Summary of Business Analysis Overview Lecture

Jul 8, 2024

Summary of Business Analysis Overview Lecture

Course Overview

  • Duration: 10 days, daily from 7 to 7:45 a.m. USD timing
  • Instructor: Pradipa, Senior Business Analyst with 16 years of experience
  • Objective: Guide individuals on becoming Business Analysts

Day 1 Topics

Why Become a Business Analyst?

  • Variety of jobs in IT: Tester, Developer, Engineer, Business Analyst (BA), Product Owner, Scrum Master, Project Manager
  • Advantages of being a Business Analyst
    • Diverse career paths: vanilla BA, system analyst
    • Opportunities across different industries and global locations
    • Possibilities for career growth (lead BA, senior BA, Product Owner, Scrum Master, Project Manager)
    • Skill enhancement and self-assessment

Market Demand and Global Opportunities

  • BAs are needed in both IT and non-IT backgrounds
  • Opportunities across various countries
    • Examples: US, UK, Australia, New Zealand, India, Bangladesh

Employer Types

  • Service-based companies (e.g., TCS, CTS)
  • Product-based companies (e.g., Amazon, Microsoft, Google)
  • Differences in pay and work environment between service-based and product-based companies
  • Market specifics (e.g., local compliance laws, global operations)

Domains for BAs

  • Healthcare, Banking, Retail, Insurance, E-commerce
  • Specializations in technologies (e.g., Pega, Salesforce, Guidewire)
  • Importance of domain knowledge and technical skills

Core Skills for BAs

  • Requirement gathering, documentation, user story writing
  • Expertise in Agile and Waterfall methodologies
  • Essential tools: Jira, Confluence, Lucidchart, SmartSheet

Self-Assessment and Continuous Learning

  • Regular self-assessment to identify skill gaps
  • Continuous learning and upskilling
  • Networking and building professional relationships
  • Importance of resume writing and highlighting specific skills (Agile, domains, tools)

Practical Guidance

Day-to-Day Responsibilities

  • Conducting requirement gathering sessions and identifying business needs
  • Creating user stories, tasks, and defects in Jira
  • Writing documentation: BRDs, FDs, SRS, RTM, SIT, UAT plans
  • Drawing flowcharts, UML diagrams, and business process models

Stakeholder Management

  • Managing relationships and resolving conflicts with stakeholders
  • Coordinating with internal and external teams
  • Practical examples of conflicts and solutions

Technical Aspects

  • Introduction to APIs (SOAP, REST) and integration specifics
  • Basic understanding of Pega, Salesforce, and other technical platforms
  • SQL, Tableau for reporting

Real-World Application: Case Study Approach

  • Example project: Electronic Medical Records (openEMR)
  • Step-by-step process: requirement gathering, process flow diagrams, user stories, testing scenarios

Tools and Techniques

Key Analysis Techniques

  • SWOT Analysis, MOST Analysis, Pestel Analysis, CATWOE Analysis
  • Business Process Modeling: Lucidchart, Visio, SmartSheet
  • Creating Prototypes: Balsamiq, Sketch, Figma

Testing and Validation

  • Types of testing: SIT, UAT, Performance, Security
  • Tools for testing: SmartSheet for test planning, detailed documentation
  • Handling real-world testing scenarios

Important Interview Topics

  • Roles and responsibilities of BAs in Agile environments
  • Agile Manifesto, Scrum values
  • Difference between user stories, epics, tasks
  • Sprint planning, Daily Standup meetings, Sprint retrospectives
  • Key Performance Indicators (KPIs) and metrics in Agile: Burnup/Burndown charts

Final Note

  • Emphasize the continuous learning and practical application of skills
  • Importance of actively participating in all project phases and communicating effectively with the team and stakeholders.