Programming & Development

BA02 - Strategic Business Analysis

Introduction:

Learn about the components of Strategic Business Analysis. Understand the importance of defining the business need correctly and pursuing a thorough analysis of the internal and external environments of the enterprise before choosing the solution. Shortcutting the pre-analysis work discussed in this course often results in delivering solutions that are misaligned to the enterprise strategy and to the expectations and needs of the business. Learn how to avoid the pitfall of jumping to a solution prior to a solid understanding of the opportunity or problem needing to be addressed. NOTE: This course will earn you 14 PDUs.

Who Should Attend
Executives, Project Managers, Business Analysts, Business and IT stakeholders working with business analysts

Course Objectives
Learn how to see the “big picture” and understand the internal/external characteristics of your enterprise before determining solutions Understand what comprises strategy analysis and when and how it is performed Recognize how risks influence the viability of solution options Identify the benefits for developing a thorough change strategy Discuss the purpose and importance of business case development and how to leverage a business case to communicate the viability for pursuing a change to your decision makers Prepare a business case employing qualitative and quantitative analysis methods

Course Outline:

Components of business analysis
Business analysis competencies
IIBA/PMI and the goals of a professional association
Purpose for having a BA standard
Exercise: Review the case study
Definition and purpose of Strategy Analysis
The timing of Strategy Analysis
Identifying stakeholders and the business need
Discussions:
Strategy analysis in your organization
When business needs are not clearly defined
Strategy Analysis and the business analyst
Exercises:
Describe Strategy Analysis
Identify Roles/Responsibilities
Identify the business need
The importance of analyzing Current State
Understanding Business Architecture
Techniques for analyzing Current State
Future State description
Assessing impacts to business architecture
Determining Solution Scope
Discussions:
Managing expectations with stakeholders
Capturing current capabilities
How to approach acquiring capabilities
Identifying risks
Risk Tolerance/Categories/risk responses
The concept of positive risk
Techniques for identifying risks
Discussions:
Who is responsible for identifying risks?
Who captures positive risks today?
Exercise: Identify Risks
Defining change strategy
Components of change strategy
Solution scope, enterprise readiness and change
Techniques for defining a change strategy
The purpose of a business case
Business case components
Building a convincing business case
Determining the Recommended Solution
Packaging the business case
Reviewing the business case with stakeholders
Discussions:
Evaluating project proposals
Anticipating questions for the business case review
Exercise: Create a business case
Helpful links for obtaining additional business analysis information

Enroll in this course

$1,395.00

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