Business Intelligence Jobs Description – If you are wondering how important the important role of a business analyst is in a company, then you have come to the right place. In today’s blog post, we will define the term business analyst and explain how important the role of a business analyst in a company is to the company’s success.
Almost every company in the world has two departments, a business department that consists of business stakeholders who make decisions and an IT department that consists of developers and testers that help build projects. Since the two departments do not communicate directly, the business analyst is the bridge between the two, ensuring that the business analyst can communicate with the IT team in an effective way and plan the process flow, whatever the stakeholders want to convey can be resolved.
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Suppose there is a banking institution whose business stakeholders decide to update their software with new additional features such as better support for their customers for existing applications. After deciding which features they want to update, they discuss their needs with business analysts. The business analyst then asks all the key questions to the stakeholders to make sure they have captured all the details and gathered all the requirements. Then, based on the discussion, they prepare a business requirements document and share it with the IT department to start their work.
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In fact, a typical Business Analyst job description requires them to first gather stakeholder requirements by first identifying their business needs. After the requirements have been captured, the business analyst needs to define the process flow and typically how long they will need to complete the project. This step usually occurs after the business analyst has captured the requirements and discussed them with the development team. After receiving important input from the development team, they tend to discuss the matter further with the client and ask relevant questions to clear their doubts about the construction of the project and set realistic expectations after the project is completed. After the business analyst has held meetings with both the stakeholders and the IT team, the next task is to define the process flow and break the project into simpler steps so that as each new feature is added, he can discuss with the stakeholders and get feedback to move forward towards the completion of the project.
Depending on the type of methodology used such as agile and waterfall methods, the business analyst needs to plan the project accordingly.
Before starting a project, the role of the business analyst is to understand the client’s business goals; Therefore, the BA must ensure that a plan is created that best suits the client’s project. Therefore, every business analyst must understand the current problems that the client is facing and how their solutions can help the client reduce the limitations that they usually face in their industry.
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Once the BA understands the business goals, objectives and ongoing issues, he needs to collect all the requirements mentioned by the customer and build the business process. In addition to gathering requirements, they also need to ensure they have the right resources and platforms to get the job done. For example, if a customer wants to set up a payment gateway in their application that accepts international payments and adds international shipping functionality. BA must ensure that the integration of shipping companies and payment gateways that accept international payments is seamless and actually feasible. It is better not to set unrealistic expectations and ensure that the time frame, allocated budget and resources taken for a particular project are appropriate.
Once the Business Analyst has a deep understanding of the client’s project and has gathered all the important information needed to develop the project, they must start delegating work to the development team that can handle the project and help the client expand their business reach Goals. Identifying the right team for the project is very important as this will make and break the end goal of the project. For example, it makes no sense at all to task the back-end team with developing app features on the front-end.
Although this varies from project to project, Business Analysts typically need to conduct meetings with stakeholders and the development team when updates or features are added to the project. This helps in getting the required feedback from the customers and solving the problems faced by the development team while adding some features. The IT team adds the features first and the business analyst’s role is to understand and explain the feature updates to the customer and get feedback to move forward. Based on customer feedback, the BA directs the IT team to make specific changes and move on. In certain scenarios there are cases where the client requests that additional features be added to the project and then based on feasibility the BA needs to map out the changes in the existing project and allocate resources accordingly if necessary. Therefore, holding regular meetings with customers and the IT team to gather feedback and implement changes helps achieve the project’s end goals quickly. This is one of the most important business analyst skills that a successful BA must possess.
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Once the prototype version of the business model is ready, the Business Analyst role requires them to share the same with customers and get their feedback. BA also tested the interface by involving several customers and recording their experience with the created model. Based on their feedback, BA is planning some changes that could make the model even better. They perform user acceptance testing to verify that the prototype meets the needs of the business project. A typical business analyst role also requires them to assess the functional and non-functional needs of the business.
Finally, after collecting feedback and taking necessary actions, certified business analysts may need to move on to their most important role, creating reports using business analysis tools such as Tableau, Power Bi, Jira, Lucid Charts to create data visualization reports and general to create reports . Data visualization is an important role that every analyst needs to be successful in their projects because it helps in estimating the performance of the models created by the team. Based on the software/model performance analysis and forecast created by the team, the BA was able to present the current metrics and details at the final meeting with their client presenting their presentation and the feedback they received from their users. .
After completing a business project, the business analyst must document the details of the project and share the project results with the client. In general, business analysts need to create reports and present project results to business stakeholders and clients for better understanding. They must also write in a compact form all the project experiences and difficulties they faced in building the project. This step will help BA to make better business decisions in the future.
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Finally, after all the decisions and meetings are completed, the business analyst has to present the project to the client. A streamlined approach by business analysts helps to get the required results in less time. In addition to learning the necessary skills, Business Analysts must have excellent analytical thinking and problem-solving skills to solve challenging problems in a short time and in an efficient manner. It is important for BAs to have a clearer understanding with their team members because they need to build and complete the entire project and this can only be done when communication is correct and team members are properly assigned responsibilities to carry out project-based tasks.
I hope this post has helped you understand the typical role of a business analyst and how efficient they are in defining business processes and holding regular meetings with team members and stakeholders to complete projects within a given time frame.
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