Scotiabank

posted by Liliane Castano Marino According to chapter 6 of the BABOK,   t he Strategy Analysis knowledge area describes the work that must be executed to describe the tasks used to identify the business need, address that need, and align the change strategy within the enterprise. The Strategy Analysis knowledge area is composed of the following tasks: 1)        Analyze Current State At this point, it is important to understand the reasons why an enterprise needs to change some aspect of how it operates and what would be directly or indirectly affected by the change.   It is also important to set a baseline and context for the change. 2)      Define Future State The purpose of defining future state is to determine the set of necessary conditions to meet the business need and define what parts of the enterprise need to change in order to meet the goals and objectives set. 3)      Assess Risks The purpose of Assess Risks is to understand the uncertaintie

posted by Liliane Castano Marino According to chapter 4 of the BABOK,   t he Elicitation and Collaboration knowledge area describes the work of business analysts to understand stakeholder needs, concerns and the environments in which they work or operate.   In this area of knowledge, the business analysts extracts the information necessary to assertively understand the change and what really needs to be done.   It is an ongoing work as long as business analysis work is occurring. The Elicitation and Collaboration knowledge area is composed of the following tasks: 1)        Prepare for Elicitation At this point, it is important to establish what information will be needed, which stakeholders will be involved, which work products will be produced and which techniques will be most appropriated to reach the required results. The professional who does business analysis needs to go far beyond interviews and questionnaires. BABOK points out several of these techniques and co

Tasks of requirements life cycle management: post by Paramjeet Kaur Toor 1.Trace Requirements:  Trace requirements are for ensuring that requirements and designs of different stages are aligned to one another and for managing the effects of change. Trace requirements traces each requirements. These requirements enables:  faster and easier  analysis of any impact  more reliable discovery of inconsistencies and gaps in requirements  deeper understanding into the scope   reliable assessment of which requirements have been addressed and which have not. Guideline and tools:  These tools provide good benefits when there is large number of requirements to trace.  Domain Knowledge : for supporting traceability of requirements, business domain knowledge is much important. Information Management Approach : provides decisions from planning activities concerning the traceability approach. Legal/Regulatory Information : describes rules that should be follow and also need to

Business Analysis Planning and Monitoring According to chapter 3 of the BABOK, the tasks of business analysis planning and monitoring are presented to coordinate the efforts of stakeholders and BA’s. The 5 main knowledge areas that will be covered are: Ø   Plan business analysis approach Ø   Plan stakeholder engagement Ø   Plan business governance Ø   Plan business analysis information management Ø   And identify business analysis performance improvements 1.       Plan business analysis approach. Plan business analysis approach can be defined to be the planning of business analysis work from selection or creation of a methodology to planning the individual tasks, activities and deliverables. BA’s also identify initial techniques that could be applied. The approach is used to define a method to conduct the business analysis activities. The approach should; align to the goals of he change, coordinate the business analysis deliverables and act