
A day in the life of a business analyst
This course will introduce Analysis Tools for Scoping and Planning, Models that Support Business Analysis and Analyses that Support Decision making. Some examples: Benchmarking and Market Analysis, Document Analysis, Scope Modeling and State Modeling.
Effective Learning
FAQs
The Business Analysis Certification Program is aligned with the (Business Analysis Body of Knowledge Guide) BABOK v3 and has a total of fourteen sections that are also presented as individual courses for your convenience.
After completing this topic, you should be able to identify the elements of benchmarking and market analysis
After completing this topic, you should be able to recognise the steps in performing document analysis
After completing this topic, you should be able to distinguish between scope modelling diagramming techniques
The Science of Better Learning
After completing this topic, you should be able to distinguish between the elements of state modelling
State Transition Diagram
After completing this topic, you should be able to recognize how to apply scoping and planning tools in business analysis
After completing this topic, you should be able to recognise the characteristics of process modelling
Flowchart/Business Process Model/Activity Diagram
After completing this topic, you should be able to recognise the characteristics of process analysis
SIPOC Model
After completing this topic, you should be able to recognise the types of organisational models
Functionally-oriented Organizational Model
After completing this topic, you should be able to identify the elements of an interface definition
Interface analysis diagram
After completing this topic, you should be able to recognise the elements of data flow diagrams
Context Diagram Gane-Sarson Notation/Level 1 Diagram Yourdon Notation
After completing this topic, you should be able to recognise considerations for using data mining
After completing this topic, you should be able to recognise considerations for using data modelling
Entity-Relationship Diagram (Crow's Foot Notation)
After completing this topic, you should be able to distinguish between common prototyping methods
After completing this topic, you should be able to recognise how to apply models that support business analysis
After completing this topic, you should be able to recognise characteristics of risk analysis and management
Example of a Risk Register
After completing this topic, you should be able to distinguish between methods of financial analysis
Example of a Cost-Benefit Analysis
After completing this topic, you should be able to describe root cause analysis
Fishbone Diagram
After completing this topic, you should be able to define the elements of a SWOT analysis
SWOT Matrix
After completing this topic, you should be able to distinguish between decision modelling and decision analysis
Simple/Weighted Decision Matrix
Decision Table/Tree
After completing this topic, you should be able to recognise how to apply decision-making analysis tools
IIBA Certifications
Congratulations! You just finished the Analytical Techniques Used for Business Analysis.
You think knowing stuff changes the game? You think sitting in a library, stacking up facts like you’re building a Jenga tower, is gonna make you a winner? Man, that’s cute. But life ain't a trivia night. Information alone? It’s worthless. It’s like having a Lamborghini in your garage but you never learned how to drive. You just sit in it, making engine noises. Vroom vroom. People walk by, they see the car, but they also see you ain't going nowhere. You got all this knowledge, all these textbooks, but when life throws a punch, you’re still looking up the definition of "duck." It’s what you *do* with that information that actually matters. Don't be the person with the shiny car and no keys.
The Analytical Techniques Used for Business Analysis is the 9th course of the Business Analysis Certification Program which includes a total of 14 courses.
One definition of analysis is to break down a problem or process into its elemental parts to identify solutions. It could also apply to breaking something down to identify problems or opportunities for change. Analytical techniques assist the business analyst to identify problems and to find solutions.
This course will introduce Analysis Tools for Scoping and Planning, Models that Support Business Analysis and Analyses that Support Decision making. Some examples: Benchmarking and Market Analysis, Document Analysis, Scope Modeling and State Modeling.
We are also going to discuss about: Process Modeling, Process Analysis, Organizational Modeling, Interface Analysis, Data Flow Diagrams, Data Mining, Data Modeling and Prototyping. Finally, some words about Risk Analysis and Management, Financial Analysis, Root Cause Analysis, SWOT Analysis and Decision Modeling and Decision Analysis.
Analysis Tools for Scoping and Planning
1. Benchmarking and Market Analysis
2. Document Analysis
3. Scope Modeling
4. State Modelling
5. Exercise: Scoping and Planning Tools
Models that Support Business Analysis
1. Process Modeling
2. Process Analysis
3. Organizational Modeling
4. Interface Analysis
5. Data Flow Diagrams
6. Data Mining
7. Data Modeling
8. Prototyping
9. Exercise: Business Analysis Models
Analyses that Support Decision making
1. Risk Analysis and Management
2. Financial Analysis
3. Root Cause Analysis
4. SWOT Analysis
5. Decision Modeling and Decision Analysis
6. Exercise: Decision-making Analysis Tools
You can use this course to improve your business analysis knowledge and abilities and to obtain the certifications provided by the International Institute of Business Analysis.
This course is part of the Business Analysis Certification Program which includes 14 courses. That’s it! Now go ahead and push that “Take this course” button and see you on the inside!