Steps in Business Analysis

Business Analysis Elements include the following:

Enterprise Analysis: Focuses on understanding the needs of the business sector as a whole, its strategic direction, and identifying initiatives that will help the organization achieve these strategic goals.

Requirements Planning and Management: Involves planning the necessary development steps, prioritizing the requirements for implementation, and managing any changes to them.

Identify Requirements: Describes the techniques needed to gather requirements from project stakeholders.

Requirement Analysis: Details how to clarify and specify the requirements sufficiently for successful implementation by the project team.

Requirements Communication: Describes the techniques to ensure that stakeholders have a shared understanding of the requirements and how they will be implemented.

Evaluate the Solution and Verify Its Effectiveness: Describes how a business analyst can verify the effectiveness of the proposed solution, support its implementation, and evaluate potential shortcomings in execution.