Business Analysis Techniques Quiz
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Questions and Answers

What does Solution Evaluation involve?

  • Designing organizational structures
  • Creating business requirements
  • Eliciting stakeholder feedback
  • Validating and verifying information (correct)
  • Which of the following is NOT a perspective included in the BABOK guide?

  • Business Architecture
  • Data Analytics
  • Agile
  • Underlying Competencies (correct)
  • What term describes a problem or opportunity that needs to be addressed?

  • Change
  • Stakeholder
  • Need (correct)
  • Solution
  • What action corresponds to the definition of Change?

    <p>Transforming in response to a need (C)</p> Signup and view all the answers

    Which term identifies individuals or groups connected to a change, need, or solution?

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

    What does the term Solution refer to in the context of business analysis?

    <p>A method of implementing change (D)</p> Signup and view all the answers

    What does Context refer to in business analysis?

    <p>Circumstances influencing the change (B)</p> Signup and view all the answers

    Which term describes the worth or usefulness of something to a stakeholder in a given situation?

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

    What is the purpose of assessing requirement changes?

    <p>To determine if actions need to be taken based on stakeholder requirements (B)</p> Signup and view all the answers

    Which process involves ranking requirements based on their importance to stakeholders?

    <p>Prioritization (A)</p> Signup and view all the answers

    What best describes the relationship where one requirement is derived from another?

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

    What is used to identify where, what, why, when, how, and for whom information is exchanged in a solution?

    <p>Interface Analysis (B)</p> Signup and view all the answers

    What is the purpose of maintaining requirements traceability?

    <p>To help manage scope, change, risk, and communication (A)</p> Signup and view all the answers

    Which framework is used to manage performance across different business models?

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

    Which activity involves working with stakeholders to approve and agree on requirements?

    <p>Approving Requirements (C)</p> Signup and view all the answers

    What provides a shared understanding of outcomes and aligns with strategy in a business context?

    <p>Business Capability Analysis (D)</p> Signup and view all the answers

    What is involved in prioritizing requirements?

    <p>Evaluating the value, urgency, and risks of requirements (C)</p> Signup and view all the answers

    What type of relationship indicates that a requirement depends on another requirement?

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

    What defines measures of value attributes for assessing solutions?

    <p>Acceptance and Evaluation Criteria (A)</p> Signup and view all the answers

    What is the role of documenting requirements according to business analysis approaches?

    <p>To follow specified methods for maintaining requirements (C)</p> Signup and view all the answers

    Which option provides justification for a proposed solution based on benefits versus costs?

    <p>Business Cases (C)</p> Signup and view all the answers

    What shows how repeatable business decisions are made?

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

    Which approach is conducted to improve organizational operations and increase value to stakeholders?

    <p>Benchmarking and Market Analysis (A)</p> Signup and view all the answers

    What is used to organize business vocabulary for effective communication within a domain?

    <p>Concept Modelling (B)</p> Signup and view all the answers

    Which method is primarily used to elicit information through observation of activities and their context?

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

    What is the primary purpose of prioritization in business analysis?

    <p>To provide a framework for stakeholder decisions (D)</p> Signup and view all the answers

    Which term describes the systematic approach for managing and prioritizing remaining work?

    <p>Backlog Management (C)</p> Signup and view all the answers

    What technique is intended to generate new ideas and themes for further analysis?

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

    Which method is used to validate stakeholder needs through iterative modeling?

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

    What interactive group activity helps elicit ideas and opinions from participants regarding a product or service?

    <p>Focus Groups (B)</p> Signup and view all the answers

    Which collaborative technique encourages participants to work together to build an understanding of a solution?

    <p>Collaborative Games (C)</p> Signup and view all the answers

    What systematic approach is used to gather information through dialogue in interviews?

    <p>Interviews (A)</p> Signup and view all the answers

    What is the focus of predictive approaches in business analysis?

    <p>Minimizing upfront uncertainty (A)</p> Signup and view all the answers

    Which approach focuses on delivering business value in short iterations despite requiring acceptance of higher uncertainty?

    <p>Adaptive approaches (B)</p> Signup and view all the answers

    Which component provides a description of activities performed by a business analyst?

    <p>Business analysis approach (C)</p> Signup and view all the answers

    What includes results of assessments to be incorporated into planning approaches?

    <p>Business Analysis Performance Assessment (D)</p> Signup and view all the answers

    What defines the boundaries within which decisions must be made in business analysis?

    <p>Business Policies (C)</p> Signup and view all the answers

    Which method is used to determine the optimal business analysis approach?

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

    Which component shapes the business analysis approach by providing methods and techniques?

    <p>Methodologies and Frameworks (B)</p> Signup and view all the answers

    What is the purpose of a stakeholder engagement approach in business analysis?

    <p>Maintaining effective relationships with stakeholders (A)</p> Signup and view all the answers

    What is the primary focus of defining the components of business analysis that support governance functions?

    <p>Establishing business analysis governance (D)</p> Signup and view all the answers

    Which activity involves understanding stakeholder needs and collaboration with them?

    <p>Planning stakeholder engagement (A)</p> Signup and view all the answers

    When managing and monitoring business analysis work, what is the key focus?

    <p>Meeting commitments and recognizing improvement opportunities (B)</p> Signup and view all the answers

    What does the planning of business analysis work primarily involve?

    <p>Creation or selection of a methodology (B)</p> Signup and view all the answers

    How is information developed by business analysts utilized for long-term purposes?

    <p>Through capturing, storing, and integrating it with other information (B)</p> Signup and view all the answers

    What is the main objective of identifying business analysis performance improvements?

    <p>Monitoring efficiency and effectiveness of analysis practices (B)</p> Signup and view all the answers

    What is the first step in the plan business analysis approach process?

    <p>Define the methodology to use for analysis (C)</p> Signup and view all the answers

    Which aspect is least associated with planning stakeholder engagement?

    <p>Assessing historical performance data of prior projects (D)</p> Signup and view all the answers

    Flashcards

    Solution Evaluation

    Assessing different solutions to a business problem, considering their advantages, disadvantages, and potential value.

    Requirements Analysis and Design Definition

    Structuring, modeling, and validating requirements for a business solution.

    Need

    A problem or opportunity that needs to be addressed.

    Change

    The act of transformation in response to a need.

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    Stakeholder

    A person or group with an interest in a project or solution.

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    Solution

    A specific method for satisfying a need.

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    Context

    The circumstances surrounding a need or solution.

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    Enterprise

    A system of organizations pursuing shared goals.

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    Plan Business Analysis Approach

    Planning how business analysis work is done, from selecting a methodology to outlining specific tasks and deliverables.

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    Plan Stakeholder Engagement

    Determining who the stakeholders are, understanding their needs, and planning collaboration.

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    Plan Business Analysis Governance

    Defining how business analysis work supports the organization's governance processes.

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    Plan Business Analysis Information Management

    Planning how requirements and designs are managed and used.

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    Identify Business Analysis Performance Improvements

    Planning to track and monitor business analysis work to make sure that goals are met and to improve future work.

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    Customer

    The person or group who receives the product or service.

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    Domain Subject Matter Expert (SME)

    A person with deep knowledge of a particular area of business.

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    Implementation SME

    An expert focused on getting the project into reality.

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    Predictive business analysis approach

    A business analysis approach that focuses on minimizing uncertainty upfront, defining the solution before implementation, maximizing control, and minimizing risk.

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    Adaptive business analysis approach

    A business analysis approach that emphasizes rapid delivery of value through short iterations, accepting more uncertainty about the overall solution.

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    Business analysis approach

    A description of business analyst activities.

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    Business Analysis Performance Assessment

    Results of past assessments to inform all planning approaches.

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    Business Policies

    Decision-making limits; rules and laws that constrain choices, such as contracts and regulations

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    Expert Judgment

    Using experts' knowledge and opinions to determine optimal approaches.

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    Methodologies and Frameworks

    Techniques, procedures, and concepts that guide the analysis approach.

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    Stakeholder Engagement Approach

    Planning effective working relationships with stakeholders.

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    Assess Requirements Changes

    Examining new or altered stakeholder needs to determine if they should be addressed within the project's scope.

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    Prioritize Requirements

    Evaluating and ranking requirements based on their value, urgency, and risk to stakeholders.

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    Approve Requirements

    Gaining formal agreement and acceptance of requirements from stakeholders involved in the governance process.

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    Traceability

    Connecting requirements to other related elements, such as design documents, test cases, and implementations.

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    Maintain Requirements

    Keeping requirements up-to-date and documented according to established methods.

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    Derive

    A relationship where one requirement stems from another.

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    Depends

    A relationship between requirements where one relies on another for completion.

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    Satisfy

    A relationship between an implementation element and the requirement it fulfills.

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    Observation

    A technique used to gather information by watching and understanding activities in their natural environment.

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    Prioritization

    A framework for business analysts to help stakeholders make decisions by understanding the relative importance of information.

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    Backlog Management

    A process of tracking, recording, and prioritizing remaining work items.

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    Brainstorming

    A technique used to generate numerous ideas and then categorize themes for further analysis.

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    Prototyping

    An iterative process that creates a model or design of requirements to elicit and validate stakeholder needs. It's also used to optimize user experience, evaluate design options, and develop the final business solution.

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    Focus Groups

    Interactive group discussions to gather ideas and opinions about a specific product, service, or opportunity. Participants share their preferences, needs, and impressions.

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    Collaborative Games

    A technique used to encourage collaboration in building a joint understanding of a problem or solution during information elicitation.

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    Interviews

    A systematic approach for eliciting business analysis information by talking to people, asking questions, and documenting responses.

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    Interface Analysis

    A technique used to understand how different parts of a system communicate with each other, including the exchange of information.

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    Balanced Scorecard

    A management tool used to track and measure an organization's performance across different dimensions, such as financial, customer, internal processes, and learning and growth.

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    Business Capability Analysis

    A process that identifies and analyzes an organization's capabilities to understand its strengths and weaknesses.

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    Acceptance and Evaluation Criteria

    A set of standards used to measure the success of a solution, helping determine if it meets the requirements and provides expected value.

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    Business Cases

    A document justifying a proposed action based on its potential benefits, costs, and risks.

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    Decision Modelling

    A technique to visualize and document how decisions are made within a business process, showing the rules and logic.

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    Benchmarking and Market Analysis

    The process of comparing an organization's performance against its competitors or industry standards.

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    Concept Modelling

    A technique to organize and represent the vocabulary and relationships within a specific domain, ensuring clear and consistent communication.

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    Study Notes

    Business Analysis Techniques

    • Business Analysis Planning and Monitoring: Organizing and coordinating the efforts of business analysts and stakeholders.
    • Elicitation and Collaboration: Preparing for and conducting elicitation activities, confirming results.
    • Requirements Life Cycle Management: Managing and maintaining requirements and design information from inception to retirement.
    • Strategy Analysis: Identifying strategic or tactical business needs, aligning with higher- and lower-level strategies, and collaborating with stakeholders.
    • Requirements Analysis and Design Definition: Structuring and organizing requirements, modeling and validating design, identifying solution options.
    • Solution Evaluation: Assessing solution performance and value, recommending barrier removal.

    Business Analysis Concepts

    • Change: A problem or opportunity to be addressed.
    • Need: The problem or opportunity requiring resolution.
    • Solution: A specific way to satisfy one or more needs within a defined context.
    • Stakeholder: An individual or group with a relationship to the change, need, or solution.
    • Value: The worth, importance, or usefulness of something for a stakeholder within a specific context.
    • Context: The circumstances that influence, are influenced by, and provide understanding of the change.
    • Enterprise: A system of one or more organizations and the solutions they use to pursue mutual goals.
    • Plan: A proposal for doing or achieving something.
    • Business Requirements: Needs of stakeholders for achieving the business objectives.
    • Stakeholder Requirements: Needs of stakeholders needed to achieve business requirements.
    • Solution Requirements: Capabilities and qualities of a solution to meet stakeholder requirements.
    • Transition Requirements: The capabilities and conditions required for a solution to transition from a current to a future state.
    • Business Analysis Performance Improvements: The process of managing and monitoring how business analyst work is performed to ensure that commitments are met and continuous learning and improvement opportunities are realized.

    Business Analysis Techniques (Specifics)

    • Elicitation: The process of understanding stakeholder needs, discovering requirements, validating and verifying information, identifying solution options.
    • Elicitation Activity Plan: Information used for each elicitation activity that includes logistics, activity scope, techniques and materials.
    • Elicitation Results: The captured information from elicitation activity.
    • Planning the Business Analysis Approach: Defining the methodological components used in business analysis, stakeholder engagement and governance.
    • Plan Stakeholder Engagement: Establishing and maintaining effective working relationships with stakeholders.
    • Plan Business Analysis Governance: Defining how decisions are made, including reviews and change control for requirements and designs.
    • Plan Business Analysis Information Management: Managing the capture, storage and use of information.

    Other Concepts and Processes

    • Preventive: Reducing the probability or impact of negative events.
    • Corrective: Reducing/repairing the negative impact of an event after it has already occurred.
    • Improvement: Increasing the probability or impact of positive events.
    • Measure Solution Performance: Evaluates solution performance in relation to current business needs and value it brings.
    • Analyze Performance Measures: Determines and analyzes the cause of any performance issues identified during evaluation or measurement.
    • Assess Solution Limitations: Identifies the issues or bottlenecks that prevent a solution from fully delivering its intended value.
    • Assess Enterprise Limitations: Identifies issues outside the solution scope that may prevent an effective change.
    • Recommend Actions to Increase Solution Value: Identifying and recommending the steps needed to optimize the value of a solution.
    • Requirements Traceability: Tracking and managing the relationships between different types of requirements and designs throughout the analysis process.
    • Prioritization: Determining the relative importance of requirements, based on factors like stakeholder needs and risks.
    • Requirement Validation: Checking the requirements against the actual business need, ensuring consistency, and providing high quality output.
    • Business Analysis Approach: A combination of models, practices, methods and technique used by an enterprise for business analysis.
    • Requirements Maturity: Attributes that describe the stability of a requirement.
    • Quality Control of Requirements / Designs: Processes and techniques for verifying the quality of requirements.
    • Elicitation Techniques: Various methods for collecting information from stakeholders (interviews, workshops, questionnaires).
    • Stakeholder Concerns: Addressing concerns and interests expressed by affected parties to influence the business analysis approach.
    • Solution Components: The individual pieces used to assemble the solution.

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    Description

    Test your knowledge on essential business analysis techniques and concepts. This quiz covers topics including business analysis planning, elicitation, requirements management, and solution evaluation. Perfect for aspiring business analysts looking to deepen their understanding of the field.

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