Fundamentals of Business Analysis

Now a days Business analyst is very important key across the industries also BA play effective roles during project life cycle as I am going to describe fundamentals of Business Analysis.

Fundamentals of Business Analysis

What is Business Analysis?

Business analysis is the set of tasks and techniques used to work as a liaison among stakeholders in order to understand the structure, policies, and operations of an organization, and to recommend solutions that enable the organization to achieve its goals.

In the Beginning…

There was a chaos…..

Fundamentals of Business Analysis

Projects are like a battlefield…….

Fundamentals of Business Analysis

A lot of work was being done….

But it was not always productive….

Fundamentals of Business Analysis

A little Later On…

Organization’s invested in Project Management Practices

Fundamentals of Business Analysis

Why it doesn’t work!!!!!

Only 16.2% of projects will be completed on time and on budget

About 40-56% of projects conflicts can be traced to requirement errors

Finding and fixing requirement errors consumes 70-85% of project rework costs

The average project exceeds its planned time schedule by 120%

About 30% of projects are cancelled before completion

About 52.7% of projects will cost 189% of their original estimates

Conclusion…

expands least effort on requirement analysis …

which is where most errors originate …

and those errors cost most to fix!

And That is why projects doomed.

Fundamentals of Business Analysis

In Today’s Scenario

Now….. The Picture Complete

Fundamentals of Business Analysis

What Has Changed Now…

International Institute of Business Analysis (IIBA) established in 2003 as is an Independent Non-Profit Professional Association, serving the growing field of Business Analysis and will clarify Fundamentals of Business Analysis.

Fundamentals of Business Analysis

Fundamentals of Business Analysis as per IIBA

IIBA defines a Business Analysis…..

The set of tasks and techniques used to

work as a liaison among stakeholders

to understand the structure, policies and operations of an organization

and to recommend solutions that enable the organization to achieve its goals.

Fundamentals of Business Analysis

Putting the Business Analyst in context

Fundamentals of Business Analysis

What is Requirement?

Fundamentals of Business Analysis

Types of Requirements

Business Requirements:

Higher-level statements of the goal, objectives or needs of the enterprise

User Requirements:

Statements of the needs of a particular stakeholder or class of stakeholders

System Requirements:

Describe the behaviour and information that the solution will manage

Fundamentals of Business Analysis

4 C’s of Requirements

Complete

Clear

Correct

Consistent

Functional Requirements

In simpler words, functional requirements state what the system must do. In fact, functional requirements are usually stated by using the “shall” statement.

Business rules

Transaction corrections, adjustments

Administrative functions

Authentication Audit tracking

External interfaces

Certification requirements

Reporting requirements

Historical data

Legal / Regulatory requirements

Non-Functional (ily) Requirements

Constraints or standards that the system must have or comply with. Non-functional requirements define the system’s quality characteristics.

Scalability

Capacity

Availability

Reliability

Recoverability

Maintainability

Performance

Serviceability

Security

Regulatory

Manageability

Data Integrity

Usability

Environmental

Business Analysis Knowledge Areas

Fundamentals of Business Analysis

Enterprise Analysis

Feasibility study

High Level Risk Assessments

Business Cases

Requirement Elicitation

Core BA Activity!

Elicited, not ‘gathered’!

Get ALL the REAL requirements RIGHT

Fundamentals of Business Analysis

What is Elicitation?

The definition of Elicitation is:

To Draw Forth or Bring Out something latent or potential

Ways of Requirement Elicitation


Interview

Survey

Meetings with Focus Group

Meetings with End User

Observation

Prototyping

Where can we go to Elicit Requirements

Users

Managers

Executives

Programmers

Other BA’s

Legacy System Study

GOD

Fundamentals of Business Analysis

I will describe requirement analysis, documentation and many more in my next article on testingnotes. That is also part of fundamentals of business analysis. Hope you all get effective information by reading this article also provide your suggestions if any.

Thanks for reading.

 

 

 

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