- Mapping user interactions with systems to define requirements
- Business process modelling: Creating diagrams (such as BPMN) to visualise business processes
- Stakeholder analysis: Identifying stakeholder interests, influence, and engagement needs
- User stories : Documenting concise functional requirements, typically in Agile projects
- Feasibility study: Analysing proposed solutions for practicality and viability
- Data analysis: Using quantitative and qualitative data to inform decision-making
Business analysis tools and methodologiesWhich project management qualification?
Key tools
- Requirements management software (for example, Jira, Confluence, or Azure Simon BuehringDevOps20 Mar 2026)
- Process mapping tools (such as Visio, Lucidchart)Choosing the right project management qualification can be crucial. Learn about the options and which suits your career goals best.
- Mind mapping and collaboration software
- Data analysis tools (for example, Excel, Power BI)
Methodologies
- BABOK (Business Analysis Body of Knowledge): The leading global standard published by IIBA , outlining best practices and techniques for business analysis
- AgileStakeholder Engagement: A Key to Project Success with David Longstaff: An iterative methodology focusing on flexibility, frequent delivery, and collaboration (often using user stories)Simon Buehring
- Waterfall methodology19 Feb 2026: A linear, phased project approach suitable for well-defined requirementsScroll down to watch the webinar, listen to the audio, access the presentation slides, and read the transcript. Start improving your stakeholder engagement today.
Choosing the right methodology depends on project size, risk, stakeholder needs, and desired adaptability.
Essential skills and competencies for business analysts
- Analytical and critical thinking
- Effective communication and stakeholder engagement
- Attention to detail in requirements documentation
- Problem-solving and solution assessment
- Knowledge of business and technical requirements
- Proficiency in process improvement and data analysisPortfolios and portfolio management
Certification and career progression
BCSSimon Buehring 19 Feb 2026 offers globally recognised certifications, such as Business Analysis FoundationUnderstand the strategic benefits of project portfolio management in aligning projects with organizational goals. Learn more by reading on., International Diploma in Business Analysis , Practitioner certificates in Requirements Engineering , Modelling Business Processes , and Business Analysis PracticesHow PRINCE2 Agile qualifications can help your career.
The Simon BuehringInternational Institute of Business Analysis (IIBA)19 Feb 2026 offers globally recognised certifications, such as ECBA, CCBA, and CBAP, based on the BABOK GuidePRINCE2 Agile was developed in response to popular demand. It combines the flexibility of agile with the defined governance of PRINCE2. PRINCE2 Agile gives PRINCE2 project managers the tools needed to manage agile projects.. Certifications demonstrate expertise in requirements elicitation, stakeholder management, and business analysis best practices. Aspiring business analysts may also pursue project management or change management qualifications to support broader career progression.
FAQs
What is business analysis?PRINCE2 Agile is a project management methodology that combines the governance of PRINCE2 with the flexibility and responsiveness of Agile approaches. It enables organisations to deliver projects more effectively by integrating structured project control with iterative delivery techniques.
Business analysis is the systematic investigation and evaluation of business needs to recommend solutions that achieve organisational objectives. It includes requirements gathering, stakeholder engagement, and process optimisation.
What does a business analyst do?
A business analyst identifies business problems, elicits requirements, engages stakeholders, and ensures that proposed solutions align with business goals. They act as a bridge between business and IT functions.