Business analysis
Crafted to meet the unique challenges of running a business, Bulcode offers exceptional business analysis services. We comprehend the intricacies of harmonising diverse processes to drive success in your enterprise. Our seasoned specialists possess the expertise to delve deep into your business operations, examining internal workflows and customer engagements. Through meticulous analysis, we identify opportunities for optimisation and growth. Our paramount objective is to enhance operational efficiency, curtail expenses, and unearth novel revenue streams. Bulcode appreciates the distinctiveness of each business and invests time in comprehending your precise requirements. Our unwavering commitment lies in assisting you to attain prosperity and expand your business horizons.
Skipping a Business Analyst in a project can pose several risks and challenges. Here are some potential risks associated with skipping the involvement of a BA:
- Inadequate understanding of business needs: Without Business Analysis, there is a higher likelihood of not fully understanding the true requirements and objectives of the business. This can result in misalignment between the implemented solution and the actual needs of the organisation.
- Poor decision-making: Business Analysis helps in gathering and analysing relevant data, identifying trends, and providing insights to make informed decisions. Without this analysis, decision-making may be based on incomplete or inaccurate information, leading to poor outcomes.
- Wasted resources: Without a thorough understanding of the business requirements, there is a risk of investing resources (time, money, and effort) into developing solutions that do not effectively address the business needs. This can result in wasted resources and inefficiencies.
- Increased project failure rate: Business aAnalysis helps in identifying potential risks, challenges, and constraints early on in the project lifecycle. Skipping this crucial step can lead to project failures due to unforeseen issues, unrealistic expectations, or misalignment with business goals.
- Limited stakeholder involvement and satisfaction: Business Analysis involves engaging stakeholders to gather their input, understand their needs, and ensure their satisfaction with the proposed solutions. Skipping this process can result in limited stakeholder involvement, reduced buy-in, and decreased satisfaction with the final outcomes.
- Missed opportunities for innovation and growth: Business Analysis helps in identifying market trends, customer needs, and opportunities for innovation. By neglecting this analysis, a company may miss out on potential growth opportunities and fail to stay competitive in the market.
CATWOE analysis is a systems thinking tool used to understand and define the key stakeholders and perspectives involved in a problem or situation. The acronym represents Customers, Actors, Transformation Process, Worldview, Owner, and Environmental Constraints. By considering these elements, CATWOE analysis helps in comprehensively identifying the different viewpoints, goals, and constraints associated with a particular issue, aiding in developing holistic solutions and decision-making.
We categorise requirements into four groups: Must-haves, Should-haves, Could-haves, and Won't-haves. This helps stakeholders and teams to clearly define essential features (Must-haves), important but not critical features (Should-haves), features that are nice to have (Could-haves), and features that are not feasible or considered for the current scope (Won't-haves), aiding in effective resource allocation and decision-making during project development.
We break down the planning process into four key components: defining the organisation's mission and purpose (Mission), setting specific and measurable goals (Objectives), outlining high-level approaches to achieve those goals (Strategies), and detailing the specific actions and steps to implement the strategies (Tactics).
PESTLE analysis is a strategic tool used to analyse and evaluate the external macro-environmental factors that can impact an organisation or a project. The acronym stands for Political, Economic, Social, Technological, Legal, and Environmental factors. By examining these six categories, organisations can gain insights into the external forces that might influence their operations, decision-making, and overall success.
SWOT analysis is a strategic planning tool that helps organisations assess their internal strengths and weaknesses, as well as external opportunities and threats. The acronym stands for Strengths, Weaknesses, Opportunities, and Threats. By analysing these four aspects, businesses can develop a clearer understanding of their current position and make informed decisions about strategies, goal-setting, and risk management.
The 5 Whys technique is a problem-solving method that involves repeatedly asking "why" to uncover the underlying causes of an issue. By iteratively probing deeper into the reasons behind a problem, typically reaching five levels of questioning, it helps to reveal the root cause rather than just addressing symptoms. This approach aids in finding more comprehensive solutions and preventing similar problems in the future.
- The Business Analyst plays a vital role in maintaining alignment and clarity throughout the change process, specifically by developing explicit business requirements that fall within the project's scope. Through thorough analysis, they become attuned to new organisational demands, enabling them to assist companies in gaining a deeper understanding of the necessary adjustments to uphold performance levels.
- A key responsibility of the Business Analyst is implementing strategies to prioritise requirements at different stages of the requirements life cycle. This ensures that efforts from stakeholders are concentrated on what truly matters, optimising the allocation of resources and driving meaningful outcomes.
- Acting as a bridge between stakeholders and the project team, the Business Analyst excels in effective communication, eliciting requirements, and managing expectations. Their expertise lies in analysing business processes and identifying opportunities for improvement, positioning them as valuable catalysts for successful project outcomes. In an ever-changing market landscape, the business analyst is an invaluable asset, facilitating seamless adaptation and helping organisations thrive.
It's important to note that the business analysis lifecycle is iterative and may involve revisiting previous phases as new information emerges or project circumstances change. Effective collaboration and communication among stakeholders, project managers, and the business analyst are crucial for successfully navigating the business analysis lifecycle and delivering a project that meets the desired objectives.
Our projects
Erad - non-dilutive funding and payments in the middle east
Summary
Zaharó – cake and confectionery e-shop
Summary
Power up with ViV Isomatic – your one-stop e-shop for electrical equipment
Summary
Bulcode is an amazing partner. We use them when we need to staff up our development team. They are honest, hard-working, and communication is great. They have 5 stars, remote developers!
"We are extemely happy with the services provided by Bulcode. They always respond in a timely manner and manage to fulfil on schedule with high-quality tasks that we have set or to fix issues that have arisen."
Bulcode has developed a high-quality MVP for our web app. They deliver on time and work fast. The team has been flexible in swapping things out when something doesn’t work out. Moreover, they have good DevOps infrastructure and AWS setup skills and have provided advisory in that area. They are a team of doers. They don’t just try to sell us beautiful things; they’re technical experts who know their stuff and deliver on it. The team has really familiarised themselves with our product, and they do what it takes to make it successful.
"With this reference, we from Fraport Bulgaria express our gratitude to the team of Bulcode 2016 Ltd. for their contributions, which encompassed not only the successful migration of our web portals for the Varna and Burgas airports but also the seamless integration of new functionalities. We cannot emphasize enough the team's commitment and dedication, as well as their business analytical capabilities. The individual approach, timely deliveries, ongoing support, and thorough documentation of the developments are just a few of the reasons to continue the active partnership with Bulcode 2016 Ltd.
It is a privilege and obligation for us at Fraport Bulgaria to endorse the team of Bulcode 2016 Ltd. as extremely competent, reliable, and responsible in the execution of their commitments."
The company's adeptness at applying Agile methodologies within the constraints of a fixed price and scope project was remarkable. This not only demonstrated their flexibility and commitment to delivering value but also their skill in balancing structure with adaptability.
Their communication was exemplary, characterised by transparency and promptness. The team’s responsiveness to our feedback and their proactive updates ensured a seamless and efficient collaboration, making it clear that our project was a top priority.
The quality of work, coupled with the team's initiative to go beyond the agreed scope—through performance optimisations, load tests, and backend refactoring—was particularly impressive. These efforts not only enhanced the project's outcome but also demonstrated their commitment to excellence and added value.
The work done by Bucode to create the Viv Isomatic website was outstanding. Problems that arose were dealt with quickly and professionally and the team is very cooperative. Their suggestions to improve efficiency and streamline the work were very helpful.
The follow-up support of the e-shop was also at a very good level.
Bulcode’s team is supportive and provides a lot of options to show me what is possible for my site.
Bulcode has proven to be a reliable partner. With them, we are able to quickly scale our development team when needed without any buzz.
We are constantly looking for different ways to expand our in-house staff in order to meet the high demand. Bulcode happened to be the perfect partner for scaling our development potential with minimum effort.
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Svetoslava Angelova
Head of DeliveryNumbers are our playground, insights are our game!