Business Analysis: Evaluating Solutions and Project Requirements

Verified

Added on  2023/04/26

|6
|1184
|374
Homework Assignment
AI Summary
This assignment evaluates a business solution, focusing on project needs, stakeholder requirements, and the benefits of implementing the proposed changes. The solution emphasizes the importance of accurate information, proper formatting, and adherence to a defined protocol. It assesses the need for change through stakeholder input and identifies dependencies such as resource availability, time schedules, and cost considerations. The assignment also explores potential outcomes if the solution is not built, and provides measures to determine the project's success, including risk analysis and cultural changes. Furthermore, the solution highlights the value of evaluation, the importance of lessons learned, and the key criteria for assessing the implementation of requirements. The analysis includes dependencies, recommended solutions, and associated benefits, supported by references to relevant sources.
Document Page
Assignment Name Student ID
Assignment Name
Student Name
24 Feb 2019
1 | P a g e
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Assignment Name Student ID
How do you evaluate your solution?
In particular, the evaluation of the solution requires certain criteria which include; (i) proper
formatting; (ii) accurate values and description; and (iii) satisfying the given context. Additional
evaluation includes, if appropriate protocol has been followed and that it should solve the
purpose of decision making by stakeholders.
What was the goal?
The overall goal is to include relevant, accurate and explicit information within the required
format.
How do you know if you met your goal?
Furthermore, it should be evaluated based on proofs of concept as well as assessed by other
personnel. Finally, the value of solution also evaluates if it meets the goal.
Review the results from the elicitation process and transform them in to a need for your
project.
Once the solution fulfills the acceptance and evaluation criteria, it should be transformed into the
project using following methods like comparison and contrast with previous similar results. Use
benchmark strategies and evaluate the associated conditions along with results as well as criteria
like key performance indicator and metric.
Analyze the need of change.
The need of change should be based on stakeholder’ assessment and acceptance by the end user.
2 | P a g e
Document Page
Assignment Name Student ID
Make sure you check for any dependencies on other requirements, ******** cost********
scope changes.
The dependencies on the requirement such as resource availability, time schedule, cost
consideration, and willingness of involved parties should always be included in the solution.
Provide any outcomes that you believe could result if the solution was not built.
In case if the solution was not built, probably outcomes could be (i) failing to complete within
given time; (ii) no comparison of standards or with previous results; (iii) Proposal and
boundaries will not be clear; (iv) no set of requirements can be analyzed (Conger, 2015).
How do you know if your solution was a success? Are there any measurements that a Business
Analyst can use to provide data on the success of the project?
The measures to check include clear description of strategy and its feasibility, future
perspectives, inclusion of risk analysis, and the overall scope of solution for decision making
purpose.
Gather and report on any cultural changes, stakeholder impact, or operational structure
changes that were done or not done.
Discussion is based on cultural transformation survey (2017) report.
Describe how they collected and validated the performance of the solution.
The results are collected based on outcomes of associated activities for cultural change within the
organization as well as collective opinion from employees. The performance of solution is
defined by first describing the challenges and then collective statistics that affect the
organizational objectives.
3 | P a g e
Document Page
Assignment Name Student ID
Describe any risks that could be encountered as the solution is measured against the
outcomes.
Risk include level of uncertainty among employees as the viewpoint of all employees are not
same. Next, the impression of the team might not be positive for the concurrent plans.
Based on your findings, be ready to tell the class your opinion on if the solution was a success
and what measurements suggest it was a success.
In my opinion, the solution is a success, as it evaluates all the drivers, challenges, and
effectiveness of tactics and provide facts to help in future decision.
Evaluating a solution takes time and energy. Is it worth it?
Yes, evaluation of solution is worth, as it includes, associated challenges, results, conclusion
based on benchmark studies, elements of assessment, and insights for decision to be made by
stakeholders.
After a project, lessons learned are usually facilitated by the Project Manager. As a Business
Analyst on the team, what types of analysis would you be looking for on the implementation of
your requirements to make sure they meet the solution's evaluation?
As an analyst, it evaluation include criteria for formatting, protocol, risk, and other related
concerns like relevance and accuracy, if included. These criteria are important, as they constitute
the overall aim of a solution.
4 | P a g e
tabler-icon-diamond-filled.svg

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Assignment Name Student ID
For your task, submit the deliverable for your personal project. Include the following:
An analysis of the need for the change.
The need of change could be based criteria of fulfilling the requirements.
Dependencies include clear definition of project scope, the availability of resources included,
validity of the methods adopted, supporting the results based on previous similar studies,
theories, and other information from peer-reviewed sources.
Make sure you check for any dependencies on other requirements, ******** cost
********cope changes.
Recommend a solution that addresses the need. Explain why and how the recommended
solution meets the needs of the users.
Recommendation and explanation: (i) referring to the given protocol – this will fulfil the given
criteria and qualify the solution validity; (ii) analyze the balance between resources required and
the authenticity of the results – this will confirm if the solution can be completed and also
identify persistence of any risk; and (iii) if solution delivers accurate results and conclusion – this
will satisfy the stakeholder’ requirement, that is the purpose of decision making and thus solution
aim is fulfilled (Aoyama, 2016).
Provide at least 2 benefits supporting the change.
Benefits include: (i) the solution will be authentic and according to the requirement. (ii) it will be
accepted for successive purpose with authenticity.
5 | P a g e
Document Page
Assignment Name Student ID
References:
Cultural Transformation Survey Report 2017. [Online] Accessed on 24 Feb 2019. Available at
http://www.corporate-leaders.com/sitescene/custom/userfiles/file/Cultural
%20Transformation%20Survey%202017%20Report.pdf
Conger, S. (2015). Six sigma and business process management. In Handbook on Business
Process Management 1 (pp. 127-146). Springer, Berlin, Heidelberg.
Aoyama, M. (2016). Bridging the requirements engineering and business analysis toward a
unified knowledge framework. In International Conference on Conceptual Modeling (pp.
149-160). Springer, Cham.
6 | P a g e
chevron_up_icon
1 out of 6
circle_padding
hide_on_mobile
zoom_out_icon
logo.png

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]