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Business Analysis

Business Analysis: The Best Way to Start a Project

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How do projects get started in your organization? If you’re thinking, “well, it depends,” you are not alone. Few organizations have a well-defined, consistent way of deciding when work becomes a project. However, a strong business analysis practice can save an organization significant time and money by weeding out low-value projects and prioritizing valuable ones based on business need and realistic, expected benefits. This article by Barb Carkenord provides best practices for starting a project. If you’d like to improve your career by learning Business Analysis techniques or if you are considering business analysis training for your team, contact RMC here.

PM and BA???

I have been talking about the importance of having a PM and a BA on a project for 10 years. Although I still would prefer this arrangement I recognize that few teams have the luxury of pure roles. So everyone needs to have a basic knowledge of project management and business analysis. Even if you have clear roles, it helps when you understand something about what your co-worker is doing. This multi-disciplinary approach really helps if you are moving to a more agile style work also.

New White Paper on PMI-PBA® Certification Now Available

Business analysis skills are no longer optional for a project team. Surveys continue to show that poor requirements management is the number one reason for project failures. Project managers either have to enhance their own business analysis skills or bring a business analyst onto their teams as a professional partner from the initiation of a project through closing.  Business analysis skills include critical thinking, elicitation, and requirements modeling. These skills and many more are now recognized with the PMI-PBA® Certification program, the PMI Professional in Business Analysis.

Changes to the PMI Professional in Business Analysis (PMI-PBA)® Exam.

I’ve been getting questions about the upcoming changes to the PMI Professional in Business Analysis (PMI-PBA)® exam. This is understandable, since PMI has announced an exam change for June 25, 2018 to harmonize the exam with The PMI Guide to Business Analysis released in 2017. Exam Changes For 2018, the only change to the PMI-PBA exam is a minor lexicon update to harmonize the terminology between the terms used in the exam questions with The PMI Guide to Business Analysis. This simply means that some questions might be reworded to better to reflect the terms used in the guide. The good news is if you are studying for the exam, the change is not significant, and you now have one more resource to use as a study tool. If you have taken the exam and did not pass on your first try, this new resource may explain business analysis is a style which…

BBC highlights: What kind of Business Analyst are you?

I was fortunate to attend and present at the Building Business Capability Conference (BBC) last month in Orlando, Florida. Just like every past year, the best part of the conference for me is getting together with old friends and meeting new business analysis professionals who are enthusiastic about improving their organizations.  This conference has continued to grow every year with many new categories of track sessions. I attended some great sessions from the Fast Forward track, topics like robotics, artificial intelligence, and ideas for new organizational structures for the changing world. I also enjoyed modeling, elicitation, and analysis sessions picking up tips on improving basic business analysis tasks.

Tailoring Scope by Project

Maybe we cannot have just one model or standard set of definitions for all types of projects. As the project management discipline matures, we have discovered that different types of projects require different management. This whitepaper recommends that scoping should be tailored to the type of project and product being undertaken, rather than trying to design a standard scope statement or statement of work (SOW) for all projects.

Where Business Analysis Skills are Used

Who uses Business Analysis Skills and what is Business Analysis? IIBA® (International Institute of Business Analysis)™ defines the discipline of business analysis as “the practice of enabling change in an enterprise by defining business needs and recommending solutions that deliver value to stakeholders.” The definition describes work which could be performed by almost any employee in an organization. Anytime an employee puts an idea in the suggestion box, it is possible they analyzed a need and are recommending a solution.

The Procrastination Penalty

Analyze Why You Procrastinate

I generally don’t procrastinate― in fact, I often do things too early and end up reworking a bit when circumstances change. But when I do procrastinate, I become very frustrated with myself for letting something go that could have been done earlier under less time pressure. So why do we procrastinate? I have analyzed my delays and usually find when I dread doing a task (like paying bills or preparing taxes), I procrastinate. People also procrastinate when they are unsure about how to do a particular task. It is okay to procrastinate as long as you know why you delaying and have performed risk analysis.

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