What is a flowchart and why it is important?
A flow chart is a tool that provides a graphical representation of a process. This chart will make a system easy to understand for everyone that is involved with the project that is underway.
What is UML modeling?
UML stands for Unified Modeling Language. It is the standard in the industry for visualizing, documenting and constructing various components of a system.
Do you think Activity Diagram is important and how?
As the name implies, activity diagram is all about system activities. Main purpose of activity diagram is to show various activities taking place in an organization in different departments.
What are extends?
Extends are actions that must take place in a use case.
What is the difference between Business Analyst and Business Analysis?
Business Analysis is the process performed by the Business Analyst.
What INVEST stands for?
INVEST means Independent, Negotiable, Valuable, Estimable, Sized Appropriately, Testable. It can assist project managers and technical team to deliver quality products/services.
SaaS means Software as a Service. It is related to cloud computing. It is different from other software as you don’t need this type of software to be installed on your machine. All you need is an Internet connection and a Web Browser to use it.
How can you explain the user centered design methodology?
It all depends on the end users. In such scenario, we develop the system with a user’s point of view. Who are the end users, what they require etc. Personas are basically social roles, performed by any actor or character. It is derived from a Latin word meaning character. In marketing terminology, it represents group of customer’s/end users.
What FMEA stands for?
It means Failure Mode and Effects Analysis. It is a failure analysis, that is used mainly in product development, system engineering and operations management. This analysis is performed to figure out various failure modes and their severity in any system.
Define OLTP Systems?
OLPT stands for On-Line Transaction Processing; such systems are capable to perform database transactions and are meant to provide good speed for database transactions. These systems are mainly used for data entry and retrieving data from the database.
What is SQUARE stands for?
SQUARE stands for Security Quality Requirements Engineering. It is one of the software engineering steps that mainly focus on documenting the security requirements of the system.
What does JAD stand for?
It means Joint Application Development.
What is Pareto Analysis?
It is a decision making technique, also known as 80/20 rule. It is used for quality control and defect resolution. It explains few factors that can be responsible for big problems. It is named as 80/20 rule, because as per this rule, 80 % effects in the system, arises from 20 % causes.
What BPMN stands for?
It is Business Process Model and Notation. It is a graphical representation of business processes.
Define BPMN Gateway?
BPMN Gateway is a processing modeling component that is used to control flow of interaction, sequence of processes.
Define Pair-Choice Technique?
The Pair-Choice Technique is used to give priority to various items in a process. It is mainly used when distinctive stakeholders are involved in the project. This technique asks from the group to compare each item with the other and select the one having highest priority.
Define BCG Matrix?
The Boston Consulting Group (BCG) matrix is developed to analyze several of business processes and new product offerings from companies. It is a useful tool that can be used in portfolio analysis, strategic management, product management, and brand marketing.
How can you differentiate between pool and swimlane?
A swimlane is related to group activities on an activity diagram while a pool is dedicated activity to a single person.
Differentiate between Fish Model and V Model?
Fish model is comparatively very costly and time consuming, while, V model requires less time and cost. Moreover, Fish model is used when there were no ambiguities in the customers’ requirements. Otherwise, other model is preferred.
Agile is basically a technique that uses several light-weight methodologies such as Rapid Application Development (RAD), Extreme Programming (XP) and SCRUM. All these methodologies focus on the development of iterative solutions.
Define Scrum Method?
It is one of the agile methods, used to develop iterative information systems. In this method a small team works on the assigned tasks for a time period of 30 days usually.
What is PEST analysis and what is its importance?
PEST basically stands for Political, Economic, Social and Technological. PEST analysis is used to assess the above four external factors in relation to your business situation. It is beneficial for your business as them help in understanding how these 4 factors will affect your business in the long term.
What is GAP Analysis and what is its importance?
GAP analysis is the process of comparing the current state and the proposed state of any business and its functionalities. It comes under the Enterprise Analysis which is a knowledge area of a business Analyst. It helps in determining what steps need to be taken to meet the proposed state requirements for the business.
Define Use Case points?
Use Case points are used to evaluate the cost of work done to develop the system.
Benchmarking is about measuring performance of an organization to compete in the industry. In this process a company may measure its policies, performance, rules and other measures.
What is an exception flow in a use case?
This is a flow that accounts for an unexpected or unusual result within the application process.
The exception will be handled according to its designed flow.
What documents are used for use cases?
There are 2 documents:
- FRD (functional requirement document)
- SDD (system design document) which can also be called TRS (Technical requirements specifications)
What is use case diagram used for?
The use case diagram defines the role of each actor that is associated to a particular role or system. A use diagram is also a behavioral diagram and a part of UML.
What is the difference between Business Analyst & System Analyst?
The business analyst must understand IT and also has to understand the stakeholder’s needs.
A systems analyst has the ability to look at a program or utility and see the code. They can go in and pinpoint where changes need to be made.
What is an overdraft line of credit?
Overdraft line of credit an overdraft line of credit protects your account by advancing funds to your checking account as needed to cover a required difference up to the limit of your line of credit. Overdraft protection by linking accounts You can also set up overdraft protection by linking your checking account to a savings or money market account. For a minimal transfer fee, the arrangement uses the balance in the linked account to cover a shortfall in your checking account up to the full balance of the linked account.
What Does Term Loan Mean?
A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate. Term loans almost always mature between one and 10 years.
What do you think is the most important responsibility of a business analyst?
Requirements gathering, functional design and business process, change management are very critical tasks for Business analyst.
What are the tasks of business analyst in a Software development life cycle?
- Interview customers
- Definition/Planning for business needs
- Document business requirements
- Work on functional design
- Document the requirements traceability matrix
- Prepare test data with inputs from end users
- Document use case scenarios
- Help testing team with test plan, testing
- Help end users with user acceptance testing UAT
- Support users with cutover tasks
- implementation rollout
- Go live and post production support tasks
What is the process for documenting Business Requirements?
This process usually involves becoming an expert in the workflows of the end users thru interviews observations and analysis of the systems and /or tools used. The BA will document the business requirements but must always be sure they have the end user’s concurrence that they have correctly defined the “WHAT”. The WHAT being what the workflow or problem.
What are skills required for business analyst?
Most essential skill supposed to be are: Good communication skill and Good documentation skills.
Most importantly, saving your company from doing the extra effort in terms of cost overrun.