Business analysis is a growing competency required for business and project success. Literatures, including CHAOS Report from the Standish Group, conclude that the absence of good business analysis skills on projects contribute in several ways to project failures. Consequently, business leaders and executives are now paying attention for the establishment and maturity of business analysis practice within their businesses.
This 1-day, Business Analysis Executive Awareness course, introduces business analysis to leaders, executives and other stakeholders. The course distinguishes between the roles and responsibilities of a Business Analyst, Business Relationship Manager, Enterprise Architect, and other roles within software development lifecycle (SDLC), including financial analyst, project manager, software developer, documentation analyst, software tester, quality assurance analyst, etc.
The course also presents business analysis knowledge areas and underlying competencies, approach, tools and techniques, multiple delivery strategies, business analysis practice, and business analysis maturity assessment, as well as, business analysis governance. It further illustrates the value that business analysis brings to the project & the organization on both the short and the long term, and direct and indirect benefits.
This course is based on the Guide to the Business Analysis Body of Knowledge® version 3.0, and it is also aligned with PMI PBA concepts.
LEARNING OBJECTIVES
Participants will gain practical skills to:
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- Recognize the meaning, context and benefits of business analysis according to the International Institute for the Business Analyst (IIBA)
- Address the relationship between the Project Manager and the Business Analyst, and the boundaries, role breakdown and collaboration between the roles
- Explore the differences and the interrelationship between Business Analyst, Business Relationship Manager, Financial Analyst, Enterprise Architect, Software Developer, Software Tester, Documentation Analyst, Security Analyst, and other Subject Matter Experts
- Apply business analysis knowledge areas and underlying competencies • Gain professional understanding and knowledge of BA principles and industry best practices.
- Appreciate business analysis approach for performing business analysis work
- Recognize core business analysis tools and techniques for requirements elicitation, modelling, documentation, analysis and management, and sample templates
- Discuss multiple delivery strategies including waterfall, iterative, incremental and agile
- Apply the approach for establishing and maturing a business analysis practice, including assessment of existing business analysis practice
- Recognize how and why business analysis endeavors and practice should be governed and supported by executives
WHO SHOULD ATTEND
Business Analysis Executive Awareness is suitable for business and IT executives that will support the practice and growth of business analysis within the enterprise including:
- Directors, and other C-Level executives.
- Senior Managers.
- Managers.
PREREQUISITE
There are no prerequisites for this course.
MATERIALS
You will receive a course binder containing copies of presentation slides, case studies, exercises and suggested solutions.
WHAT YOU WILL LEARN
Introduction to Business Analysis
- The International Institute of Business Analysis,
- The Business Analysis Body of Knowledge,
- Definitions of business analysis and business analyst,
- Differences between:
- Project management
- Financial Analysis
- Quality Assurance
- Solution Development
- Enterprise Architecture
- Business Analysis
- Key skills of a Business Analyst
- The role of the BA in a project
Business Analysis Approach
- Approach
- Timing
- Formality
- Prioritization
- Tools including BA Repository
- Project complexity
- Scope and change management
- Sign-off
- Communication
Business Analysis Techniques
- Tools vs techniques
- List of business analysis techniques across business analysis practice
- Which technique is right for your analysis work?
Business Analysis Tools
- Criteria for tool selection.
- List of business analysis tools.
Establishing Business Analysis Practice
- Business Analysis functions.
- Business Analysis organization including roles and responsibilities.
- Business Analysis Center of Excellence.
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- Business Analysis Methodology.
- Business Analysis Mentoring, Coaching and Training & Development.
Maturing Business Analysis Practice
- Assessment tools.
- Assess business analysis practice
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- CMMI.
- ISO/IEC 15504.
- Improving and maturing the BA practice.
Business Analysis Governance
- Definition.
- Prioritization.
- Governance vs Management.
