What is BA
What is BA
have you ever wondered how to avoid
waste and ensure return on investment
come along to transform strategy into
results executives defined targets for
tactical and operational areas resulting
in business requirements and the
projects that deliver the solution for
example in order to reduce costs a
manual process can be automated herein
lies the challenge the success of
projects depends upon clear concise
communication of the business
requirements for example the customer
asks for a fast system this may be
understood by the software developer in
different ways often the requirements
are not well understood and the results
are only visible after months of work
and investment rework and additional
time and money is incurred to correct
any miscommunicated requirements
business analysis solves this problem
business analysis is a set of concepts
and techniques that align the business
goals and objectives to a solution which
is delivered by a project in turn the
organization's investment is realized
the business analyst ensures alignment
of the business investment to the
resulting solution in three primary ways
one understanding the real needs of the
business 2 proposing a solution based on
feasibility analysis and a business case
3 ensuring the solution is developed to
meet the needs specified
business analysis tasks and techniques
were compiled into a guide called PI IV
a business analysis body of knowledge or
Babic the Babic was created by the
International Institute of business
analysis III ba which is a non-profit
organization that works to develop and
maintain standards for the practice of
business analysis and for the
certification of professionals the fabok
guide lists 32 tasks and 49 techniques
organized into seven knowledge areas
that facilitate the practice of business
analysis so how can you take advantage
of business analysis in your
organization here are four possible
strategies the first one is to establish
business analysis practices in your
operational areas so requirements can be
detailed based on standards the second
strategy is to practice business
analysis tasks and techniques within
projects to enable a better
understanding of the business needs
before the solution is identified the
third strategy is the development of a
business analysis center of excellence
that facilitates communication between
the various stakeholders finally a
strategy that utilizes all three
approaches which will align all
organizational areas and increase
successful outcomes so how to begin a
business analysis focus in your
organization well it begins with the
executive sponsor understanding the
value that business analysis brings to
the organization where does this story
end it ends with more motivated project
teams more satisfied customers higher
return on investment and fewer conflicts
between all areas
For further detail
Click on the link given below
https://youtu.be/xGAz4vWw0uM
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