Instructor-led training (
ILT)
Onsite dedicated training (
OST)
Course overview
IT product innovation and process improvement is the key to organizational success. Strategic management of the front end process is required to effectively funnel money to the projects that deliver organizational value. Studies continue to conclude that rushed study periods are a major cause of requirements flaws that lead to project failure. Learn to convince senior management to fully fund early initiative investigation efforts to reduce IT project failure.
Prerequisites
A comprehensive introductory business analysis
course such as Principles of Business Analysis
(HE551S) plus:
This course is intended for business analysts and related professionals such as Project Managers, QA Managers, Project Customers, Technical Leads, Systems Engineers or anyone with a substantive role in the success of projects.
Course objectives
Learn how to:
Develop a business case to understand the added value the project will bring to the enterprise
Establish a clearly defined process that eliminates projects that will be less successful at achieving organization goals
Define alternatives early to determine technical solution feasibility
Communicate technical and quantitative issues to a non-technical audience
Establish powerful project partnerships with the business analyst, project manager, and systems engineer
Navigate through political environments and ambiguity
Conduct high level requirements gathering in the early project phases
Establish return on investment and justification measurements in all environments
Create compelling briefings and technical presentations
Conduct effective phase gate reviews that continually update and validate the business case
Next steps
Advanced Business Analysis or Leadership and Development topics
Benefits to you
Describe the purpose, process steps, deliverables, knowledge and skills required to build and maintain the business architecture
Perform the activities required in completing a feasibility study
Complete the business case and finalize the decision package for a proposed project
Identify the activities to accomplish portfolio planning and management
Course outline
Key Concepts
Differentiate between strategic planning and strategic goal setting
Describe how portfolio planning address high velocity organizational change
Explain key drivers in innovation and improvement success
Business Case Process
Describe the approach for business case development
Build a viable business case that makes sense to senior management
Incorporate successful principles in the planning process
Business Case Analysis Techniques
Identify techniques for conducting current state assessments
Demonstrate technical solution feasibility
Explain analysis techniques that are used to describe many sources of data
Project Proposal
Turn a business case into a proposal
Develop high level business requirements and high level product descriptions
Establish charter documents that document funding decisions
Critical Communication Techniques
Describe effective technical presentations to non-technical audiences
Conduct briefings to gain critical process feedback
Establish phase gate reviews for crucial management decisions
Superior Business Case Issues
Adopt key process success practices
Develop excellent stakeholder management skills
Examine the challenges associated with change management