Business = Value + profitability

Value is derived by = Business owner + staekholder + end customer

Anaylsis : it requires a trigger and it can be an opportunity, need or problem
Example :
1) Finding the root cause of the problem look at the data and suggest a good co
urse of action
2) There is always an problem , need and opportunity
BA :
1) value needs to be created to the customer since it is in the eyes of the cust
omer or stakeholder
2) U need to collect the dta and analyzie how u can imporve the value to the cus
tomer & stakeholder
11 Chpaters in BABOK
1) Key concepts
2) 6 Knowledge areas
BAPM
EC
RLCM
SA
RADD
SE
4) Layout of BABOK
1) it has knowlege areas - it is just a title
2) they have task with the knowledger areas
3) these task requires
2) purpose
description
stakeholders
elements
Guidelines & tools
Input
Technique
Output
Business Abalysis beyond project
1) Pre project - Business strategy
2_) project - projects are delivered
3) Post project - benefits and solution evaluvation are continously evaluvated
Prespective - are not covered in CBAP exam
1)
2)
3)
4)

Agile
Business intelligence
Infomration technology
Business architecture

5) Business process management

BABOK Knowledge areas
1) Framework is provided for us to become a seasoned consultant
BABOK is a guide contains a description of generally accepted practices in field
of business balayis
Why Busniess analyst is important now days
1) tecnology is available to any company and it is not a competitive advantage .
STartegy is converting information to intelligence and that can be used as comp
etitive advantage
1) Strategy Analysis
Aalysis requires some objective and the objective is usually to delivery better
business outcome
2) Requirement and design defintiion - features & functions of the solution whic
h can deliver the value, priortize, organize, design and deliver them. Like prot
otype and then decide this solution provides value to customer
3) Solution Evaluvation : Constantly evaluvating the solution and so this needs
to be feeded in to strategy
4) Elicitation and collobration : extract the problem , opportunity and need and
then collobrating with all the relevant stakeholders
5) REquirement life cycle management : Management means managing the change thro
ugh life cycle of the requirement
6) Business Analysis planning & monitoring : when , whom , technique and tools ,
communicate ,tracked the requirement which is relevant for all the knowledge ar
eas
How do you identify the need
1) Eliciate and collobrate with the stakeholder to understand the need
KA Mnemonic : PLEASE
P
L
E
A
S
E

:
:
:
:
:
:

Business Analysis Planning & Monitoring

Requriment Life Cycle Maangement
Elicaitation & Collboration
REquirement Analysis & Design definition
Strategy Analysis
Solution Evaluvation