Business Analysis Fundamentals

Business analysis is used just about everywhere in organizations. In operations, to analyze what is going on in the business and where the business needs to go. In projects, to lead the definition of what a project needs to produce. By following and implementing the Business Analysis methodology, more effective and successful results in both the operations and project environments will be achieved.

How You Will Benefit

This session provides an overview of business analysis and will help the participant speak the language of business analysis, which includes the core skills and competencies. An organized breakdown of the business analysis role, responsibilities, and activities will be explained.

What You Will Learn

In this course you will gain insights into the foundational concepts of Business Analysis including:

• The Definition and Importance of Business Analysis
• Key Skills and Competencies for Business Analysts
• How to Conduct a Needs Assessment
• Core Components for Business Analysis Planning
• Completing Requirements Elicitation and Analyses
• Tracking and Monitoring Requirements During the Life of a Project
• Creating and Implementing a Solution Evaluation Plan

Who Should Attend

This course is intended for individuals looking to understand the essential elements of Business Analysis, the role of Business Analysts and how they can help increase the success of projects.

Format

Video-on-demand; includes 6-months digital access to all training materials.

Duration / PDU Value

This course has been approved by PMI for 2.5 PDUs.

Outline

Introduction

• What is Business Analysis
• Skills and Competencies of the Business Analyst

Requirements and Domains

• What are Requirements
• Requirements Types
• Business Analysis Domains

Needs Assessment

• Identify the Problem or Opportunity
• Assessing the Current State of the Organization
• Actions to Address Identified Gaps
• Establishing the Business Case

Business Analysis Planning

• Stakeholder Analysis
• Establishing the Business Analysis Plan
• Planning the Business Analyst’s Work

Requirements Elicitation and Analysis

• Definition of Requirements Elicitation
• Planning and Preparing to Elicit Requirements
• Conducting the Elicitation Activities
• Analyze, Model and Refine Requirements
• Validation and Verification of Quality Requirements

Traceability and Monitoring

• Align, Approve and Manage Requirements
• Tracking Key Attributes
• Change Requests and Configuration Management

Solution Evaluation

• Planning to Evaluate the Recommended Solution
• Evaluate and Analyze the Results
• Implement Solution

Course Summary