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Results HighlightsThe Business Analysis Benchmark – 2009Path To Success,[object Object],Email Inquiries:	Media@IAG.bizQuestions:	905-842-0123 X228,[object Object],© IAG Consulting 2009,[object Object]
What is Requirements Maturity?,[object Object],Requirements Management Maturityrepresents the overall capability of an organization to define and manage requirements.,[object Object],The Maturity Modelis a visual representation of an organizations' level of maturity across multiple capability areas.,[object Object],Levels of Maturity:,[object Object],Level 1 – Performed  	(Ad-hoc),[object Object],Level 2 – Defined 	(Individual-centric),[object Object],Level 3 – Implemented  	(Consistent),[object Object],Level 4 – Institutionalized 	(Part of culture),[object Object],Level 5 – Continuously optimizing	(Adaptive),[object Object],© IAG Consulting 2009,[object Object]
Most Organizations are Level 1 or 2,[object Object],Almost 75% of organizations have not implemented consistent requirements discovery & management practices, let alone institutionalized these practices across the enterprise.,[object Object]
What Impact Does Requirements Maturity Have Within IT?,[object Object],Going from ,[object Object],Here,[object Object],to,[object Object],Here,[object Object],[object Object]
Time overruns on projects reduced by 87%.
Average on budget performance for technology projects improved by just over 95%.
Budget overruns reduced by just under 75%.
Percentage of projects that deliver the functionality needed by the business rose by just over 75%.
Average functionality missed dropped by approximately 78%.,[object Object]
Poor Requirements Effect Both Development and Maintenance Budgets,[object Object],Average Cost of a $250,000 Project by Maturity Level,[object Object],$356K,[object Object],$343K,[object Object],Difference between these two numbers is Requirements Maturity waste…,[object Object],About $1 in $3 spent.,[object Object],$309K,[object Object],$274K,[object Object],$261K,[object Object],$257K,[object Object],Maturity Level,[object Object],N=437,[object Object],Source:  Business Analysis Benchmark, 2009,[object Object]
Poor Requirement Maturity Can Consume Over 50% of Development Budgets,[object Object],Requirements maturity waste rises on all projects as project sizes get more diverse,[object Object],Source:  Business Analysis Benchmark, 2009,[object Object],From Business Analysis Benchmark - 2008 Study:  A 60% premium is paid on ‘strategic projects’ by low maturity organizations,[object Object]
What Impact Does Requirements Maturity Have on Business Stakeholder Groups?,[object Object],Going from ,[object Object],Here,[object Object],to,[object Object],Here,[object Object],Project Success Rate:,[object Object],49%,[object Object],89%,[object Object],to,[object Object],81.6%,[object Object],Projects that Hit BusinessObjectives of Development:,[object Object],54%,[object Object],83%,[object Object],to,[object Object],53.7%,[object Object],Time Premium Paid to get to Equivalent Functionality on the AVERAGE project:	35%,[object Object],Time Premium Paid to get to Equivalent Functionality on Strategic (larger) projects**:  	56%,[object Object],** From IAG Business Analysis Benchmark - 2008 Study,[object Object]
Myth-Busting,[object Object],Some commonly held beliefs are simply not true…,[object Object]
CIOs Can’t Just Hire Good People and Expect the Problem of Poor Requirements to go Away,[object Object],Lower skilled people in higher maturity companies OUTPERFORMHigher skilled people in lower maturity companies,[object Object],N=437,[object Object],Source:  Business Analysis Benchmark, 2009,[object Object]

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2009 BA Benchmark Slideshow

Editor's Notes

  1. Welcome – introduce selfToday’s session is about:Getting consistency and productivity… Organizations spend so much time trying to force fit requirements like a square peg in a round hole.Let’s talk about getting out of your own way… and making yourself and your organization more successful
  2. Explain the model bucketsMaturity will fall to the lowest overall common denominator
  3. OK which is most important to you TIME, BUDGET, DELIVERING ALL FUNCTIONALITY, BEING SUCCESSDULYES – YOU CAN HAVE IT BETTER FASTER AND CHEAPER
  4. Missed functionality cost is % of missed functionality * Cost of building functionality in the first place * % of times this occurs. Findings are related to ‘larger more strategic projects’ but generally apply to all projects in IT.
  5. What this shows is that it is NOT the methodology that counts, it is the maturity of the organization in the adoption of that method. Waterfall, iterative or any other would be EQUALLY effective. The difference in the average performance is FAR more extreme than simply changing the agile variable.