: External market trends or gaps the business can exploit.
: Automation and digital transformation trends. Legal : Employment laws and industry regulations. Environmental : Carbon footprint targets and sustainability. Porter’s Five Forces Rivalry : Intensity of existing market competition. Supplier Power : Supplier ability to drive up prices. Buyer Power : Customer capacity to drop prices. Substitution : Threat of alternative products or services. New Entry : Ease of new competitors entering market. Resource Audit Physical assets : Buildings, machinery, and land. Human resources : Employee skills and leadership talent. Financial assets : Cash flow and credit lines.
For understanding external factors.
[ Business Requirements ] │ ┌─────────────┴─────────────┐ ▼ ▼ [ User Requirements ] [ System Requirements ] │ ┌─────────────┴─────────────┐ ▼ ▼ [ Functional Req. ] [ Non-Functional Req. ] Elicitation Techniques : One-on-one deep-dive question sessions.
The primary goal of the book is to equip professionals with a structured approach to identifying business needs and formulating workable solutions to complex problems. Core Components of the BA Service Framework : External market trends or gaps the business can exploit
: Business Process Model and Notation (BPMN), Activity Sampling, and Rich Pictures.
CATWOE allows business analysts to evaluate a business system or proposed change from multiple human and operational viewpoints simultaneously: Environmental : Carbon footprint targets and sustainability
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When resources are limited, you cannot deliver every requested feature at once. MoSCoW categorizes requirements to protect the project timeline: Buyer Power : Customer capacity to drop prices
Inflation rates, currency exchange, and consumer spending.