Business analysis involves a set of techniques and tasks used as a connection among different stakeholders for reasons of understanding the structure, operations and policies in a particular company or organization. It also includes recommending appropriate solutions that will enable an organization to meets its objectives. In most cases, persons with job titles like business architect, product managers, process analysts or consultants assume the responsibility of business analysis.
A business analyst will help a company find a solution that will meet a business need by solving problems and allowing an organization to take advantage of every benefiting opportunity. A solution exists in varied component. It may include the process that manages it, the Information Technology structure, which supports it and the process that plays part in managing the business. With the availability of a business analyst, an organization is able to definite the optimal solution for its needs.
Solution scope plays a very big part in business analysis. It is central to business analysis in the sense that it constitute a set of capabilities a solution must have to meet the very needs of a business. In business analysis, a methodology is inclusive. It helps in determining which analysis task and technique is most appropriate to solve the problems a particular business faces. A methodology is different from a technique. It is important to note that a methodology will always affect each task perform in the course of the entire project.
The use of Business Analysis Planning and Monitoring is important in the whole of this concept. It helps in determining which tasks are appropriate to perform to complete a particular business analysis effort. In fact, this is a very fundamental input in the entire project plan. Here is the food for the thought; you must be a professional and visionary project manager if you are going to consider becoming a business analyst. Proper project management entails responsibilities, which include organizing and coordinating all the business analysis tasks.
According to my opinion, the purpose of Business Analysis and Monitoring is to help with planning the execution of business analysis tasks, assess the continuity of a particular business analysis practice, change or update the approach to business examination should there be a need to do so and to ensure there is a proper consistence in improving business analysis practices. The output should be effective. The initiative underway determines the level of output. The output should be effective so that there will not be a need to redo the analysis again.