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The requirements and problems of a business/project should be studied and understood by a BA, and he/she should set a scope for the business problem. A feasibility study is identifying the possibility (success rate) of the proposed idea for a business problem. It helps identify new opportunities and focus on the project.
A risk is defined as an uncertain event that causes a threat to the existing business, which can cause an impact on revenue or sometimes on the profits of a business. Risk-management techniques such as risk avoidance, reduction, transfer, and acceptance can be used. We have to identify, analyze, evaluate, and control the risk in a business.
There are five phases in project management which include:
A project will involve a set of activities from start to finish. A critical path is the set of activities that includes the longest path in the whole project. So, critical path analysis is a key component in reducing project timelines and controlling cost.
Our Business Analyst Course Trainers in our Elegant IT Services
Business Analyst Course Placement through Elegant IT Services
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The flow of the course is excellent. The Business Analytics Course in Bangalore is effectively designed with a smooth transition from topic to topic. The best thing about the BA course is that I can refresh all the topics and clear any doubts with the trainer whenever I want without paying any additional fee.
Taking up Business Analytics Course in Bangalore from Elegant IT Services was one of the best career decisions i have made. Their BA course curriculum starts with the basics of Analytics and covers all the advanced aspects of the Analytics ecosystem. I received proper guidance and placement assistance in this institute. They played a key factor in my professional success.
They have very good and helpful teachers. All my queries were regularly attended in the class and solved on time. I received proper guidance and assistance to bag a well-paid job in Business Analytics.