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Business Analysis & Requirements Flashcards

6 cards from real IMST practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 Business Analysis & Requirements flashcards as text
  1. In business analysis, what does 'elicitation' refer to?

    Answer: The process of drawing out and discovering requirements from stakeholders through interviews, workshops, and observation

    Elicitation is the practice of gathering requirements information from stakeholders and other sources using techniques such as interviews, surveys, workshops, and document analysis.

  2. What is a 'feasibility study' in the context of business analysis?

    Answer: An assessment of whether a proposed solution is viable considering technical, financial, legal, and operational factors

    A feasibility study evaluates whether a proposed project or solution is practical and worthwhile given constraints such as cost, technology, schedule, and regulatory requirements.

  3. What is the purpose of a Business Process Model and Notation (BPMN) diagram?

    Answer: To visually model business processes in a standardized notation understood by both business and technical stakeholders

    BPMN provides a standardized graphical notation for modeling business processes, making them understandable to all stakeholders from business users to IT developers.

  4. Which analysis framework examines Political, Economic, Social, Technological, Legal, and Environmental factors affecting a business?

    Answer: PESTLE

    PESTLE analysis provides a macro-environmental framework for examining the external factors that can influence an organization's strategy and operations.

  5. In requirements prioritization, what does the MoSCoW method stand for?

    Answer: Must have, Should have, Could have, Won't have (this time)

    MoSCoW is a prioritization technique that classifies requirements into Must have (non-negotiable), Should have (important but not vital), Could have (desirable), and Won't have (deferred).

  6. What is the role of a 'traceability matrix' in requirements management?

    Answer: A document that maps requirements to their source and to test cases, ensuring all requirements are addressed

    A requirements traceability matrix links each requirement to its business objective, design element, and test case, ensuring complete coverage and preventing scope creep.

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