The document summarizes the key aspects of business analysis and the ideal way it should be conducted. It outlines the typical business analysis journey from defining measures of success, to requirements gathering, solution development and implementation. However, it notes that some key elements are often missing - understanding market trends, competitor products, and latest technologies. The ideal approach involves understanding the business arena, focusing on cost optimization, end-user experience, and ensuring the solution meets evolving needs. This leads to satisfied clients and fulfilled business analysis.
2. Agenda
• The ‘Business Analysis’ Journey
• Usual practice for business analysis
• The Missing Link
• The ideal way of Business Analysis
• The key focus areas
• The complete picture
3. Business Analysis Owner
…A journey defines measures of success and revenue
targets
Sponsors Business Analysts confirm &
establish a Programme that delivers document
the strategy
Business Analysts document
Programme details
Programme Managers
Institute Projects that implement the programme
Project Stakeholders
Business Analysts document
the Project details
Business Analysts elicits the specific
requirements for Projects from the
various stakeholders
Development Team
build solution Business Stakeholders & Testing Teams
… test solution
Business Analysts protect
requirements & document …
Business Analysts ensure tested against
compromises
requirements
Project managers
Implement solution
Business Analysts help with
-Process and data migration
-Cutover planning
-Rollout
Users
Accept solution
4. How do I
Multiple
Quick time integrate
Hi, I’m Rohit, & I’m a Access
to market various billing
Types
BA and analyzing systems?
requirements for
launching a new
internet based product How do I How do I
develop this migrate the
in so less existing
Multiple time? users?
Integrated
Usage
Billing
Plans
Value
added
services
Business Requirement Identified
The Solution is
getting launched in All stakeholder’s are
the required time in concurrence
The understanding of business requirements is Scope is
What business analysis is all about!! managed
Business Proposed
Need solution and
Identified? need are in sync
Solution designed to meet the business requirement
Good job,
Wow! What a great BUT
and a useful internet We could have
service B U T a little done better
complex to use
Finally, product
launched in time
with all the required
features
4
5. The missing link
What was still
missing when ….
I understood the business need correctly
I took care of every Stakeholder’s
requirement
I scoped the requirement correctly and
my proposed solution was accepted
I got the exact product features
developed
I managed to get it launched in time
5
6. How do I
Multiple integrate
Quick time
Hi, I’m Rohit, & I’m a Access various billing
to market
Types systems?
BA analyzing
How do I How do I
requirements for develop this in migrate the
launching a new so less time? existing
internet based product users?
Do I know
what’s the Can I use
Multiple market trend? some better
Integrated technology?
Usage
Billing
Plans
Will the end
user be able
Can I save
to use this?
cost?
Value
added
services
Business Need Identified
Competitor The Solution is All
Solution can be getting launched
products stakeholder’s
reused thus in the required
analyzed are in
saving cost time concurrence
Easy for end I’ve also know the real Scope is
The understanding of business requirements is
user to use business need managed
What business analysis is all about!!
Systems are Product
Product Business Proposed
scalable: Can variants can
variants can Need solution and
adapt to future be launched
be launched Identified need are in sync
needs in no time
in no time
Solution designed to meet the business need
Product variants
Wow! What a great can be launched
and a useful internet in no time Easy purchase
service a n d s o and pay bills
easy to use
Integrated billing
Finally, a complete for all types of
product launched in Fast internet features used
time service with ease
of access Value Added
Features
6
7. Focus Areas
Business Arena Understanding the business
• Following the market trend
• Analysis of competitor products / services
• SWOT Analysis
• Adopting best practices
Technology Knowhow of the latest technology
• Keeping track of latest technological developments
• Ready reckoner of comparative technical details of various packages
• Quick impact analysis for adoption of latest technology
Cost Where can cost be saved and how?
• Create reusable components which can be used to save future investments
• Design a scalable system that can take care of future requirements
• Check for low cost options which can be used without an impact on the functional or non-functional
performance of the system / product
End User’s Shoes Consumer Expectation Management
• BA should know the usability issues and also align himself towards Consumer Expectation/Experience
Management
• Learn from previous projects’ failure points managed by himself or by fellow BA colleagues
• Document the best practices used in other projects and try to reuse
7
8. Business Analysis…
Journey fulfilled Owner
defines measures of success and revenue
targets
Sponsors Business Analysts confirm &
establish a Programme that delivers document
the strategy
Business Analysts document Strategists
Programme details determine the strategy to hit the targets
Business Analysts should help the
Project Stakeholders strategists is designing market strategy
with his analysis
Business Analysts elicits the specific
requirements for Projects for the
various stakeholders
Programme Managers
Institute Projects that implement the programme
Development Team Business Analysts document
build solution the Project details
…
Business Analysts protect
requirements & document
compromises
Business Stakeholders & Testing Teams
Project managers test solution
Implement solution …
Business Analysts help with Business Analysts ensure tested against
-Process and data migration requirements
-Cutover planning
-Rollout
Users
Accept solution
Business Analysts should analyze the user
feedback and give feedback to the
stakeholders and the owner
8
9. A satisfied client!
Great job Rohit!
You’ve really helped
my business in a
+ve way
9
