Business Analysis Techniques

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In general, we may define techniques as methods that business analysis professionals use to perform business analysis tasks. Business analysis professionals apply their experience and judgement demonstrated in their competencies to select and perform the Business Analysis techniques to achieve a successful outcome. Moreover, it is the practice of enabling change in the context of an enterprise by defining needs and recommending solutions that deliver value to stakeholders; it is using a specific set of tools and techniques to uncover and analyse the needs or potential opportunities in order to drive business value delivery and success.

Business Analysis Techniques and Model
Source: IIBA

Guide to the Business Analysis Body of Knowledge® (BABOK® Guide) defines the scope beyond business analysis in projects to address agile development, business process management, business intelligence, and business architecture. It includes:

  • Firstly, a concept model that unifies ideas and terminology across business analysis disciplines.
  • Second, restructured knowledge areas to support business analysis at every level from small tactical initiatives to major business transformations.
  • Then, five perspectives covering the most prominent business analysis disciplines and demonstrating how to apply the knowledge areas in different situations.
  • Lastly, coverage of new business analysis techniques that have gained wide acceptance in the community.

Reference: https://www.iiba.org/standards-and-resources/babok/glossary/

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