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.
“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”
INVEST means Independent, Negotiable, Valuable, Estimable, Sized Appropriately, Testable. It can assist project managers and technical team to deliver quality products/services.
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.
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.
As a business analyst, I would develop a document stating clearly that no change will be accepted after a certain period of time and get it signed by the user.
Use Case points are used to evaluate the cost of work done to develop the system.
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.
BPMN Gateway is a processing modeling component that is used to control flow of interaction, sequence of processes.
Yes, I have used Kano Analysis in one of my previous jobs. Kano Analysis is used to analyze a system in terms of its requirements to identify its impact on customers' satisfaction.
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.
The activity diagram is important because it gives an outline of the work flow within the business as well as the activities and action completed.
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.
They are three in number, namely as Unexpected Delighters, Performance Attributes and Must Have Attributes.
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.
Since business analysis is an evolving profession, hiring managers want to know that you are aware of the necessary skills for success. You probably have your own list, but make sure to highlight both the technical and nontechnical attributes needed.
As the name implies, activity diagram is all about system activities. Main purpose of activity diagram is to show various activities taking place in an organization in different departments.
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.
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.
A swimlane is related to group activities on an activity diagram while a pool is dedicated activity to a single person.
The most important responsibilities of a business systems analysts are as a communication conduit between the stakeholders and the team
Related: What does a business analyst do?
It all depends on the type and scope of the project. Also a life cycle model is selected on the basis of organizational culture and various other scenarios to develop the system.