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Introduction To Business Analysis PDF

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Introduction To Business Analysis PDF

Uploaded by

Pavan Kalyan Kola
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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BUSINESS ANALYSIS

A Curtain Raiser
(120 to 150 min)

PRAVEEN UDUPA
Objectives

To provide an overview of the


1 world of Business Analysis
Globally, about $ 200 Billion
is wasted because of failed
IT Projects annually
- The Standish Group CHAOS Report 2012
WHAT IS BUSINESS ANALYSIS?
Globally, About 70% because of lack
of application of Business
about $ 200 Analysis best practices

Billion is
WHY?

wasted
because of
failed IT
Projects
annually
SOURCE: Standish Group CHAOS Report 2012
Definition of Business Analysis

BUSINESS ANALYSIS is a
- mindset and
- a set of tools and best practices
- to enable positive CHANGE in organizations
- by defining their needs and their solutions
- that deliver value to stakeholders
ROLE OF BUSINESS ANALYST
Role of a Business Analyst
A Business Analyst :
accurately understands business problems,
collaborates with and among stakeholders,
elicits, analyzes, documents, validates, communicates and
manages the requirements for changes to
business strategy, business policies, business processes,
IT Systems or a combination of the above,
embeds oneself with the implementation team to ensure
that they design and develop the solution according to the
solution definition
prepares the organization to accept the solution, and
defines and manages metrics to measure the solution’s
success
PROJECT SCENARIOS FOR A BUSINESS
ANALYST
Project Scenarios for a Business Analyst

Application Application
Development Maintenance

Strategic
Product
Business
Development
Analysis

Business
Package
Process
Implementation
Improvement
IIBA® AND THE BABOK®
SEVERAL INDEPENDENT RESEARCHERS HAVE
CORROBORATED THE INCREASING SIGNIFICANCE OF
BUSINESS ANALYSIS SKILLS

1st AMONG THE TOP 18 MOST 28th BEST JOB IN AMERICA 2nd AMONG THE TOP 9 MOST
IMPORTANT IT SKILLS ACROSS ALL INDUSTRIES IMPORTANT IT SKILLS

Big projects need managers, but they


also need business analysts who can
identify users' needs and translate
them for the IT staffers who have to
meet those needs and complete
projects on time. "The demand has
been more for business analysts than
project managers," Reed says
http://money.cnn.com/pf/best-
http://www.cio.com/slideshow/detail/119877 jobs/2012/snapshots/28.html http://www.computerworld.com/s/article/358381
THE DEMAND FOR BUSINESS ANALYSTS HAS NEVER BEEN
HIGHER EVER IN HISTORY

THE DEMAND FOR BUSINESS ANALYSTS OUTRUNS SUPPLY


GLOBALLY

http://www.wantedanalytics.com/insight/2013/04/02/hiring-demand-for-business-analysts-is-your-organization-able-
Source: WANTED Analytics
to-fill-the-skills-gap
Professional Associations
International Institute Of Business Analysis®
IIBA® is an international not-for-profit professional
association for business analysis professionals.
The world's leading association for Business Analysis
Vision
professionals
Develop and maintain standards for the practice of
Mission business analysis and for the certification of its
practitioners
IIBA® Goals Create and develop awareness and recognition of the
value and contribution of the role of the Business Analysis
Professional
– Define the Business Analysis Body of Knowledge® (BABOK®)
– Publicly recognize qualified practitioners through an
internationally acknowledged certification program
– Provide forums for knowledge sharing
– Advance the practices of business analysis within organizations
– Define a roadmap for professional growth and development
The BABOK® v3.0

A globally recognized
reference guide and
standard for the practice
of business analysis.

Describes business
analysis areas of
knowledge, their
associated tasks, skills
and techniques necessary
to be effective in their
execution.
IIBA® Business Analysis Framework
Learning Topics

By now, you:

1. Realize that Business Analysis is a very significant


discipline that is applicable to every job role

2. Understand that Business Analysis is really about


solving business problems

3. Understand the definition of Business Analysis

4. Understand the role of a Business Analyst, and how


they interface with other project roles

5. Know the various project scenarios where BAs are


involved

6. Gain an initial understanding of IIBA® and BABOK v3

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