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Version: 10.2.8

Introduction

Business analysis is a disciplined approach to introduce and manage changes for organizations, whether for-profit businesses, governments, or non-profits. Business analysis is done to define solutions that will maximize the value delivered to the business and lead the business through the unknown or unmapped territory to get it to its desired destination. The value of business analysis is in realizing benefits, avoiding cost, and identifying new opportunities and required capabilities. Through the effective use of business analysis, we can ensure an organization realizes these benefits, ultimately improving how they do business.

Business analysis is a key activity in the project success conducted by Data Analysts throughout the project lifecycle. Effective business analysis results in project deliverables designed according to the requirements and delivered on time, bringing value to business.

The goals are as follows:

  • Identify automation value and success criteria.
  • Detail project scope.
  • Prioritize requirements and deliver MVP.
  • Create and maintain baseline requirements and change a management process.