Business Analysis

What Is Business Analysis?

What is business analysis? The answer seems obvious to you as a business professional, doesn’t it? You know that business analysis looks at your business and tells you characteristics that you want to know about it. But your understanding will differ from that of your colleagues. Read more...

Requirements For Business Requirements

A single well-written business requirement will save vast amounts of work and improve your bottom line immediately. A poorly-written requirement will not only fail to accomplish its purpose, it can also create cause immediate damage to your operation. That is because the business requirement is an essential written business communication. Read more...

Working Business Requirements

Business requirements transform business. They provide the roadmap to fulfilling client and customer satisfaction. By doing so, they give you your competitive edge. How do you make that happen though? Read more...

Fulfilling Business Requirements

A good business requirement just aches to be fulfilled! Objectives become clear, and volunteers step forth with a variety of good solutions. The shared urge to get the job done unifies team members. So powerful is the motivating force of a clearly stated requirement, however, that the rush to get to work can interfere with and even overwhelm completion of your overall transformation project with scope creep. Read more...

What to Expect from Your Business Analyst?

The business analyst job description is very broad. It covers any number of tasks ranging from collecting smartphone customer preferences to designing major IT data centers. An analyst might seek the causes of poor business unit performance, or map the integration of major new operations software. Generally speaking, business analysis focuses on gathering business requirements and then proposing solutions to meet those requirements. But what, in general, should you expect from a business analyst whom you hire? Read more...

Requirements Definition

A Requirements Definition document should specify the expected results of the project, and the inputs on which those results should be based.  The requirements document expands on a Project Charter document, providing detailed objectives the project must accomplish. Requirements are often couched in terms of "the product must do ____", or the service needs to ____".  The best requirement statement is written as a simple sentence that expresses one specific function that needs to be performed by the end product based on a given set of inputs.  Sometimes the requirements definition process can be subdivided into Business Requirements and Technical Requirements, although the technical requirements are usually irrelevant from the business perspective.  That is, requirements for technical implementation are best left to the engineers, who should create their own documents for verification and validation. If statutory laws are encoded to software, however, law and requirement are identical.  Requirements Document(s) are the basis for project scope definition and control.  Project success depends almost entirely on simplicity and clarity of requirement statements. For more information refer to:  Project Requirements Template

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