Why Business Analysis is so important? | Promatics India

Why Business Analysis is so important? | Promatics India

It is very pertinent to know the need for business requirement analysis while going in for a new project. Although things are ready to go ahead and the project team is keen to get started, it would still not be prudent to ignore this aspect of a project. The simple reason is that the business requirement agreed upon must be properly documented so that adherence to the terms and targets are ensured and the final product is in conformity to the business needs and the improvement achieved is discernable and measurable.   Recognizing Specific Needs   After finalizing a project, a formal agreement is entered into by different parties to it, principally end-users, owners and project managers and is documented with respect to the business requirement specification. It specifies the expectation of the end-users on completion of the project and what exactly should be included. Of course, this is applicable to a situation where the existing one is intended to be extended; as for...
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