Definition Of Business Analysis

In simpler words it is a set of tasks and techniques which work as a connection between stakeholders.

Definition of business analysis. The set of tasks and techniques that are used to perform business analysis are defined in a guide to the business analysis body of knowledge babok guide. Business analysis is a research discipline of identifying business needs and determining solutions to business problems. It is a broad practice that is commonly applied to strategy planning operations projects risk management technical analysis budget planning competitive intelligence and business development. Business analysis is the practice of developing knowledge measurements evaluations and plans for an organization.

These help them understand organization s structure policies and operations. Business analysis is the practice of enabling change in an organizational context by defining needs and recommending solutions that deliver value to stakeholders.