21⟩ PEST stand for?
It means Political, Economic, Social, and Technological. It is used to analyze business environment, in which it has to be operated.
“Business Analyst frequently Asked Questions by expert members with experience in Business Analyst. These questions and answers will help you strengthen your technical skills, prepare for the new job test and quickly revise the concepts”
It means Political, Economic, Social, and Technological. It is used to analyze business environment, in which it has to be operated.
It means Software Engineering Body of Knowledge.
They are Forming, Storming, Norming, and Performing.
Agile is basically a technique that uses several light-weight methodologies such as Rapid Application Development (RAD), Extreme Programming (XP) and SCRUM. All these methodologies focus on the development of iterative solutions.
It is a process of comparing and determining the difference between two things or processes
It means Joint Application Development.
It is one of the agile methods, used to develop iterative information systems. In this method a small team works on the assigned tasks for a time period of 30 days usually.
The pair-Choice Technique is used to give priority to various items in a process. It is mainly used when distinctive stakeholders are involved in the project. This technique asks from the group to compare each item with the other and select the one having highest priority.
V model requires less time and cost.
Pool is dedicated activity to a single person.
The Boston Consulting Group (BCG) matrix is developed to analyze several of business processes and new product offerings from companies. It is a useful tool that can be used in portfolio analysis, strategic management, product management, and brand marketing.
There are primary and secondary actors. Primary actors start the process and secondary actors assist them. Moreover, actors can be of four types such as Human, System, Hardware and Timer.
Application usability is actually the quality of the system that makes the system useful for its end users. System's usability is good if it is capable of achieving users' goals. Personas are basically social roles, performed by any actor or character. It is derived from a Latin word meaning character. In marketing terminology, it represents group of customers/end users.
Use Case points are used to evaluate the cost of work done to develop the system.
A swimlane is related to group activities on an activity diagram.
Fish model is comparatively very costly and time consuming.
Fish model is used when there were no ambiguities in the customers' requirements.
When we perform any activity in a database, such as addition, deletion, modification, searching etc. is said to be a database transaction.
OLTP stands for On-Line Transaction Processing; such systems are capable to perform database transactions and are meant to provide good speed for database transactions. These systems are mainly used for data entry and retrieving data from the database.
It means Failure Mode and Effects Analysis. It is a failure analysis, that is used mainly in product development, system engineering and operations management. This analysis is performed to figure out various failure modes and their severity in any system.
Pugh Matrix is used to decide about the most optimal and alternate solutions. This technique is now a standard part of Six Sigma technique. It is also known as problem or design matrix.