Top 50 Common Basic Business Analyst Glossary and Terms

Business Analysis is known as the most attractive and dreamiest jobs in some developed and developing countries in the world. Moreover, Business Analyst has been evaluated as the necessary part and play an important role in the success of every business which relates to IT field. Nowadays, there are the huge numbers of fresh graduates decide to pursue BA career by enrolling the Business Analyst training programs for beginners. There are the numerous of published articles mention about Business Analyst responsibilities in each organization. However, there are not many articles mention about Business Analyst glossary and Business Analyst vocabulary. Therefore, this article will talk about the technical terminology that the Business Analyst must use every day at their workplace.
First of all, in order to become the real Business Analyst, you must know and understand the Business Analyst terms and abbreviations. Unlike other positions in the company, Business Analysts will have and use their own language, and it has approximate 100 words. These are the most common Business Analyst vocabularies that you must know when you are working as the BA.

  • Activity Diagram.

This is the model which is used to illustrate the flow of process as well as show every activity along with the information flows.

  • Actor/Actors

The role of human and the others which interact directly with the system.

  • Analyst

This is used to call everybody who is responsible for the project, such as Business Analyst, Business Integrator, System Analyst or Requirements Engineer.

  • Benchmarking

This is the comparison of the process, time, quality and other metrics in order to identify the chance to improve the process or the project.

  • Brainstorming

This is the activities of the team which includes BA in order to produce the broad of options through creating the ideas.

  • Business Analyst Approach

This is the set of activities and processes which will be used to analyze and perform the business.

  • Business Analysis

This is the set of tasks and Business Analyst techniques which will be used to contact with the stakeholders in order to help them understand the structures or policies of the company.

  • Business Architecture

This is the subset of the enterprise architecture which is used to define the goal, purpose and objective of the organization. It also includes the external environment of the business.

  • Business Analysis Plan

It is used to describe the activities that Business Analyst has to execute in order to perform the BA responsibilities and works.

  • Capability

This is the function of the organization. It allows the business analyst achieve the business goal and objective.

  • Checklist

This is the quality control technique, and it includes the set of quality elements which are used by the reviewers to determine the requirements or to capture the issues.

  • Code

This is the system of the programming statements, symbols and policies which are used to represent instructors for any computers.

  • Customers

This is used to call the stakeholder or anybody who uses the products or services from the organization.

  • Data Dictionary

This is the analysis model which is used to describe the data structures and the attributes

  • Data Entity

This is the group of the related information which can be people, places, things, documents or concepts are stored by the system.

  • Decision Tree

This is one of the analysis model which is used to provide the graphical alternative to decision tables.

  • Document Analysis

This is the process to study all the available document and the relevant information in order to elicit the requirements in the existing system.

  • Event

This is used to talk about something that happens in the organization, system or process.

  • Exploratory Prototype

This is the prototype which is developed to verify the requirements.

  • Evolutionary Prototype

This is the prototype which is used to modify continuously and update regularly for the response of the users’ feedback.

  • Fishbone Diagram

This is the diagramming technique which is used in the root in order to identify the causes of any problems.

  • Functional Requirements

This is known as the product capabilities. It also means that the things that the products have to do for its users.

  • Gap Analysis

This is the comparison of the current state and future state in order to identify the differences.

  • Glossary

This is the list and definition of the business terms.

  • Horizontal Prototype

This is the prototype to show the shallow and wide of the system’s functionality.

  • Included Use Cases

Use case composed the common set of steps which are used by various use cases.

  • Indicator

This is used to identify the specific numerical measurement

  • Interface

This is the shared boundary between the person and person or between the person and system.

  • Interview

This is the way to elicit the information from anybody or the group of people in the formal or informal situations.

  • Knowledge Area

This is the group of many related tasks which are used to support Business Analyst’s works.

  • Metadata

This is the information which is used to understand the context and validity of the information.

  • Metric

This is the quantifiable level of the indication that the company wants to accomplish.

  • Objective

This is the target or metric that the company is seeking to reach in order to process the goal.

  • Observation

This is the method to elicit the requirement by conducting the assessment from the stakeholder.

  • Optionality

This is the process of examining the opportunities which are used to improve the business performance.

  • Organization Modeling

This is the Business Analyst technique which is used to describe the role and responsibilities which exist in the organization.

  • Organizational Process Asset

This is the material which is used to define, implement and maintain the processes by the staffs.

  • Prioritization

This is the process of the determining any important sets of items in order to determine the orders of items will be addresses.

  • Process Map

This is the business model which is used to show the business process, such as input and output flows across the multiple functions.

  • Process Model

This is the visual model of the sequential flow. It usually uses to control the set of related activities.

  • Product

This is the solution of the solutions. It is also known as the result of the project.

  • Project

This is the temporary endeavor to create the special and unique product or service.

  • Quality Assurance

This is the activities which are performed and implemented to ensure the processes are reach the requirements and bring the best products’ quality.

  • Relationship

This is used to describe the defined association between concepts, classes and the entities.

  • Relationship Map

This is the business model which is used to show the existed relationship in the organization, such as the companies, the stakeholders, the customers and the providers.

  • Scope Model

This is the areas which is covered by the particular activities.

  • Stakeholder

This is the person or the group of people who have the interests which might be effected by any initiatives or solutions.

  • Use Case

This is the analysis model which is used to describe the tasks which are performed by the systems.

  • User

This is used to talk about the stakeholders, people or systems which access directly or indirectly to the system.

  • User Story

This is used to describe shortly and informally the solution capability which will provide the value to the stakeholders. Mostly, it will be around 1 to 2 sentences which include all the needed information in order to allow the developers can estimate the requirements and implement it.

This is all the 50 basic BA glossary of the Business Terms that everybody must know when they start to pursue BA career. There are the thousands of questions about BA have been asked in many top websites or blogs, such as What do I need in order to become a Business Analyst? Or What do Business Analysts responsibilities and why do I need to join Business Analyst course?

Whether you want to be a Business Analyst or any positions in the company, you must know clearly its requirements and its industry terms. In fact, there are many questions that you will be asked by the managers or the directors when you are working as the BA. While working as the BA, you might ask to write the Test Case or User Case as well as you must answer immediately and explain clearly your tasks and the given works to the superiors. Therefore, this is the reason why lots of companies usually require their BA must consolidate their IT knowledge, domain knowledge, and skills in order to work effectively and bring the best results to develop the business.
Besides, lots of published articles also suggest and advice the fresh graduates and others staffs should join Business Analyst training courses for beginners and experts before applying for this career because of Business Analyst industry terms and BA abbreviations. By enroll many best BA training courses, you will be taught and directed by many Business Analyst experts. This is also the great chance for you to learn from their experiences and find out about BA industry terms.
On the whole, if you want to become a BA and pursue this career, you must understand clearly BA industry terms as well as BA glossary. Because BA is not a simple job, and its responsibilities are large and wide, so we must understand and acknowledge its requirements clearly and full. Especially, as the BA, you must usually consolidate your knowledge as well as BA vocabularies by enrolling Business Analyst training programs or joining any BA workshops.

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