BUSINESS ANALYSIS

FIXED
DEPOSIT
Group - 1
PROJECT The case given to us involves a manual process that requires a lot of manual

SUMMARY -
effort and involves bank employees and customers.
The lead time for finishing the FD increases if there are several FD requests
on a given day. It takes a long time to verify the customer, keep track of the
FD application form, print the passbook, and provide the customer with the
signed hard copy.
Additionally, the current system’s restriction on money transfers from
accounts belonging to the same bank renders the FD process unavailable to
users who have accounts with many banks.

Online automated processes can be implemented to get around issues,

including the amount of time needed, accessibility to the procedure,
monitoring the progress of the deposit, and lowering dependency on others.
.Using various methods, including flowcharts, use cases, use case design, use
case scenarios, UAT scenarios, and DFD, BA discovers redundant processes,
requirement gathering identifies bottlenecks, and possibilities to automate
the system
This procedure tracks the record at any moment and makes the procedure
accessible around the clock
BEST PRACTICES OBSERVED-
Initial Kickoff Meeting
Establishing the flow of the Project
Maintaining schedule and Timeline
Identifying Strengths and
weaknesses
Clear and Consistent Communication
Feedback and Appreciation
Reflection Time
Learning and sharing new knowledge during group activities
Cooperation and coordination among team members
Individual expertise in different fields assisted in a holistic view
Through group exercises after learning new topics, practical
experience was gained.
 Challenges encountered/ How were the challenges
addressed
We were unaware of the tool for creating
flowcharts.
Work with those who have unique educational
and professional backgrounds.
IT-centered coursework seems to be challenging
for non-IT students to understand
Faced difficulty initially while applying concept
Conflict among group members regarding how a
particular thing must be done
Difference of opinion while preparing use cases
Difficulty in synchronising time of all team
members for meeting together
Found it challenging at times to meet the
deadlines
. divided our assignments and did them well.
Researched tools and implemented
It was a unique experience with a holistic view
We collaborated and shared our knowledge for a
better understanding
Learned the concept with proper rigor and applied in
the project
When making decisions, we employed various HR
strategies for resolving conflicts, and the best thing is
that people are embracing and acting upon one
another's suggestions.
We put in the effort and held numerous team
meetings across all of our tasks, which helped
everyone in the group stay in sync.
Working with other topics was challenging, but we
COMPETENCIES

Leadership
Teamwork
Influencing skills
Critical and Analytical Thinking
Communication skills
Conflict Resolution
Adept/ Quick learning
Facilitation Skills
Decision Making
LEARNINGS-
Learned the significance of business analysis in the organization and the roles and
duties involved.
The hands-on learning experience of requirement gathering via interviewing technique
through role-play activities.
Identifying business drivers and addressing the business pain points
BA’s role in improving the business process
Designing use cases, use case scenarios, and UAT test cases
Creating flow charts using multiple platforms such as Lucid, apps.diagram.net, word, etc.
Change management process and its impact on the business
Include and extends concepts, Use case interaction diagram
Importance and necessity of delving deeply into all of the process's minor steps
REAL TIME APPLICATION
Understanding the business pain points and drivers, and
providing viable business solutions for any real-time project.

In any role that requires differentiation of requirements

clarity

Budgeting and forecasting

Requirement elicitation using multiple techniques

Smoothing the process and implementing of latest

technologies for process improvements

Identifying the flaws in the system using different tools such

as flow charts, use cases, DFD
THANK YOU