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Per BABOK v3, the Business analysis is the practice of enabling change in an enterprise by
de ning needs and recommending solutions that deliver value to stakeholders. Business
analysis enables an enterprise to articulate needs and the rationale for change and to
design and describe solutions that can provide value.
In simple words, Business Analysis is creatively solving user’s problems through solutions
that generate value for all stakeholders (users as well as the organization building the
solution). Business Analysis the process of uncovering the current state from di erent
perspectives( customers, users, and organization) and determine activities required to
evolve towards the future state.
Per IIBA BABOK, there are six knowledge areas. Let’s explore who does what w.r.t these
knowledge areas.
• Business Analysis Planning and Monitoring: Organizing and coordinating the e ort of
Business Analysis. This activity is something a Product Owner is responsible for while they
can take the help of the development team.
• Strategy Analysis: Analyzing the strategic needs from the organizational perspective and
aligning the Business Analysis activities to the strategy. Product Owners are not only
responsible for aligning product development activities to strategy but also de ne strategy.
• Requirements Analysis and Design De nition: Analysing user needs, devising solutions
and running experiments to verify and validate the requirements and solution. This activity
is a shared responsibility of Product Owner and development team.
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• Solution Evaluation: Performation problem/solution t to make sure that users needs
are met by the solution and all the stakeholders gain value. Product Owner is responsible
for maximizing the value of work done by the team.
If you notice, most of the work done by the Business Analysts maps to Product Owner
responsibility. However, Product Owners do much more than what a Business Analysts do.
The Product Owner is responsible for maximizing the return on investment (ROI) of the
product by creatively solving the user’s problem while strategically helping business
succeed. They are responsible for uncovering user needs through experiments and
deciding the priorities of features to be built every Sprint.Let's
Analyze
Chatthe competition and
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strategically position the product achieve product/market t and design the business
model to help the organization achieve revenue and margin goals.
Business Analysis covers only creative part of Product Ownership (Product Design and
Development). A Business Analysts will have to learn Product Strategy and Product
Marketing skills and take on that responsibility to scale as a Product Owner.
If you want to learn more about Product Owner, join our Certi ed Scrum Product Owner
course and to learn about Scrum Master role, join our Certi ed Scrum Master course.
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