Business Analysis Planning and Strategy Flashcards

Which tool helps a business analyst assess the current business environment by examining internal strengths and weaknesses alongside external opportunities and threats?

Answer: SWOT analysis

SWOT analysis provides a structured framework for evaluating an organization's strategic position relative to its internal capabilities and external environment.

A PESTLE analysis helps a business analyst understand:

Answer: External macro-environmental factors that may impact the organization

PESTLE examines Political, Economic, Social, Technological, Legal, and Environmental factors that could affect the organization's operating environment.

Gap analysis in business analysis is used to:

Answer: Identify the difference between the current state and desired future state

Gap analysis reveals what changes are needed by comparing where the organization is now to where it wants to be.

Which business analysis activity determines the boundaries of the solution and what is included or excluded from scope?

Answer: Scope definition

Defining scope establishes clear boundaries that prevent scope creep and align stakeholder expectations about what the solution will and will not address.

Key performance indicators (KPIs) in business analysis are PRIMARILY used to:

Answer: Measure whether a solution is achieving its intended business objectives

KPIs provide quantifiable metrics that allow stakeholders to evaluate solution performance against defined business goals.

When conducting a feasibility analysis, a business analyst evaluates:

Answer: Whether the proposed solution is viable from operational, technical, and financial perspectives

Feasibility analysis assesses multiple dimensions to determine whether a proposed solution can realistically be implemented within organizational constraints.