https://www.modernanalyst.com RSS feeds for Business Analyst Community & Resources | Modern Analyst 60 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2709/Organizational-Performance-at-Risk-as-Project-Managers-Are-Being-Shortchanged-By-Lack-of-Professional-Development.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2709 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2709&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2709/Organizational-Performance-at-Risk-as-Project-Managers-Are-Being-Shortchanged-By-Lack-of-Professional-Development.aspx New Study from ESI International Shows Organizations that Provide Training Have Higher Project Success    Arlington, VA– August 15, 2013–According to a new study released by ESI International, the world's leading projectmanagement training company, project managers are being trained in fewer skills compared to 2012—by as much as 20%. It was found, however, that organizations committed to applying training on the job and measuring its impact on job performance deliver projects on-time and to-budget more often than organizations without training adoption in place.   “The across-the-board decrease in project management training is a disturbing trend that organizations need to reverse,” said J. LeRoy Ward, PMP, PgMP, CSM, ESI Executive Vice President. “Not only is it detrimental to the professional development of project managers, it has a direct, negative effect on project execution, which impacts an organization’s bottom line and its ability to satisfy its customers.”   ESI’s latest annual benchmarking study, “The Global State of the PMO: An Analysis for 2013,” shows that having a project or program management office (PMO) tasked with training and learning sustainment, among other responsibilities, positively affects training levels and project outcomes. According to the study:   Methodology and Tools Training: In 2013, 62% of workers who report up to a PMO said they receive training in using methodology and tools. That is a decrease from 75% in 2012. Less than half (47%) of non-PMO managed workers received methodology and tool training in 2013, down from 68% in 2012.   Soft Skills Project Training: A very low 30% of PMO-managed workers said they receive soft skills training (e.g., leadership, critical thinking, team building) down from 41% in 2012. Only 22% of non-PMO managed workers received soft skills training in 2013, compared with 35% in 2012.   “While these training numbers reveal a decline in project-focused training, the survey underscores the importance of training and its direct correlation to project success,” said Ward. The study found that 56% of respondents who are part of PMOs that are active in measuring training impact and learning sustainment said more than 75% of projects were delivered on time, to budget, within scope and to customer expectations. That number plummets to 39% for those whose PMOs are not active in either.   The Global State of the PMO annual survey seeks to investigate the evolving role of the Project/Program Management Office (PMO) in training and development, its level of maturity and value for the overall business. This year’s survey also examined the role that Agile plays in the PMO. The survey was conducted from March to April 2013 with responses from over 2,300 project management professionals worldwide. Download a copy of The Global State of the PMO: An Analysis for 2013” URL: http://tinyurl.com/kegccka   # # #       About ESI International ESI, a subsidiary of Informa plc (LSE:INF), is a global project-focused training company helping people around the world improve the way they manage projects, contracts, requirements and vendors through innovative training in project management, business analysis and contract management. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.     dtjorg Thu, 15 Aug 2013 14:31:00 GMT f1397696-738c-4295-afcd-943feb885714:2709 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2493/User-Stories-and-Use-Cases-Should-be-Combined-in-Agile-Requirements-Gathering-says-ESI-International.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2493 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2493&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2493/User-Stories-and-Use-Cases-Should-be-Combined-in-Agile-Requirements-Gathering-says-ESI-International.aspx   New Paper Outlines Best Practice Method For Utilizing Both Methodologies   ARLINGTON, VA, USA – ESI International, the world's leading project management training company, today announced the release of a new paper titled, “Developing Effective Agile Requirements Relies on Both User Stories and Use Cases.” ESI’s continued focus is on meeting the needs of agile practitioners worldwide, and the paper outlines how to leverage use cases with user stories to develop effective Agile requirements.   With a goal of providing knowledge and techniques to those who are tasked with gathering project requirements—the key building blocks of successful projects—the paper describes how to utilize use cases within an Agile project and defines clear opportunities to use both elicitation methods to gather the best requirements possible. Most often used in Waterfall projects, use cases are diagrams that demonstrate the actors and their goals. Classically used within Agile projects, user stories are short scenarios that the business user/stakeholder “tells” to concentrate on features that users value and interact with directly.   “Many shy away from utilizing use cases toward gathering requirements within an Agile project because the term ‘use cases’ is associated with the Waterfall methodology,” said Nancy Y. Nee, ESI VP of Global Product Strategy. “We believe that this is short sighted, however. With an end goal of identifying needs and translating them into requirements, we believe that both techniques can be used to get to the best business solution.”   “As companies evaluate Agile methods and begin to take steps toward managing projects in an Agile fashion, we believe that best practices can be found by utilizing pieces of the Waterfall methodology combined with Agile principles, particularly as they relates to requirements gathering,” said Nee. “While there are no prescribed guidelines on when to employ use cases or user stories, Agile practitioners would be wise to assess the benefits of each to ensure that product backlog—the list of requirements—is prioritized appropriately and that customer needs are clearly understood and met.”   Click to download Developing Effective Agile Requirements Relies on Both User Stories and Use Cases.   The release of the paper coincides with the scheduling of ESI’s eight course Agile Practitioner curriculum. You can find information about our Agile Practitioner curriculum here.     # # #     About ESI International ESI, a subsidiary of Informa plc (LSE:INF), is a global project-focused training company, helping people around the world improve the way they manage projects, contracts, requirements and vendors through innovative training in project management, business analysis and contract management. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.       dtjorg Tue, 05 Feb 2013 14:25:00 GMT f1397696-738c-4295-afcd-943feb885714:2493 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2469/ESI-International-Releases-Top-10-Trends-in-Business-Analysis.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2469 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2469&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2469/ESI-International-Releases-Top-10-Trends-in-Business-Analysis.aspx   Requirements at all levels impact the delivery of business value     Arlington, VA – January 8, 2013 - ESI International, the world's leading project management training company, today announced the release of its top 10 trends in business analysis for 2013. This year’s trends highlight the importance of business analysts, as they are asked to take on broader roles within projects.   “Business architecture projects and the broader acceptance of Agile methods are forcing business analysts to take on broader project responsibilities,” said Nancy Y. Nee, Vice President, Global Project Strategy, ESI International. “With that in mind, we think that 2013 may mark the year when the role of the BA gets called up into the big leagues.”   ESI’s top 10 trends for business analysis include: 1.      The roles of the business analyst and product owner will be solidified and respected 2.      Strong user stories will be the force driving effective requirements analysis and product backlog prioritization 3.      Forget consensus, in 2013 it’s all about collaboration and convergence 4.      BAs will become the new PMs through Agile 5.      BAs will be seen as the keystone to adopting Agile 6.      The U.S. federal government will slowly recognize the value of business analysis as it moves more toward an Agile environment 7.      Strategic enterprise analysis will become the foundation of business architecture 8.      BA Centers of Excellence will focus on proving their worth and driving innovation 9.      Modeling skills take precedence in business analysis training 10. Communicating “up” will become critical to articulating requirements’ impact on a deliverable   “In 2013, business analysts will sharpen their business acumen and become responsible for communicating messages up and across an organization,” said Nee. “They will not only be responsible for the classic “hard” skills, but also, as Agile is more widely adopted, they will need new, soft skills to partner more effectively with product owners, stakeholders and other members of the Agile team.”   ESI’s top 10 trends in business analysis is put together annually by ESI senior executives and subject matter experts.   In conjunction with the release of the trends, ESI has released a top 10 trends in business analysis video. The video offers a discussion of the trends, including original insight and information about the trends and their impact on projects.     # # #     About ESI International ESI, a subsidiary of Informa plc (LSE:INF), is a global project-focused training company, helping people around the world improve the way they manage projects, contracts, requirements and vendors through innovative training in project management, business analysis and contract management. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.   dtjorg Tue, 08 Jan 2013 17:48:00 GMT f1397696-738c-4295-afcd-943feb885714:2469 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2391/ESI-International-Releases-New-Agile-Knowledge-and-Practice-Assessment.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2391 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2391&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2391/ESI-International-Releases-New-Agile-Knowledge-and-Practice-Assessment.aspx Arlington, VA – Oct. 18, 2012 – ESI International, the world’s leading project management training company, today announced the release of a new Agile-specific assessment designed to allow organizations to benchmark their current Agile knowledge and behaviors against the capabilities that enable successful execution of Agile projects.   “The assessment will allow organizations to clearly identify potential skill gaps as it relates to Agile,” says ESI Practice Manager Matthew J. Ferguson, CSM. “Assessment results will enable training and PMO leaders to focus learning investments toward areas that can directly enhance the skills and competencies of their Agile practitioners.”   Available as a stand-alone offering or combined with ESI’s Agile Practitioner curriculum, the Agile Knowledge and Practice Assessment includes 64 questions that address three dimensions of Agile project manager performance:   ·         Knowledge-based questions: Does the individual understand the key Agile tenants ·         Behavior-based questions: To what degree are Agile practices being performed ·         Empowerment and support focused questions: Understanding the work environment and how to enhance it for peak Agile performance The assessment can be customized to meet specific client needs.    “Not only does this assessment highlight skill gaps,” says Ferguson, “but also, it illustrates areas where practitioners are failing to apply conceptual knowledge on the job. Further, the assessment highlights how knowledge gaps present themselves across different roles, allowing organizations to make smarter training investments.”   Click here for more information about ESI’s new Agile Knowledge and Practice Assessment. Find information about ESI’s Agile Practitioner Curriculum here.    # # #     About ESI International ESI, a subsidiary of Informa plc (LSE:INF), is a global project-focused training company, helping people around the world improve the way they manage projects, contracts, requirements and vendors through innovative training in project management, business analysis and contract management. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.     dtjorg Thu, 18 Oct 2012 20:23:00 GMT f1397696-738c-4295-afcd-943feb885714:2391 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2364/ESI-International-Report-Addresses-Problem-Plaguing-Organizations-The-Inability-to-Execute.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2364 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2364&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2364/ESI-International-Report-Addresses-Problem-Plaguing-Organizations-The-Inability-to-Execute.aspx Report discusses how to work toward resolving the issue of failed project execution   Arlington, VA - September 18, 2012--ESI International, the world's leading project management training company, today announced the release of a report titled, “Powerless: Why Businesses Can’t Execute.”   The report explains how the gap between strategy and execution continues to widen due to constrained resources, demographic shifts and regulatory expansion, as well as offers guidance on how to best focus resources for maximized business performance.   “As a growing portion of the workforce approach retirement age, many companies are now coming face-to-face with the reality that a substantial amount of institutional knowledge may be preparing to walk out the door,” said Mark Bashrum, ESI’s Vice President and author of the report. “Experience cannot be replaced, but it can be leveraged when an organization commits to a culture of execution,” said Bashrum.   The report shares best practices on how to focus organizational capabilities on those people who shoulder the bulk of responsibility for converting strategy to execution. The report features a study of over 5,500 project professionals and shows a direct correlation between learning effectiveness and project performance. It asserts that developing the capabilities of those teams responsible for building enabling systems, developing new products, and launching new markets offers the highest rate of return on human capital development dollars. To download the report, visit http://www.esi-intl.com/resources/industry-research/viewpoints/powerless-why-businesses-cannot-execute   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), is a global project-focused training company, helping people around the world improve the way they manage projects, contracts, requirements and vendors through innovative training in project management, business analysis and contract management. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.     dtjorg Tue, 18 Sep 2012 19:38:00 GMT f1397696-738c-4295-afcd-943feb885714:2364 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2361/ESI-International-Acquires-Agile-Project-Management-Training-Portfolio.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2361 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2361&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2361/ESI-International-Acquires-Agile-Project-Management-Training-Portfolio.aspx ESI International, the world's leading project management training company, today announced the acquisition of a comprehensive library of Agile project management/development content from Agile Transformation, Inc., Omaha, Nebraska. The terms of the acquisition were not disclosed. The content, one of the most comprehensive in the industry, will be offered to ESI’s global clients in the form of seven course modules, all of which are available immediately, including: Delivering Agile Projects with Scrum Developing Agile Requirements Estimating and Planning Agile Projects PMI-ACP® Preparation Exam Agile Overview for Executives and Leaders Agile Practices for Product Owners Project Portfolio Management Using Agile  “While Agile development and project management have been around over 10 years, the Agile approach, especially using the Scrum method, has gained momentum and is being recognized as a legitimate and sound way to manage certain projects that could otherwise struggle to be successful,” said ESI VP, Global Product Strategy, and Agile expert, Nancy Y. Nee. “We believe that the Agile framework holds great promise for organizations that need to get products to market more quickly, reduce quality defects and increase customer satisfaction. In fact, the Project Management Institute has reported that the PMI-ACP certification had the largest pilot participation of any of its certification offerings.” “Scrum, a popular methodology to implement the tenets of Agile, is widely used within the IT community, specifically within software development projects,” said ESI Executive Vice President, J. LeRoy Ward. “However, Scrum techniques can also be utilized for non-IT projects as well, which makes it the most versatile of the Agile methods being used today.” “Agile Transformations is proud to partner with and enable an industry leader like ESI International,” said Sally Elatta, President, Agile Transformation, Inc. “We believe that ESI’s new Agile offerings will enable corporations, government agencies and individuals around the world to successfully incorporate Agile methods into the fabric of their projects and cultures. This will transform how they work and how they deliver predictable value to their customers.” In addition to the course modules, ESI will continue to offer its proprietary assessments, which help clients gauge their organizational readiness for change, and determine which projects are the best candidates for an Agile approach. ESI will also continue to offer its coaching services to accelerate the introduction of Agile into its clients’ practices.   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative project management training, business analysis training and contract management training. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, VA, USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com. About Agile Transformation Inc. Agile Transformation Inc. is a company passionate about transforming teams and organizations to succeeding with Agile methods through comprehensive offerings. Their clients range from Fortune 50 and Fortune 500 to several midsize companies and government institutions within the US and internationally. The president Sally Elatta is the Agile Expert for PMI's Learning and Education Community of Practice, thought leader and practitioner within the Agile space.     dtjorg Thu, 13 Sep 2012 15:45:00 GMT f1397696-738c-4295-afcd-943feb885714:2361 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2330/ESI-International-Report-Warns-Government-Agencies-That-Weak-Requirements-Lead-to-Failed-Projects.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2330 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2330&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2330/ESI-International-Report-Warns-Government-Agencies-That-Weak-Requirements-Lead-to-Failed-Projects.aspx ARLINGTON, VA, USA – ESI International, the world's leading project management training company, today announced the release of a new research report titled “Strengthening Government’s Weakest Link: 5 Steps to Better Requirements Management.” The report explains the importance of identifying, agreeing upon and validating project requirements with stakeholders to eliminate over spending, wasted time and overall project failure.   In a recent survey of project managers and contracting officers, ESI found that 80% lacked a formalized requirements management and development (RMD) process, 95% do not formally recognize a role accountable for RMD, and 95% lacked tools to carry out RMD activities effectively.   “Government executives have a tough time making sure that project requirements are correctly developed and managed,” said ESI VP of Government Markets, Bill Damaré. “Now, amid shrinking budgets and growing demand for better government services, the impact poor requirements management can have on the entire project management lifecycle is more dramatic and visible than ever.”   In addition to discussing why agencies struggle with defining and meeting requirements, the report offers a five step process for RMD including:   Understanding solution objectives Having a plan Getting requirements Analyzing requirements Validating requirements   “Today’s economic and political climate won’t allow government leaders to put up with long, drawn out projects or failed projects due to unclear or non-existent requirements,” said Damaré. “The agencies that focus on establishing and executing sound RMD will consistently realize better project results.” Download the Better Requirements Management Report.or go to http://image.esi-intl.com/Web/ESIInternational/LG12JUN25BRALL-Gov%20Blame%20Game%20POV2.pdf . About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative project management training, business analysis training and contract management training. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, VA, USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.   # # #     dtjorg Wed, 15 Aug 2012 12:47:00 GMT f1397696-738c-4295-afcd-943feb885714:2330 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2137/ESI-Announces-Top-10-Requirements-Management-Development-Trends-for-2012-Increasing-Needs-of-Organizations-Drive-Business-Analysts-to-Adopt-a-3-D-Perspective.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2137 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2137&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2137/ESI-Announces-Top-10-Requirements-Management-Development-Trends-for-2012-Increasing-Needs-of-Organizations-Drive-Business-Analysts-to-Adopt-a-3-D-Perspective.aspx   ARLINGTON, VA, USA– Jan. 18, 2012– To achieve organizational goals in the challenging economic environment of 2012, effective requirements management and development (RMD) – also known as business analysis – will demand a broader perspective in order to drive full business impact. Business analysts will need to take a three-dimensional approach to fully capture requirements, which organizations recognize as the foundation of successful project and contract delivery. This theme underlies the 2012 Top 10 trends for RMD, which were determined by a global panel of ESI International senior executives and subject matter experts.   1.      Demand for greater organizational efficiency will increase demand for business architecture, business rules and business process experts  Unrelenting economic and financial pressures perpetuate this trend from 2011 as organizations are realizing that it’s all about business efficiencies and not necessarily technology. Organizations will first look inward to make improvements before making more technology investment outlays. Organizations will again rely on business analysis to examine business architecture, rules and processes that will enable these internal improvements in efficiencies.   2.      Federal, state and local government agencies will invest seriously in the role of business analysis Government agencies have finally seen the light that poor articulation of requirements is at the root of many of their functional ills. Taxpayers demanding “more bang for their buck” will have all levels of government seeking better RMD to fulfill their missions. Calls for agencies to be more efficient in serving the public, more collaborative working across agencies, and more accountable for ensuring that procurements are delivering what they are supposed to will make business analysis indispensible to their success.   3.      Agile methods will continue to gain traction Agile practices show no signs of letting up in their dominance as the leading framework on which to base quality deliverables. Business analysts (BAs) and project managers will struggle to fit their title into the Agile space, but will need to realize quickly that it is not about them—it’s about the end state.   4.      Emergence of a hybrid role of project manager and business analyst The drive to create greater organizational efficiencies will spur the global emergence of a project role that mixes the project manager and the business analyst. This evolution is inevitable as organizations will increasingly question whether they can afford to fund multiple resources working toward the same end goal. The widespread adoption of Agile practices (see Trend 3) that break down titled positions will further drive this trend.   5.      Business analysts will enhance skills to make their business case to stakeholders Far too many talented BAs have been missing the mark in their interactions with stakeholders and it’s time they polished their delivery. In 2012, BAs will need to step up their game, not only in presentation and communication skills, but being proactive in articulating the value of the projects they propose in order to make effective business cases to stakeholders. Optimally, BAs should take on almost a leadership role that will force them to increase their level of interaction as well as the level of people with whom they interact to really sell the benefits of the product—and the contribution of business analysis—to the organization.    6.      BAs will need to measure results to prove results This trend continues in 2012 as BAs will be under enormous pressure to quantify their work. Unless they apply their skills in elicitation and requirements management—graphical modeling, cost estimates, risk analysis and other measurements—they and, ultimately, the organization will not be able to quantify the BA’s impact on the business.   7.      Centers of excellence will continue to spread The resurgence of centers of excellence predicted for 2011 is continuing to proliferate in 2012 as organizations look to a centralized and focused group of specialized individuals to manage very complex enterprise-wide engagements.  We will see even more articles and white papers on the subject and growth in these centers as organizations focus on business architecture, business rules and processes to drive improvements (see Trend 1).   8.      BPOs to invest in the development of their business analysis practices Recognizing the opportunity to improve project outcomes and mitigate risks with better requirements while selling value added services, business process organizations (BPOs) will increase their investment in developing business analysis capabilities. India will emerge as the shining star of this trend through their global customer reach. Bonus trend: More business analysis certifications will come out of this country than any other in the world.   9.      Rise of tablet tools for business analysts BAs will put the awesome visual power, functionality and portability of tablet tools to work in their practice, particularly in client interactions. This will prove to be a sweet spot for software vendors as demand increases for analysis tools, educational tools, modeling, mapping and other applications we didn’t even know we needed.   10. IIBA Building Business Capability conference will gain prominence for professional development The International Institute of Business Analysis (IIBA®)BBC conference will double in attendee size and attract more delegates from all over the world as the business analysis discipline continues to mature, define specialized niches of practice and gain recognition among practitioners’ organizations. The advancement of the BA profession will elevate the BBC conference to a position of prominence among all project management events. .   “Business analysts are dealing with a Rubik’s Cube of variables as they consider tasks, responsibilities, stakeholders and other factors in the requirements mix,” said Glenn R. Brûlé, CBAP, Executive Director of Global Client Solutions, ESI. “The increasing demands and expectations for RMD in 2012 require business analysts to shift to a new way of thinking. In order to recognize and accommodate the endless permutations for managing requirements effectively, BAs will need to discard narrow viewpoints and approach their work from a 3-D perspective.”   For more information and resources on the key trends that will impact project management and business analysis in 2012, visit www.esi-intl.com/trends   # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative project management training, business analysis training and contract management training. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.     dtjorg Wed, 18 Jan 2012 15:14:00 GMT f1397696-738c-4295-afcd-943feb885714:2137 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2113/Global-Study-Shows-Organizations-Missing-Key-Internal-Competencies-That-Enhance-Productivity-and-Profitability.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2113 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2113&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2113/Global-Study-Shows-Organizations-Missing-Key-Internal-Competencies-That-Enhance-Productivity-and-Profitability.aspx Organizational objectives disconnected from those responsible for execution   ARLINGTON, VA, USA– Dec. 19, 2011–ESI International, the world's leading project management training company, today announced the findings of a new global study conducted to examine the state of business analysis (BA), a core discipline for translating project objectives into actionable project requirements and deliverables. The study was conducted among both public and private organizations worldwide in September.   “The disconnect between those who ultimately sponsor projects and those who execute them was frankly a bit shocking” said Mark Bashrum, Vice President for Corporate Marketing and Strategic Intelligence at ESI. “We were surprised to see how seldom business analysts linked key project success criteria to broader organizational goals.”   When business analysts were asked what they thought were the organization’s key project success criteria only 22 percent listed “Organizational Profit Impact” in the top three most important and only 8 percent listed it as the most important criteria in determining project success. The top three responses, were “customer satisfaction”, “on-time completion” and “on-budget completion” (of the project), clearly indicating a focus on project execution over business impact.   “It’s understandable that business analysts are focused on the tactical execution of their projects, however, it’s a bit disappointing that they fail to take the next step and link their project outcomes to obvious organizational goals such as revenue growth or cost reduction,” said Bashrum.   These findings strongly indicate that people are missing the big picture in terms of what their overall BA objectives should be, and as a result, organizations are not realizing BA’s full potential in terms of improving efficiencies that increase productivity and profitability, especially important in the current challenging economy.   Additionally, key findings show that immaturity in BA organizations may represent an unrecognized deficiency in many of the surveyed organizations. The study, which tracked project outcomes against core BA activities, years of professional experience, BA certifications and a variety of other factors revealed that nearly half of BA practitioners had five or fewer years of experience in the field and that very few respondents possessed any type of BA certification.   “Business analysis is obviously recognized as a driver of project success, but organizations and business analysts themselves need to raise the bar in terms of their expectations in order to get the most out of the discipline,” said Glenn R. Brûlé, CBAP, Executive Director of Global Client Solutions, ESI. “This study indicates a relatively high level of satisfaction with BA performance and results, but business analysts have barely scratched the surface providing the enterprise level activities of which they’re capable, and from which organizations will benefit most.”   To download the full study, "Why Good Isn’t Good Enough: The Global State of Business Analysis", please visit: www.esi-intl.com/BAsurvey     # # # Survey Methodology In September 2011, ESI International sent an email survey of 24 close-ended questions to organizational professionals from the executive to project level who are responsible for project activities in public and private organizations in the Americas, EMEA and Asia/Pacific regions.    1,632 respondents participated in the survey, but not all respondents answered every survey question. The survey was anonymous unless respondents wanted to receive the results, in which case they had to complete their details.   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com   dtjorg Mon, 19 Dec 2011 15:02:00 GMT f1397696-738c-4295-afcd-943feb885714:2113 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2027/ESI-International-Announces-Internal-Organizational-Restructuring-for-the-Americas.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=2027 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=2027&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/2027/ESI-International-Announces-Internal-Organizational-Restructuring-for-the-Americas.aspx ESI International Announces Internal Organizational Restructuring for the Americas; New Decentralized Approach to Increase Focus on Highly Customized Client Solutions and Product and Service Innovation ARLINGTON, VA USA – Sept. 28, 2011 – ESI International, the world’s leading project management learning company, today announced a transformative internal organizational restructuring in the Americas, moving from a centralized operating structure to a decentralized, cross functional team-focused structure in the Canada, U.S. and South America offices. In addition, ESI will be launching several new initiatives to take advantage of market developments and is creating a number of new leadership positions across the business. The realignment is in response to an increasingly divergent customer base, a need for faster decision making to meet the rapidly evolving and unique needs of those customers, a demand for more agile and customized learning solutions and an increasing need for dedicated internal and external resources applied to innovation and research and development. “The reality is that the needs of our customers have evolved. Across markets, our client solutions are increasingly complex and highly customized in an environment that demands more technology-inspired capabilities,” said John Elsey, ESI’s President and CEO. “Our new approach will include decentralizing ESI departments to form more agile, cross-functional teams that can delve deeply into customer’s issues, offer more complete needs assessments and offer unique and tailored learning and development products and services.” Additionally, under the new structure, ESI will: Form dedicated but separate ESI Commercial and ESI Government business units. Each unit will comprise collaborative, team-oriented sales, marketing, subject matter experts and instructional designers in order to more quickly assess and offer unique, tailored solutions required by their customers. Launch a new Research and Development division to accelerate new products and services through dedicated resources allocated to market research, real time feedback from customers (buyers & students) and instructors, critical business intelligence gathering, and better market definition for product and corporate strategy that is aligned with the various markets and clients that ESI serves. Form a new Office of Human Capital Management (HCM), whose mission is to attract, develop and retain a new breed of entrepreneurial, business-minded, client-focused team members. The cornerstone of HCM activities will be the launch of ESI University, a comprehensive interdisciplinary internal learning and development program designed to enhance core skills, ESI product and service knowledge, financial and business acumen and leadership development for ESI employees and instructors. “We are practicing what we preach, which is to invest in our employees,” said Elsey about ESI University. “This restructuring recognizes that our corporate objectives intersect with ESI employee professional career aspirations. By establishing performance management metrics and career path opportunities at ESI, we will continue to develop highly trained people who are better equipped to anticipate customer needs and truly become a broker of learning and development capabilities.” He added, “The new alignment strengthens the organization by reducing redundant layers in management, increases accountability, streamlines support functions, delivers savings to the bottom line, focuses on innovation with dedicated resources to R&D, invests smartly in our people and positions the company for continued prosperity, growth and success.” About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.   dtjorg Wed, 28 Sep 2011 18:24:00 GMT f1397696-738c-4295-afcd-943feb885714:2027 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1997/Global-Study-Shows-Innovation-in-Learning-Drives-Workforce-Productivity.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1997 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1997&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1997/Global-Study-Shows-Innovation-in-Learning-Drives-Workforce-Productivity.aspx   Organizations Expect More Productivity Though Training Budgets Stagnate   Arlington, Va USA – Sept. 8, 2011 – ESI International, the world’s leading project management learning company, today announced the findings of a new global learning study conducted to assess the direction of training and performance improvement programs for 2011 and beyond. The survey was conducted among industry professionals from the commercial and government sectors, worldwide.   The findings confirm that three years of global economic stress have pushed organizations to maximize employee productivity, and to make strategic decisions on cutting spending in a way that does not compromise future growth as budgets tighten.   As a result, organizations are turning to targeted and innovative learning programs through technology to help support the achievement of organizational priorities, maximize resources and enhance workforce effectiveness.   The ESI Learning Trends survey results validate that innovation and flexibility in learning content and delivery, when combined with a results-oriented approach, are critical to learning success in 2011-2012. Training programs must evolve and adapt accordingly in order to stay targeted, relevant, measureable, and engage the learner in non-traditional ways. At the same time, they must instill learners with a set of critical thinking and leadership skills necessary to move the entire organization forward.   “With stagnant learning and development budgets, organizations are compelled to work their learning programs harder, by making them more results-oriented, as well as more flexible and relevant by providing the right information as and when needed to enable employees to perform effectively,” said Laurie Keyser Brunner, Senior Vice President of Global Client Services, ESI. “Nurturing leadership skill is also a vital component and a growing priority for organizations in empowering their workforce to identify organizational priorities and design appropriate responses within a business context.”   To download the full 2011 ESI Learning Trends Report, please visit: www.esi-intl.com/en/Resources/Industry-Reports/Viewpoints.aspx.   Survey Methodology   ESI conducted the online survey in early 2011, inviting learning and development professionals from around the world to participate. The response rate was approximately 11 percent. Not all respondents answered every question. Respondents represented a wide range of industries including financial services, energy, aerospace, healthcare, construction IT, telecom and government. The survey was anonymous unless respondents wanted to receive the results, in which case they were asked to provide their details. # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.       dtjorg Fri, 09 Sep 2011 13:18:00 GMT f1397696-738c-4295-afcd-943feb885714:1997 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1893/ESI-Announces-CBAP-Exam-Prep-Suite-Comprehensive-Set-of-Prep-Tools-BAs-Need-to-Prepare-to-Pass.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1893 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1893&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1893/ESI-Announces-CBAP-Exam-Prep-Suite-Comprehensive-Set-of-Prep-Tools-BAs-Need-to-Prepare-to-Pass.aspx ARLINGTON, Va. USA – June 13, 2011– A comprehensive suite of preparation tools for Business Analysts planning to take the Certified Business Analysis Professional™ (CBAP®) exam is now available from ESI International. It includes the e-learning course: “CBAP® Exam Preparation”; a webinar: “Disarming the CBAP® Jitters - Expert Tips for Exam Preparation”; “CBAP® Conversations Podcast”: a discussion of the application process and tips on studying; Business Analysis Terms: A Working Glossary, 1st Edition”: a reference resource of business analysis language; and “The CBAP® Exam: Practice Test and Study Guide, Second Edition”: an essential study guide. As an International Institute of Business Analysis (IIBA®) Endorsed Education Provider (EEP™), CBAP® candidates can rest assured, knowing that all ESI BA materials and courses map to the IIBA® Guide to the Business Analysis Body of Knowledge® (BABOK®).   ESI’s CBAP® Exam prep tools suite includes: ·         The CBAP® Exam: Practice Test and Study Guide, 2nd Edition: a comprehensive and practical guide for candidates’ preparation for every facet of the exam, including topic areas, practice questions and online memorization drills. The guide is written by Glenn R. Brûlé, CSM, CBAP®, Executive Director of Global Client Solutions, ESI and a founding member IIBA® and former Vice President of Chapters. ·         CBAP® Exam Preparation: a fundamental online course designed to ensure success in passing the Certified Business Analysis Professional™ exam the first time it is taken. ·         Disarming the CBAP® Jitters - Expert Tips for Exam Preparation:  a webinar that facilitates the application process, teaches what to study and identifies test-taking tips.   “Earning the CBAP® certification is the ultimate demonstration of your professional experience and knowledge and affirms your experience and knowledge to current and future employers as well as your colleagues,” said Brûlé. “Nevertheless, preparing for the 150-question exam requires structure in your preparation approach and efficient, effective use of your time. Our suite of tools includes everything you need to prepare, and pass, the exam.”   To download ESI’s free CBAP® prep tools, register for a class or purchase a book, visit:  www.esi-intl.com/CBAPPrep or call +1.703.558.3090 between 7:00 a.m. and 5:00 p.m., Eastern Time, Monday through Friday. The practice test and study guide is also available from Amazon.   # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.    dtjorg Mon, 13 Jun 2011 19:53:00 GMT f1397696-738c-4295-afcd-943feb885714:1893 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1697/Faster-Business-Pace-Demands-Better-BA-Skill-Balance-ESI-Announces-Top-10-Requirements-Management-Development-Trends-for-2011.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1697 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1697&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1697/Faster-Business-Pace-Demands-Better-BA-Skill-Balance-ESI-Announces-Top-10-Requirements-Management-Development-Trends-for-2011.aspx ARLINGTON, Va. USA – Jan. 17, 2010 – To achieve organizational goals within the fast paced, highly demanding business environment of 2011, requirements management and development (RMD) – also known as business analysis – a better balance between technical and soft skills will separate the leaders from the rest of the pack. This theme is reflected throughout the 2011 Top 10 trends for RMD, which were determined by a global panel of ESI International senior executives and consultants, and were announced today.   Business architecture will be the primary focus for business analysts In 2011, the business analyst will place primary focus on business architecture. The BA’s critical thinking ability and unique skills set combination will be relied on to examine the complex, inner workings of the organization through an enterprise-wide lens, not just isolated view points. In particular, enterprise-wide policies, rules and processes will be the focus as organizations strive to remain competitive, increase efficiencies and improve the quality of their goods and services, in order to better appeal to today’s financially sensitive marketplace.   Business analysis will guide the surge in cloud computing 2010 was the proving ground for cloud computing as organizations asked, “Is it worth it?” While a small percentage of organizations said yes, in 2011 we’ll see a significant increase in the implementation of cloud-based computing solutions as the benefits of lower costs of ownership outweigh the uncertainties around access and security. To help ensure smooth transitions to the cloud, organizations will look to business analysis to provide the needed insights from a business architecture perspective.   Requirements management and development will lead in delivering smart business perspective RMD will lead the reassessment and reevaluation of performance as organizations push hard to improve operational efficiencies. By helping to structure and guide a disciplined, yet flexible approach to meticulous business analysis, RMD will ensure organizations realize the full benefits of key initiatives such as the development of a cloud-based computing infrastructure.   BPMN will solidify its reputations as the industry standard Business process modeling notation (BPMN) will continue to earn recognition and stature as the industry standard by which organizations model their business architecture. This structured, disciplined approach’s syntax and language will be appreciated for its clarity by both technical and business stakeholders.   Agile success will go to those willing to break with tradition As the use of Agile methods – especially Scrum – continues to explode, the organizations that realize the greatest success will be those that acknowledge the skill sets of both business analysts and project managers, but not in a hierarchal pecking order.   BAs will be recognized as critical to change management to avoid troubled projects. From their enterprise-wide vantage point, business analysts will be relied upon to help executives better understand the impact that change will have on the organization and to help minimize negative impact that results from change. BAs who don’t focus on change management process and managers who ignore BA insights will continue to see more than their fair share of troubled projects.   Resurgence of Centers of Excellence With breathing room from a slightly improved global economic outlook, many organizations are working toward greater internal organization. For RMD this will mean a resurgence of centers of excellence and more resources devoted to the evolution of communities of practice to better meet the demands of increased organizational performance.   Requirements management and development will be essential to regaining market share Over the last three years, many organizations saw a loss of market share as their customers spent less and spent it elsewhere. To accelerate their ability to recapture lost market share, organizations will look to RMD to chart the course for deconstructing and reconstituting the organization – through process modeling, data modeling, measurement and more.   Requirements management and development will continue to struggle to define itself The business analysis profession will continue to gain well-deserved recognition as RMD fosters greater efficiencies and processes across the organization. However, the improvements and innovation it drives that enable new insights and voices will dwarf the BA’s place at the table, leaving the still-maturing RMD role grappling with defining itself. This will be in great contrast to RMD’s expanding criticality in new frameworks such as Agile and cloud computing.   Requirements management and development will require better balanced competencies The reputation of RMD professionals for soft skills like elicitation and communication has overshadowed their capacity for complex technical skills. Business analysts will step up their game with increased focus on graphical modeling, cost estimates, risk analysis and other measurements that quantifiably prove RMD’s value to the organization.   “Over the next year, market opportunities and rapid technological developments will result in greater demand from organizations for the specialized skill sets of requirements management and development professionals,” said Glenn R. Brûlé, CBAP, Executive Director of Global Client Solutions, ESI. “For business analysts, slow and steady will win the race as they bring their output into a better balance between soft and technical business analysis skills to demonstrate their true value to the organization.”   # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than one million professionals worldwide. For more information visit www.esi-intl.com.   Media Contact: J. Scott Punk, APR       +1.703.558.3183 +44.(0)20.7071.5243                  jspunk@esi-intl.com   dtjorg Tue, 18 Jan 2011 14:59:00 GMT f1397696-738c-4295-afcd-943feb885714:1697 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1437/New-Global-Study-Shows-Requirements-Gaps-in-Managing-Risk-of-Outsourced-Projects.aspx#Comments 1 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1437 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1437&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1437/New-Global-Study-Shows-Requirements-Gaps-in-Managing-Risk-of-Outsourced-Projects.aspx ARLINGTON, Va. USA (July 15, 2010) – Results of a new global study reveal the concerns, effectiveness and best practices in risk management by organizations that outsource projects. Of the 95 percent of organizations that buy, provide or both buy and provide outsourced services and functions, fewer than half are able to effectively manage risk of outsourced projects.  Managing product or service quality is the top outsourcing risk to organizations, identified by 70 percent of survey respondents. Survey respondents included contractor managers, subcontractor buyers, project managers, senior executives, and key decision makers in outsourcing from a wide range of industries and government in North and South America, UK/Europe, Asia/Pacific, the Middle East and India. The study was conducted by ESI International. “The ubiquity of project outsourcing creates opportunities for, and demands on, organizations to better develop and refine their outsourcing competencies,” said J. LeRoy Ward, PMP, PgMP, Executive Vice President, Product Strategy and Management, ESI International. “The results of ESI’s global survey indicate areas for greater performance, productivity and competitive advantages through better risk management.”   Lack of Foundational Skills and Processes With nearly two-thirds of organizations spending up to half of their budgets on outsourcing, there is a need to refine risk management capabilities in order to positively impact bottom line performance. Nineteen percent said their organization is not very effective at risk assessment of outsourced projects and 36 percent said it is only somewhat effective. Thirty-five percent said their organization is effective, and only six percent said they are extremely effective at risk assessment. Twenty-one percent said their organization is not very effective at risk management, 33 percent said they are only somewhat effective, 37 percent said they are effective and, again, only six percent said they are extremely effective. Only 39 percent of respondents said that their organization has a strong risk management culture.   Requirements Gaps in Outsourced Projects Organizations indicate shortfalls effectively using requirements management and development, a critical area for managing outsourcing risk.  Seventy-five percent of organizations do not always clearly define requirements of outsourced projects, which serve as the foundation of successful project management. Only one-third of organizations always clearly articulate and define financial goals to outsourcing partners. Nearly one-third (32%) of respondents disagreed that their organization continually evaluates outsourced projects in relation to their original goals and objectives. Focus on Vendor Management and Contract Management Greater focus on ensuring vendor performance and contract outcomes indicates that risk management competency in these areas may be a key differentiator among outsourcing partners. Of the top risks that concern organizations when outsourcing projects, 63 percent of respondents said vendor delays, 61 percent said clearly defined contract scope and 50 percent said poor vendor management. Seventy-six percent of organizations evaluate vendors’ technical ability and past performance. Sixty-five percent of respondents said they issue comprehensive, clearly articulated requests for proposals/requests for quotes/tenders that enable standardized responses for comparable analysis.   Skills for Future Outsourcing More than half of organizations acknowledge the need for improvement in their outsourcing capabilities, with additional training and support needs identified in key risk management skills. Of the top areas in which respondents said their organizations can use more training and information, 61 percent said risk management, 53 percent said risk assessment, 51 percent said managing quality of service in outsourcing, 49 percent said requirements management and development, and 47 percent said best practices around project outsourcing. Just 50 percent of respondents agree that outsourcing team members have appropriate project management experience and skills.   For more information, including an on-demand webinar, and a free copy of the full ESI Risky Business: Organizational Effectiveness at Managing Risk of Outsourced Projects report visit www.esi-intl.com/outsourcingsurvey.   Survey Methodology ESI International sent an email survey of 20 close-ended questions to contractor managers, subcontractor buyers, project managers, senior executives, and key decision makers in outsourcing in North and South America, UK/Europe, Asia/Pacific, the Middle East and India. The survey was conducted during April 2010.  The number of respondents who participated in the survey was 615. Not all respondents answered every survey question. The survey was anonymous unless respondents wanted to receive the results, in which case they had to complete their details.  Additional in-depth qualitative interviews were conducted by phone and email.   # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative learning. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than one million professionals worldwide. For more information visit www.esi-intl.com.   dtjorg Thu, 15 Jul 2010 23:18:00 GMT f1397696-738c-4295-afcd-943feb885714:1437 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1281/Business-Analysis-to-Play-Key-Role-In-Meeting-Enterprise-Challenges-in-2010.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1281 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1281&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1281/Business-Analysis-to-Play-Key-Role-In-Meeting-Enterprise-Challenges-in-2010.aspx The 2010 Top 10 trends for requirements management and development (RMD) – also known as business analysis – that will impact business this year were announced by ESI International. Determined by a global panel of ESI’s senior executives and consultants, these trends acknowledge the maturation of RMD in the enterprise as it enables organizations to meet the challenges brought on by unprecedented economic volatility. dtjorg Mon, 15 Feb 2010 17:58:00 GMT f1397696-738c-4295-afcd-943feb885714:1281 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1150/ESI-International-Expands-Canadian-Market-Operations-Global-Infrastructure-Brings-Benefits-to-NewExisting-Clients.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1150 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1150&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1150/ESI-International-Expands-Canadian-Market-Operations-Global-Infrastructure-Brings-Benefits-to-NewExisting-Clients.aspx Arlington, VA USA – October 26, 2009– It was announced today that ESI International will now deliver its world-class learning programs and services direct to the Canadian market. While Canadian businesses have benefited from ESI’s curricula for more than a dozen years, they will now have easier access to ESI’s global infrastructure and an expanded range of learning services. “For years we have worked through our partner in Canada,” said John Elsey, ESI President & CEO. “Several factors, including the current state of the global economy, make this the right time to expand our client offerings in this key market.”   Canadian businesses will now have easy access to ESI’s deep bench of subject matter experts, improved coordination for international programs and a greatly expanded range of services including assessments, coaching, methodology development as well as ESI’s global online learning options.   ESI was fortunate to work with its partner in Canada, Nexient Learning, for more than 10 years and will continue to deliver our existing high-quality programs under the ESI brand with uninterrupted service to our Canadian market. We have already published our open enrollment schedule in Toronto, Ottawa, Vancouver, Victoria, Kitchener and Calgary and will work with clients to deliver services in the areas of program management, project management, business analysis, business skills and contract management.   For more information about ESI’s expanded operations in Canada visit: www.esi-intl.ca or call +1.866.374.4501 or email us at infocanada@esi-intl.com.     # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors. In addition to ESI's more than 100 courses delivered in 22 languages at more than 85 locations worldwide, ESI offers nine certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI's worldwide headquarters are in Arlington, Va., USA. To date, ESI's programs have benefited more than 1 million professionals worldwide. For more information visit www.esi-intl.com.   Media Contact: J. Scott Punk, APR +44 (0)7.824.436.422 +1.703.558.3183 jspunk@esi-intl.com   dtjorg Mon, 26 Oct 2009 14:43:00 GMT f1397696-738c-4295-afcd-943feb885714:1150 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1015/500000-Scholarship-Launched-to-Help-Unemployed-ESI-Program-to-Benefit-Technical-Professionals.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=1015 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=1015&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/1015/500000-Scholarship-Launched-to-Help-Unemployed-ESI-Program-to-Benefit-Technical-Professionals.aspx Arlington, VA – July 1, 2009 – Today ESI International announced the launch of a $500,000 scholarship program for out-of-work technical professionals. Scholarship funds will cover the majority of U.S. course fees for approved candidates, who may choose up to three courses from ESI’s project management or business analysis curriculum.   Courses can be completed at any ESI U.S. public classroom, or via any ESI online learning platform. Courses can be applied toward an associate’s certificate or master’s certificate issued through ESI and partner The George Washington University in Washington, D.C.  GW will award advanced standing toward its Master of Science in Project Management to those who earn a GW/ESI project management master’s certificate and meet other requirements.   In addition to the scholarship, ESI has created a career information and source page for technical professionals at www.esi-intl.com/scholarship. The page includes a range of job-hunting resources and the opportunity to have ESI’s vice president of talent management answer visitors’ questions.   “Despite the current economy, project management as a profession is expected to grow substantially in the next few years with an increasing demand worldwide in such project-intensive industries as manufacturing, pharmaceutical, construction and IT,” said John Elsey, President & CEO, ESI. “This program will allow professionals to keep up their skills in the industry to take advantage of these leading economic opportunities.”   ESI’s Stand Out Scholarship will run through Dec. 31, or until funds have been exhausted. The program is limited to currently unemployed individuals who are U.S. citizens or permanent residents who show acceptable proof of unemployment. For detailed information or to apply for ESI's Stand Out Scholarship, visit www.esi-intl.com/scholarship.   “We feel strongly that this program will serve to support project management and business analyst professionals who are unemployed due to the downturn by making in-demand learning programs cost effective,” said Elsey.   # # #   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors. In addition to ESI’s more than 100 courses delivered in 22 languages at more than 85 locations worldwide, ESI offers eight certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1 million professionals worldwide. For more information, visit www.esi-intl.com.     dtjorg Thu, 09 Jul 2009 16:56:00 GMT f1397696-738c-4295-afcd-943feb885714:1015 https://www.modernanalyst.com/Resources/News/tabid/177/ID/929/Free-Online-Glossary-Launches-More-than-3400-Terms-For-Project-Managers-and-Business-Analysts.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=929 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=929&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/929/Free-Online-Glossary-Launches-More-than-3400-Terms-For-Project-Managers-and-Business-Analysts.aspx Arlington, VA  USA – May 11, 2009 – For busy project managers and business analysts, quickly and easily looking up key terms, phrases and acronyms just became easier. ESI International announced today the launch of a free Online Glossary. Using the successful Dictionary of Project Management Terms by J. LeRoy Ward, PMP, PgMP, Executive Vice President at ESI International, as the base, this online reference tool makes the popular book’s definitions of more than 3,400 terms available from any web-enabled device.  “LeRoy Ward proves himself to be the Noah Webster of project management,” stated Carl Pritchard, PMP, EVP, Principal, Pritchard Management Associates in Frederick, Md., and a world-renowned author and consultant in project management. “He provides a comprehensive, clear, incisive assessment of the body of terms in project management, rich with both technical and idiomatic terms.” The online glossary covers traditional project management terms, acronyms and organizations, as well as broader business terms. Later this year, ESI will expand the tool to include business analysis terms for both requirements development and management as well as project management professionals. With this free tool, seasoned practitioners and managers, as well as their successors, will be better equipped to navigate the ubiquitous language of project-speak. “The larger the field, the more terms are needed to operate within it,” said Ward. “Adding an online element for PM and BA terms was a natural extension for speed, convenience and ongoing relevance.” The Online Glossary can be accessed, free, at www.esi-intl.com/glossary. # # # About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors. In addition to ESI’s more than 100 courses delivered in 22 languages at more than 85 locations worldwide, ESI offers eight certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, Va., USA. To date, ESI’s programs have benefited more than 1 million professionals worldwide. For more information visit www.esi-intl.com. Contact: J. Scott Punk, APR      +1.703.558.3183 +44.(0)20.7071.5243      jspunk@esi-intl.com   dtjorg Tue, 12 May 2009 16:36:00 GMT f1397696-738c-4295-afcd-943feb885714:929 https://www.modernanalyst.com/Resources/News/tabid/177/ID/894/New-Study-Guide-for-CBAP-Certification-Exam-Provides-Comprehensive-Preparation.aspx#Comments 0 https://www.modernanalyst.com/DesktopModules/DnnForge%20-%20NewsArticles/RssComments.aspx?TabID=177&ModuleID=832&ArticleID=894 https://www.modernanalyst.com:443/DesktopModules/DnnForge%20-%20NewsArticles/Tracking/Trackback.aspx?ArticleID=894&PortalID=0&TabID=177 https://www.modernanalyst.com/Resources/News/tabid/177/ID/894/New-Study-Guide-for-CBAP-Certification-Exam-Provides-Comprehensive-Preparation.aspx Business Analysts preparing for the Certified Business Analysis Professional (CBAP®) exam have a new study guide available to them that includes two 150-question practice tests that are representative of the exam administered by the International Institute of Business Analysis (IIBA®).  ESI International Director of Client Solutions Glenn R. Brûlé is author of CBAP®   Exam: Practice Test and Study Guide, First Edition, which also includes study hints, a list of exam topics and 40 multiple-choice questions from each of the six knowledge areas covered by the exam.   The CBAP®   Exam: Practice Test and Study Guide delves into every exam question response with the rationale and explanation behind it so the reader receives greater understanding of the material.  The guide extends beyond the Business Analysis Body of Knowledge® (BABOK®), the collection of knowledge within the profession of Business Analysis which reflects generally accepted practices.    Brûlé has more than 19 years’ experience in the field, and is a member of the board of directors of IIBA® as well as Vice President, Chapters.  In addition to including his expertise, the CBAP®   Exam: Practice Test and Study Guide has been reviewed by CBAP® accredited professionals at ESI. “We’re increasingly seeing that CBAP® certification as a prerequisite for professional qualification in our field,” said Brûlé.  “I wanted to create a study guide that thoroughly prepares candidates for the exam, while also providing information that expands their knowledge, encourages the use of standard language and terms, and helps drive the recognition of the profession.”   IIBA® created the CBAP®, a designation awarded to candidates who have successfully demonstrated their expertise in Business Analysis.  Before taking the CBAP® exam, candidates must first detail hands-on work experience in business analysis through the CBAP® application process. The CBAP®   Exam: Practice Test and Study Guide ($39.95) is available from www.esi-intl.com or http://www.amazon.com/CBAP-Exam-Practice-Study-Guide/dp/1890367494/ref=sr_1_1?ie=UTF8&s=books&qid=1236861811&sr=8-1 .  For international orders, please call +1.703.558.3090 between 7:00 a.m. and 5:00 p.m., Eastern time, Monday through Friday. ###   About ESI International ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors. In addition to ESI’s more than 100 courses delivered in 18 languages at more than 75 locations worldwide, ESI offers eight certificate programs through our educational partner, The George Washington University in Washington. Founded in 1981, ESI’s worldwide headquarters are in Arlington, VA.      dtjorg Thu, 02 Apr 2009 13:07:00 GMT f1397696-738c-4295-afcd-943feb885714:894