Business Analysis Techniques
Business Analysis Techniques varies from situation to situation and there are three different approach/methods to it which we need to understand prior to techniques First we need to understand what BA technique means, Business - Understanding the need of the product, Analysis - Design a solution to the problem identified while developing a product, Technique - Approach or method to be utilized for achieving the goal of product. PESTAL - Political, Economical, Social, Technological, Legaal, Environmental MOST - Mission, Objectives, Strategy, Tactics. SWOT Business Analysis techniques varies from category to category. In this article we would be explaining the brief understanding of BA techniques in reference to BABOK guide. BA techniques can be categorized into various categories such as, Elicitation Planning RAD - Rapid Application Development Requirement LCM (lower of cost or market) Solution Evaluation Strategy Elicitation: In requirements engineering, requir...