Business Process Modeling and Elicitation Methods
Added on 2020-02-24
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Running head: CONTEMPORARY ISSUES IN BUSINESS ANALYTICSContemporary issue in business analyticsName of the studentName of the universityAuthor note
1CONTEMPORARY ISSUES IN BUSINESS ANALYTICSExecutive SummaryThis is a report, which will portray the contemporary issues in business analysis. Businessanalysis consists of few core knowledge areas, which will be described, in the report. Thecore knowledge areas will include business analysis planning and monitoring, requirementlife cycle management, elicitation and collaboration, analysis of strategy, evaluation ofsolution, design definition and requirement analysis. There are certain task and information,which the business analyst will have to understand in order to perform, and this can beconsidered as the knowledge areas in business analysis. There is no necessity that theknowledge management task will have to be in alignment with the project and its phase. Theabove-mentioned process can be considered to be cyclical as they overlap each other and it ispossible to move from one process to another without completing the process. The analysis ofthe report shows how the various processes are interlinked with each other and failure of anyone procedure will cause disruption in the overall procedure and the desired output will notbe received.
2CONTEMPORARY ISSUES IN BUSINESS ANALYTICSTable of ContentsIntroduction................................................................................................................................3Business analysis planning and monitoring...............................................................................4Elicitation and Collaboration.....................................................................................................5Requirement Life Cycle Management.......................................................................................6Strategy Analysis.......................................................................................................................7Requirements Analysis and Design Definition..........................................................................9Solution Evaluation..................................................................................................................10Conclusion................................................................................................................................11Reference..................................................................................................................................12
3CONTEMPORARY ISSUES IN BUSINESS ANALYTICSIntroductionThis is a report, which will portray the contemporary issues in business analysis.Business analysis consists of few core knowledge areas, which will be described, in thereport. The core knowledge areas will include business analysis planning and monitoring,requirement life cycle management, elicitation and collaboration, analysis of strategy,evaluation of solution, design definition and requirement analysis. There are certain task andinformation, which the business analyst will have to understand in order to perform, and thiscan be considered as the knowledge areas in business analysis. There is no necessity that theknowledge management task will have to be in alignment with the project and its phase.There is no specific order for the various tasks associated with the knowledge managementbut it had to be made sure that all the task areas are completed and made available for theanalysis (Clarysse et al. 2014). It is possible for a business analyst to perform simultaneouslythe entire task associated with the knowledge areas and the analyst can start the task in onearea and move on to the other. However, there is tendency of the knowledge areas to beoverlapped with each other and be intertwined. There are certain tasks in the knowledgeareas, which are iterative so it is possible for the analyst to start one task and then move onthe next one and then circle back to the previous one and complete it.
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