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An uncertain event (fire, flood, rain) or condition (unavailability of resources) that might impact on either cost, time, scope or quality. Risk analysis is done to determine if the proposed project carries more risk than the organization’s capacity to support. Risk Identification Risk Assessment Risk Response Planning RISK Risk Avoidance Risk …

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Brainstorming   Our brain is filled with tons of information. Some related to a topic, some unrelated to that topic but might be related to another. As a BA when you decide to work on a project, you have to think about its design, structure, ability, quality, durability, cost and …

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Risk Analysis and Management

Risk Analysis and Management:- Risk – It is an uncertain event which, if occurs, might effect the scope, schedule, cost and quality of a project. As mentioned earlier, It is an uncertain event. It may or may not occur. Risk Analysis and management is a process of Identifying Risk events …

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Root Cause Analysis

Root Cause Analysis An unexpected outcome / repeating incident which is caused by an error which leads to a the outcome / repeating incident through chain based events. RCA helps in finding the error or the origin of faults which caused the unexpected outcome. In other words, RCA helps in …

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Risk Analysis and Risk Management

Risk Analysis and Management   All projects have some elements of uncertainty about them, and that is where Project Risks comes in the picture. There can be Individual Risks within each process or risk at a step of a project. There can also be few instances or points which accumulate …

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SWOT Analysis

SWOT   ANALYSIS:   SWOT is a phrase and can be depicted as Strengths, Weaknesses, Opportunities, & Threats. Basically it is a structure planning method that figures out those four elements of any organization, project or business venture or we can apply this methodology to personal level as well. It is …

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Role of BA in handling Change Request

When a BA is working on any Project he has to be ready to expect for a change. The client may raise a Change Request at any stage of the project, it may be at the very initial stage or it may be at the final stage. When a client …

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Business Process Modeling

Business process is a collection of structured activities or task to produce a specific out. For example – product or service. The term BPM is the noun form of business process modeling and refers to a structural representation, description of diagram, which defines a structural representation, description or diagram, which …

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Analytical thinking and problem solving

Analytical thinking and problem solving are fundamental skills which help any individual perform in an effective manner in an organization .As a Business analyst when a client needs a solution for an existing problem in their business a Business analyst should have the ability to think critically, analyze the problem, …

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