An Update On PMI's Consensus Based BA Standard: The Final Phase

 

A Team Status: PMI's Guide to Business Analysis (Includes The Standard for Business Analysis

By Laura Paton

Believe it or not, it’s been over 8 weeks since we updated this blog! We apologize for the gap in our communication, but the team has been busy on our final phase of development work. The public review process was amazing. We received a ton of comments, and like the SME review process, the feedback was insightful, engaging, and very supportive.

The development team reviewed each comment and compared and contrasted the opposing viewpoints. We researched, analyzed, collaborated, and made final changes to the draft. One thing is for sure—PMI’s business analysis standard and guide is a true end-product achieved through the collective experience of business analysis professionals from around the world.

The PMI Guide to Business Analysis (Includes The Standard for Business Analysis) is undergoing final editing and later this summer will be heading for layout and publication. You will find the development team reaching out to PMI chapters and engaging in a number of venues to promote the soon to be launch of this “game changing” business analysis standard.

In case you missed our prior blogs where we highlighted the value proposition or if you saw them but have forgotten what makes this newest PMI standard so special, here are the top five value propositions that I enjoy sharing:

• Provides a thorough exploration and description of business analysis that is applicable and usable for individuals and organizations regardless of the project life cycle in use.

Let’s face it—many teams are moving from predictive delivery models and are faced with understanding what business analysis looks like in an adaptive life cycle. Whether your team is using waterfall, agile or any delivery framework in between, this guide explains business analysis using language that supports your work.

• Makes full use of the extensive PMI research conducted when developing PMI’s professional certification in business analysis (PMI-PBA®) and leveraged when developing PMI’s Business Analysis for Practitioners: A Practice Guide. The end result is a standard based on common practices and community input, and one that is thoroughly aligned to other PMI business analysis products.
• Utilizes a similar design as A Guide to the Project Management Body of Knowledge (PMBOK® Guide), which provides an opportunity to draw relationships and comparisons between project management processes and business analysis processes. A great way to explain how business analysis relates to project management!
• Leverages the beloved Collaboration Points that were first showcased in PMI’s Business Analysis for Practitioners: A Practice Guide. Collaboration points are concise snippets of advice focused on bringing awareness to various opportunities that business analysis professionals can leverage to work with other product roles and stakeholders for improved performance and success.
• A robust glossary of over 500 business analysis terms and definitions that provide foundational context to understand the business analysis language, regardless of the delivery method used within your organization.

Our team is excited that the product launch is fast approaching (Q4). Keep following us for highlights and news. Lastly, thanks to everyone in the community who has contributed and made PMI’s full consensus based standard in business analysis possible.