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Enterprise Analysis- Knowledge Area

Enterprise Analysis- Knowledge Area:

         

Enterprise Analysis is a process to identity Business Need, Refine and Clarify the definition of the requirements and define the solution scope that can implemented feasibly by the business. This describes the problem definition and analysis, business care development, feasibility studies, and the definition of solution scope.

 

A Business Analyst contributes to all stages of Enterprise Analysis by using various techniques as follows.

 

  1. SWOT Analysis
  2. GAP Analysis
  3. Feasibility Study
  4. Root Cause Analysis
  5. Decision Analysis
  6. Strategy Analysis

 

 

  1. SWOT Analysis:

 

  • SWOT is the acronym for Strength, Weakness, Opportunity, and Threat.
  • This model is used to understand influencing factors and how they may affect an initiative.

 

  Helpful & Positivity

To achieving the objective

Harmful & Negativity

To achieving the objective

Internal Origin

(Attributes of the organization)

Strengths

(Experienced personal, IT systems, Customer Relationship)

Weakness

(Resource Limitations, Unclear USP)

External Origin

(Attributes of the environment)

Opportunities

(New Market, New Technology)

Threats

(Economic Downturn, Competitor)

 

 

  • BA will find each of the above factor using Brainstorming session at the requirement elicitation stage.
  1. GAP Analysis:

 

  • As the name suggests, This is used to fill the gap between present state and the new version i.e. A GAP analysis is used to compare the current state and desired state of an organization to identify differences.
  • This model is used to identify the problem areas/areas of limitations/areas of improvement and suggest a suitable IT solution.
  • Different stages in GAP stages
  1. Review system
  2. Develop Requirements
  3. Comparison
  4. Implications
  5. Recommendations
  • GAP Analysis is one of the best procedures followed by an organization to improve the process and recognize the processes which needs improvement.

 

  1. Feasibility Study:

 

  • The feasibility study is an analysis of a proposed project to determine whether it is possible or not with the available resources (Technology, Budget, Time).
  • A feasibility study is a preliminary analysis of solution alternatives to determine how each option can provide an expected business benefit to meet the requirements.

 

  1. Root Cause Analysis:

 

  • Root Cause Analysis (RCA) is a process of discovering the root causes of problems to identify appropriate solutions. RCA assumes that it is much more effective to systematically prevent and solve for underlying issues rather than just treating symptoms and putting out fires.
  • Root cause analysis can be performed with a collection of principles, techniques, and methodologies that can all be leveraged to identify the root causes of an event.
  • 5 Why is one the technique to find the root of issue. For each answer, a further why is asked…Stakeholders can be questioned, and the answers will help to find the root of the problem.
  • Tabular method – This is a manual technique to prepare a list of questions/ checklist/ table related to problem. The set of answers can provide the reason of real problem.
  • Fishbone Diagram – It is also called “cause and effect diagram” or “Ishikawa Diagram”. This is an approach to find the reason of problem in retrospective approach and its effect on system in prospective approach.

 

 

  1. Decision Analysis:

 

  • Decision analysis is a technique to take a decision at the uncertain situations avoiding the unknown factors.
  • A BA is involved in decision analysis to confirm the decision on certain plans.
  • It can be financial and non-financial.
  • Financial factors are the financial profit margin, breakeven of the resources, current situation in marketplace etc.
  • Non-financial factors are availability of options affecting business and improper information about processes.

 

 

  1. Strategy Analysis:
  • Strategy is the way/path and scope of an organisation which helps in getting benefits and profits post implementation.
  • Strategy helps in dealing with Goal and vision of business, Resources involved and environment

 

Enterprise Analysis- Knowledge Area:

         

Enterprise Analysis is a process to identity Business Need, Refine and Clarify the definition of the requirements and define the solution scope that can implemented feasibly by the business. This describes the problem definition and analysis, business care development, feasibility studies, and the definition of solution scope.

 

A Business Analyst contributes to all stages of Enterprise Analysis by using various techniques as follows.

 

  1. SWOT Analysis
  2. GAP Analysis
  3. Feasibility Study
  4. Root Cause Analysis
  5. Decision Analysis
  6. Strategy Analysis

 

 

  1. SWOT Analysis:

 

  • SWOT is the acronym for Strength, Weakness, Opportunity, and Threat.
  • This model is used to understand influencing factors and how they may affect an initiative.

 

  Helpful & Positivity

To achieving the objective

Harmful & Negativity

To achieving the objective

Internal Origin

(Attributes of the organization)

Strengths

(Experienced personal, IT systems, Customer Relationship)

Weakness

(Resource Limitations, Unclear USP)

External Origin

(Attributes of the environment)

Opportunities

(New Market, New Technology)

Threats

(Economic Downturn, Competitor)

 

 

  • BA will find each of the above factor using Brainstorming session at the requirement elicitation stage.
  1. GAP Analysis:

 

  • As the name suggests, This is used to fill the gap between present state and the new version i.e. A GAP analysis is used to compare the current state and desired state of an organization to identify differences.
  • This model is used to identify the problem areas/areas of limitations/areas of improvement and suggest a suitable IT solution.
  • Different stages in GAP stages
  1. Review system
  2. Develop Requirements
  3. Comparison
  4. Implications
  5. Recommendations
  • GAP Analysis is one of the best procedures followed by an organization to improve the process and recognize the processes which needs improvement.

 

  1. Feasibility Study:

 

  • The feasibility study is an analysis of a proposed project to determine whether it is possible or not with the available resources (Technology, Budget, Time).
  • A feasibility study is a preliminary analysis of solution alternatives to determine how each option can provide an expected business benefit to meet the requirements.

 

  1. Root Cause Analysis:

 

  • Root Cause Analysis (RCA) is a process of discovering the root causes of problems to identify appropriate solutions. RCA assumes that it is much more effective to systematically prevent and solve for underlying issues rather than just treating symptoms and putting out fires.
  • Root cause analysis can be performed with a collection of principles, techniques, and methodologies that can all be leveraged to identify the root causes of an event.
  • 5 Why is one the technique to find the root of issue. For each answer, a further why is asked…Stakeholders can be questioned, and the answers will help to find the root of the problem.
  • Tabular method – This is a manual technique to prepare a list of questions/ checklist/ table related to problem. The set of answers can provide the reason of real problem.
  • Fishbone Diagram – It is also called “cause and effect diagram” or “Ishikawa Diagram”. This is an approach to find the reason of problem in retrospective approach and its effect on system in prospective approach.

 

 

  1. Decision Analysis:

 

  • Decision analysis is a technique to take a decision at the uncertain situations avoiding the unknown factors.
  • A BA is involved in decision analysis to confirm the decision on certain plans.
  • It can be financial and non-financial.
  • Financial factors are the financial profit margin, breakeven of the resources, current situation in marketplace etc.
  • Non-financial factors are availability of options affecting business and improper information about processes.

 

 

  1. Strategy Analysis:
  • Strategy is the way/path and scope of an organisation which helps in getting benefits and profits post implementation.
  • Strategy helps in dealing with Goal and vision of business, Resources involved and environment

 

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