Strategic Business Analysis (Advanced) Course

Don’t get left behind…

Up to 40% of the reasons for project failure can be traced to ineffective Business Analysis (Australian Institute of Business Analysis 2010) which is why Business Analysis is gaining in popularity as a professional discipline. Organisations are beginning to realise that an effective Business Analyst is instrumental in providing a solid foundation for delivery of successful projects, for implementing the most appropriate solution for a business issue or opportunity, and maximising return on investment as a result.

What you gain from the course

Enrol for Strategic Business Analysis and you’ll gain:

• Hands-on, business ready expertise that you can immediately apply
• Comprehensive Business Analysis program materials and case studies

Strategic BA is ideal for practicing business analysts, and those who work closely with them, who wish to deepen their understanding and capability of strategic business advisory and leadership.

This course is aligned with International Institute of Business Analysis™ (IIBA^®) Competency Standards, which are supported by A Guide to the Business Analysis Body of Knowledge^® (BABOK^® Guide). The course is also based on current research, best practice industry standards, and the extensive experience of PM-Partners group’s broad range of business analysis capability.

Course Content Summary

Overview

• Identifying the key competencies required for an Expert BA
• Developing strategies to enhance stakeholder interactions using Emotional and Cultural Intelligence

Enterprise and Business Acumen

• Exploring the role of the Expert BA across different levels of the organisation
• Understanding the importance of developing a cross-functional focus
• Using Enterprise (domain) modelling to understand how proposed business changes will impact the organisation
• Reviewing the relationship between enterprise and business strategy
• Exploring environmental and strategic analysis models

Implementing Organisational Strategy

• Understanding the value of Enterprise Analysis and the role an analyst plays in conducting Enterprise Analysis
• Exploring the link between business need, objectives, scope and benefits
• Understanding the different levels of objectives and scope

Demonstrating Value through Benefits Management

• Understanding the role of an analyst in Benefits Management
• Exploring ways to identify, model, and manage benefits
• Justifying initiatives through cost-benefit analysis
• Quantifying benefits
• Using a range of personal, interpersonal and leadership skills to optimise senior stakeholder interactions

Improving Business Analysis Practices in the Organisation

• Appreciating the role a senior analyst plays in developing BA skills and competencies in an organisation
• Evaluating analysis plans to ensure a successful project / program outcome
• Assessing the appropriateness of selected BA Approach e.g. agile versus waterfall and modelling techniques selected
• Evaluating requirements to ensure documented requirements will meet objectives
• Understanding the importance of identifying and challenging the business rules that drive requirements

Managing Organisational Risk

• Understanding the role an analyst plays in risk management at both a program and enterprise level
• Using internal controls to manage risks at all levels, from the process level through to the organisational level
• Examining the relationship between risk and assumptions

Successful completion of this course will enable participants to:

• Assess an organisation’s problems and needs in light of its strategies, objectives, and industry position
• Proactively seek out requirements that help improve a business
• Contribute to the selection of high-value initiatives through enterprise analysis and cost-benefit analysis
• Undertake rigorous mapping and benefits management activities to enable the successful execution of strategy
• Develop high-level enterprise models that facilitate business transformation
• Identify and analyse internal control requirements to minimise an organisation’s exposure to risk
• Act as a mentor and reviewer for less experienced analysts
• Conduct effective management presentations