Business Analysis Flashcards

A business analyst is asked to identify and document the needs of stakeholders before a solution is defined. This activity is best described as:

Answer: Requirements elicitation

Requirements elicitation is the process of identifying and documenting stakeholder needs prior to defining a solution.

Which technique involves asking stakeholders to sort requirements into categories such as 'must have,' 'should have,' 'could have,' and 'won't have'?

Answer: MoSCoW prioritization

MoSCoW prioritization uses Must, Should, Could, and Won't categories to rank requirements by importance.

A project sponsor wants to understand the financial return of a proposed project relative to its cost. Which business analysis output best addresses this?

Answer: Cost-benefit analysis

A cost-benefit analysis compares the expected costs of a project against the projected financial benefits.

During business analysis, a model that shows the flow of data between processes, data stores, and external entities is called a:

Answer: Data flow diagram

A data flow diagram (DFD) visually depicts how data moves through a system between processes and external entities.

Which of the following best defines a 'business requirement'?

Answer: A high-level statement of the business need or goal

Business requirements are high-level statements describing why a project is needed and what business goal it must achieve.

A team is using prototyping during elicitation. What is the primary benefit of this technique?

Answer: It allows stakeholders to provide feedback on a tangible model early

Prototyping lets stakeholders interact with a working model early, which surfaces needs and issues before full development.

When a business analyst documents what a system must do—describing system behavior without specifying how—these are called:

Answer: Functional requirements

Functional requirements define the specific behaviors or functions a system must perform without prescribing implementation.