Business Analysis and Process Modelling
Added on 2020-02-24
11 Pages3052 Words54 Views
Business Development
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BUSINESS ANALYSISINTRODUCTIONBusiness analysis is basically the act of pointing out specific business problems and challenges and coming up with suitable solutions that will benefit the business stakeholders. Business analysis aims at achieving various objectives, for instance, inflicting change when it comes to business processes, policies, growth and development techniques, improving general and specificbusiness systems to name just but a few. In that case, the business analyst in charge of such a process is required to identify the business needs in order for them to succeed in analyzing the business (Yoo et al, 2007). This means that the business analysts should prioritize in investigating the business systems, research on possible methods of improving the performance of the business systems and evaluate the identified methods and also document the requirements needed to support the business systems (especially the information technology, IT systems). By acting on the above mentioned activities, a business analyst will definitely be able to manage his/her responsibility to the business.In addition to that, business analysis must involve the concentration of the six key areas and processes of business analysis. These key areas help the business analysts to focus on the most important parts of the business that is being analyzed. These core areas certainly focus on the main sections of the business that can really influence change in the business as well as bring value change to the stakeholders. Apart from this, through business analysis, the analysts can be able to determine the current state of the business either financially, tactically, strategically etc. as well as the future state of the business. Additionally, the analysts are certainly able to device ways and methods of moving the business from its current state to its future state successfully.CORE KNOWLEDGE AREAS OF BUSINESS ANALYSISIn this assignment, I will be able to discuss the four key areas of business analysis in relation to the ILS case study. In this case study, the library is has been facing some challenges especially when it comes to book barcoding due to the change of the ILS software from its previous to a more modern ILS system. Therefore, in this assignment, I will be able to discuss what the libraryneeds to do in order for it to be successful in changing and making use of the new ILS software, but in relation to the key competencies of business analysis.
Business Analysis Planning and MonitoringThis involves coming up with specific activity schedule before and during the business analysis process. The planning and monitoring helps the business analysts well as the business employeesand users to identify the process to be followed, techniques to be used, deliverables to be used and the anticipated end product or results (Guide to the business analysis body of knowledge. (2015).Additionally, these area help the analysts as well as the stakeholders in directing, coordinating and organizing the analysis process. For this area to be successful, it requires certain key competencies. They are:Plan business analysis approach- This activity involves planning the whole of the analysis process both generally and specifically. In that case, the business analysts and the stakeholders should focus on choosing the specific methods, specific tasks, deliverables and activities that should be involved in the whole process for beginning to the end. Therefore, as for the ILS system case study, the analysts should ensure that have clearly identified the specific activities tobe involved in the analysis process (Paul et al, 2015). For instance, the analysts and stakeholders should be able to identify all the books in the library, the topics, their numbers and the method inwhich they want them to appear among other things.Plan stakeholder engagement- This area encourages the involvement of the stakeholders in the whole process. Through this, they will be able to give support to the process, air out their opinions, give their requirements to the analysts and the vice versa.Plan business analysis governance- This area requires the business decision makers or leaders e.g. the management to be given the support they need by the process. There should be information sharing between the analysts, stakeholders and the decision makers.Plan business analysis information system- Involves ensuring that every material and information used in the analysis process is well recorded and documented for future use.Identify business analysis performance improvements- This involves ensuring that the analysis process is continuous and beneficial and that it has achieved its purpose.
Elicitation and CollaborationElicitation is drawing information from a party while collaboration is the act of two parties sharing information and communicating to achieve a certain objective. Therefore, elicitation and collaboration is whereby the business analysts try to derive information from the stakeholders so that they can provide the best analysis from the stakeholders’ requirements, anticipations, needs and expected results of the process (Guide to the business analysis body of knowledge. (2015). The key components of this area of business analysis are:Prepare for elicitation- ensuring that the stakeholders have all the information that they needed by the business analysts or the analysis process itself. This means that they should be able to: identify their needs and business needs, identify their expected results and changes and to be ready to share the information openly.Conduct elicitation- involves the process of deriving the information needed by the business analysts for the analysis process from the stakeholders or any other person involved in the process.Confirm elicitation results- ensures that the stakeholders understand the terms and conditions attached to the elicitation process and all the information shared. Also, it involves ensuring that the information gotten goes hand in hand with any other information that is needed in the process.Communicate business analysis information- involves sharing any information in the analysis process with the stakeholders and ensuring that it is clearly understood word by word.Manage stakeholder collaboration- ensures that both the business analysts and the stakeholders work hand in hand with each other to enable success of the analysis process. This includes sharing of information, providing all the required materials, offering support when needed among other things.Requirements Lifecycle ManagementThis knowledge area involves all the activities that the business analysts perform from beginningto the end of the process for them to be able to manage, communicate, and maintain the requirements of the analysis design. The activities may include accepting when need be,
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