Jul 31

Business Analysis: An Overview #Business Analysis

  • Before 19th century no one systematically studied the effectiveness o f the different approaches of management
  • Business Analysis – is a very recent profession. Due to the radical change in information management and communication businesses needed a new way of analysis – hence, the profession came into play
  • The profession came into existence during the information technology boom in 1980 – 1990
  • When businesses created a new profession to serve the purpose that a System Analyst does in IT – the profession became the business analyst
  • Though, nothing can guarantee success, understanding the core concepts of the Business Analysis area will help you to work more effectively as a business analyst
  • Six knowledge areas of Business Analysis:
    1. Enterprise Analysis
    2. Requirements Planning and Management
    3. Requirements Elicitation
    4. Requirements Analysis and Documentation
    5. Requirements Communication
    6. Solution Assessment and Validation
  • Responsibilities of a Business Analyst
    1. Identify Business Problems and Opportunities
    2. Eliciting, Analyzing, Communicating, and validating requirements for changes to business processes
    3. Recommending solutions to help businesses achieve their goals
  • The role of the project managers and business analysts may seem similar. Really, there are some overlapping areas such as, identifying goals and requirements, risk analysis, and finding strategies for project success. However, the project manager is responsible for the timely completion of the project within the budget. The business analyst ensures that the project is completed correctly with the defined requirements.

From: http://sitestree.com/?p=3495
Categories:Business Analysis
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Post Data:2016-07-08 16:12:21

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