Role Based Training
Business Analysis
ZaranTech LLC.Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
IntroductionsWhat is “Business Analysis”?BA as a “Career” & Training HighlightsDemo LessonCourse StructureMaterials sharing & BA BlogQ & A
Agenda
ZaranTech LLC.Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
What is Business Analysis?
Business analysis is the set of tasks and techniques used to work as a liaison among stakeholders in order to understand the structure, policies, and operations of an organization, and recommend solutions that enable the organization to achieve its goals.
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Who is a Business Analyst (“BA”)?
Primary Function• Business analyst serves as
liaison, translator, communication bridge between nontechnical project stakeholders and the technical solution team
• Provides decision support pertaining to acceptable risk through formal capture, analysis, and documentation of Technical requirements
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Other functions of a BA…
FacilitatorModerator Skilled ListenerTeam LeaderVisionaryTrouble Shooter SME/Domain ExpertProject Management
And more…
ZaranTech LLC.Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Why BA?
Humor: Don't underestimate the impact of a Business Analyst!
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Market Research
The biannual benchmark CHAOS Report from the Standish Group (www.standishgroup.com) documented the following facts:Successful projects: 34%
On time, on budget, all features and functions
Challenged projects: 51 %82% average time overruns43 % average cost overruns52 % features and functions actually implemented
Failed projects: 15% Project cancelled before completion, no deliverables
“Because requirements definition forms the foundation for all subsequent project work, improvements here will have a positive impact on overall project success.”
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Why choose a BA career? BA jobs are increasing in this present market of about 36%.
Business Analyst is one of the most in-demand and hottest jobs that employers are looking for.
According to the U.S. Department of Labor and an IIBA Salary Survey, Business Analysts can earn over $100,000 per year.
Research shows the IT Analyst job to be the 7th best job in America, with a 10-year growth outlook of 36%.
BA is one of the top ten recession proof jobs (Forbes Magazine) and is the top paid among the 10.
BA jobs cater to many Domains like pharmaceutical, health care, Insurance, finance, banking, mortgage, accounting, financial budgeting and controlling, bonds, medical insurance, etc.
Secure Job - it also shows that a Business Analyst could be possibly secured from the economics of recession, as seen recently the world over. These jobs can not be offshored.
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Training Prerequisites
Who should plan on joining?Prior Experience only?
Entry-level IT Business Analysts
IT Professionals only? Non IT professionals aspiring to get into Business analysis/analyst.
Self-taught IT Business Analysts wanting to fill in the gaps and put all the pieces together
Systems Analysts and programmers interested in expanding their role into the business area
Basic SQL skills & some Domain Knowledge is a PLUS!
NoNo
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Training Highlights Role-Specific Training Hands-on Mentoring and Interactive Sessions 40 Hours of Online Instructor-led sessions Live Case Studies Assignments after every session Training Blog – All materials including videos, assignments High Quality Materials including Domain material Resume Preparation Guidance plus 70-80 BA resumes for reference Mock Interviews – Technical & Project skills FREE On Job Support for 3 months after placementOur Business Analyst Training uses best practices and guidelines from International Institute of Business Analysis (IIBA®) in their Business Analysis Body of Knowledge® (BABOK® v2.0). The training content is customized to meet the practical needs of a Business Analyst professional.
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Demo Lesson
Positioning Business Analysis
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Objectives
By the end of this unit, you will be able to:
Define the critical role of the business analyst with respect to requirements definition and management
Position Business Analysis within the overall discipline of Project Management
Justify creating and adopting a formal business analysis documentation strategy
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Projects: Two Perspectives
Project management perspective:
1. Initiation 2. Planning 3. Execution 4. Control5. Closure
Systems Development Life Cycle (“SDLC”) perspective:
1. Analysis 2. Design 3. Construction 4. Testing 5. Implementation 6. Post-implementation
support
ZaranTech LLC.Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Integrating the Two perspectives: Typical Project Phases
Projects are defined and managed in phases
Each organization will have its own policy regarding the phases and governance applied to projects
Typical phases appear in the graphic (to the right)
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
BA Role Throughout the Project
Project Manager Accountable for overall project coordination and the
successful implementation of all deliverables on time, to budget, and matched to requirements
Comparable to an orchestra conductor who coordinates the work of a team of specialists
Initiation Analysis Design Construction Testing Implementation Closure Post-implementation Support
• Business Analyst• Leads during the Analysis
phase and supports during all other phases
• Increasingly leads during user acceptance testing
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
The Business Analysis Value Triangle
Business Analysis provides the following values with regard to requirements capture:
Visib
ility
Traceability
Accountability
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Value Through Visibility
Properly conducted Business Analysis mandates the formal documentation of all requirements
Nothing can remain hidden or left to verbal agreement
Visib
ility
Traceability
Accountability
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Value Through AccountabilityProperly conducted Business Analysis mandates that
all requirements documentation be signed off by the client acceptor, who represents the aggregate needs of the user community and has the authority to sign on its behalf
Visib
ility
Traceability
Accountability
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Value Through Traceability
Traceability enables mapping of project deliverables all the way back through their specifications to the original requirements documentation
Traceability also means showing how different levels of requirements (such as user and management) relate to each other
Visib
ility
Traceability
Accountability
• Authorized requirements documentation becomes part of the legal contract between the client group and the solution provider (internal or external)
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
The Need for a Formalized Documentation Strategy
Sets expectations for all concerned as analysis gradually uncovers requirements
Allows structured approach to complex solutions environments, with predefined review, feedback, elaboration, and approval points
Requires more up-front time and effort, but is ultimately much cheaper and safer than chaos
Let’s take a look at a Sample Business Requirements Document (“BRD”)
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com
Business & IT do not essentially
speak the same language…
<<Back to Objectives
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What is a Project?
Project Management Institute (PMI®) definition of a Project A temporary endeavor undertaken to create a unique product,
service, or result* Temporary -special-case activity rather than an everyday business process Unique -all projects create select deliverables, which can be goods (products) or
services
*Source: PMBOK® Guide, p. 368. "PMI" is a service and trademark of the Project Management Institute, Inc., which is
registered in the United States and other nations. "PMBOK" is a trademark of the Project Management Institute, Inc., which is
registered in the United States and other nations.
<<Back to Objectives
ZaranTech LLC.
Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com