Author Topic: Business Analysis???  (Read 7271 times)

PavanKumar

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Business Analysis???
« on: May 06, 2016, 05:40:28 pm »
what is Business Analysis and explain Business Analysis life cycle

AkhileshS

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Re: Business Analysis???
« Reply #1 on: May 09, 2016, 01:24:36 pm »
Business Analysis for me is a study and clearing out the complexity of any given business model or product, improve it with the support from IT, data research or any method required and consulting them to make it more efficient and increase the revenue by increasing productivity.

MadhaviL

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Re: Business Analysis???
« Reply #2 on: May 20, 2016, 10:09:51 am »
Business Analysis is the practice of enabling change in an organizational context, by defining needs and recommending solutions that deliver value to stakeholder.


GiridharanK

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Re: Business Analysis???
« Reply #3 on: May 20, 2016, 11:34:31 am »
Business Analysis arises out of a need. The need shall recommed a business solution that delivers value to stakeholders.

NareshS

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Re: Business Analysis???
« Reply #4 on: May 23, 2016, 02:14:19 pm »
Business analysis is the process of recognizing business needs and findings solutions to various business problems.It is about understanding how your organization functions to fulfill its purposes.

Mahesh27

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Re: Business Analysis???
« Reply #5 on: May 23, 2016, 04:38:48 pm »
To elaborate the process of business analysis, we have 9 stages:
        Understand the business -> Identify the need -> Define the project scope -> Elicit Requirements -> Analyze Requirements -> Document the requirements -> Communicate the requirements -> Model the requirements -> Solution assessment and validation

vardhini

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Re: Business Analysis???
« Reply #6 on: December 10, 2016, 08:32:03 pm »
Business analysis is a research discipline of identifying business needs and determining solutions to business problems.
Solutions often include a software-systems development component, but may also consist of process improvement, organizational change or strategic planning and policy development. The person who carries out this task is called a business analyst or BA.

Although there are different role definitions, depending upon the organization, there does seem to be an area of common ground where most business analysts work. The responsibilities appear to be:
To investigate business systems, taking a holistic view of the situation. This may include examining elements of the organisation structures and staff development issues as well as current processes and IT systems.
To evaluate actions to improve the operation of a business system. Again, this may require an examination of organisational structure and staff development needs, to ensure that they are in line with any proposed process redesign and IT system development.
To document the business requirements for the IT system support using appropriate documentation standards.

171119302

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Re: Business Analysis???
« Reply #7 on: May 26, 2017, 10:50:36 am »
Business analysis is the practice of enabling change in an organizational context, by defining need and recommending solutions that deliver value to stake holders.

YeswanthPM

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Re: Business Analysis???
« Reply #8 on: June 01, 2017, 01:19:20 pm »
 >Identifying business needs.
 >Recommending relevant solutions.
 >Working with stakeholders to elicit requirements.
 >Analyzing, defining, documenting and managing requirements.
 >BAs help to shape the outcome of projects to ensure they deliver business benefits.
 >BA is thriving at PMI

Gajanan Sharnappa

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Re: Business Analysis???
« Reply #9 on: June 13, 2017, 08:55:43 pm »
Business analysis explores the desired recommendations to better or efficient delivery of project output.
It is a practice of identifying problem, studying that problem and come up with fruitful solution or acceptable solution from all stakeholders viewpoint.
Business analysis involves understanding the changing business needs, assessing those changes, documenting requirements and supporting delivery of those requirements.
Business analysis optimizes organizational performance and maintains competitive advantage.
A typical business analysis cycle consists of following areas-
1. Enterprise analysis
2. Requirements elicitation
3. Requirements analysis
4. Solution assessment and validation
5. Planning and monitoring
6. Requirements management and communication
7. Iterative improvements

170422303

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Re: Business Analysis???
« Reply #10 on: July 02, 2017, 02:01:43 pm »
*)Business Analysis is a process to bring changes in an organisation, by defining needs and recommending solutions that delivers value to the stakeholders.

*)Business Analysis Life Cycle:
   Understanding the business.
   Identify Need (by enterprise analysis).
   Define scope(by knowing the constraints of the client).
   Elicit requirement(by meeting stakeholders).
   Analyze requirements(as per client business policies).
   Document Requirement.
   Track requirement (when BA share the requirements to the technical team).
   Process Modelling(by use cases)
   Solution and validation.

171525904

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Re: Business Analysis???
« Reply #11 on: July 04, 2017, 12:07:30 pm »
Business Analysis is tool of identifying Need or change, problem,opportunity,weakness of organization. Business analysis function in order to bring  change to organization.Business analysis work Help in understanding organization needs and solutions required to enhance organization progress.Business analysis is diverse and and contains types analysis for to study different phases of business and  provide solution to them.

Pranjal Dutta

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Re: Business Analysis???
« Reply #12 on: September 04, 2017, 02:11:43 pm »
Business Analysis is a practice to involve and understand the business/client needs, eliciting & analysing of requirements from Business Stakeholders and provide the Technical Solution to achieve the Business Goals.

Life Cycle of Business Analysis:

a) Understanding the Business Domain
b) Identify the Business Goal/needs
c) Define the Scope and Purpose of the Project
d) Elicit the Requirement
e) Analyze, validate and prioritize the Requirement
f) Documentation of Requirements
g) Modeling the Requirements (UML, Activity, Flowchart)
h) Communicate the Requirements
i) Track the Requirements (from Designing Phase to Testing)
j) Validate whether Solution meets the Requirements (Passing UAT and obtaining sign-off)
k) Providing User Manual and Training to Users of the Solution.

111222333

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Re: Business Analysis???
« Reply #13 on: September 18, 2017, 11:13:22 am »
Business analysis is a process of identifying business needs and determining solutions to business problems.

Business Analysis Life Cycle :-
1. Plan the project.
2. Scope the project.
3. Elicit, analyze, and communicate requirements.
4. Design the solution.
5. Build the solution.
6. Test the solution.
7. Implement the solution.
8. Conduct post-implementation review.

1170220109

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Re: Business Analysis???
« Reply #14 on: October 18, 2017, 05:43:06 pm »
Business analysis is a research discipline of identifying business needs and determining solutions to business problems. Solutions often include a software-systems development component, but may also consist of process improvement, organizational change or strategic planning and policy development. The person who carries out this task is called a business analyst or BA.
Business analysts do not work solely on developing software systems. Those who attempt to do so run the risk of developing an incomplete solution.
Although there are different role definitions, depending upon the organization, there does seem to be an area of common ground where most business analysts work. The responsibilities appear to be:
To investigate business systems, taking a holistic view of the situation. This may include examining elements of the organisation structures and staff development issues as well as current processes and IT systems.
To evaluate actions to improve the operation of a business system. Again, this may require an examination of organisational structure and staff development needs, to ensure that they are in line with any proposed process redesign and IT system development.
To document the business requirements for the IT system support using appropriate documentation standards.