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Page 1Classification: Restricted
Business Analysis
Training
Introduction to Business Analysis
Page 2Classification: Restricted
Agenda
• Pre-Project Activity
• Reason for Project Initiation
• What is Business Analysis?
• Who are Business Analyst?
• Role
• Skills
• Responsibilities
• Knowledge areas
Page 3Classification: Restricted
Pre-Project Activity
• Client realizes his need for a software
application.
• He will do an initial analysis on the required
features of the Software Application and will
prepare Requirements Document.
Request for Proposal (RFP)
RFP is a document in
which Business need
appear.
Request for Information
(RFI) is a form that is
attached to RFP
Request for Quotation (RFQ)
A request for quotation
(RFQ) is a standard
business process whose
purpose is to invite
suppliers into a bidding
process to bid on specific
products or services
Statement of Work (SOW)
A document that defines
project-specific activities,
deliverables, and
timelines for a vendor
providing services to the
client.
Page 4Classification: Restricted
Reason for Project Initiation
• Projects plays essential role in Growth and Survival of Organization in
today’s rapidly changing competitive business environment and also in
managing the change and achieving the strategies of the enterprise.
• All projects are aimed to help the project sponsor in one way or the other
to reduce cost, increase revenue or increase efficiency or ensure
transparency etc.
• Projects may be initiated in response to a business strategy in order to,
• Cater market demand
• Tackle competition
• Increase market share
• Comply with regulation
• Create a competitive edge
• Exploit emerging opportunity and many other
Page 5Classification: Restricted
What is Business Analysis?
• Business Analysis is the set of tasks, knowledge, and techniques required to
identify business needs and determine solutions to business problems.
Solutions often includes :
• Systems development component
• Process improvement
• Organizational change
Page 6Classification: Restricted
Why is Business Analysis important?
• Business analysis helps stakeholders achieve a shared understanding of
the organization’s needs.
• This shared understanding puts the team in a position to make legitimate
recommendations for those needs, and ultimately puts the organization in
a position to move forward with the set of recommendations that best
meets those needs.
Page 7Classification: Restricted
Who is a Business Analyst?
Business Stakeholders
Subject Matter Experts (SMEs)
Technology Head
Project Manager QA Manager Production
Support
Junior Technical
Architects/
Assistants
Technical Lead
Developer
QA Leads
QA Analysis
Business Analyst
Technical Architect
Page 8Classification: Restricted
Role of a Business Analyst
• A Business Analyst works as a liaison among stakeholders in order to elicit,
analyze, communicate and validate requirements for changes to business
processes, policies and information systems.
• The Business Analyst understands business problems and opportunities in
the context of the requirements and recommends solutions that enable the
organization to achieve its goals.
• A Business Analyst is responsible for ensuring the project’s outputs meet
the requirements of the business and that they are fit for purpose.
Page 9Classification: Restricted
What are the Responsibilities of a Business Analyst?
Page 10Classification: Restricted
Essential Skills of a Business Analyst
Page 11Classification: Restricted
Knowledge areas of BA
Page 12Classification: Restricted
Project Life Cycle Methodology
Technical Architect
1 Project
Initiation
1.Define Scope
2.HireTeam
3.Develop Business
Case
2 Project
Planning
1.Defineand record
requirements,constraints,
and assumptions
2.Identify project team
and define rolesand
responsibilities
3.CreatetheWork
Breakdown Schedule (WBS)
4.Develop change
management plan
5.Identify risksand
define risk strategies
6.Obtain plan approval
3 Project
Execution
1. Execute tasksdefinesin
the project plan
2. Implement the
procurement of project
resources
3. Manage resource
allocation
4. Implement approved
changes
5. Measure project
performance
6.Verify and manage
change to the project
7. Ensure project deliverable
conform to quality standards
8. Monitor all risks
4 Project
Closure
1.Obtain final acceptance
for theproject
2.Obtain financial,legal,
and administrative closure
3.Releaseproject resources
4.Document and
communicatelessons
learned
5.Createand distribute
final project report
6.Archiveand retain
project records
7.Measurecustomer
satisfaction
Montoring andControl
Page 13Classification: Restricted
Role of a BA & PM
PM:
A Project Manager is ultimately responsible for ensuring the objectives of a
project are met and that the outputs are delivered on time, to cost and to
quality.
BA:
A Business Analyst is responsible for ensuring the project’s outputs meet the
requirements of the business and that they are fit for purpose.
Page 14Classification: Restricted
Knowledge Areas
BA PM
• Enterprise Analysis Integration
• Planning & Management Scope Management
• Requirements Elicitation Time Management
• Requirements Analysis &
Documentation
Cost Management
• Requirements Communication Human Resource Management
• Requirements Implementation Communication Management
Quality Management
Risk Management
Procurement
Page 15Classification: Restricted
Skillset Comparison
Page 16Classification: Restricted
Skillset Comparison
Page 17Classification: Restricted
How do a PM and BA work together?
Initiation
Requirements
Design &
Implementation
Planning
Construction QA Implementation Closure
The Execution of a Project
PM
• Scope
• Budget
• Team
• PIR• Planning • Execution & Control
• Document
Requirements
• System
Checkout
• Scope • Design
• Testing &
Training
Strategies
• Test Case
Creation
• Test
• UAT
• Train
• PIR
BA
Page 18Classification: Restricted
Thank you!

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Introduction to Business Analysis - Part 2

  • 1. Page 1Classification: Restricted Business Analysis Training Introduction to Business Analysis
  • 2. Page 2Classification: Restricted Agenda • Pre-Project Activity • Reason for Project Initiation • What is Business Analysis? • Who are Business Analyst? • Role • Skills • Responsibilities • Knowledge areas
  • 3. Page 3Classification: Restricted Pre-Project Activity • Client realizes his need for a software application. • He will do an initial analysis on the required features of the Software Application and will prepare Requirements Document. Request for Proposal (RFP) RFP is a document in which Business need appear. Request for Information (RFI) is a form that is attached to RFP Request for Quotation (RFQ) A request for quotation (RFQ) is a standard business process whose purpose is to invite suppliers into a bidding process to bid on specific products or services Statement of Work (SOW) A document that defines project-specific activities, deliverables, and timelines for a vendor providing services to the client.
  • 4. Page 4Classification: Restricted Reason for Project Initiation • Projects plays essential role in Growth and Survival of Organization in today’s rapidly changing competitive business environment and also in managing the change and achieving the strategies of the enterprise. • All projects are aimed to help the project sponsor in one way or the other to reduce cost, increase revenue or increase efficiency or ensure transparency etc. • Projects may be initiated in response to a business strategy in order to, • Cater market demand • Tackle competition • Increase market share • Comply with regulation • Create a competitive edge • Exploit emerging opportunity and many other
  • 5. Page 5Classification: Restricted What is Business Analysis? • Business Analysis is the set of tasks, knowledge, and techniques required to identify business needs and determine solutions to business problems. Solutions often includes : • Systems development component • Process improvement • Organizational change
  • 6. Page 6Classification: Restricted Why is Business Analysis important? • Business analysis helps stakeholders achieve a shared understanding of the organization’s needs. • This shared understanding puts the team in a position to make legitimate recommendations for those needs, and ultimately puts the organization in a position to move forward with the set of recommendations that best meets those needs.
  • 7. Page 7Classification: Restricted Who is a Business Analyst? Business Stakeholders Subject Matter Experts (SMEs) Technology Head Project Manager QA Manager Production Support Junior Technical Architects/ Assistants Technical Lead Developer QA Leads QA Analysis Business Analyst Technical Architect
  • 8. Page 8Classification: Restricted Role of a Business Analyst • A Business Analyst works as a liaison among stakeholders in order to elicit, analyze, communicate and validate requirements for changes to business processes, policies and information systems. • The Business Analyst understands business problems and opportunities in the context of the requirements and recommends solutions that enable the organization to achieve its goals. • A Business Analyst is responsible for ensuring the project’s outputs meet the requirements of the business and that they are fit for purpose.
  • 9. Page 9Classification: Restricted What are the Responsibilities of a Business Analyst?
  • 10. Page 10Classification: Restricted Essential Skills of a Business Analyst
  • 12. Page 12Classification: Restricted Project Life Cycle Methodology Technical Architect 1 Project Initiation 1.Define Scope 2.HireTeam 3.Develop Business Case 2 Project Planning 1.Defineand record requirements,constraints, and assumptions 2.Identify project team and define rolesand responsibilities 3.CreatetheWork Breakdown Schedule (WBS) 4.Develop change management plan 5.Identify risksand define risk strategies 6.Obtain plan approval 3 Project Execution 1. Execute tasksdefinesin the project plan 2. Implement the procurement of project resources 3. Manage resource allocation 4. Implement approved changes 5. Measure project performance 6.Verify and manage change to the project 7. Ensure project deliverable conform to quality standards 8. Monitor all risks 4 Project Closure 1.Obtain final acceptance for theproject 2.Obtain financial,legal, and administrative closure 3.Releaseproject resources 4.Document and communicatelessons learned 5.Createand distribute final project report 6.Archiveand retain project records 7.Measurecustomer satisfaction Montoring andControl
  • 13. Page 13Classification: Restricted Role of a BA & PM PM: A Project Manager is ultimately responsible for ensuring the objectives of a project are met and that the outputs are delivered on time, to cost and to quality. BA: A Business Analyst is responsible for ensuring the project’s outputs meet the requirements of the business and that they are fit for purpose.
  • 14. Page 14Classification: Restricted Knowledge Areas BA PM • Enterprise Analysis Integration • Planning & Management Scope Management • Requirements Elicitation Time Management • Requirements Analysis & Documentation Cost Management • Requirements Communication Human Resource Management • Requirements Implementation Communication Management Quality Management Risk Management Procurement
  • 17. Page 17Classification: Restricted How do a PM and BA work together? Initiation Requirements Design & Implementation Planning Construction QA Implementation Closure The Execution of a Project PM • Scope • Budget • Team • PIR• Planning • Execution & Control • Document Requirements • System Checkout • Scope • Design • Testing & Training Strategies • Test Case Creation • Test • UAT • Train • PIR BA