Business Analysis

5/21/18

1

MIS701 ISLAND REVISION

https://www.youtube.com/watch?v=oexzNG8me4I

vBusiness requirements vSituation analysis (SWOT and strategy formulation) vStakeholder Analysis

vRequirements Elicitation and Analysis (HoQ) vRequirements Modelling - Use Case Diagrams (UML) vRequirements Modelling - Domain Class and Sequence Diagrams (UML) vBusiness Process Modelling (BPMN)

vBusiness Analytics opportunity matrix (proposals) vRequirements Specification (Agile Methods) vEvaluating User Stories using INVEST (Agile Methods)

5/21/18

2

Business Needs and Systems Requirements

• Who is a stakeholder? • What is a problem? • What is a need? • What is the difference between

stakeholder needs and system requirements?

• What is the difference between functional and non-functional requirements?

Situational Analysis

• What is SWOT? • What is the difference between

internal and external SWOT elements? • How can you derive strategies from

the SWOT table? • Why do you need to ensure

traceability between SWOT, strategies, and recommendations?

Stakeholder Analysis

• Who are the typical project stakeholders? • What is the purpose and process of

stakeholder analysis? • Why is it necessary to identify

stakeholder interest? • What is the difference between

stakeholders’ influence and importance? • How do you manage risk in

stakeholder analysis?

5/21/18

3

Requirements Elicitation

• What requirements elicitation methods do you know? • What are similarities and differences

between interviewing and observation by comparing their strengths and weaknesses? • Describe a typical elicitation process. • What are the key success factors of

requirements elicitation?

Requirements Analysis and Ranking • What is the objective of the QFD

process? • What is the purpose of the House of

Quality analysis? • What should be included in the Voice

of Customer and Voice of Engineer? • What is the difference between

relationship and correlation matrices in HoQ? • How to calculate absolute and relative

importance? • What is the outcome of HoQ?

Use Case Modelling

• What is the aim of use case modelling? • What aspect of system

specification can be captured by use cases? • What is an actor? • What is system’s boundary? • What kind of use case

associations are represented in a use case model? • How do you specify what is

happening in a single use case?

5/21/18

4

BPM

• What is the objective of a business process modelling? • How can you represent a

workflow in a BPMN model? • What is the purpose of pools and

swim lanes in BPMN modelling? • What is the purpose of events and

messages in BPMN model? • How can you represent decisions

in BPMN? • What is the difference between

Use Case and BPM models?

Business Analytics Opportunities Matrix and Agile development • List common business analytics

models? • What is Business Analytics

Opportunities Matrix and how is it used? • What are the principles of Agile

development? • How do you apply Agile user

stories and epics in requirements specification and prioritization?

Validation & Negotiation • Why requirements specification? • What is the difference between requirements

validation and verification? • Describe the INVEST approach to evaluating

user stories I N V E S T

5/21/18

5

Analysis vs. Analytics

• What is the difference between business analysis and business analytics? • What type of problems are being

solved with each? Self • What are key challenges in BA and

how to overcome? • Assess your soft and hard skills…

A4 – 20% - Individual – due 13th June

Your objective is to conduct some independent research on the topic and the domain under study. There are two tasks: • Propose an approach to requirements elicitation. To do this, you need

to suggest a technology solution, identify end users and propose an approach to gathering users’ requirements. • Modelling task. Based on your student ID number, you must choose a

modelling technique/approach to be used in your submission. Next, identify a suitable aspect of the case study and explore it in depth. Finally, create a model that illustrates and explains the (wisely) selected aspect of the case.

5/21/18

6

Good Luck from the Unit Team Thank you!

11

ü You have learnt a lot of tools, methods and techniques handy to be put into any business analyst’s toolbox.

ü You have acquired practical skills in the analysis of business information and writing recommendations.

ü You have worked in a team to develop new solutions for old problems, brainstorming ideas, exploring solutions and debating alternatives – you have tested your own creative inner self!

ü You are at the beginning of the path to becoming an independent analyst and perhaps undertaking research in business analysis to further advance this field.

ü So, now you can do good all the work and have fun doing this. Enjoy this experience!

12https://www.youtube.com/watch?v=oexzNG8me4I

We know where we are We know who we are, who we are

Aue, aue We set a course to find

A brand new island everywhere we roam Aue, aue

We keep our island in our mind And when it's time to find home

We know the way

https://www.youtube.com/watch?v=taW1IGduVeo