business analyst training from zarantech

Role Based Training

Business Analysis

ZaranTech LLC.Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com

IntroductionsWhat is “Business Analysis”?BA as a “Career” & Training HighlightsDemo LessonCourse StructureMaterials sharing & BA BlogQ & A

Agenda


What is Business Analysis?

Business analysis is the set of tasks and techniques used to work as a liaison among stakeholders in order to understand the structure, policies, and operations of an organization, and recommend solutions that enable the organization to achieve its goals.

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Phone: (515) 309 -7846 |email: [email protected] |www.zarantech.com

Who is a Business Analyst (“BA”)?

Primary Function• Business analyst serves as

liaison, translator, communication bridge between nontechnical project stakeholders and the technical solution team

• Provides decision support pertaining to acceptable risk through formal capture, analysis, and documentation of Technical requirements

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Other functions of a BA…

FacilitatorModerator Skilled ListenerTeam LeaderVisionaryTrouble Shooter SME/Domain ExpertProject Management

And more…


Why BA?

Humor: Don't underestimate the impact of a Business Analyst!

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Market Research

The biannual benchmark CHAOS Report from the Standish Group (www.standishgroup.com) documented the following facts:Successful projects: 34%

On time, on budget, all features and functions

Challenged projects: 51 %82% average time overruns43 % average cost overruns52 % features and functions actually implemented

Failed projects: 15% Project cancelled before completion, no deliverables

“Because requirements definition forms the foundation for all subsequent project work, improvements here will have a positive impact on overall project success.”

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Why choose a BA career? BA jobs are increasing in this present market of about 36%.

Business Analyst is one of the most in-demand and hottest jobs that employers are looking for.

According to the U.S. Department of Labor and an IIBA Salary Survey, Business Analysts can earn over $100,000 per year.

Research shows the IT Analyst job to be the 7th best job in America, with a 10-year growth outlook of 36%.

BA is one of the top ten recession proof jobs (Forbes Magazine) and is the top paid among the 10.

BA jobs cater to many Domains like pharmaceutical, health care, Insurance, finance, banking, mortgage, accounting, financial budgeting and controlling, bonds, medical insurance, etc.

Secure Job - it also shows that a Business Analyst could be possibly secured from the economics of recession, as seen recently the world over. These jobs can not be offshored.

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http://www.forbes.com/2008/07/18/recession-proff-jobs-lead-careers-cx_tw_0718recessionproof_slide_9.html?thisSpeed=undefined

Training Prerequisites

Who should plan on joining?Prior Experience only?

Entry-level IT Business Analysts

IT Professionals only? Non IT professionals aspiring to get into Business analysis/analyst.

Self-taught IT Business Analysts wanting to fill in the gaps and put all the pieces together

Systems Analysts and programmers interested in expanding their role into the business area

Basic SQL skills & some Domain Knowledge is a PLUS!

NoNo

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Training Highlights Role-Specific Training Hands-on Mentoring and Interactive Sessions 40 Hours of Online Instructor-led sessions Live Case Studies Assignments after every session Training Blog – All materials including videos, assignments High Quality Materials including Domain material Resume Preparation Guidance plus 70-80 BA resumes for reference Mock Interviews – Technical & Project skills FREE On Job Support for 3 months after placementOur Business Analyst Training uses best practices and guidelines from International Institute of Business Analysis (IIBA®) in their Business Analysis Body of Knowledge® (BABOK® v2.0). The training content is customized to meet the practical needs of a Business Analyst professional.

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Demo Lesson

Positioning Business Analysis

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Objectives

By the end of this unit, you will be able to:

Define the critical role of the business analyst with respect to requirements definition and management

Position Business Analysis within the overall discipline of Project Management

Justify creating and adopting a formal business analysis documentation strategy

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Projects: Two Perspectives

Project management perspective:

1. Initiation 2. Planning 3. Execution 4. Control5. Closure

Systems Development Life Cycle (“SDLC”) perspective:

1. Analysis 2. Design 3. Construction 4. Testing 5. Implementation 6. Post-implementation

support


Integrating the Two perspectives: Typical Project Phases

Projects are defined and managed in phases

Each organization will have its own policy regarding the phases and governance applied to projects

Typical phases appear in the graphic (to the right)

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BA Role Throughout the Project

Project Manager Accountable for overall project coordination and the

successful implementation of all deliverables on time, to budget, and matched to requirements

Comparable to an orchestra conductor who coordinates the work of a team of specialists

Initiation Analysis Design Construction Testing Implementation Closure Post-implementation Support

• Business Analyst• Leads during the Analysis

phase and supports during all other phases

• Increasingly leads during user acceptance testing

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The Business Analysis Value Triangle

Business Analysis provides the following values with regard to requirements capture:

Visib

ility

Traceability

Accountability

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Value Through Visibility

Properly conducted Business Analysis mandates the formal documentation of all requirements

Nothing can remain hidden or left to verbal agreement

Visib

ility

Traceability

Accountability

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Value Through AccountabilityProperly conducted Business Analysis mandates that

all requirements documentation be signed off by the client acceptor, who represents the aggregate needs of the user community and has the authority to sign on its behalf

Visib

ility

Traceability

Accountability

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Value Through Traceability

Traceability enables mapping of project deliverables all the way back through their specifications to the original requirements documentation

Traceability also means showing how different levels of requirements (such as user and management) relate to each other

Visib

ility

Traceability

Accountability

• Authorized requirements documentation becomes part of the legal contract between the client group and the solution provider (internal or external)

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The Need for a Formalized Documentation Strategy

Sets expectations for all concerned as analysis gradually uncovers requirements

Allows structured approach to complex solutions environments, with predefined review, feedback, elaboration, and approval points

Requires more up-front time and effort, but is ultimately much cheaper and safer than chaos

Let’s take a look at a Sample Business Requirements Document (“BRD”)

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Course Structure

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Questions?

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Business & IT do not essentially

speak the same language…

<<Back to Objectives

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What is a Project?

Project Management Institute (PMI®) definition of a Project A temporary endeavor undertaken to create a unique product,

service, or result* Temporary -special-case activity rather than an everyday business process Unique -all projects create select deliverables, which can be goods (products) or

services

*Source: PMBOK® Guide, p. 368. "PMI" is a service and trademark of the Project Management Institute, Inc., which is

registered in the United States and other nations. "PMBOK" is a trademark of the Project Management Institute, Inc., which is

registered in the United States and other nations.

<<Back to Objectives

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business analyst training from zarantech

Documents

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subsequent project work

overall project success