BAs love Requirements Management Tools!
I love requirements management tools and wish all business analysts had access to them. Requirements management tools allow you to create requirements in a structured, organized fashion, consistent with other projects which leads to better stakeholder communication, better analysis and better products. More importantly, being able to reuse requirements increases productivity significantly. Unfortunately few analysts have access to these tools. They are expensive, fairly complex to learn, and don’t always easily integrate with other tools used in an organization. But that may be changing! DevOps is gaining acceptance and requires software development technology including requirements management tools which are integrated with other application life cycle management (ALM) tools because requirements are a critical part of the DevOps process.
In the United States (and I am sure other countries), we hear lots of complaints about the cost of regulations. This is especially true during a presidential election year. The paradox of regulatory complaints is that some candidates argue complying with regulations is too costly, while others argue that the cost of not having enough regulations risks the safety of our community. Regulatory costs (or the costs of lax regulation) are not just monetary but also environmental, societal and can result in a degradation of our values and way of life (e.g. lead in our water system). I would like to suggest that more analysis would help curb the costs of regulation.
PMI-PBA® Domain: Analysis. The third in a series of posts about the creation of our PMI-PBA Exam Prep study guide. (The first domain is Needs Assessment and the second is Planning.) PMI calls the third domain Analysis, but it is more appropriately named Elicitation and Analysis because it includes both topics. Elicitation is the asking of questions and research needed to discover requirements. Analysis means to break down a whole into its components for study. So this domain includes the communications necessary to learn about the business and its requirements, along with the analysis work needed to break down the requirements and really understand the needed solution. All aspects of business analysis are important, but if you had to name the core of it all, this is it: Elicitation and Analysis.