2. Poornima Palakollu
Agenda:
What is Business Analysis?
How does it helps in the growth of the industry?
Importance of Business Analysis
Who is a Business Analyst?
What does a Business Analyst do?
Roles and Responsibilities of Business Analyst
Techniques involved in Business Analysis
Outcome of Business Analysis
3. Poornima Palakollu
What is Business Analysis?
Business Analysis is the practice of enabling
change in an organizational context, by defining
needs and recommending solutions that deliver
value to stakeholders. There are set of tasks and
techniques that are used to perform business
analysis.
4. Poornima Palakollu
How does it helps in the growth of the industry?
A STRATEGIC approach helps in
Reduction of TIME,
Reduction of EFFORTS,
Reduction of COSTS
Ultimately it results in the growth of the industry/
company.
5. Poornima Palakollu
Return on Investment (ROI)
Reduces team efforts
Reduces to and froths in gathering and analysing the
requirements
Prioritizes the tasks
Makes complex things to simple solutions
Importance of Business Analysis
6. Poornima Palakollu
A Business Analyst is the one who…
Investigates the industry and situations
Identifies the needs, problems etc.,
Provides simplified solutions
Performs SWOT analysis for optimizing the work
Provides the related documents like SOW, SRS
Does analysis like industry, company, work,
competitive, frameworks, designs mockups,
wireframes, etc.,
Who is a Business Analyst?
7. Poornima Palakollu
What does a Business Analyst do?
Market Research
Competitive Analysis
Requirement Analysis and Management
SWOT Analysis
Scope of Work(SOW), Software Requirements
Specification(SRS), Business requirement document(BRD)
etc.,
Flow Charts
Wireframing
Planning and Management etc.,
8. Poornima Palakollu
Analyse, Define and Implement Strategy to Market for Customized
Solutions.
Reducing the project time by defining the work flow designing
wireframes, mockups etc.,
Improve performance by streamlining and implement process &
strategic work flow
Identifying requirement and suggest solution for that, drafting
proposal also co-ordinate with development team to ensure timely
delivery of the project.
Delivering elements of systems design, including data migration
rules, business rules, wireframes, or other detailed deliverables.
Roles and Responsibilities of Business Analyst?
9. Poornima Palakollu
Techniques involved in Business Analysis
Lead Generation Techniques
Inbound
Outbound
Bidding
Market research
Competitor Analysis
Requirement Elicitation, Analysis, Documentation
And MANY MORE Techniques
10. Poornima Palakollu
Better results with Optimized Solutions
Reduces Team Efforts
High Growth in the Industry
Will have clear VISSION and MISSION
Will have a systematic flow process and achieve the
ULTIMATE GOALS
OUTCOME of Business Analysis