Requirement Analysis

    A Well begun is half done! getting Requirement Analysis right: The essence of project success

    It is important to do requirement analysis and make a business case for an IT initiative. Clients expect real values in our ability to pinpoint the ideal breadth and depth of the overall project, achieve the best ROI, and meet the strategic business goals.

    We, at Technovisors assist you in defining your IT strategy and IT plan. We understand your Requirement Analysis, carry out business process optimization, and provide you with a Business Requirement Analysis Document containing standard operating procedures and flowcharts. We document functional and system requirements specifications and the economic benefits of the whole exercise.

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    Evaluation of Current Status of Business for Requirement Analysis

    • Define the general scope of business
    • List business functions and associated activitiesList business functions and associated activities
    • Group business functions by category (Strategic, Administrative and Operational)
    • Prioritize business functions and activities for computerization
    • Determine computerization sequence of business functions & activities

    Assess Business Information Needs for Requirement Analysis

    • The types of information (e.g., numerical, textual)
    • The location of the information.
    • The volume of information required.
    • The level of detail required
    • The frequency in which the information is required
    • The duration, in terms of the number of times the information will be used

    Perform a Cost/Benefit Analysis for Requirement Analysis

    • Evaluate tangible (quantifiable) and intangible benefits
    • Determine the full cost of the IT system (purchase price, maintenance).
    • Review costs versus benefits to justify IT purchase
    Helping you achieve your strategic IT Goals
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    Initiating – Risks and Risk Management

    Inaccurate ROI Analysis

    Risk
    Inaccurate ROI Analysis
    Our Risk Management Methodology
    Our structured methodology helps you identify ROI for the IT Initiative and make a realistic budget for the IT Solution

    Lack of Co-ordination: Project Owner Vs. Stake Holder, Finance Vs. IT

    Risk
    Lack of Co-ordination: Project Owner Vs. Stake Holder, Finance Vs. IT
    Our Risk Management Methodology
    Our structured methodology helps you identify business benefits objectively, and the consultants have familiarity with both the perspectives

    Omit Key Business Requirements

    Risk
    Omit Key Business Requirements
    Our Risk Management Methodology
    End-user interviews and surveys

    Overlook available IT solutions

    Risk
    Overlook available IT solutions
    Our Risk Management Methodology
    Knowledge of available IT solutions, their strengths and weaknesses, and Vendors

    Scope Creep

    Risk
    Scope Creep
    Our Risk Management Methodology
    Comprehensive BRD, FRS, and SRS documents

    Stray from strategic goals

    Risk
    Stray from strategic goals
    Our Risk Management Methodology
    Emphasis on business requirements and not too much on the product features and the cutting-edge-technology

    Overlook business processes

    Risk
    Overlook business processes
    Our Risk Management Methodology
    Structured methodology to define Business Requirement Document – BRD covering:
    • Standard Operating Procedures and
    • Flow charts

    Overlook process computerization capability

    Risk
    Overlook process computerization capability
    Our Risk Management Methodology
    Thorough knowledge of business processes and process computerization capability
    Inaccurate ROI Analysis
    Our structured methodology helps you identify ROI for the IT Initiative and make a realistic budget for the IT Solution
    Lack of Co-ordination: Project Owner Vs. Stake Holder, Finance Vs. IT
    Our structured methodology helps you identify business benefits objectively, and the consultants have familiarity with both the perspectives
    Omit Key Business Requirements
    End-user interviews and surveys
    Overlook available IT solutions
    Knowledge of available IT solutions, their strengths and weaknesses, and Vendors
    Scope Creep
    Comprehensive BRD, FRS, and SRS documents
    Stray from strategic goals
    Emphasis on business requirements and not too much on the product features and the cutting-edge-technology
    Overlook business processes
    Structured methodology to define Business Requirement Document – BRD covering:
    • Standard Operating Procedures and
    • Flow charts
    Overlook process computerization capability
    Thorough knowledge of business processes and process computerization capability

    Implementing – Risks and Risk Management

    Technovisors Ensure a successful project definition and justification
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