In the United States (and I am sure other countries), we hear lots of complaints about the cost of regulations. This is especially true during a presidential election year. The paradox of regulatory complaints is that some candidates argue complying with regulations is too costly, while others argue that the cost of not having enough regulations risks the safety of our community. Regulatory costs (or the costs of lax regulation) are not just monetary but also environmental, societal and can result in a degradation of our values and way of life (e.g. lead in our water system). I would like to suggest that more analysis would help curb the costs of regulation.
PMI-PBA® Domain: Analysis. The third in a series of posts about the creation of our PMI-PBA Exam Prep study guide. (The first domain is Needs Assessment and the second is Planning.) PMI calls the third domain Analysis, but it is more appropriately named Elicitation and Analysis because it includes both topics. Elicitation is the asking of questions and research needed to discover requirements. Analysis means to break down a whole into its components for study. So this domain includes the communications necessary to learn about the business and its requirements, along with the analysis work needed to break down the requirements and really understand the needed solution. All aspects of business analysis are important, but if you had to name the core of it all, this is it: Elicitation and Analysis.
Upon learning of the death of Ed Yourdon, I immediately went to my bookshelf and started reviewing his books. Mr. Yourdon didn’t know me, but I feel as if I knew him. Throughout my career, he always seemed to be there when I needed some direction or a new approach to analysis. I recommend many of his books but one in particular was very important to me: Death March.
The second excerpt from our upcoming study guide This is the second in a series of posts about the creation of our PMI-PBA Exam Prep study guide. In my first post I talked about the Needs Assessment Domain and this post will highlight Business Analysis Planning. The PMI-PBA (Professional in Business Analysis) designation recognizes professionals who have experience and knowledge performing business analysis work. Business Analysis work is performed by people with many different titles and this is especially true in studying the Planning Domain. Project Managers recognize the critical importance of planning in project success. PMs have expertise in thinking ahead about how their projects will best be accomplished. They often consult with experts and known project team members to develop their plans and assess risks. This strategy of distributed planning is supported by the PMI-PBA Domain called Planning, and referred to as Business Analysis Planning in PMI’s…
A bridge between two detailed standards
One of the reasons I haven’t yet finished my PMI-PBA Certification study guide is that I wanted to make sure I was in alignment with PMI’s Requirements Management: A Practice Guide. For those of you who may have gone on holiday early, PMI published its new practice guide in December. At the date of this post it is still free to download so I suggest you get a copy.
Study Guide Writing Is Underway
I have started work on our PMI-PBA® Exam Prep study guide! Writing an exam prep book is a big undertaking and always a little daunting. I know many potential exam takers are anxious for a resource to use for their preparation, and I am looking forward to providing it. Until then, I thought I would post excerpts as I develop the content for each domain. This will give you some previews of our study approach and give you an opportunity to share feedback in anticipation of the entire book being published.The first Domain: Needs Assessment, so that’s where we’ll start. Needs Assessment is often the domain that’s most difficult for exam takers because it’s the one where people have the least amount of experience. Here’s some more information from the first draft of the book.
That is the question…..
Ok, I know the title is a bit corny, but hopefully got your attention. This week BBC 2015 opens in Las Vegas, so talking about Business Analysis is timely.
The real question that comes up time after time is as a Project Manager, how often do you find yourself doing all or part of the Business Analyst role on your projects?
Are You a Project Manager or Business Analyst?
I’ve been working with project managers and business analysts for the past 25 years and have thought a lot about the similarities and differences between the professions. I am convinced that they are separate, yet equal careers. Although many of us perform both roles, I believe most people prefer one role over the other. I am never happier than when I am analyzing a complex business problem and designing an innovative solution. Studies have proven that when you do work that you love, you are more committed, more motivated, and more successful. I believe your long-term career success and job satisfaction will be greater if you are honest with yourself (and your manager) about where your true passion lies.
8 Tips for Choosing Business Analysis Techniques
The first time you became aware of the number of business analysis techniques, what was your reaction? Was it shock and awe, or a feeling that you would never be able to master all of them? Or were you familiar with many of the techniques, but not sure if you were using the most suitable ones in your business analysis work?