- Who are the stakeholders involved?
- What do stakeholders consider to be of value?
- What are the contexts that we and the solution are in?