Continuing to develop a failing project is a big challenge. Improving the environment and culture to ensure successful delivery requires integrating the bottom-up approach from a small task level with a top-down orientation of strategic management. Learn how to diagnose failure and implement useful techniques.
Project managers must ensure that projects are aligned with business strategy and value creation for their company and its shareholders. The author demonstrates the importance of the bridge between the business and project worlds, even when there is not a clear link between their objectives. But one objective always remains the same: to create economic value.
The evolving role of business analysis practitioners calls for an increased focus on visual modeling, communication, client collaboration and business value over documentation and project activities, according to a recent survey of senior executives.
How do we define the business analysis role? What are the competencies required? Are such individuals always called business analysts? Without having clarity on such topics, how will we ever expect an uptake of the business analysis profession? Enter the Business Analysis Ecosystem.
Are your solutions meeting business goals, needs and targets? This article sets out a tried-and-tested way of using enterprise architecture as a road map for the business analyst when liaising between stakeholders to understand the structure, policies and operations of an organization.
It’s an all-day BA Open House! Boost your business analysis knowledge while earning free PDUS with business analysis webinars, templates and more. Continue building upon what you learn today by registering for the free PMI Business Analysis Virtual Conference! Learn more about the Open House here!
Question: I know project managers are now going to be more involved in business analysis things, but that doesn’t mean I know how to do that part of the job yet. My manager asked me to narrow down a list of electronic tools to see what would be best for our corporate situation. How do I even start?
A.
Google “software tools for project management.” The product with the highest number of listings in your search page is the best one on the market. Recommend that one.
B.
Ask your local PMI chapter, Agile Alliance chapter or IIBA (International Institute of Business Analysis) chapter board what three products they would recommend. They may also have a list of the vendors that had booths or tables at their last local event.
C.
Software changes rapidly. Try to find the most recently developed software so that you don’t get stuck with outdated code. Always go with the old saying, “The latest created is the greatest created!”
D.
Your management team, with the help of the procurement staff, will probably make the final decision. Use a logical matrix of tool profiles to narrow down the field for what you need in your organization, and then turn the final decision over to them.
Shane Hastie, Chief Knowledge Engineer for Software Education, spoke with us about the ideas he presented in his recent video on business analysis. He tackled questions about how to get to the real problem, how to uncover the real requirements behind a change and how business analysts and project managers can have more successful relationships.
The increasing acceptance of portfolio management indicates that the application of knowledge, processes, skills, tools and techniques to select the right work at the right time may have significant impacts on program, project and business success. Focusing on IT portfolio management, the author shares a practical method and metric system for implementing portfolio management. All proposed methods can be easily extended for business portfolio management.