General Business Analysis

Business value is a new indicator for project success. Huh? You may be wondering what ever happened to the good ole scope, schedule, and budget. They are still there and measured, but what the 2012 trends have been pointing to is that a project completed within scope, schedule, and budget and not be successful.

I learned this in a virtual meeting where about 10 stakeholders were invited to give input to a mock-up created by our project. They were all subject matter experts within the area, and had earlier provided some input on an individual basis. I walked through the whole thing, and what happened? There were no comments or suggestions. I couldn't believe it. I know that subject matter experts always have an opinion.

I’ve written in the past about why hybrid approaches that incorporate traditional and agile methods of software development are been applied by organizations seeking to improve the results of their software projects. Here I’ll describe the 3 types of hybrid projects I have identified while working with different organizations in consulting assignments, and what impact each type has in the work of a business analyst.

There are three basic checkpoints the business analyst can facilitate to help ensure that he or she is on the right track. Two are informal, merely a get-together with other parties to review the situation and not fraught with the imprimatur of approval. The other is a more formal presentation. I’ll address each of the three checkpoints in this series.

... it became clear to me that it was time to revisit the core role a business analyst fulfills in an organization. In my experience thus far, well over 75% of the business analysts I know report through the IT side of their organization. Of the 25% that report through the business side, most have a primary responsibility that is outside of the typical business analysis role.

Does your requirements approach allow you to reliably identify blind alleys and showstoppers before your company invests large sums in modeling and software development? What’s missing? Most organizations do follow some project management approach. Do you find yours really helps in answering big-picture business questions?

As I've had the honor and privilege of mentoring and coaching business analysts (BA’s) one of the areas that has been a challenge to some is moving from facilitating and eliciting face to face meetings to facilitating and eliciting virtual meetings. More and more BA’s are working remotely, work for companies who have global businesses as well as companies looking at very creative ways to cut cost which may result in having business analysts work from home.

The project involved updating a quote process and the technologies underpinning that process, this included dealing with an underwriting calculation, which was embedded partly in the legacy systems and, partly, in heavily manual processes. The project team could not determine how to unpick this calculation and provide a detailed specification to a 3rd party software house.

I was asked my opinion about whether I’d want project managers to focus on processes first or tools first. Without hesitation, my response was “I don’t really care whether project managers focus on process or tools first,as long as they don’t get in the way of our doing good business analysis!”

Employers are looking for critical thinking and an ability to adapt, invent, and reinvent; collaborate, create, and innovate; and an ability to leverage complexity to compete. Standout companies are using projects as the hotbed of creativity – so that means BAs and PMs have to step up their game. According to the 2011 CHAOS Report from The Standish Group, only 37% of projects delivered on time, on budget, with required features and functions.

Ron Ross and Gladys Lam have written an important book for the business analyst community. It aims to get business analysts out of the technology ghetto that many of us get stuck in. Regardless of the type of analyst you are, I think it would be worth your time to get your hands on and read this book. I’ll explain why below.

So many IT projects ultimately end in failure and are simply written off. Same old story, time and time again. Why is it so hard? Why can’t we figure out beforehand whether some solution will actually work once we roll it out? Most project management approaches and many IT methodologies include steps for building business cases and provide guidelines for project planning and estimating. What’s missing?

Your meeting is underway and while you’re attentively listening to the business SME explain the detailed process for transferring a policy from one agency to another, you find yourself feverishly jotting down notes as the nuggets of information being thrown out are too juicy not to capture. Then it hits you: you have no idea what the business SME is talking about!
 

In many organizations, culture and conventional wisdom make it difficult for the BA to break out of mostly tactical roles within projects. However, in many ways, the future competitiveness of your organization (and consequently of your future employment) depends on it! So don’t blink or you will miss out on the best BA opportunity of your career.

A business model should include behavioral rules, decision rules, operational business decisions, and operational business events — all as first-class citizens. Understanding their intertwined roles is key to creating top-notch business solutions and business operation systems unmatched in their support for business agility and knowledge retention. This article explains how such true-to-life business models can be created.