This series provides valuable information for the product owner community to use additional good practices in their projects. In each installment in this series, we take one of the most commonly used visual models in agile and explain how to create one—and how to use one to help build, groom or elaborate your agile backlog. This edition looks at the business objectives model.
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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.
The success or failure of an organizational agility environment can come down to the decisions of one or two project teams. Unless those teams have the confidence to act decisively, the entire organization will suffer.
In a shift from traditional on-time and on-budget metrics, project managers increasingly collaborate with business analysts to measure business value as a key metric. Adopting a model based on feature analysis and determining feature business value sets the stage for results-driven, high-value project delivery.
Within tier 1, construction projects’ values are usually in the hundreds of millions of dollars. Based on experiences in the tier 1 environment, this is the first in a series of articles describing basic tier 1 requirements and the project manager’s responsibilities running a live construction project. The articles are particularly intended to provide real examples to young, up-and-coming hopefuls to the project manager role.
Successful portfolio management rests on complete confidence in the investment analysis and the underlying data it is based on. If business executives, portfolio managers and project teams don’t believe in the data, they won’t use the portfolio management system. Here are some data-gathering best practices to build that confidence.
In recent years, business intelligence solutions have become more important in many aspects of business. What can they do for project management?
All other things being equal, the better a project’s business case and requirements are analyzed and communicated, the better the overall outcomes. And business analysts, by job definition, are going to fulfill this responsibility better than project managers.
Many offshore projects are gripped by a gold-rush mentality, but the true cost-benefit implications of a foreign initiative are difficult to gauge, and the associated risks make it less attractive for smaller companies. A basic portfolio management approach can help in building the business case to go (or deciding not to go). Here are some important questions to consider.