What term is commonly used to describe methods and techniques for carrying out business analysis tasks?

The term "methodology" is commonly used to describe a systematic, structured approach that encompasses a set of methods and techniques for carrying out business analysis tasks. It provides a comprehensive guideline on how to define, approach, and execute business analysis activities effectively and efficiently. Methodologies are important because they help ensure consistency in how business analysis is conducted, leading to better results and more reliable outcomes.

For instance, a methodology may include specific steps or stages to follow, such as initiation, planning, execution, monitoring, and closure of business analysis projects. By adhering to a defined methodology, business analysts can leverage proven techniques, tools, and approaches that have been validated over time, facilitating a more organized and strategic approach to problem-solving and project delivery.

While tools may refer to specific software or applications used in the analysis process, and best practices denote established superior methods without the structured framework that a methodology provides, a framework typically offers a broader structure without the detailed procedural guidance that a methodology implies. Thus, methodology is the most accurate term for describing the comprehensive set of methods and techniques utilized in business analysis tasks.