Business Analysis Techniques Quiz

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Questions and Answers

What is most likely being defined when a business analyst outlines changes to leverage a business opportunity?

  • Business domain
  • Project scope
  • Solution scope
  • Business need (correct)

What is a capability needed by a stakeholder to achieve an objective called?

  • Process
  • Strategy
  • Solution
  • Requirement (correct)

Which business analysis technique leverages existing materials to analyze the current state relative to a business need?

  • SWOT analysis
  • State diagrams
  • Process modelling
  • Document analysis (correct)

What deliverable contains a preliminary analysis of solution options to determine potential business benefits?

<p>Feasibility study (C)</p> Signup and view all the answers

What type of structured interview question is ‘Does the existing functionality currently meet your needs?’?

<p>Closed-ended (B)</p> Signup and view all the answers

Which elicitation technique is most suitable for understanding existing processes in an online order entry system?

<p>Observation (D)</p> Signup and view all the answers

What is the term for when a business analyst recommends changes to realize the potential value of a solution?

<p>Enterprise (D)</p> Signup and view all the answers

What factor involves considering the money and effort already invested in an initiative when making decisions about a solution?

<p>Sunk cost (D)</p> Signup and view all the answers

What is a solution in the context of business analysis?

<p>A set of changes to meet a business need (A)</p> Signup and view all the answers

Which of the following best defines a requirement?

<p>A condition or capability needed by stakeholders (A)</p> Signup and view all the answers

What does the document analysis technique involve in business analysis?

<p>Leveraging existing materials to analyze the current state (A)</p> Signup and view all the answers

What is the primary focus of the change strategy in business analysis?

<p>Evaluating solution alternatives (D)</p> Signup and view all the answers

What type of questions elicit a single response such as yes or no?

<p>Closed-ended questions (B)</p> Signup and view all the answers

What does observation assess in the context of business analysis?

<p>Individual’s work environment and current processes (C)</p> Signup and view all the answers

According to the BACCMâ„¢, what might a business analyst recommend regarding solutions?

<p>To propose changes to the solution or enterprise (D)</p> Signup and view all the answers

What should be considered when deciding to replace or retire a solution?

<p>Sunk cost of the current initiative (B)</p> Signup and view all the answers

Flashcards

Business Need

A change identified by a business analyst to take advantage of a business opportunity.

Requirement

A capability required by a stakeholder to achieve a goal.

Document Analysis

A technique where existing materials are used to analyze the current state in relation to a business need.

Feasibility Study

A deliverable that analyzes potential solutions and their benefits.

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Closed-Ended Question

A type of interview question with a single, predetermined answer.

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Observation

A technique for observing existing processes, often in an online system.

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Enterprise

The act of recommending changes to a solution or an organization to maximize value.

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Sunk Cost

The amount invested in a project, often considered when evaluating alternatives.

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Solution

A set of changes designed to address a business need.

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Requirement

A condition or ability necessary for stakeholders to carry out their objectives.

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Document Analysis

Examining existing materials like documents to understand the current situation.

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Change Strategy

The process of evaluating potential solutions to address a business need.

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Closed-Ended Questions

Questions that elicit a single, predetermined response, like yes or no.

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Observation

Observing individuals' work environments and processes.

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BACCMâ„¢

A business analyst might recommend changes to the solution itself or to the entire organization.

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Sunk Cost

The amount of money and effort already invested in a current initiative.

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Study Notes

Requirements

  • A capability needed by a stakeholder to achieve an objective is a requirement.

Business analysis techniques

  • The business analyst can leverage existing materials to analyze the current state of the enterprise relative to a business need using document analysis.

Solution Evaluation

  • The business analyst can recommend a change to either a solution or the enterprise to realize the potential value of a solution.

Business Analysis

  • A business analyst may use a business analysis technique called a change strategy to analyze solution alternatives and determine if they can provide expected business benefits.

Team Development

  • There are four stages of team development: forming, storming, norming, and performing.
  • The business analyst will work with teams during business analysis and must understand the phases of team development.

Interviewing Techniques

  • Closed-ended questions are used to elicit a single response, such as yes or no.
  • The business analyst might use observation to document details about current processes during a business analysis.

Solution Assessment

  • The business analyst brings knowledge of the business environment to the solution assessment process.

Decisions About Solutions

  • When making the decision to replace or retire a solution, the business analyst must consider sunk cost. This is the money or effort already committed to the current initiative.

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