What is Business Analysis?
Business Analysis is defined as a discipline for enabling change, understanding business needs and recommending solutions to those needs that deliver business value. Traditional business analysts were attached to projects after the scope of work had been executed, and their job was to then work with business and technical stakeholders to determine the requirements that would be necessary to deliver the scope.
Why You Should Develop Business Analysis Skills
In today’s increasingly complex marketplace,business analysts plays a critical role in keeping an organization aligned to its strategy and design solutions, while recognizing and addressing the fullscope of necessary changes in an organization.
While it was originally a discipline that helped elicit, gather, and clarify business requirements into a language that solution developers could use, it is now a collection of skills that can be of strategic importance to any organization or industry.
What are Important Business Analysis Skills?
Some of the most important business analysis skills are:
- Identifying the broad portfolio of change priorities within an organization.
- Selecting and defining programs and projects that meet identified business needs and priorities.
- Grasping all that is involved in a change initiative, including required costs, resources, and risk.
- Measuring, tracking, evaluating, and managing the solutions that are intended to deliver the required benefits.
Employees who can think through the lens of business analysis and make decisions based on business value help organizations identify which work should be undertaken to reach a strategic goal as well as how to get better business outcomes from future project-driven work.
What Will I Learn From Your Business Analysis Curriculum?
By completing our courses, you will have learned how to drive business value for your organization.
The curriculum focuses on four main sub disciplines of business analysis:
- needs identification and solution design
- requirements management
- benefits management
- and enterprise analysis
You’ll learn how to:
- Develop and execute a test plan
- Create, communicate, and validate conceptual data models with business stakeholders
- Create use case models
- Conduct major activities performed during each phase of Process Modeling Management (PMM), including workflow modeling
Analyzing Benefits and Refining Solutions
Analyzing Benefits and Refining Solutions is a course that addresses the way in which benefits contribute to achieving strategic goals and objectives. It describes benefits measurement, tracking, and management and the role of change management during change initiatives. The main focus of the course is solution evaluation and continuous improvement.
Business Process Modeling
As a business analyst, your role is key in defining the requirements during planning and in facilitating solutions to business challenges. The business analyst must be aware that any project may require the redesign and redevelopment of processes and that processes must enhance and meet the organization business goals.
Eliciting and Managing Requirements
Eliciting and Managing Requirements looks at the processes around solution scope validation, collaborative elicitation, modeling the solution, documenting effective requirements, solution validation, requirements change management, and how to plan the work necessary to successfully drive the whole process.
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