Business analysis can make the difference between success or failure in an organization.
Business analysis comprises a wide range of methods, tasks and skills – all of which the business analyst should have familiarity.
Business analysis is used to identify and articulate the need for change in how organizations work, and to facilitate that change. Business analysts identify and define the solutions that will maximize the value delivered by an organization to its stakeholders.
While the project manager oversees a project and keeps it on track, a business analyst makes sure the project manager leads the right project. The business analyst identifies which projects will best achieve the organization’s objectives.
Effective business analysis can help an organization elevate its ROI. Business analysts increase the benefit achieved through an investment, as well as reduce the cost to implement it, which ultimately increases your ROI.
Business analysis also benefits an organization by lowering costs by finding more cost-efficient solutions. Business analysis increases benefits by determining new needs within the organization, prioritizing those needs by value, and making necessary changes.
A large part of a business analyst’s job is to reduce overall company costs as well. The business analyst reduces project rework, underutilized functionality and requirements churn. They also identify and implement more cost-effective solutions.
Truth is, a business analyst has a lot of tasks involving lots of perspectives, such as:
Information Technology (focus on developing requirements)
Business Process Management (focus on analyzing, drafting and modeling business processes)
Agile (analyzing, planning, implementing and testing the changes (as a team member or product owner)
Business Intelligence (focus on data elicitation, data modeling and data documentation)
Business analysts work across all levels of an organization and may be involved in everything from defining strategy, to creating the enterprise architecture, to taking a leadership role by defining the goals and requirements for programs and projects or supporting continuous improvement in its technology and processes.
Training in business analysis should benefit every organization’s bottom line. Professional business analysis courses like the ones offered by Tonex provide alignment and clarity throughout a change process especially in terms of defining clear business requirements that fall within the scope of a project.
Business analysis training can also help organizations discover new organizational needs through analysis and as a result, can help the business reach a better understanding of the changes that need to be in place for continued success.
Business Analysis Courses by Tonex
Tonex offers several courses in Business Analysis in two categories:
Disaster Recovery and Business Continuity
Earned Value Management
By conducting effective business analysis, the business analyst increases the plausible benefits to be had from any recommended solution. Participants in our Business Analysis courses learn about this and much more.
For more information, questions, comments, contact us.