BABOK

C.5 - Approve the requirements

01 – Acceptance & Evaluation Criteria

The Acceptance and EvaluationThe systematic and objective assessment of a solution to determine its status and efficacy in meeting objectives over time, and to identify ways to improve the solution to better meet objectives. See also indicator; metric, monitoring. Criteria techniqueA manner, method, or style for conducting a business analysis task or for shaping its output. is a must-know skill for any business professional. It analyzes a set of criteria and determines the best possible solution.

December 28, 2021

D.2 - Define the future state

03 – Balanced Scorecard

A balanced scorecard is a strategic planning and management tool. Its purpose is to calculate organizational performance beyond the traditional financial measures. It is outcome-focused and provides a balanced view of an enterpriseA system of one or more organizations and the solutions they use to pursue a shared set of common goals. by implementing the strategic planA detailed scheme for doing or achieving something usually comprising a set of events, dependencies, expected sequence, schedule, results or outcomes, materials and resources needed, and how stakeholders need to be involved. as an active framework of objectives and performance measures.

December 28, 2021

B.2 - Perform the elicitation

04 – Benchmarking and market analysis

BenchmarkingA comparison of a decision, process, service, or system's cost, time, quality, or other metrics to those of leading peers to identify opportunities for improvement. and market analysis are conducted to improve organizational operations, increase customerA stakeholder who uses or may use products or services produced by the enterprise and may have contractual or moral rights that the enterprise is obliged to meet. satisfaction, and increase value to stakeholders.

December 30, 2021

A.1 - Plan Business Analysis Approach

05 – Brainstorming

The brainstormingA team activity that seeks to produce a broad or diverse set of options through the rapid and uncritical generation of ideas. processA set of activities designed to accomplish a specific objective by taking one or more defined inputs and turning them into defined outputs. is devised in 1940 by advertising executive Alex Osborn who believed that there were two main factors contributing to the creation of ideas: deferral of judgment and reaching out for quantity (and not qualityThe degree to which a set of inherent characteristics fulfills needs.).

January 3, 2022

A.1 - Plan Business Analysis Approach

07 – Business Case

A business caseA justification for a course of action based on the benefits to be realized by using the proposed solution, as compared to the cost, effort, and other considerations to acquire and live with that solution. consists preparing justification and the reasons why a certain projectA temporary endeavour undertaken to create a unique product, service, or result. or concept should be undertaken.

January 4, 2022

D.1 - Analyse the current state

08 – Business Model Canvas

A business model canvas (BMC) is a strategic management tool. It describes how a company creates, delivers, and captures value.

January 5, 2022

A.2 - Plan Stakeholder Engagement

09 – Business Rules Analysis

Business rules analysis is the processA set of activities designed to accomplish a specific objective by taking one or more defined inputs and turning them into defined outputs. of identifying and examining the rules that govern a business, organizationAn autonomous group of people under the management of a single individual or board, that works towards common goals and objectives., or systemA set of interdependent components that interact in various ways to produce a set of desired outcomes.. This processA set of activities designed to accomplish a specific objective by taking one or more defined inputs and turning them into defined outputs. is typically used to understand how a business operates and to identify potential areas for improvement.

January 5, 2022

B.2 - Perform the elicitation

10 – Collaborative Games

Collaborative games or workshops aim at promoting cooperation within your team and provides it with a common goal so that all the members participating in the game can work together.

January 7, 2022

B.1 - Prepare the elicitation

104 – Eisenhower Matrix

The Eisenhower MatrixA textual form of modelling used to represent information that can be categorized, cross-referenced, and represented in a table format., also known as the Eisenhower Decision MatrixA textual form of modelling used to represent information that can be categorized, cross-referenced, and represented in a table format., is a tool used to prioritize tasks by determining which tasks are urgent and important.

January 25, 2022

B.2 - Perform the elicitation

11 – Concept Modelling

Concept modeling is a process of creating a visual representation of a concept or idea. This can be done using diagrams, charts, or other visual tools to communicate the concept in a clear and concise manner.

January 18, 2022

E.1 - Specify and modelling

12 – Data Dictionary

In business analysisThe practice of enabling change in the context of an enterprise by defining needs and recommending solutions that deliver value to stakeholders., the data dictionary method is a techniqueA manner, method, or style for conducting a business analysis task or for shaping its output. used to document and organize information about the data used in a business or organizationAn autonomous group of people under the management of a single individual or board, that works towards common goals and objectives.. A data dictionary is a collection of information about the data elements used in a business, including their definitions, sources, and relationships to other data elements.

January 30, 2022

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BUSINESS ANALYSIS

What are you looking for

All the techniques

Business Analysis

Product Ownership

Agility

03 – Balanced Scorecard

04 – Benchmarking and market analysis

09 – Business Rules Analysis

10 – Collaborative Games

104 – Eisenhower Matrix

11 – Concept Modelling

12 – Data Dictionary

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BUSINESS ANALYSIS

What are you looking for

All the techniques

Business Analysis

Product Ownership

Agility

Get updated when we publish new releases !

Categories

Learn More

Get in connect

Log In

For you today

our document on the 6 steps to do a SWOT analysis!

Type in your information and get access to the document

Congratulations!

Well Done, You can access the pdf!

Well Done,
You can access the pdf!