What Is Business Analysis? Flashcards

1
Q

The potential range of the business analyst role can span across three areas. Name them

A

Strategic analysis and definition
Business analysis
IT systems analysis

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2
Q

Realising Business Benefits

A

Ensuring that changes are assessed in terms of the impact upon the business case and, at a later point, supporting the assessment of whether or not predicted business benefits have been realised.

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3
Q

The POPIT model stands for…

A
Processes 
Organisation
People
Information
Technology
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4
Q

The agile manifesto values … over processes and tools

A

Individuals and interactions

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5
Q

The agile manifesto values … over comprehensive documentation

A

Working software

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6
Q

The agile manifesto values … over contract negotiation

A

Customer collaboration

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7
Q

The agile manifesto values … over following a plan

A

Responding to change

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8
Q

The agile manifesto values individuals and interactions over …

A

Processes and tools

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9
Q

The agile manifesto values working software over …

A

Comprehensive documentation

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10
Q

The agile manifesto values customer collaboration over …

A

Contract negotiation

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11
Q

The agile manifesto values responding to change over …

A

Following a plan

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12
Q

What are the three levels of maturity on the Business Analysis Maturity Model

A

System improvement
Process improvement
Business improvement

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13
Q

Name the two axis on the business analysis maturity model

A

Scope and authority

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14
Q

Name the five levels of the capability maturity model integration

A
  1. Initial
  2. Managed
  3. Defined
  4. Qualitatively managed
  5. Optimising
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15
Q

Name Porter’s Five Forces

A
  1. Threat of new entrants
  2. Threat of substitute products or services
  3. Bargaining power of suppliers
  4. Bargaining power of buyers
  5. Industry competitors - rivalry amongst existing firms
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16
Q

Names some weaknesses of Porter’s five forces model

A

Government is not treated as the sixth force. It is played through each of the five forces.

It’s difficult to apply to not for profit organisations.

17
Q

What are PESTLE and Porters Five Forces used for?

A

External environment analysis

18
Q

External environment creates …

A

Opportunities and threats

19
Q

What is the MOST analysis technique used for?

A

To understand the current business positioning

20
Q

What is the Resource Audit used for?

A

It can help to identify core competencies or may highlight where there is a lack of competences.

21
Q

Three generalised investigation techniques

A

Surveys
Observation
Workshops

22
Q

Three detailed investigation techniques

A

Document analysis
Scenario analysis
Prototyping

23
Q

Gap Analysis

A

Understanding where we want to be and by looking where we are now, identify what needs to change to take us there