Showing posts with label business analysis. Show all posts
Showing posts with label business analysis. Show all posts

05 March 2018

🔬Data Science: Business Analysis (Definitions)

 "(1) The study of business processes, practices and business systems requirements. (2) The application of information to better understand business opportunities and challenges." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"A set of tools and methods used for execrating business insight making from the available data or system structure. It provide meaningful information with dynamic and sophisticate methods of problem solving such as optimization." (Shokoufeh Mirzaei, Defining a Business-Driven Optimization Problem, 2014)

"Business analytics is the combination of skills, technologies, applications, and processes used by organizations to gain insight into their business-based data and statistics to drive business planning." (K Hariharanath, "BIG Data: An Enabler in Developing Business Models in Cloud Computing Environments", 2019)

"It is the process of working with factual information in organizations, using suitable tools and techniques to identify the nuggets of wisdom (insights) from them that can have direct impact on influencing good decision making." (Tanushri Banerjee & Arindam Banerjee, "Designing a Business Analytics Culture in Organizations in India", 2021)

"Business analysis is the means through which operational problems and issues are systematically identified and investigated, different approaches are evaluated, and optimal solutions are determined." (Qlik) [source]

"The set of tasks, knowledge, tools and techniques required to identify business needs and determine solutions to business problems" (Business Analysis BOK) 

12 March 2016

♜Strategic Management: Business Analysis [BA] (Definitions)

 "(1) The study of business processes, practices and business systems requirements. (2) The application of information to better understand business opportunities and challenges." (DAMA International, "The DAMA Dictionary of Data Management", 2011)

"A set of tools and methods used for execrating business insight making from the available data or system structure. It provide meaningful information with dynamic and sophisticate methods of problem solving such as optimization." (Shokoufeh Mirzaei, Defining a Business-Driven Optimization Problem, 2014)

"Business analytics is the combination of skills, technologies, applications, and processes used by organizations to gain insight into their business-based data and statistics to drive business planning." (K Hariharanath, "BIG Data: An Enabler in Developing Business Models in Cloud Computing Environments", 2019)

"Business analysis is the practice of understanding business needs and enabling change, including the recommendation of solutions." (Esta Lessing, "CCBA® and CBAP® Certifications Study Guide", 2020)

"It is the process of working with factual information in organizations, using suitable tools and techniques to identify the nuggets of wisdom (insights) from them that can have direct impact on influencing good decision making." (Tanushri Banerjee & Arindam Banerjee, "Designing a Business Analytics Culture in Organizations in India", 2021)

"Business analysis is a practice that involves understanding the current capabilities and needs of the business users, identifying gaps in the current processes, and enabling desired future capabilities to derive efficiencies, competitive advantage, and business benefits." (Srini Munagavalasa, "The Salesforce Business Analyst Handbook", 2022)

"Business analysis is the means through which operational problems and issues are systematically identified and investigated, different approaches are evaluated, and optimal solutions are determined." (Qlik) [source]

"Business Analysis is the practice of enabling change in an enterprise by defining needs and recommending solutions that deliver value to stakeholders." (IIBA)

"The set of tasks, knowledge, tools and techniques required to identify business needs and determine solutions to business problems" (Business Analysis BOK) 

12 February 2016

♜Strategic Management: Business Impact Analysis (Definitions)

"The process of delineating the functions most critical to the survival of a business." (Yvette Ghormley, "Business Continuity and Disaster Recovery Plans", 2009)

"A management-level analysis which identifies the impacts of losing company resources. The BIA measures the effect of resource loss and escalating losses over time, in order to provide senior management with reliable data on which to base decisions concerning risk mitigation and continuity planning." (Mark S Merkow & Lakshmikanth Raghavan, "Secure and Resilient Software Development", 2010)

"A method or exercise to determine the impact of losing the support or availability of a resource." (Linda Volonino & Efraim Turban, "Information Technology for Management" 8th Ed., 2011)

"Aims to (a) identify critical business processes, stakeholders, assets, resources and internal/external dependencies and (b) assesses and evaluates potential damages or losses at business level that may be caused by a threat to IT landscape." (Ulrich Winkler & Wasif Gilani, "Business Continuity Management of Business Driven IT Landscapes", 2012)

"A process used to analyze the business and identify critical functions and services. The BIA also helps the organization determine the cost impact of losing these functions and services. Organizations use the results as part of an overall business continuity plan." (Darril Gibson, "Effective Help Desk Specialist Skills", 2014)

"The identification of services and products that are critical to the organization." (Manish Agrawal, "Information Security and IT Risk Management", 2014)

"The process of analysing activities and the effect that a business disruption might have upon them." (David Sutton, "Information Risk Management: A practitioner’s guide", 2014)

"An exercise that determines the impact of losing the support of any resource to an organization, establishes the escalation of that loss over time, identifies the minimum resources needed to recover, and prioritizes the recovery of processes and supporting systems." (Adam Gordon, "Official (ISC)2 Guide to the CISSP CBK" 4th Ed., 2015)

"A functional analysis in which a team collects data, documents business functions, develops a hierarchy of business functions, and applies a classification scheme to indicate each individual function’s criticality level." (Shon Harris & Fernando Maymi, "CISSP All-in-One Exam Guide" 8th Ed., 2018)

"The analysis of an information system’s requirements, functions, and interdependencies used to characterize system contingency requirements and priorities in the event of a significant disruption." (William Stallings, "Effective Cybersecurity: A Guide to Using Best Practices and Standards", 2018)

"A business continuity management activity which is mainly intended for defining the core business functions, the recovery priorities regarding these functions and the corresponding time required for the resumption of each function." (Athanasios Podaras et al, "Regression-Based Recovery Time Predictions in Business Continuity Management: A Public College Case Study", 2021)

"Activity that identifies the VMF and their dependencies" (ITIL)

"An analysis of an information system’s requirements, functions, and interdependencies used to characterize system contingency requirements and priorities in the event of a significant disruption." (CNSSI 4009-2015)

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