What is Business Analysis Flashcards
(101 cards)
Chapter 1 - What is Business Analysis
Describe the business change lifecycle?
A = Alignment D = Definition D = Design I = Implementation R = Realization
Enterprise Architecture, Business Environment, Business Strategy are considered as part of Alignment
Chapter 1 - What is Business Analysis
What are the 6 business analysis principles?
- Root cause not symptoms
- Business improvement not IT system change
- Options not solutions
- Feasible contributing requirements, not meeting all requests
- The entire business change lifecycle, not just requirements definition
- Negotiation not avoidance
Chapter 1 - What is Business Analysis
What are the 5 variants of business analysts?
- Business BA/Enterprise BA
- Technical BA/Business Systems Analyst
- Digital BA
- Project BA
- Proxy Product Owner
Chapter 2 - Competencies of a Business Analyst
What is the T-Shaped Professional (generic)?
Horizontal = Multi disciplinary breadth of knowledge and skill broad, generic skills across other disciplines. Vertical = Deep knowledge and skill of specific domain (specialist discipline)
Chapter 2 - Competencies of a Business Analyst
What are the 3 attributes of a T-Shaped professional as applies to a BA?
- Personal Qualities
- Professional Techniques
- Business Knowledge
Chapter 3 - Strategic Context for a BA
Describe business analysis and the strategic context.
- Analyse and discuss strategic approaches and priorities.
* Build credibility when discussing the organisation with stakeholders.
Chapter 3 - Strategic Context for a BA
What is the external environment analysis tool?
PESTLE
Political influences Economic influence Socio-cultural influences Technological influences Legal Influences Environment influences
Can be used in brain-storming, idea shower or workshops.
Chapter 3 - Strategic Context for a BA
What is the internal environment tool?
VMOST
Vision Mission Objectives Strategy Tactics
Chapter 3 - Strategic Context for a BA
What are CSF’s?
Critical success factors.
Chapter 3 - Strategic Context for a BA
What are KPI’s?
Key performance indicators (multiple KPI’s can be used to measure a single CSF)
Chapter 3 - Strategic Context for a BA
What does SMART (language) stand for?
Specific Measurable Achievable Relevant Time-framed
Chapter 3 - Strategic Context for a BA
Strategic gap analysis uses what tool?
POPIT
People Organisation Processes Information Technology
Chapter 3 - Strategic Context for a BA
Describe the structure of a SWOT analysis
Internal Strengths Weaknesses
External Opportunities Threats
Positive Negative
Chapter 3 - Strategic Context for a BA
Describe the following techniques used in strategy execution (Business Canvas Model)
- Business canvas model (BMC) is a business plan on a page and refers to the way an organisation is designed to deliver products and services to customers. This provides a means through which to develop and execute strategy.
Business models help to align the work of the organisation with desired outcomes. They can be used to assess the current and target state and to identify and plan changes.
Chapter 3 - Strategic Context for a BA
Describe the following techniques used in strategy execution (POPIT and the business model canvas)
- POPIT - the target operating model should consider all elements of POPIT.
People - what knowledge and skills will people need in the target state?
Organisation - who will be the key partners and suppliers?
Process - which processes will be used in the target state?
Information - what changes will be made to the capture, storage and analysis of data and information?
Technology - what technology will be used in the target state? - Business model cavas (BMC) is a business plan on a page and refers to the way an organisation is designed to deliver products and services to customers. This provides a means through which to develop and execute strategy.
Business models help to align the work of the organisation with desired outcomes. They can be used to assess the current and target state and to identify and plan changes.
Chapter 3 - Strategic Context for a BA
What are the 9 business model canvas segments
- Customer Segments
- Value Propositions
- Channels
- Customer Relationships
- Revenue Streams
- Key Resources
- Key Activities
- Key Partners
- Cost Structure
Chapter 4 - Business Analysis Service Framework
What are the 6 services of BASF?
- Situation investigation and problem analysis.
- Requirements definition
- Feasibility assessment and business case development
- Business acceptance testing
- Business process improvement
- Business change deployment
Chapter 4 - Business Analysis Service Framework
What are the 3 segments of value co-creation?
- Collaborating to identify where value might be achieved.
- Collaborating to develop a solution that offers value.
- Collaborating to ensure the value is realised.
Chapter 5 - Investigating the Business Situation
What are the 2 types of business situation investigation types?
- Qualitative (Abstract and wordy)
Workshops, observation, interviews, scenarios, prototyping and user role analysis. - Quantitative (Measurable)
Surveys/questionnaires, activity sampling, document analysis
Chapter 5 - Investigating the Business Situation
What are the advantages of workshops?
- Gain a broad view of the area under investigation
- Increase speed and productivity
- Obtain buy-in and acceptance for the project
- Gain a consensus view or group agreement
Chapter 5 - Investigating the Business Situation
What are the disadvantages of workshops?
- Can be time consuming
- Level of authority and decision making need to be considered
- Undue influence of dominant personalities
Chapter 5 - Investigating the Business Situation
What are the 2 types of workshop categories?
- Discovery (Round robin, brain storming/brain writing, post-it notes
- Visualisation (Process models, rich pictures, mind-maps)
Chapter 5 - Investigating the Business Situation
What is a special type of workshop used to bring the business and development teams together to solve business problems and using prototypes to define functionality?
- Hothouse workshop
Chapter 5 - Investigating the Business Situation
What is a special type of workshop used to bring together a group of people with a common interest to discuss a topic?
- Focus groups