A Business Analyst bridges the gap between business needs and IT solutions by identifying, analyzing, and defining business requirements.

While a Project Manager focuses on planning and executing projects, a Business Analyst concentrates on understanding business needs, processes, and requirements.

Prioritize requirements based on their business impact, cost, and alignment with project goals.

SWOT analysis assesses a company's strengths, weaknesses, opportunities, and threats. It is conducted by identifying and evaluating these factors in relation to the business.

A use case describes how a system interacts with its users to achieve specific goals. It is crucial for understanding system functionality and requirements.

Use techniques like interviews, surveys, workshops, and negotiation to elicit and manage requirements effectively.

A KPI could be the customer retention rate, which is vital for measuring a company's success in retaining its customers and fostering long-term relationships.

A business process model visually represents how a business process works. You can create one using tools like flowcharts or Business Process Model and Notation (BPMN) diagrams.

Gap analysis involves comparing the current state of a business process to the desired future state, identifying discrepancies, and determining actions to close the gap.

Continuously engage with stakeholders, use change control processes, and clearly document and communicate scope changes.

Agile is a project management and product development approach that focuses on collaboration, flexibility, and incremental progress. Business Analysts often work in Agile teams to adapt to changing requirements.

A BRD outlines high-level business requirements for a project, including objectives, stakeholders, scope, and constraints.

Use change management techniques, communicate the benefits of the change, involve key stakeholders, and provide training and support.

A cost-benefit analysis evaluates the financial impact of a decision or project, helping stakeholders make informed choices based on potential returns and costs.

Tools include Microsoft Visio, Lucidchart, Jira, Confluence, and various requirements management software.

Define the problem, gather relevant data, perform analysis, propose solutions, and assess the impact of those solutions.

 BPR aims to redesign and improve business processes for efficiency and effectiveness. Business Analysts play a key role in identifying areas for improvement and facilitating BPR efforts.

A user story is a brief description of a software feature from an end user's perspective. It differs from a use case in that it is typically less detailed and focuses on user needs.

Ensure that requirements are clear, specific, and accompanied by acceptance criteria that clearly define what success looks like.

Stakeholder analysis identifies and assesses the interests, influence, and impact of various stakeholders on a project. It's conducted through surveys, interviews, and mapping techniques.

A business case outlines the justification for a project, including its objectives, costs, benefits, and risks. It is used to secure support and funding for a project.

Clarify requirements through further discussions, involve all stakeholders, document the discussions, and prioritize based on business goals.

Business Analysts collaborate with stakeholders to clearly define project objectives, boundaries, and constraints, ensuring that the project stays focused on its goals.

A DFD visually represents how data moves within a system and between external entities. It helps in understanding data flows and system interactions.

Regularly align requirements with strategic goals, involve senior management, and conduct periodic reviews to confirm alignment.