Define business analysis.
The practice of identifying business needs and finding technical solutions.
True or false: Stakeholder engagement is crucial in business analysis.
TRUE
Engaging stakeholders ensures their needs and expectations are understood.
Fill in the blank: Requirements are the _______ of a project.
foundation
What is a stakeholder?
An individual or group with an interest in the project’s outcome.
Define requirements elicitation.
The process of gathering requirements from stakeholders.
What is the purpose of a business case?
To justify the need for a project and its expected benefits.
True or false: SWOT analysis identifies strengths, weaknesses, opportunities, and threats.
TRUE
SWOT analysis helps in strategic planning.
What does gap analysis do?
Identifies the difference between current and desired performance.
Fill in the blank: Use cases describe how users _______ with a system.
interact
Define feasibility study.
An assessment of the practicality and viability of a proposed project.
What is a process model?
A visual representation of a business process.
True or false: Business requirements are the same as technical requirements.
FALSE
Business requirements focus on needs, while technical requirements focus on implementation.
What is the role of a business analyst?
To bridge the gap between stakeholders and technical teams.
Fill in the blank: Stakeholder analysis helps identify _______ and their influence.
interests
Define requirements traceability.
The ability to link requirements back to their origins.
What is a project charter?
A document that outlines the project’s objectives and scope.
True or false: Change management is not part of business analysis.
FALSE
Change management is essential for implementing new solutions.
What does RACI stand for?
Responsible, Accountable, Consulted, Informed.
Fill in the blank: User stories are written from the _______ perspective.
user
Define business process reengineering.
The radical redesign of business processes to improve efficiency.
What is the purpose of data modeling?
To create a visual representation of data structures.
True or false: Agile methodologies do not require documentation.
FALSE
Agile values working software but still requires documentation.
What is a risk analysis?
The process of identifying and evaluating potential project risks.
Fill in the blank: Decision trees help visualize _______ and their outcomes.
choices