Chapter 3: Business Analyst Planning and Monitoring By, Hassan Kamara
Business Analysis Planning and Monitoring
According to chapter 3 of the BABOK, the tasks of business analysis planning and monitoring are presented to coordinate the efforts of stakeholders and BA’s.
The 5 main knowledge areas that will be covered are:
Ø Plan business analysis approach
Ø Plan stakeholder engagement
Ø Plan business governance
Ø Plan business analysis information
management
Ø And identify business analysis
performance improvements
1. Plan business analysis approach.
Plan business analysis approach can be defined
to be the planning of business analysis work from selection or creation of a
methodology to planning the individual tasks, activities and deliverables. BA’s
also identify initial techniques that could be applied. The approach is used to
define a method to conduct the business analysis activities. The approach should;
align to the goals of he change, coordinate the business analysis deliverables
and activities with the tasks of the overall change, include risk management
tasks that help to reduce the quality of business analysis deliverables or
impede task efficiency and leverage approaches, tools and select techniques that
have worked well in the past.
2. Plan Stakeholder Engagement
Stakeholder engagement is completing a
stakeholder analysis to find all of the stakeholders that are involved and to
analyze their characteristics. After the analysis is complete the results will
then be used to define the best communication and collaboration approaches to
appropriately plan for stakeholder risks. Stakeholder engagement planning is used
to establish and maintain effective working relationships with stakeholders.
3. Plan Business Analysis Governance
It is a BA’s job to ensure that a governance
process is in place and to also clarify and doubts with it. An operational
governance process can process information required for decisions and can identifies
decision makers. An operational governance process can describe how prioritization
and approval decisions are made for designs and requirements. Key identifiers
for planning the governance approach are; How BA work will be prioritized and
approached, who has the authority to approve changes, how changes will be
communicated and documented, who has responsibility for analyzing change
requests and more. The overall purpose is to define how decisions are made
about designs and requirements including, reviews, change control,
prioritization and approvals.
4. Plan Business Analysis Information
Management
BA information is compiled of any
and all info that BA’s create, compile and elicit while performing business
analysis. Stakeholder concerns, elicitation results, scope statements, models,
designs, requirements and solution options are examples of this. Information
management can help to make sure that BA information gets organized in a useful
and functional manner, is accessed easily to the appropriate people and gets
stored for the necessary amount of time. Information management involves identifying:
·
how
info should be organized,
·
how
info should be stored and accessed,
·
characteristics
about the info that must be maintained.
·
And
more.
The overall purpose is
to develop an approach for how BA information gets accessed and store.
5. Identify Business Analysis
Performance Improvements
To improve and monitor performance, its
necessary to establish performance measures, report on analysis results, conduct
the performance analysis as well as identify the preventative, corrective or development
actions. PA (performance analysis) should happen throughout an initiative. Once
the initial potential performance improvements are found they can then become a
guideline for the next time a task is executed. The overall purpose of identifying
business analysis performance is to assess BA work and to plan process
improvements where required.
It is also important to mention the related outputs of each of these tasks, as follows:
ReplyDelete1) Business Analysis Approach – set the business analysis approach and activities that will be executed through an initiative.
2) Stakeholder Engagement Approach – contains information regarding the identified stakeholders as: characteristics and roles and responsibilities for the change.
3) Governance Approach – recognizes the stakeholders who will have the responsibility and authority to make decisions about business analysis work. It also determines the process to be used to manage requirement and design changes throughout the initiative.
4) Information Management Approach – includes the definition about how business analysis information will be stored, accessed and utilized during and after the change.
5) Business Analysis Performance Assessment – shows the difference between the planned versus actual performance, including findings to help understand the performance of processes.
As business analysis approach used to plan business analysis work and individual's activities. Similar, Scotia bank also use this approach for planning business and cover many elements such as roles of key player, financing, Taxation and legal considerations, Retirement and estate considerations, business strategies, timetable etc. Tools that Scotia bank is using are solutions builder, marketing tools, Scotiabank Ownership Transition Tool and many other.
ReplyDeleteThe process of how a business analyst determines which activities will be needed to complete the business analysis effort. The tasks within this knowledge area show the business analysis tasks in all of the other knowledge areas. The Business analysis approach is used to define a method to conduct the business analysis activities. Scotia bank is also use this approach to plan future business outcomes. The information management approach tells the business analytical information will be stored, accessed and utilized before and after the change.
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