List of 10 Best Business Analysis Tools

 A business analyst is one who deals with the requirements gathering, elicitation, analysis, and modelling on a day-to-day basis. As today everything is integrated with technology, no doubt a simple and efficient business analysis tool helps in performing the business analysis tasks more quickly and efficiently. You will find plenty of best business analysis tools list on the internet. know more Business analyst Training

It is not possible for a business analyst to learn or use all such tools within the span of his work life. Hence, in this blog, we have focused on only the best business analysis tools which are used by almost all organizations.

However, before using the tools, a business analyst must know the best business analysis techniques to implement these top business analysis tools correctly.

Why do the business analysts need the best business analysis tools for analysis?

Fundamentally, a business analyst needs the best business analysis tools to perform the following functions:

  1. To track requirements
  2. To manage the requirements
  3. To describe requirements in detail
  4. Business process diagram –To model requirements diagrammatically wherever feasible such as Business Process diagram
  5. To collaborate with teams and stakeholders  know more Business analyst Training

Types of Business Analysis Tools

There are three major categories of different types of tools on the basis of the above-mentioned functions. In the next section, we will explain those categories –

  1. Requirement-related tools i.e. to describe, manage, and track requirements
  2. Modelling tools
  3. Collaboration tools

Category 1: What is the purpose of requirement related business analysis tools?

In general, Microsoft Word or Microsoft Excel can be used for requirement management like tracking requirements and describing those requirements. However, these tools are not always effective, and specialized software for requirement management helps to manage the entire job via these tools.

The following are reasons why a business analyst should use requirement-related tools –

  • To remember the changing requirements 

A project may have many requirements for a complete process flow which typically consists of use cases where each use case represents business functionality. Hence, with the change of any use case, the business analyst needs to update related requirement. Now for a human being, it is quite difficult to remember all the requirements and use cases mappings in memory. However, a tool can maintain these relationships easily even if the requirement increases drastically.

  • To sync up with the development team

Top business analysis tools have capabilities to notify about the changes in requirements automatically. Hence, if a business analyst changes the requirement using the tool, the development team gets notified without interacting with people. This helps to prevent code rework and effort loss.

  • To coordinate with QA team easily

Besides the development team, it is also essential for the testing team to get updated on the changed requirements. Most of the functional test cases are requirement based. Hence, if the requirements get changed, testers need to change the test scripts right away to cover the new requirements. know more Business analyst Training

  • To identify the best requirements for a project

During the requirement analysis phase, business analysts collect a lot of requirements. However, most of them don’t need to be implemented at a later point in time. Furthermore, sometimes project de-scopes some of them as the related business objectives no longer seem valid for company objective. Hence, a requirement management tool helps in this regard by prioritizing de-scoped items appropriately. Moreover, with the help of tools, you can trace all requirements through features meeting business objectives. Hence, it becomes easy to identify the requirements that will provide the best ROI.

  • To manage one-to-many relationships

There are scenarios where we need to maintain more than one use cases for multiple process flows. This is a complex situation where it is very hard to decide which requirements and process flow need to be updated for the change in a single use case. Best requirement analysis tools can help in this scenario to correctly identify and map the relations by easy navigation. know more Business analyst Training

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