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- 📕 Business Activity Models (BAM) in Business Analysis ()
A Business Activity Model (BAM) is a conceptual model that depicts the activities and logical dependencies within an organization from a stakeholder’s perspective. It provides a high-level view of what the organization does and captures the world view of a particular stakeholder. BAMs are used to explore, understand, and develop business requirements. Initially, there will […]
- Why Memo is better than Slides ()
Recently, I read an interview with Jeff Bezos by Lex Friedman where the famous entrepreneur explains why Amazon doesn’t use PowerPoint for meetings. He lists 3 reasons for that: PowerPoint is designed to persuade. Slides are a sales tool. And inside the company, you shouldn’t sell. You all are truth-seeking. Slides are easy for the […]
- Project Workstreams. The mistake of “everyone does everything” on large projects ()
Large projects often face the challenge of managing numerous people working over extended periods of time. This can lead to various issues, including the mistake of “everyone does everything.” This approach can result in serious risks, including planners leaving gaps in the project plan by failing to anticipate all the required activities, team members failing […]
- Review of Kanboard as a Task Tracker for a Single User ()
Recently, I have grown tired of both Trello with its paid integrations and the manual Kanban process in the wiki table with links to subpages. Then I decided to give an open-source solution a try. I was looking for a system made with PHP, a nice design and a somewhat alive ecosystem. My rather uninformed […]
- What is a Relative Market Share (RMS) ()
Relative market share is a metric that helps companies identify their position in the market compared to their leading competitor. Relative market share is calculated by dividing the market share of the company under consideration by the market share of its strongest competitor. Relative market share can also be calculated by comparing a company’s sales […]
- 💡 How to structure big processes in BPMN ()
The approach to dealing with complexity has been “Divide et Impera” since the Roman Empire, which means breaking down a complex problem into smaller, more manageable pieces. In BP modelling, if your end-to-end process is too big to deal with, it probably means that you are modelling at a too detailed level. The solution is […]
- Top 3 mistakes when working in English-speaking environment as a non-native speaker ()
Working in a primarily English-speaking business environment as a non-native speaker can present significant challenges. As someone who has worked in this type of environment for over two years, I have made major adjustments to my initial tactics and have become a much better Business English communicator. In this article, I will describe some of […]
- The MoSCoW prioritization method for Business Requirements ()
The MoSCoW method is a prioritization technique used in project management to categorize business requirements into four categories: Must have, Should have, Could have, and Won’t have. This allows business to prioritize which project requirements provide the best return on investment (ROI). 1. Must have: These are the essential requirements that are critical for the […]
- Requirement Types ()
Have you ever started writing a Requirements document for your next Software project that has turned into a mess as you’ve been pouring more and more information there? I certainly did. Hopefully, there’s are clear solutions to this problem. First one, I’d say is having a clear document structure. But that’s clearly not enough if […]
- Common Misconceptions About Requirements Engineering ()
Conflation of Requirement Types Business analysts often confuse different requirement levels and types. One challenge is understanding the classification of requirements, while another is grasping the fundamental types. Business analysts often mistakenly use terms like “system requirements” and “user requirements” interchangeably, when in fact they refer to elements at different levels of abstraction. System Requirements […]
- HD-RW-RM task setting method ()
In the name of the HD-RW-RM method, capital letters correspond to the first letters of the names of the blocks, and the hyphen serves to remember the rhyme (sang to himself: “h di – ar double u – ar em”). Structure H – Header The title of the task, beginning with a verb, indicating the […]
- Digital Europe Labour Report 2023 ()
Latest update: 6th of June 2023 Check out the report at public.tableau.com Digital Europe Labour Report is my pet Data Analysis project. I’ve always wanted to move to Europe. However, with so many countries and languages there I was unable to make well-informed decision. Well, this report solves the problem for you. You may ask […]
- Setting Project Goals: Zielkreuz method ()
In English-speaking world we are used to hear SMART when talking about goals. However, German has an alternative – Zielkreuz, translated as Target Cross. In order to formulate overarching goals or sub-goals of a development project and to set milestones and indicators, it is also advisable to work with the crosshairs. It is particularly good […]
- Agile Project Management ()
Definition Agile is a group of methods and tools that are used when it is impossible to make accurate estimates, stable plans, and predictions. Agile focuses on adaptive, iterative, and evolutionary approach. Agile manifesto was created in software development sphere, but you can use it elsewhere. Agile principles impact the following part of project management: […]
- Project Management Definitions ()
Project – is a temporary endeavor undertaken to create a unique product, service, or result. It has a definite beginning and end. Projects are undertaken to fulfil objectives by producing deliverables. Any project: Creates a unique product, service or result Is a temporary endeavor Drives change Enables business value creation: tangible or intangible Projects create value […]
- Stakeholder Management and Stakeholder Engagement ()
Take from post Stakeholder Engagement | Pavel Nakonechnyy (sneakbug8.com)
- Project Plan ()
- Project Management Playbook ()
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Step-by-step: Project Phase: Initiating Determine project goal. SMART goals Zielkreuz method Determine Project Scope and Business Case Perform Feasibility Study Document Risks, assumptions and expectations Assemble Project team Prepare […]
- Cross Exchange Rate Calculator ()
This app allows you to calculate the final conversion rate for two sequential conversions through an intermediary currency. The formula is AB=AC/BC, where A, B, C – are our currencies, first conversion is A->C, and the second C->B. In case bank takes some extra fees for transfers (between countries, for example), pass that % into […]
- 🔧 Requirements Engineering and its applications for Business Analysis ()
Requirement engineering is a systematic and disciplined approach to the specification and management of requirements with the following goals: Knowing the relevant requirements, achieving a consensus among the stakeholders about these requirements, documenting them according to given standards and managing them systematically. Understanding and documenting the stakeholders’ desire and needs, they specifying and managing requirements […]