Chapter 3 Business Analytics Planning and Monitoring Flashcards
Business Analysis Planning and Monitoring
organize and coordinate efforts of business analysts and stakeholders.
5 Tasks to Business Analysis Planning and Monitoring?
Plan Business Analysis Approach
Plan Stakeholder Engagement
Plan Business Analysis Governance
Plan Business Analysis Information Management
Identify Business Analysis Performance Improvements
Plan Business Analysis Approach
planning of ba work.
Plan Stakeholder Engagement
understanding which stakeholders are relevant to the change. What ba need from them/need of stakeholders.
Plan Business Analysis Governance
components of ba used to support governance function of organization.
Plan Business Analysis Information Management
how information developed by ba is captured, stored, integrated with other information.
Identify Business Analysis Performance Improvements
managing/monitoring how ba work is performed to ensure goals are met.
Purpose of Plan Business Analysis Approach?
define appropriate method to conduct ba activities
Description of Plan Business Analysis Approach?
overall method that will be followed when performing ba work on initiative, how and when tasks will be performed, and deliverables.
Inputs of Plan Business Analysis Approach?
- Needs- shaped by the problem/opportunity faced by the org. necessary to consider what is known about need at time of planning.
- Acknowledge that understanding evolved throughout ba activities.
Elements of Plan Business Analysis Approach?
Planning BA Approach
○ Predictive Approaches- focus on minimizing upfront uncertainty and ensuring solution is defined before implementation begins in order to maximize control and minimize risk.
○ Adaptive Approach- focus on rapid delivery of business value in short iterations in return for acceptance of higher degree of uncertainty regarding overall delivery of solution
Formality and Level of Detail of BA Deliverables Business Analysis Activities Timing of BA Work Complexity & Risk Acceptance
Guidelines/Tools of Plan Business Analysis Approach?
Business Analysis Performance Assessment Business Policies Expert judgement Methodologies/frameworks Stakeholder Engagement Approach
Techniques of Plan Business Analysis Approach?
Brainstorming Business Cases Document Analysis Estimation Financial Analysis Functional decomposition Interviews Item Tracking Lessons learned Process Modelling Reviews Risk Analysis and Management Scope Modelling Survey/Questionnaire Workshops
Stakeholders of Plan Business Analysis Approach?
Domain Subject Matter Expert
Project Manager
Regulator
Sponsor
Outputs of Plan Business Analysis Approach?
Business Analysis Approach- identifies ba approach and activities performed across initiative including who will perform activities, timing and sequencing of work, deliverables that will be produces/techniques utilized.
Purpose of Plan Stakeholder Engagement
Plan approach for establishing/maintain effective working relationships with stakeholders.
Description of Plan Stakeholder Engagement
- Identify all involved stakeholders and analyze characteristics.
- Utilize the best collaboration/communication approaches for initiative and plan for stakeholder risks.
Inputs of Plan Stakeholder Engagement
• Needs- may evolve as stakeholder analysis is performed
○ Business need and parts of enterprise it affects helps in identification of stakeholders.
Ba Approach- incorporating overall ba into stakeholder analysis, collaboration, communication approaches is necessary to ensure consistency across approaches.
