Business Analyst

Are you familiar with UML? Have you written Use Cases before? Unified Modeling Language is a standard language for specifying, visualizing, constructing, and documenting the artifacts for software systems as well as for business modeling, and non- software systems. It uses graphical notifications to express software designs and helps the project team communicate, explore, and validate the architecture of the software being developed. MS Visio, RationalRose, and Sparkx system are UML tools. Some of the UML diagrams are- use case diagram, interaction diagrams, activity diagrams, class diagrams, sequence diagrams, component diagrams, decomposition diagrams, state diagrams, and deployment diagrams. A use case model is a process of defining how the requirements work. It describes the proposed functionality of a new system. Use Case 1: Manager schedules 10 or more employees for a week. 1 Manager clicks on the manage schedule tab 2 Selects week to manage 3 Once a week is sele...

How is the agile methodology different from Waterfall methodology? Does it make any difference to the responsibilities of a BA ? Agile is one of the trendiest SDLC methodologies. The agile methodology uses short time boxes, called iterations, which typically last one to four weeks, to build software. Iteration is like a mini sub-project and includes all the tasks necessary – planning, analysis, design, development, testing, and documentation. The Agile methodology is used in project management. It helps project makers to build software applications that are unpredictable in nature. In an Agile approach, each step of development is monitored continuously throughout the entire lifecycle of the project. Changes are monitored at every step and can be adjusted even in late development so that the development team can reflect on what needs to be changed and how to become more effective.. So, by using The agile approach, the development teams can steer the project in the right di...

What are the SDLC methodologies you are aware of? In which method you are mastered? Software Development Life Cycle refers to a framework to develop an information system and includes principles of management, planning, organizing, problem-solving, coordination, control, a division of labor, scheduling, and so forth. SDLC provides a structured method for the development and without SDLC method, development projects are at severe risk for missing deadlines, out of control budget, and poor performance. Some of the SDLC methodologies are- 1 Waterfall- it is widely used and follows a structured and sequential development process. 2 Agile – follows iterative development and supports a dynamically changing environment. 3 RUP- iterative and incremental software improvement process. 4 XP – a mix of RUP and Agile, simple and efficient. 5 RAD- developing an application system in a short span of time, suitable for the focused scope and technical architecture is defined and clear. ...

Facets tutorials for health care Business Analyst FACETS With an ever-evolving and growingly complex health care market, what is required mostly is a software solution that goes beyond normal processing and helps the organization in responding quickly and effectively to the changes around the market. The software package should help the organization in achieving its strategic objectives in the industry while ensuring that there are no compromises on other fronts. The changes can be driven by several factors such as government regulations, consumerism, and medical cost trends. “ FACETS ” is one of such health care administration based enterprise-wide software solution. This amazing software platform, with deeply integrated applications, automates processes across your entire enterprise and drives greater cost-efficiencies. FACETS also helps in supporting the organization in getting the consumer-directed products demanded by today's retail health care market and deli...

What is the SAS?   Statistical Analysis System (SAS)  SAS or Statistical Analysis System is provided by SAS Institute, headquartered in North Carolina, USA. It’s an integrated system with software modules which are designed for business intelligence (BI), Customer Relationship Management (CRM), IT and financial Management and many more. The main purpose of SAS is to collate, manipulate and present data. Hence, it’s also widely popular as a data and statistical analysis tool. One of the major advantages of SAS is that it’s highly compatible in many computer environments, making it suitable to be used for different purposes all over the world. SAS business solutions help the organizations in transforming enterprise data into strategic information which in turn will help in the increased performance of the enterprise.       Its products range from Business Analytics, CRM, and Data Analysis to Performance and Risk management. SAS can...

Mortgage interview questions for a Business Analyst Mortgage business analyst Q & A Give a basic overview of mortgage applications! When you submit a loan request, your request will be evaluated based on your present income and the age of the house to determine the final payment terms There are two terms which are used for the calculation and analysis purposes: ·          Front ratio which indicates all the mortgage payments (PITI) which includes your taxes, principal amount, insurance and condominium to your gross income. ·          Back ratio, on the other hand, indicates the ratio of the amount of your total mortgage payment, credit card payments, car payments plus any other loan payments you’re paying to your gross income. Also, the thing to note is to sort out your credit report before applying. This way you can land a fair deal with the lender! Requirements from ...