Module 1 Flashcards
What does the business lifecycle look like?
Realisation > Alignment > Definition > Implementation > Design > Repeat Icon
In the business lifecycle, realisation means…
Looking retrospectively at the Business Case to ensure planned benefits accure and benefits are realised.
In the business lifecycle, alignment means…
Strategic analysis of the organisation to the external ever-changing environment
In the business lifecycle, definition means…
Analysis of the opinions, concerns, knowledge, and ideas in order to identify quantifiable supporting data
In the business lifecycle, implementation means…
Change management, with supporting documentation for training and support
In the business lifecycle, design means…
Changing business, processes, IT, operations, jobs, descriptions, creating and testing before roll out
4 primary points explaining the scope of BA’s
- Investigate business systems
- Evaluate actions
- Document the business requirements
- Elaborate requirements
What does the POPIT model show?
The POPIT model shows the different views of an organisation
4 extra points explaining the scope of BA’s
- Strategy implementation
- Business case production
- Benefits realisation
- Specifications of IT requirements
The holistic approach encourages business analysts to ….
Looks at the root cause of the problem
Strategy deals with…
The goal, timeframe, organisation of resources, the environment with which the business will operate.
Name three strategic analysis categories
Internal Analysis
External Analysis
Strategy Implementation
Name 5 internal strategic techniques
- MOST
- Resource Audit
- Core Competences
- Strength & Weaknesses
- Boston Box
Name 4 external strategic techniques
- PESTLE
- Porter’s forces
- Scenarios
- Opportunities and Threats
Name 3 strategy implementation techniques
- Mckinsey 7-5 model
- Balanced Business Scorecard
- CSF’s & KPI’s
