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business analysis techniques Business Analyst is like a two-sided coin, on one side he possesses the Business Analysis skill set composed of tasks and techniques and on the other side he possesses certain underlying competencies to succeed in his profession. Both are very vital to make a complete business analyst. In this post, I would like to put in perspective why do a BA needs techniques and how many of them should a BA know to perform above optimal.

Technique is a method to collect, understand, analyze and present information and data in a useful form in business analysis activities. For any given activity, a Business Analyst may have several techniques at hand, but experience helps in determining which has to be deployed. Techniques are helping business analysts to perform a business analysis task in a more effective way.

From my experience as a practitioner and faculty of Business Analysis over 20+ years, I have shortlisted the following 101 techniques as the minimum techniques a business analyst should know to succeed in BA profession.

  1. Acceptance and Evaluation Criteria Definition
  2. Activity Sampling
  3. Ansoff’ Box/Matrix
  4. ARCI Charts
  5. Background Reading/Research
  6. Balanced Scorecard
  7. Benefit – Cost Analysis
  8. Benefits Management
  9. Benefits Realization
  10. Benchmarking
  11. Brainstorming
  12. Boston Box
  13. BCG Matrix
  14. Business Process Modeling Notation 2.0
  15. Business Rules Analysis
  16. Business Activity Model
  17. Business Case
  18. Business Event Analysis
  19. Business Process Triggers
  20. CATWOE
  21. Class Modeling
  22. Concept Maps
  23. Conceptual Model
  24. Conscious Competence Model
  25. Constraints Analysis
  26. Context Diagram
  27. Critical Success Factors
  28. CRUD Matrix
  29. Cultural Analysis
  30. Data Dictionary and Glossary
  31. Data Flow Diagrams
  32. Data Modeling
  33. Decision Analysis
  34. DMAIC
  35. Document Analysis
  36. Estimation
  37. Entity-Relationship Diagrams
  38. Entity-Relationship Modeling
  39. Ethnographic Study
  40. Facilitated Workshops
  41. Feasibility Analysis
  42. Force-Field Analysis
  43. Four-View Model
  44. FMEA
  45. Focus Groups
  46. Functional Decomposition
  47. Gap Analysis
  48. Hothousing
  49. House of Quality
  50. Interface Analysis
  51. Interviews
  52. Impact Analysis
  53. Influence / Interest Grid
  54. Investment Appraisal
  55. Joint Application Development Workshops
  56. Joint Requirements Planning Workshops
  57. Kolb Cycle
  58. Kurt Lewin’s Model of Organizational Change
  59. Learning Cycle
  60. span sLearning Styles
  61. Logical Activity Model
  62. Logical Data Modeling
  63. McKinsey’s 7-S
  64. Mind Maps
  65. MOST Analysis
  66. Lessons Learned Process
  67. Metrics and Key Performance Indicators
  68. MoSCoW Analysis
  69. Non-functional Requirements Analysis
  70. Observation
  71. Organization Modeling
  72. Object Class Modeling
  73. Options Identification
  74. Organization Diagram
  75. PARADE
  76. PDCA
  77. PEST Analysis
  78. PESTEL Analysis
  79. PESTLE Analysis
  80. PESTLIED Analysis
  81. Porter’s Five Forces Framework
  82. Power / Impact Grid
  83. Power / Interest Grid
  84. Problem Tracking
  85. Process Modeling
  86. Prototyping
  87. Requirements Workshops
  88. Risk Analysis
  89. Root Cause Analysis
  90. 5-Whys
  91. Scenarios and Use Cases
  92. Scope Modeling
  93. Sequence Diagrams
  94. State Diagrams
  95. Structured Walkthrough
  96. Survey/Questionnaire
  97. SWOT Analysis
  98. Time Boxing
  99. User Stories
  100. Vendor Assessment
  101. Voting

Though there are much more techniques available, mastering these 101 techniques will give a solid foundation to business analysts where these techniques are more than sufficient most of the times.

For more details about Fhyzics’ Business Analysis Training and Services, please visit our website.