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Importance of Analysis and Evaluation in Business

   

Added on  2023-04-05

13 Pages2617 Words174 Views
Leadership ManagementProfessional Development
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Running Head: PORTFOLIO
Portfolio
Name of the Student
Name of the University
Author Note
Importance of Analysis and Evaluation in Business_1

1PORTFOLIO
Week 1: Adaptive Business Analysis
Adaptive Business Analysis
The employers are searching people with an adaptive nature and critical thinking abilities
which can prove to be beneficial for the organizations in generating a culture of collaboration,
creation and innovation. It is helpful for a particular organization as it leverages to compete even
in the complex organizational context (Triagile.com 2019). In the first week, the activities and
responsibilities of the adaptive business analyst have been described. The main content of this
week was to describe that the development begins from the ornate and it is how the world of
business is changing. Hence, the business should be dynamic because a sudden change is
difficult to predict and the financial aspect are completely unknown. A particular project must be
more human oriented rather than process oriented as found from the video in YouTube.com
(2019). The project also requires strong communication and there should occur several meetings
between the active stakeholders to gather the public demands. There should be a continuous
feedback submission and communication among the stakeholders in case there is dynamic
change in a particular project.
Why the topic is chosen
This particular topic is chosen because the performance of a company can be improved
by using the agile methods when the conditions of the project are in jeopardy. It can be deduced
from YouTube.com (2019), that every level of the business, the business analyst must be
established for achieving an innovative culture along with the relevant skills of management. It
has also been described that the business analyst must not be an enabler or facilitator. There are
two different types of systems which can be followed such as the adaptive project management
Importance of Analysis and Evaluation in Business_2

2PORTFOLIO
and the adaptation to the extreme. It has to be kept in mind that every project is different from
each other and management techniques also need to be different.
Role of Agile business Analyst
According to the observation of mine, an agile business analyst’s role is similar to the
role of a product owner. The product owner is responsible for the management of product and
sprint backlog. The product owner deals with the customers and the stakeholders at the
beginning. Founded on the demands and requirements, the product owner makes use of the
stories in detail for creating detailed user story cards. However, the agile /adaptive
methodologies are difficult to implement in the true spirit.
Challenges faced by agile method
As the agile method is maturing in many organizations, there are some factors which can
pose significant challenge for the agile method. Firstly, everyone’s being on board is highly
important. Taken for example, some of the executives want the agile method without the
understanding of the required cultural changes and commitment in the organization. Among
them, some are highly agile but some are not (YouTube.com 2019). The agile method is
successfully adopted by the IT organizations but not by others. The mismatch of agility results in
mismatch of expectations. Secondly, the teams in the organizations are still fining difficulty in
planning management, measurement and other associated aspects.
Week 3: Business Analysis Perspectives
Business Analysis Perspectives
The topic of week 3 was the business analysis perspectives which helps the business
analysts to find themselves and provide value and insight into the specialized areas of business
Importance of Analysis and Evaluation in Business_3

3PORTFOLIO
analysis. It is supportive where the business analyst can offer the values. There can be different
perspectives with the structure of different methodologies, approaches and techniques. As found
from the lectures of Saboe (2019), can change the scope of the business analysis and leave
impact on the knowledge areas along with underlying competencies. The course work of the
third week also depicted the types of business analyst such as an architect who is responsible for
the business, process and data. The business analyst can be only an analyst who is related to the
system and a modeler too who is associated with the process and data. .
Why the topic is chosen
The topic is chosen because it is an integral part of the business analysis. The knowledge
of the business analysis perspectives can be helpful to me in getting a new job, a new project and
a new client too. It can also help me in my career transition and through this knowledge and
understanding I will be able to create a better business plan.
Information Technology
There are various types of perspective lens such as agile, business intelligence,
information technology and business architecture and business process management. The
information technology is a sample predictive approach which functions as a primary liaison
between the technical teams and the business group users. The outcomes of the information
technology are based on the solution development life cycle requirements. It uses the cases and,
the analysis results and various scope models. According to Vimeo.com (2019), business
architecture helps to provide an understandable view of the whole enterprise from an
organizational context. It further helps to support the group as a strategic advisor in making
decisions related to the changes in the enterprise.
Importance of Analysis and Evaluation in Business_4

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