Remove Information Remove Monitoring Remove Planning Remove Strategy Analysis
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BABOK Strategy Analysis

Watermark Learning

One of those key knowledge areas is Strategy Analysis which we will examine in more detail in this article. IIBA’s BABOK Guide provides a global standard for the practice of Business Analysis and is the key source for the CBAP, CCBA and ECBA exams. Why is Strategy Analysis Important? What are BABOK Knowledge Areas?

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Business Analysis Framework

BA Coach

Next, they grouped them into the following six key knowledge areas: -Business Analysis Planning and Monitoring, -Elicitation and Collaboration. Strategy Analysis. Requirements Analysis and Design Definition. Figure 1 Business Analysis Framework. Business analysis planning and monitoring.

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BABOK Requirements Life Cycle Management

Watermark Learning

The IIBA describes the Risk Lifecycle Management knowledge area as “ the tasks that business analysts perform to manage and maintain requirements and design information from inception to retirement.” Requirements should be monitored so that the delivered solution aligns with requirements.

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BABOK vs PMBOK Guide: What’s the Difference?

Watermark Learning

For instance, it comes with a communications management plan template that breaks down tasks you can use to communicate effectively depending on the stakeholders involved, the information you need to convey, how to get it across, how often, and other factors.

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Business Analysis Knowledge Areas Explained as per BABoK

MindsMapped

Knowledge areas in the BABoK highlights elements of specific analysis expertise that encompass several tasks. Business Analysis Planning and Monitoring. These key tasks are: Plan Business Analysis Approach. Plan Stakeholder Engagement. Plan Business Analysis Governance.

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Elicitation and Collaboration

BA Coach

The Elicitation and Collaboration knowledge area (KA) contains tasks that help Business Analysts to obtain information from the stakeholders. Business Analysts must confirm and communicate the obtained information back to the stakeholders. Communicate Business Analysis Information. Elicitation Activity Plan.

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Risk Management and Analysis for Business Analysis

Business Analysis Knowledge Share

As per the Business Analysis Book of Knowledge Risk management is an ongoing activity. Continuous consultation and communication with stakeholders help to both identify new risks and to monitor identified risks. Risk analysis and management involve identifying, analyzing, and evaluating risks.