Business analysis planning process helps the business analyst set expectations by encouraging discussion and agreement on how the business analysis work will be undertaken and avoids confusion regarding roles and responsibilities during execution.
There are 110 individual business analysis tools and techniques in the PMI Guide to Business Analysis. Some are used once in the project, and some appear many times across multiple business analysis processes within the project.
Business analysis has been performed for decades, and despite its long-term existence, the role of the business analyst is still considered fairly new. While the number of business analysts employed is on the increase as the role continues to mature and evolve globally, the role of the business analyst is often misunderstood within organizations.
MoSCoW analysis is technique used for establishing requirement priorities where participants divide the requirements into four categories of must haves, should haves, could haves, and won’t haves.
The 5 Whys problem solving technique is used for conducting root cause analysis suggesting anyone trying to understand a problem needs to ask why it is occurring up to five times to thoroughly understand its causes.
PESTLE analysis is an external environmental analytical approach to investigate external business factors. These factors are, in general, out of control to the businesses. And, the analysis of these business factors results either in threats or opportunities to the organization.
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