This technique is used in a few different business analysis tasks in some knowledge areas in the BABOK® v3 guide. These tasks include the following:
Task |
The reason this technique is used |
Prepare for elicitation |
To identify information or patterns that can be used to carry out further analysis |
Conduct elicitation |
To find relevant information and patterns of information |
Analyze the current state |
To help find performance-related information about an organization |
Measure the solution performance |
To help find performance-related information about a solution |
Analyze the performance measures |
To help find information relating to performance, trends, and common issues in order to find meaningful patterns in data. |
Assess the solution limitations |
To help find the factors that potentially constrain the performance of a solution |
Recommend actions to increase the solution value |
To develop predictive estimates of solution performance |
Data mining reveals hidden patterns of information, which provides valuable insight and behavioral information to a business. Effective data mining can also act as a method of validating any human viewpoints that may exist within a specific topic area.
The next technique you need to include in your preparation is data modeling.