by Karl Wiegers | Oct 13, 2014 | Business Analysis |
We explore business requirements to gain a shared understanding of the business opportunity being created or exploited, the organization’s business objectives, success criteria, product vision, and project scope boundaries. Business requirements answer the question, “Why are we undertaking this project?” Some organizations use the term “business requirements” to refer to any requirements received from the business, but I’m specifically using that term to refer to the objectives the business has that led to launching a software project in the first place. The project manager has a strong interest in determining the business requirements. Perhaps the first question the project manager and the business analysis must assess for a proposed requirement is whether it’s in scope for the overall project. It’s impossible to make this judgment until the scope has been determined based on the business objectives. If a proposed requirement is out of scope, the PM and BA don’t need to think it about any more. (However, you don’t want to lose sight of the fact that someone once proposed that requirement, because it might come back into scope in the future.) If the requirement is in scope for the project, though, the PM will need to allocate it to a specific release or iteration. These sets of allocated requirements determine the scope for each planned iteration. If some new requirement request for a particular iteration comes along later, as it inevitably will, the PM must evaluate that requirement’s priority against the backlog of work already allocated to that iteration. Do you defer that new requirement to a later iteration, bump a lower priority allocated requirement to a later...
by Jenny Boronyak | Jun 9, 2014 | Business Analysis, Project Management, Uncategorized |
With the PMI’s recent release of the new Professional in Business Analysis (PBA) certification, business analysts (BAs) in the community are asking what is the difference between this new PMI-PBA and the IIBA’s existing Certified Business Analysis Professional (CBAP)? Also, if we’re looking into getting certified, which one should we go after? In their announcement to offer the new certification, the PMI quoted a statistic by the US Bureau of Labor Statistics that “business analysis jobs are predicted to increase 19 percent by 2022.” We agree that this is a good reason for more people to get certified in the field of business analysis. We’re looking at this new certification from the PMI as great news; business analysis as a profession needs to break through the lack of recognition and demand more respect from the global community so that we can all be more successful in our jobs. This certification is definitely a step in that direction. But before you go and sign up for the PMI-PBA pilot program, we recommend making sure it’s the right certification for you. After looking at the available literature, including the PMI-PBA Examination Content Outline (ECO), it is apparent that this particular certification is focused on a very specific area of business analysis, and is developed for a very specific subset of business analysts. According to the PMI’s literature on the new certification, “business analysis is a critical function that helps define business requirements in order to shape the output of projects and drive successful business outcomes. In order to ensure the quality of requirements and projects, it is crucial that individuals be...
by John Parker | Mar 31, 2014 | Business Analysis, Project Management, Uncategorized |
Simply put, cloud computing is computing based on the Internet. In the past, people ran applications on a physical computer or server in their building, cloud computing allows people access the same kinds of applications more easily and anywhere through the Internet. Cloud computing is growing rapidly because it just makes economic sense. So why are so many businesses moving to the cloud? It’s because cloud computing increases efficiency, helps improve cash flow and offers many more benefits. Let’s explore some of these benefit: Automatic software updates Many organizations that have implemented an on-premise ERP or CRM system know how painful it is to upgrade the software. With Cloud computing, updates are applied automatically — this is part of the basic service and often saves organizations millions of dollars per year. This frees up customers’ time that can be used on other important tasks. Flexibility The Cloud provides much more flexibility for increases and decreases in demand. For example, if a company needs more bandwidth than usual, maybe for some special promotion, a cloud-based service can instantly meet the demand because of the vast capacity of the services’ remote servers. In fact, this flexibility is so crucial that 65% of respondents to an InformationWeek survey said “the ability to quickly meet business demands” was an important reason to move to cloud computing. New users can be added or removed very easily adjusting to business demand as needed. Disaster recovery Disaster recovery is often much easier for cloud based services as this capability is a standard part of the service. Cloud computing providers take care of most issues, and they...
by John Parker | Mar 19, 2014 | Business Analysis, ITIL and Service Design, Project Management, Uncategorized |
Lately, Marketing has been purchasing a significant amount more of marketing-related technology and services using their own capital and expense budgets. Some of this purchasing is being done outside the control of the internal IT organization and some is being done in conjunction with IT. Gartner has made the bold prediction that by 2017, the CMO will spend more on IT than the CIO. Let’s look at some of the facts from the Gartner 2013 US Marketing Spend Survey: The average percentage of revenue spent on marketing is 10.4 % Digital Marketing represents 1/3 of Total Marketing Spend Up to Half of all Digital Marketing is Outsourced Search Marketing topped the CMO’s list of Outsourced Activities Over 40% claim that the keys to Marketing success are 1) Corporate Web Site, 2)Social Marketing, and 3)Digital Advertising Now, let’s look at some trends of why marketing is spending more and more on technology. First, we are living in the age of the customer. Customers now have real-time information about pricing, product features and competitors. As a result, they hold the advantages, and one of the few competitive advantages remaining for businesses is to concentrate on the knowledge of and engagement with customers. Josh Bernoff, a Forrester Research analyst stated in a recent report that companies must not only be customer focused, they must be customer obsessed, focusing their strategy, energy, and budget on processes that enhance knowledge of engagement with customers. Implementing a customer based strategy falls under marketing for most companies. For the last 10 years, many organizations focused on Customer Relationship Management (CRM). Now the focus is on marketing...
by John Parker | Mar 14, 2014 | Business Analysis, Project Management, Uncategorized |
Normally, trends and projections come out in December or January. These are a little late, but at least they still make the first quarter in 2014. Here are my predictions of key trends that we will see affect business analysis and project management in 2014. 1. Agile Continues to Grow – Agile adoption will continue to grow. This will mean many changes in terms of how requirements are developed and managed. Requirement “shall” statements will be replaced with user stories. The three C’s model of users stories: Card, Confirmation, and Conversations will continue to grow. PMs and BAs will continue to redefine their roles in the agile world of self-managing teams and product backlogs. 2. Managing Data not Documents – As agile adoption continues, the need for large paper based requirement documents will go away. Requirements will be managed as data in a backlog, not as long paper-based business requirement documents (BRDs) or Functional Requirement Specifications (FRS). 3. Dual-Track Agile Takes Off – Agile will be difficult and a cultural challenge for many organizations where there are multiple teams and resources are not collocated. “User story hell” will become a reality for many organizations as teams continue to spend more and more time grooming the backlog. Many organizations will adopt dual-track agile or some variant to better manage discovery activities. This will enable lower costs as requirements will be validated using less expensive methods than code. 4. More Emphasis on Business Change – The BABOK Version 3 will be released sometime in 2014. There are big changes coming to the role of business analysis. The focus will be much...
