Spiral Model The spiral model is a combination of waterfall and iterative development process with emphasizing on more risk analysis. Risk is essentially any adverse circumstance that might hamper the successful completion of a software project. For example, the risk involved in accessing data from a remote database can be that the data access rate might be too slow. The risk can be resolved by building a prototype of the data access subsystem. Thus, this model provides direct support for …
Category: Business Analyst
About SDLC Models Software Development Life Cycle ( also called SDLC Models ) is a workflow process which defines the core stages and activities of development cycles or A framework that describes the operations performed at each phase of a software development project. SDLC Models The SDLC aims to produce high-quality software that meets or exceeds customer expectations, reaches completion within times and cost estimates. Some of the SDLC Models are as follows Waterfall Model Incremental SDLC Model Spiral Model …
Do you want to know the importance of Business Analyst Tools? When it comes to workflow management, you need to use all the tools and processes that streamline and optimize the operations of your business. For instance, you need to utilize software systems that enable you to get improved productivity. These systems include content management systems, document management systems and business process management (BPM) tools. Remember the best workflow management systems can be costly and challenging to implement. However, by …
Importance of Business Analysts – You may have noticed that there has been a boom in the number of business analysts positions available in the market. There was even a time when business analysts were people working in consultation firms and investment banks – you barely ever found them in corporations. They were present in some of the biggest companies in the world, but were non-existent in small and medium sized enterprises. This has completely changed in the past few …
Roles and Responsibilities of Business Analyst : A business analyst is the link between IT and the business. The Administration knows little about information technology, and the IT people do not know a lot about business. Mastering the technical issues of both formations is paramount for overcoming the challenges and for the development of tasks, such as management activities and strategic business planning. It is thus, a privileged position, connecting the technical solutions to the business objectives. The Business Analyst …
A Business Analyst’s job is often considered as a crème de la crème position that is envied by many. And, why not? The role brings in admiration and commands visibility. Business Analysts are valued in almost all domains and sectors, be it private/public organisations, IT firms, NGOs or government departments. The roles and responsibilities that the position brings help with multi-dimensional growth of the organisation. While they are the carriers of introducing an organisational change and in one of the …
A business analyst has to tackle a lot of responsibilities. Analysis of any sort needs sheer dipl aomacynd brain. So, if you are a business analyst, you need to manage your responsibilities with utmost adroitness. So, a perfect business analyst needs to be abreast with all the possible ways to manage the situations. There are various training institutions online and offline, which enables you to cope up with the situation. After all, a perfect corporate training is essential to be …
The e-commerce world E-commerce, though a relatively new concept in retail, has become a $220 billion industry. The e-commerce industry is growing at almost 20% per year, at this rate; it will outpace the traditional brick-and-mortar within next five year. The growth is being fuelled by the explosive growth smart phone users. The lower cost of setting up an online store, compared to physical stores have helped to create many startups in e-commerce domain which are no less competitive than …
It’s raining Data An explosion of information is the defining feature of today’s information technology-driven world. An enormous amount of data is generated from multiple sources, such as business interactions, transactions, social networking and sensors. Often in unstructured forms, the data continues to grow exponentially. This massive amount of data, referred to as big data, becomes useless if it is not sorted, analyzed, and used in businesses for decision-making and predicting trends for business growth. ‘Big Data’, ‘Real-time Data’, ‘Smart …
How a business analyst helps to grow the business : How a business analyst helps to grow the business – Today all most all modern business organizations are using well-developed technique as well as the technology of business analytics, by which they can deal with huge amount of data. This is extremely effective to set up a logical benefit through getting perfect information. You can use this to your advantage and it will really become the most powerful business strategy. …