The relentless pace of technological progress drives businesses to work on increasingly more complex projects. With this increased complexity comes new challenges and roadblocks that business analysts must learn to overcome.Read More
In preparing a business case, the business analyst is often required to conduct some measure of cost analysis. When highlighting the benefits associated with an initiative, it is extremely important to also indicate the costs that will go along with implementing the initiative. Information regarding costs is particularly important in making go or no-go decisions when deciding which projects to implement. The business analyst should work with the project manager to identify these costs and arrive at realistic estimates.Read More
As professionals, we typically make decisions based on logic and information that is available to us. For example, Business Analysts typically make decisions on which techniques to apply when solving business problems and assist stakeholders in making decisions on which solutions to adopt. Cognitive biases can lead to bad decisions and errors in judgment and as such, BAs should be aware of them.Read More
Here's a list of the most popular 2015 posts, as determined by BAL readers. This list is based on the number of page views received by each post.
A special thanks goes to all BAL readers for making 2015 worthwhile.
Here it goes:Read More
Who’s the one person in your team you simply can’t afford to lose? It’s okay - every business has one: some expert, savant, or otherwise indispensable worker who holds projects together like glue. People like these are called Subject Matter Experts. They are those from whom we elicit those requirements that are not always explicitly stated. These people are incredible assets—until they are no longer with the business…and then they become a liability. Guest Post By Edgar Wilson.Read More
Proofs of Concept (POCs) and Pilots are 2 separate approaches for reducing risk when implementing a new system (technology or process) in an organization. Though critical to the implementation of successful systems, not all projects include them by default.Read More
Without undermining the importance of experience and intuition, the days of relying exclusively on them are over. Big data has the capacity to revolutionize current ways of thinking, how businesses are managed, how quickly businesses respond and the benefits they are likely to gain from exploiting the opportunities that come with big data.Read More
A risk is an event or condition that may or may not happen. If we fail to manage or identify risks before they happen – they can become serious problems. To avoid constant firefighting on your project, risk analysis should be approached proactively.Read More
Business cases are developed to confirm the feasibility and viability of proposed projects before they are launched. Here's a list of 20 tips to keep in mind on the journey to convincing stakeholders that your recommendation is the way to go.Read More
Personally I am very fond of strawberries and cream, but I have found that for some strange reason, fish prefer worms. So when I went fishing, I didn’t think about what I wanted. I thought about what the fish wanted. I didn't bait the hook with strawberries and cream. Rather, I dangled a worm or grasshopper in front of the fish and said: "Wouldn't you like to have that?" Why not use the same approach when fishing for people? ― Dale Carnegie, How to Win Friends & Influence People. Guest Post By Nicola Joseph.Read More
Analysis Paralysis is based on the premise that by delaying decisions or committing to a particular direction, there's more time to gather new information, conduct analysis and present recommendations to the business. This premise only holds true for a while though. At some point, the law of diminishing returns sets in – the extra information collected and the extra time devoted to analysis no longer add any significant value to the project.Read More
Here's a list of the most popular posts of 2013, as determined by BAL readers. This list is based on the number of page views received by each post and has been sorted by popularity. A special thanks goes to all BAL readers for making 2013 worthwhile.
Here it goes...Read More
Someone once asked me, “How do you handle a difficult stakeholder?”. It’s never a pretty situation managing a stakeholder who is obviously opposed to your project for whatever reason. It’s even worse when the stakeholder goes the extra mile to ensure your project doesn’t succeed. Managing stakeholders is no different from managing personal relationships with people.Read More