Techniques For Prioritising Requirements

Techniques For Prioritising Requirements

Requirements prioritization is one of the key tasks that business analysts should assist stakeholders to complete. Priorities serve as a guide to determining which requirements should be fulfilled first and how scarce resources should be allocated. The prioritisation exercise should be done with key stakeholders who have the authority to make decisions on eliminating or including business requirements based on their relevance. 

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Methods of Financial Analysis

Methods of Financial Analysis

Conducting a review of how a business is performing can prove daunting, since it requires an organised collection and evaluation of financial information. Financial analysis may be defined as the process of highlighting the financial strengths and flaws of a business by studying both the balance sheet and income statement elements.

Financial statements produce a summary of data from which important analysis and interpretation can be made.

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Mintzberg’s 5Ps of strategy technique

Mintzberg’s 5Ps of strategy technique

The strategic management discipline relies on different definitions of strategy for researchers and practitioners. Henry Mintzberg, an expert in the management discipline, developed five different meanings of strategy (5Ps) to help others in the application of strategy. According to Mintzberg, the different approaches to strategy are:

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Mind Mapping

Mind Mapping

Throughout the analysis phase, the primary role of business analysts is to investigate, evaluate and scrutinise information obtained from stakeholders as well as any relevant project documentation. This can be simplified by applying mind maps to structure the information obtained through a carefully thought-out representation of ideas, concepts, thoughts, and problems.

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The Basics Of Organisational Modelling

The Basics Of Organisational Modelling

Organizational modelling is a technique for describing the roles and reporting structure within a business and ensuring that the structure supports the goals of the business. Organizational models are usually designed by grouping people with a common set of objectives together. An organisational model illustrates:

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The Role of Business Analysts in Roles & Permissions Mapping

The Role of Business Analysts in Roles & Permissions Mapping

Mapping of Roles and Permissions is a key task in any software development project that should be planned as part of system implementation. BAs should not wait until the project is almost over before performing the role mapping exercise, which should ideally, be done in collaboration with key stakeholders. 

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