What is not a typical activity of a systems analyst?

The formulation of capital budgeting models is not a typical activity of a systems analyst. Systems analysts primarily focus on understanding business needs and translating those into technical solutions. Their core responsibilities include gathering requirements, facilitating communication between stakeholders, acting as change agents to implement new systems, and mediating between different groups to reconcile differing interests.

Capital budgeting, on the other hand, is usually the domain of financial analysts or accountants who specialize in investment decisions and the financial planning aspects of a business. This involves assessing the financial viability of projects or investments over time, typically through specific financial methodologies. Therefore, while systems analysts may work closely with financial teams and understand financial implications of their projects, the direct formulation of capital budgeting models falls outside their typical scope of responsibilities.