A business analyst doesn’t write a piece of code or manufacture a part but lays the roadmap for the creation of the software or gadget or machinery. Business analysts work in the virtual world, imagining things in thin air and enables all the stakeholders to visualise the to be created software or machinery. Because of these reasons, both the inputs to the business analysts and outputs from the business analysts are information. The soundness of this information ultimately results in the creation of the product that meets the customer requirements. Business analysts use plethora of techniques to elicit, collect, organise, process and present this information primarily for their own understanding and for the stakeholders. The terms techniques and tools are interchangeably used sometimes. Tools are the software or gadgets that help the business analyst to use a technique. BABoK v3 recommends 50 techniques that a business analyst must master to succeed in the Certified Business Analysis Professional (CBAP) examination conducted by IIBA, Canada. The list of techniques provided below:
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- Acceptance and Evaluation Criteria
- Backlog Management
- Balanced Scorecard
- Benchmarking and Market Analysis
- Brainstorming
- Business Capability Analysis
- Business Cases
- Business Model Canvas
- Business Rules Analysis
- Collaborative Games
- Concept Modelling
- Data Dictionary
- Data Flow Diagrams
- Data Mining
- Data Modelling
- Decision Analysis
- Decision Modelling
- Document Analysis
- Estimation
- Financial Analysis
- Focus Groups
- Functional Decomposition
- Glossary
- Interface Analysis
- Interviews
- Item Tracking
- Lessons Learned
- Metrics and Key Performance Indicators (KPIs)
- Mind Mapping
- Non-Functional Requirements Analysis
- Observation
- Organizational Modelling
- Prioritization
- Process Analysis
- Process Modelling
- Prototyping
- Reviews
- Risk Analysis and Management
- Roles and Permissions Matrix
- Root Cause Analysis
- Scope Modelling
- Sequence Diagrams
- Stakeholder List, Map, or Personas
- State Modelling
- Survey or Questionnaire
- SWOT Analysis
- Use Cases and Scenarios
- User Stories
- Vendor Assessment
- Workshops
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Fhyzics Business Consultants Private Limited is an Endorsed Education Provider (EEP) of IIBA, Canada offers Consulting, Certification, Conference and Executive Development Programs in Business Analysis, Supply Chain Management and New Product Development Domains. For more details about our Business Analysis Programs, please visit www.bacourse.com.
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