Business Analysis is concerned with a review of the desired deliverables versus the current Data Sources and Information currently available. This will result in a Benchmark for the current “state of Play”. Comparing this against the proposed deliverable allows Gap, Risk & SWOT Analysis and Project deliverables to be refined. Business Analysis should document the Business Requirements, the technical requirements and identify data sources, data targets, frequency and formats for information delivery.
Business analysis as a discipline has a heavy overlap with requirements analysis sometimes also called requirements engineering, but focuses on identifying the changes to an organization that are required for it to achieve strategic goals. These changes include changes to policies, processes, and information systems.
Examples of business analysis include:
- Enterprise analysis
focuses on understanding the needs of the business as a whole, its strategic direction, and identifying initiatives that will allow a business to meet those strategic goals.
- Requirements planning and managementinvolves planning the requirements development process, determining which requirements are the highest priority for implementation, and managing change.
- Requirements elicitationdescribes techniques for collecting requirements from stakeholders in a project.
- Requirements analysis
describes how to develop and specify requirements in enough detail to allow them to be successfully implemented by a project team.
- Requirements communication
describes techniques for ensuring that stakeholders have a shared understanding of the requirements and how they will be implemented.
- Solution assessment and validation
describes how the business analyst can verify the correctness of a proposed solution, how to support the implementation of a solution, and how to assess possible shortcomings in the implementation.