Business Analysis Techniques Quiz
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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</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</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</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</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</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</p> Signup and view all the answers

    Which of the following best defines a requirement?

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

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

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

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

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

    According to the BACCM™, what might a business analyst recommend regarding solutions?

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

    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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    Description

    Test your knowledge on key business analysis concepts, including requirements definition, document analysis, solution evaluation, and team development. This quiz covers essential techniques and the roles of a business analyst in creating value for an enterprise.

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