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Published On: 28 Feb 2025
Last Updated: 28 Feb 2025
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6. What is SWOT? Define its importance
This is again one of the most asked business analyst fresher interview questions.
SWOT is a practical approach to evaluate a company’s Strengths, Weaknesses, Opportunities, and Threats. It helps businesses gauge business capabilities and market conditions and enables strategic planning and risk mitigation.
7. What is GAP analysis?
GAP analysis is done to identify the difference between the current state and the desired future of a business process. The evaluation underscores the area of improvements needed to bridge the gap. This technique assists businesses in strategic planning and optimising performance to achieve business goals.
8. What is the difference between Agile and Waterfall methodologies?
Waterfall follows a linear approach with defined phases (requirement, design, development, testing, deployment). Agile is iterative, more flexible, and adaptive, ideal for projects with clear requirements.
9. How to handle changing requirements in a project?
Handling changing requirements requires a strategic approach like clear communication with stakeholders, analysing impact, and prioritisation. In Agile, change is managed with backlog refinement and sprint planning. In Waterfall, changes are handled with formal documentation and approval.
10. What are use cases and use stories?
In business analysis, a ‘use case’ is a detailed description of users' interaction with systems or applications. ‘User story’ on the other hand is a user-centric description of the desired feature and functionalities, focusing on improving user experience.
