Let is not kid each Other anymore; it is only a simple fact of working life: you wear several hats in the office no matter what your official name may imply.
Sure, you may have an Official title that comes with a position like ‘Engineer,’ ‘tech,’ ‘analyst,’ or ‘manager,’ but your list of responsibilities appears more like somebody spilled the forward-slash in your resume. Are you a designer/programmer/financial analyst/tech service specialist/help desk technician/subject-matter expert/process manager/product manager/consultant/project planner/customer service/sales rep/inventory manager/communications manager/web designer/SharePoint administrator/accountant/or possibly even /project supervisor?
Business analysis is no different. Many organizations are still not very clear about what business analysis is. As such, it is included as a duty under different titles like ‘database builder,’ ‘systems analyst,’ ‘financial analyst,’ ‘adviser,’ ‘procedure engineer,” business proprietor,’ and ‘data analyst,’ just to name a few. You might be playing the role of business analyst and not even understand it.
What Is this ‘business analysis’ hat for, anyhow?
Because so many people In an organization can do it, let us focus on the role of business analysis and not the job title.
Business analysis is The cbap training set of tasks and techniques utilized as a framework to interact with stakeholders so as to comprehend and communicate the structure, policies, and operations of a company, and to recommend solutions that enable that business to reach its targets.
Business analysis can Involve the following procedures:
- Identifying Business requirements and opportunities (Business Analysis)
- Gathering, Clarifying and supporting requirements (Elicitation)
- Writing and Communicating requirements to stakeholders (Prerequisites Communication)
- Developing a plan To gather requirements, clearly define scope, and manage changes to requirements (Business Analysis Planning and Tracking )
- Ensuring that the requirements well-written, specific, and complete (Requirements Analysis)
- Ensuring that the Solution is the best alternative in line with the requirements, not the other way around (Option Assessment and Validation)
It is all about the requirements.
Generally, business Analysts are instrumental in gathering and documenting business requirements before project planning and execution. Business analysts mainly take part in enterprise analysis and work to clearly define the product range that is about the requirements.
In the Software/System Development Life Cycle (SDLC), company analysts are crucial in the analysis period. This stage is where many who perform business analysis spend their time with the ultimate aim being to find job requirements right the first time. Actually, the Microsoft Corporation has learned over time for each incorrect, unclear, or incomplete requirement on a job, it costs them to 200 times more to fix this job as it progresses through the SDLC.