Group 5  Team member’s name

Pawandeep Kaur

Gagandeep Kaur

Gurtej Singh

Ishika

Blog 2 – Chapter 2 Business Analysis Key Concepts

Business Analysis Core Concept Model: What is the BACCM stands for and what it means?

 BACCM stands for the Business Analysis Core Concept Model and it is the basic underlying concept of the what is the actual Business Analysis all about. It is the tool which helps to understand the changes which happens at the stages of the organisation. This concept consists of six different terms change, need, solution, stakeholders, value and context which makes the user to understand what business analysis all is about.

Six core concepts of the BACCM have their own ideas and practices for the business analysis.

·       Change: Helps to make the transformation in order improve the quality of the project.

·       Need: During any problem or opportunity need to be addressed to the stakeholders.

·       Solution: Solution satisfies the need by finding the answer of the stakeholder’s problems.

·       Stakeholder: Group of the individuals who interested in the organisation and grouped together.

·       Value: Worth of the item that belongs to the stakeholders. It can be tangible or intangible.

Context: The situation which may be influenced by the changes(Ishika)

Key Terms:  There are a different kind of key terms in business analysis which helps to find a solution of various problems.

Business analysis information: it is a set of information that business analysts analyze, transform and report.  There are many examples of business analysis information such as include elicitation results, requirements, designs, solution options, solution scope, and change strategy.

Design:  It is a representation of solution. Design always focus on that how the thing will be look like if it is built and design always give a more understanding.

Enterprise:  The enterprise in business analysis focus on several area. For example, the business needs, understanding of current state of an organization and support in developing a business case. If we talked about the main role of enterprise, then it is a system of one or more organizations, and they use a different solution to pursue a shared set of common goals.

Organization:  organization might be a random group of people who spontaneously came together to address their goals and find a solution for various problems. In it their can be also people under the management of single individual or broad.

Plan: In simple words plan means business analysts made some ideas and set the things how they will work on a particular project. We can also say that it is a proposal  for doing or achieving something.

Requirement: I believe that there is an interconnection between requirement and design because a set of requirements can be used to define design and then these designs give explanation for additional requirements. Apart from this requirement has main focus on understanding what kind of information can be delivered if a requirement is fulfilled.

Risk: Risks means uncertainty. It can be an uncertainty on the value of change, solutions and also enterprise. The business analysts deal with other stakeholders to identify and prioritize risks.(Pawandeep Kaur)

Stakeholders: A stakeholder is a party who has interest in an organisation and can affect or be affected by the business. A stakeholder can be individual or in a team who interacts directly or indirectly with business analyst. There is list of stakeholders:

·       Business analyst

·       Customer

·       Domain subject matter expert

·       End user

·       Implementation subject matter expert

·       Operational support

·       Project manager

·       Regulator

·       Sponsor

·       Supplier

·       tester(Gagandeep Kaur)

Requirements required for the classification schema

SCHEMA: It means representation of the project or the theory in the form of heading or the outline. All the requirements are interlinking with each other.

The requirements need for the classification of Schema are:

·       Business requirement: Gives statements on aims and results that tells why changes should made in the project or in the organisation.

·       Stakeholders requirements: describe what are the needs of the stakeholders that must be fulfilled in order to make them happy and reach the business requirements.

·       Solution requirements: To complete the requirements of the stakeholders some descriptions and qualities are required which are also helpful for the development of the solution. It has two more types:

1)    Functional Requirements

2)    Non-functional Requirements

·       Transition requirements: describes the proficiency a solutionist must have to meet the transition from the current state to upcoming time.(Ishika)

Requirements and designs:  Well in business analysis requirements are focused on the needs whereas designs are focused on the solution. The difference between both requirements and designs is not much clearer because the same techniques are used to elicit, model and analyze both. I think there is an interconnection between requirements and designs as requirements or a set of requirements may be used to define a design and then these designs may be defined an additional requirement that are again used to define more detailed designs. The business analyst can give a design to other stakeholders who may further elaborate more on that. After completing all requirements and designs the business analyst often review on final designs to make sure that they align with the requirements. (Pawandeep Kaur)