In today’s corporate environments, business analysis is key to the implementation of successful projects that deliver business value and create long lasting benefits. By both sides of the coin, I mean, knowledge of the working functional processes in the industry the project is from, and the technical knowhow of how exactly the project will be handled by the team of software developers working on that particular project.
The time wasted to document unnecessary requirements not only impacts the business analyst, it also impacts the rest of the development cycle Coders need to generate application code to perform these unnecessary requirements and testers need to make sure that the wanted features actually work as documented and coded.
Although there may be some overlap with the developer and testing roles, the focus is always on the IT part of the change process , and generally this type of business analyst gets involved only when a case for change has already been made and decided upon.
You’ll need a strong understanding of regulatory and reporting requirements as well as plenty of experience in forecasting, budgeting and financial analysis combined with understanding of key performance indicators,â€ according to Robert Half Technology.
As the scope of business analysis is very wide, there has been a tendency for business analysts to specialize in one of the three sets of activities which constitute the scope of business analysis, the primary role for business analysts is to identify business needs and provide solutions to business problems these are done as being a part of following set of activities.