In order to perform the business analysis tasks our business analysts aim to understand enterprise problems and goals through discovering, synthesising, and analysing information from a variety of sources within an enterprise. This information is also elicited through investigating and clarifying expressed desired outcomes from stakeholders. Once these analysis processes are complete Yerra business analysts devise strategies by determining the activities required to change from current state to the future state defined by stakeholders.
Our Business Analysts not only perform Business Analysis tasks but also manage stakeholder collaboration. They aim to bridge the gap between IT and business through managing stakeholder collaboration and communication. Our Business Analysts also report to executives and stakeholders through various communication channels such as documentation and meetings in regard to the analysis and project management.
We follow a multi-stage process to define needs and recommend solutions that deliver value to stakeholders:
The roles and responsibilities of Business Analyst typically includes:
● Creating a detailed business analysis, outlining problems, opportunities and solutions for a business
- Budgeting and forecasting
- Planning and monitoring
- Financial modelling
- Variance Analysis
- Defining business requirements and reporting them back to stakeholders
Put Project Management in place of Software and move that to More Services
Our methodology divides projects into 5 phases:
4. Monitoring & Controlling
Generally, but not always, these occur in chronological order. Sometimes projects occur in stages whereby we return back to the Initiation or Planning phase midway. For most projects you can assume the five phases will occur in chronological order with the exception of step 4, Monitoring & Controlling, which happens simultaneously with step 3, Execution.
The following diagram describes the basic steps