Business Analysis Fundamentals
In this tutorial, you will learn business analysis fundamentals from the very basics. This tutorial covers the basics of business analysis, the role and responsibilities of a business analyst and how does a business analyst handle requirements? It will also cover the global certifications for business analysts.
This tutorial course will help you in:
- learning business analysis fundamentals
- getting you started on your quest to become a business analyst
- Taking a decision on business analyst career choice
What does this tutorial cover?
This business analysis fundamentals tutorial course has 6 chapters, as shown below:
- What is Business Analysis?
- Business Analyst Role and Responsibilities
- Software Development Process Part A
- Software Development Process Part B
- Handling Requirements as a business analyst
- Certifications to become to business analyst
What is Business Analysis?
Business analysis is the discipline of identifying business needs, determining & Validating solutions to the business problems.
Business analysis comprises of three key aspects as shown below:
The first element of business analysis is to understand the problem/needs of the customer. The second element of business analysis is to determine – how to address or to solve the customer needs. The third element of business analysis is to validate the effectiveness of the solution.
Business Analysis Example
Let’s take a simple example to understand business analysis elements.
A customer organization is having an issue with managing customer queries effectively (their customer service executives are slow in responding). They want to address this problem.
So in this case, what’s the need? –
To find a solution to make customer service management more responsive.
The next element is to determine the solution to address the needs. It’s common to have more than one alternatives to address the needs.
What are the alternatives in this case?
- To buy a customer relationship management software product like SIEBEL CRM
- To get a new CRM software developed to address the need (Known as customized solution)
- To get a subscription based software (SalesForce)
One of the solutions needs to be chosen based on cost, features, technology and other factors. The implementation of the solution follows.
The last element of business analysis to determine the effectiveness of the chosen solution.
So, how do we validate?
In software parlance, we conduct testing (verification and validation) to validate the solution. The validation may also extend to measure the effectiveness after the solution is in use for a certain period of time.
Even though I have taken the software industry example, business analysis is relevant for any industry.
Who is a business Analyst?
A business analyst is a professional who is engaged in the business analysis activities. A business analyst may not be conducting all the business analysis activities in every project or initiative. However, a business analyst must be capable of carrying out these tasks.
The focus of this tutorial course is to discuss the Business Analyst role in the IT industry
Watch this video to know more about – what is business analysis & who is a business analyst?
Business Analyst Role and Responsibilities
The second chapter of business analysis fundamentals tutorial course deals with the role and responsibilities of a business analyst in details.
Software Development Process Part A & B
The next two chapters in this business analysis fundamentals tutorial course is about understanding software development process.
These two videos explain the software development process from the grounds up. Even if you are a non-IT professional, you can understand it.
You may skip the Part A, if you are already familiar with SDLC process.
Software development process Part B video
This video explains the activities carried out in each phase of the software development process with the help of a simple application.
Handling Requirements as a business analyst
A business analyst deals with the gathering, analysis and managing of requirements on a day-to-day basis. This chapter will cover the following topics:
- Types of requirements
- How do requirements evolve from business needs to functional/non-functional requirements
- common terminologies
Certifications to become to business analyst
The last chapter of this business analysis fundamentals tutorial course will explain the global certifications available for becoming a business analyst.
IIBA is one of the leading organizations certifying business analysts across the world. Techcanvass is an endorsed education provider of IIBA.
We have next level of tutorials, which you can watch next. You will find the first 2 videos common with this tutorial there, you can skip them and watch other 3 videos to understand:
- Popular SDLC methodologies
- Requirements Analysis and Modelling with UML diagrams
- Verification and validation
All the topics in the business analysis fundamentals tutorial and the above tutorial are covered in-depth in our business analyst training courses.
Techcanvass Youtube Channel
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Techcanvass offers IT certification courses for professionals. We are an IIBA endorsed education provider (EEP), iSQI ATP (for Certified Agile Business Analyst Training) as well as Agile Testing alliance partner for CP-SAT certification training in Selenium.
We have a Business analyst training course with domain training in-built into it. This training program offers you the opportunity to get certified with ECBA certification as well as have banking domain understanding.