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BABOK Guide
BABOK Guide
10. Techniques
Introduction 10.1 Acceptance and Evaluation Criteria 10.2 Backlog Management 10.3 Balanced Scorecard 10.4 Benchmarking and Market Analysis 10.5 Brainstorming 10.6 Business Capability Analysis 10.7 Business Cases 10.8 Business Model Canvas 10.9 Business Rules Analysis 10.10 Collaborative Games 10.11 Concept Modelling 10.12 Data Dictionary 10.13 Data Flow Diagrams 10.14 Data Mining 10.15 Data Modelling 10.16 Decision Analysis 10.17 Decision Modelling 10.18 Document Analysis 10.19 Estimation 10.20 Financial Analysis 10.21 Focus Groups 10.22 Functional Decomposition 10.23 Glossary 10.24 Interface Analysis 10.25 Interviews 10.26 Item Tracking 10.27 Lessons Learned 10.28 Metrics and Key Performance Indicators (KPIs) 10.29 Mind Mapping 10.30 Non-Functional Requirements Analysis 10.31 Observation 10.32 Organizational Modelling 10.33 Prioritization 10.34 Process Analysis 10.35 Process Modelling 10.36 Prototyping 10.37 Reviews 10.38 Risk Analysis and Management 10.39 Roles and Permissions Matrix 10.40 Root Cause Analysis 10.41 Scope Modelling 10.42 Sequence Diagrams 10.43 Stakeholder List, Map, or Personas 10.44 State Modelling 10.45 Survey or Questionnaire 10.46 SWOT Analysis 10.47 Use Cases and Scenarios 10.48 User Stories 10.49 Vendor Assessment 10.50 Workshops

2.5 Tasks

2.5.4 Select Techniques for Use Results to Influence Business Decision-Making

Guide to Business Data Analytics

The following is a selection of some commonly used analysis and analytics techniques applicable to the Use Results to Influence Decision-Making domain. The following list of techniques does not represent a comprehensive set of techniques used by an analyst in the Use Results to Influence Decision- Making domain but presents a small, but useful, set of techniques that can be used.

Techniques Usage Context for Business Data Analytics BABOK® Guide v3.0 Reference
Acceptance and Evaluation Criteria Used for evaluating recommendations from analytics against agreed-upon acceptance criteria and the alignment with the business need. Chapter 10.1
Balanced Scorecard Used for assessing organizational impact by implementing recommended actions or any alternate solution. Chapter 10.3
Benchmarking and Market Analysis Used to evaluate competitor and market reactions if certain recommendations from the analytics initiative are implemented. Chapter 10.4
Decision Analysis Used to understand and assess the recommendations and alignment of recommendation to business problems.. Multiple tools such as decision trees, multi-factor analysis, and sensitivity analysis can be performed to evaluate the recommendations. Chapter 10.16
Financial Analysis Used to evaluate financial performance when recommended actions or alternate solutions are implemented. Chapter 10.20
Lessons Learned Used to compile the learnings from the analytics initiative with respect to improvements that can be made to the analytics approach, data resources, analytics capabilities, and organizational capabilities that can be leveraged for future initiatives. Chapter 10.27
Organizational Modelling Used to assist change management where the organizational model is being impacted. Chapter 10.32
Prioritization Used to prioritize recommendations or solution options arising out of analytics initiative. Chapter 10.33
Process Analysis Used to understand the impact of recommendations on the future state of business processes. Chapter 10.34
Risk Analysis and Management Used to assess associated risks, constraints, and dependencies by implementing a solution approach or initiating any change. Chapter 10.38