Question

What are the different types of the gap that a business analyst can encounter during gap analysis?

Answer 1

There are mainly four types of gap –

• Performance Gap – The difference between expected performance and the actual performance
• Product/Market Gap – The gap between budgeted sales and actual sales is termed as product/market gap
• Profit Gap – The variance between a targeted and actual profit of the company.
• Manpower Gap – The gap between the required number and quality of workforce and actual strength in the organization