Monthly Archives: May 2022

Decision Modeling

Many business processes require decisions to be made. Decision modeling is about the making and automating of repeatable decisions. Some decisions require unique human judgment. They may arise from unusual or entrepreneurial situations and involve factors, needs, and emotions that … Continue reading

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Decision Analysis

Some decisions are fairly straightforward to make. This is true when the number of factors is limited and when their contributions are well defined. Other decisions, by contrast, involve more factors which contributions are less clear. It is also possible … Continue reading

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Business Analysis Embedded Within Project Management

I often describe the process of business analysis as being embedded in a process of project management. I’ve also described business analysis as an activity that takes place within a project management wrapper. Engagements (projects) may be run in many … Continue reading

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Estimation

Estimation is used to try to predict future outcomes related the the iron triangle elements of time, money, and, to a lesser degree quality (or features or performance). The BABOK essentially only discusses the first two. Estimates can be made … Continue reading

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Item Tracking

Item tracking is how participants in an effort monitor what concerns, issues, and tasks are valid and need to be addressed, and who has responsibility. Items can arise in any phase of an engagement and be tracked through any other … Continue reading

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Benchmarking and Market Analysis

Benchmarking involves learning about activities and characteristics across industries, organizations, products, methodologies, and technologies to identify best practices, product options, and competitive requirements. Benchmarking may be performed by comparing the presence or absence of features (which video editing programs can … Continue reading

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The Requirements Life Cycle: Management and Reuse

Just as systems, products, and engagements have life cycles, requirements do as well. It’s easy to look at a requirements traceability matrix and imagine that all requirements spring magically anew from the ether during each engagement. Let’s look at some … Continue reading

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