As planned before the close of 2014, PMI has published its first global standard in business analysis. Complementing the launch of the PMI-PBASM certification in September, Business Analysis for Practitioners: a Practice Guide, further builds out PMI’s resources in the business analysis and requirements space. This practice guide provides a very thorough look at business analysis by presenting the tasks, knowledge, and skills that are utilized to conduct this important work. Leveraging the extensive research from the role delineation study completed for PMI in 2013 as well as the experience of a number of industry thought leaders and experts in the field, this practice guide delivers a wealth of proven and common practices to help organizations and practitioners apply business analysis successfully.
This practice guide presents the work of business analysis across 5 domains; Needs Assessment, Business Analysis Planning, Requirements Elicitation and Analysis, Traceability and Monitoring, and Solution Evaluation. Content is provided in a straightforward and clear manner, accompanied by examples throughout, which demonstrate the concepts visually. The guide is valuable to anyone who performs business analysis, works or employs business analysts, starting out in the profession, or building upon their existing knowledge of the practice. Additionally, for those interested in pursuing the PMI-PBASM certification, the practice guide now serves as an additional reference to help prepare for the exam.
The Business Analysis for Practitioners: a Practice Guide will be available to the community for free download for six months. PMI membership is not required to download the guide. Download a copy today and begin your journey to better business analysis!
Need to learn more about business analysis after PMI®Global Congress?
If you attended PMI®Global Congress in Phoenix last month, you had the opportunity to experience some outstanding presentations in the Business Analysis and Requirements (BAR) Track as well as collaborate with a host of talent at the Open Jam sessions. There was definitely a lot of interest and excitement around business analysis.
If you didn’t get a chance to attend the conference, there is still much more planned for those interested in learning more about business analysis and its importance in driving project success. As announced at the conference, PMI will be publishing its first standard covering business analysis later this year. Business Analysis for Practitioners: A Practice Guide will provide guidance for practitioners who are looking for how to get started or how to improve a current business analysis practice within their organization.
The practice guide will cover the tasks and activities in business analysis from pre-project Needs Assessment through post-project Solution Evaluation. The big value behind this practice guide is that material is presented in a simple and straightforward manner. Examples are provided throughout to help provide visual context to the techniques and models as they are discussed. The practice guide was built off a substantial amount of research and aligns strongly to the role delineation study conducted for the PMI-PBA certification exam.
Business Analysis for Practitioners will be available for free download for six months from PMI’s Requirements Management Knowledge Center of Excellence web page in December. The guide will also be available in print form for purchase from PMI’s online bookstore. The date is nearing, so keep checking back here for more information.
Global Congress 2014 is almost here! In my last post, I shared with you the exciting information about PMI’s up and coming product offering, Business Analysis for Practitioners: A Practice Guide. This week I would like to share some information about the up and coming PMI® Global Congress 2014 and all the opportunities that will be available for those interested in learning more about business analysis. This year the conference is being held in Phoenix, October 26-28.
Added to the conference this year is a brand new track which was built to specifically focus on business analysis - “The Business Analysis and Requirements (BAR) Track”. Why was a whole new track created? Basically because PMI’s stakeholders have requested that PMI place greater emphasis on this knowledge area due to the importance that business analysis plays in ensuring project success. This track is dedicated to providing a forum for valuable information and knowledge sharing. Anyone looking to learn more about business analysis will have an opportunity to obtain a wealth of practical guidance from some of the industry’s most influential thought leaders in this space.
Although this is the first year launching the BAR Track, PMI has lined up over 19 prominent subject matter experts to share their expertise and provide educational sessions in the area of business analysis. Here are just a few of the industry leaders who will be presenting:
- Joy Beatty, CBAP
- Barbara Carkenord, CBAP
- Ellen Gottesdiener
- Mary Gorman, CBAP, CSM
- Shane Hastie, CBAP, MIM, ICE-VM
- Elizabeth Larson, CBAP, PMP, CSM
- Angela Wick, CBAP, PMP
In addition to the session activities, there will be opportunities to dive deep into conversations about agile business analysis with an array of practitioners. This year, Open Jam: Business Analysis & Product Management in Agile is being offered in collaboration with the Agile Alliance. Open Jam, as the name implies, is an opportunity to be involved in some very interactive impromptu discussions with peers and experts in the industry on any topic of interest about agile business analysis or product management. The topics will be suggested by the attendees and will be facilitated by Ellen Gottesdiener and Mary Gorman.
Additionally, there will be a number of great professional development sessions on Business Analysis and Requirements being offered through Seminars World which will kick off directly after the conference October 29-30. The two day courses are as follows:
- The Agile Business Analyst — Shane Hastie, MIM, CBAP
- How to Capture Customer Requirements and Develop Project Scope — Gregory D. Githens, M.B.A, M.En., NPDP, PMP
- Requirements Management: Bridging the Gap to Project Success — Shika Carter, Six Sigma Green Belt, PMP, CBAP, PgMP, CSM
There is even more expected from PMI, for those desiring more on business analysis. In my next blog, I will return back to the topic of the Business Analysis Practice Guide, discussing what is in store for conference attendees and what is next for the practice guide after Global Congress.
Are you attending the Global Congress this month? If so, stop by and introduce yourself. Sit in on the BAR Track or get involved in Open Jam.
See you soon~
The wait is almost over! Business Analysis for Practitioners: A Practice Guide is currently in editing and soon to be prepared for publication. The guide will be available in Q4 for download from PMI’s website and in print from PMI’s Market Place.
Here’s what to expect:
- A go-to source for learning how to apply business analysis best practices by practitioners within your organization
- A PMI standard developed by recognized leaders in the field of business analysis
- Numerous practical examples and demonstrations of models and techniques
- A valuable reference for preparing for the PMI-PBA certification
- Extensive industry research assembled together to define common practices in business analysis
PMI has responded to industry stakeholders to provide more support to address business analysis competencies in the industry. As is evident with the pilot of the PMI-PBA certification earlier this year and now the Business Analysis for Practitioners: A Practice Guide standard to address business analysis practices; PMI is providing the industry the tools needed to be successful with requirements on their programs and projects.
As we await this product launch, there will be a lot of great conversation about the Practice Guide at PMI® Global Congress 2014 later this month being held 26-28 October 2014 in Phoenix. In my next blog, I will discuss much of what is in store for conference attendees interested in learning more about business analysis and requirements.
Today, I wish to thank the group of very talented authors and reviewers who came together over the summer to produce this practice guide. It was a pleasure to work with such passionate professionals to develop this practical hands-on guide for the community. Special thanks to the Business Analysis for Practitioners: A Practice Guide writing team:
- Joy Beatty, CBAP
- Steve Blais
- Susan Burk, CSM
- Elizabeth Larson, PMP, CBAP, CSM
- Rich Larson, PMP, CBAP
…and the over 25 subject matter experts who helped perfect this Practice Guide.
Attending PMI® Global Congress 2014?
The Practice Guide team will be in attendance along with many other leading practitioners. See you soon!!
Laura Paton PMP, CBAP, CSM
Chair and Lead Author
Business Analysis for Practitioners: A Practice Guide