Risk Analysis and Elicitation related to Business Analyst

Topic: Risk Analysis:

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Definition:    Risk analysis is a way of getting the idea of risks while developing the projects/products.

Categories of risks:

1---Technical risks

2---Requirement gathering risks

3---Operational risks

4—Planning risks

5—Designing risks

6—Technical risks

7—Marketing risks

8---Management risks

9---Political Risks

10—Financial Risks

11—Environemental risks

12—Management risks

13—Client related risks

14—Humanresource risks

15—Functional /Non Functional risks

16—Sociological risks

Topic: Elicitation:

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Success at requirements management depends upon the analyst’s ability to elicit and gather the correct and complete requirements.

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Methods of Requirements Elicitation & Gathering.

Ø Brain storming:

Ø Review of existing documents :

Ø Tracing the work flow  :

Ø Business events & business usecases:

Ø Inspecting transaction documents and other reports:

Ø Existing products:

Ø Requirement workshops :

Ø Surveys :

Ø Interviews:

Ø Focus group :

Ø Process mapping :