Researcher Business Development

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“Business Development Researcher Frequently Asked Questions by expert members with experience in Researcher Business Development. These questions and answers will help you strengthen your technical skills, prepare for the new job test and quickly revise the concepts”



95 Researcher Business Development Questions And Answers

21⟩ What INVEST stands for?

INVEST means Independent, Negotiable, Valuable, Estimable, Sized Appropriately, Testable. It can assist project managers and technical team to deliver quality products/services.

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22⟩ Define Pair-Choice Technique?

The pair-Choice Technique is used to give priority to various items in a process. It is mainly used when distinctive stakeholders are involved in the project. This technique asks from the group to compare each item with the other and select the one having highest priority.

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23⟩ Define Agile?

Agile is basically a technique that uses several light-weight methodologies such as Rapid Application Development (RAD), Extreme Programming (XP) and SCRUM. All these methodologies focus on the development of iterative solutions.

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26⟩ Define BCG Matrix?

The Boston Consulting Group (BCG) matrix is developed to analyze several of business processes and new product offerings from companies. It is a useful tool that can be used in portfolio analysis, strategic management, product management, and brand marketing.

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27⟩ Define BPMN Gateway?

BPMN Gateway is a processing modeling component that is used to control flow of interaction, sequence of processes.

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29⟩ Explain what is Pareto Analysis?

It is a decision making technique, also known as 80/20 rule. It is used for quality control and defect resolution. It explains few factors that can be responsible for big problems. It is named as 80/20 rule, because as per this rule, 80 % effects in the system, arises from 20 % causes.

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31⟩ Explain what is Benchmarking?

Benchmarking is about measuring performance of an organization to compete in the industry. In this process a company may measure its policies, performance, rules and other measures.

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33⟩ Do you have any idea about Pugh Matrix?

Pugh Matrix is used to decide about the most optimal and alternate solutions. This technique is now a standard part of Six Sigma technique. It is also known as problem or design matrix.

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36⟩ What are the different types of diagrams and what do you know about them?

Use case diagram (see answer above), activity diagram (see answer above), Collaboration diagram.

A collaboration diagram, also called a communication diagram or interaction diagram, is an illustration of the relationships and interactions among software objects in the Unified Modeling Language (UML). The concept is more than a decade old although it has been refined as modeling paradigms have evolved.

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37⟩ How can you explain the user centered design methodology?

It all depends on the end users. In such scenario, we develop the system with a user's point of view. Who are the end users, what they require etc. Personas are basically social roles, performed by any actor or character. It is derived from a Latin word meaning character. In marketing terminology, it represents group of customers/end users.

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