A business analyst is a specialist who combines business needs, technical capabilities, and project requirements. Here are 10 key terms to help you understand the basics of the profession:
1️⃣ Requirement – changes or features that benefit the customer. They can be business (e.g., increasing profits) or functional (adding new features).
2️⃣ Stakeholder – everyone who has an impact on the project: customers, developers, sponsors, etc.
3️⃣ Interview – a method of collecting requirements through communication with the customer. It requires careful preparation.
4️⃣ User story – a brief description of the user’s needs that helps the team understand the task.
5️⃣ Verification vs Validation.
Verification – checking whether a requirement can be realized.
Validation is an assessment of whether a requirement meets business goals.
6️⃣ Backlog – a list of tasks that the team is working on: future (Product Backlog) or current (Sprint Backlog).
7️⃣ Domain Knowledge – understanding of the specifics of the area in which the project is being implemented.
8️⃣ Change request – changes to the requirements after the start of development that require additional approval.
9️⃣ Prototype – visualization of a solution to get feedback before development begins.
Diagram is a graphical representation of processes that makes it easier to understand complex systems.
🔟Knowing these terms will help you adapt faster in the world of business analysis!
The information is based on the materials of EPAM: https://campus.epam.ua/ua/blog/594
