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BA03 - Writing Effective Business Cases
By Nexus Human
- 30 Day Money Back Guarantee
- Completion Certificate
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Highlights
Delivered Online
Two days
All levels
Description
Duration
2 Days
12 CPD hours
This course is intended for
This course is intended for intermediate business and requirements analysts who are looking to improve their business case development and presentation skills. This course is also a great fit for project managers and product owners who work closely with business analysts or who perform some form of business case work themselves.
Overview
Understand the role of the business analyst within the business case process
Understand the main professional associations and standards that support business analysts in the industry
Discuss the benefits of business case creation
Explore how to define the business need
Describe the role of the business analyst in supporting the enterprise to determine how to optimally invest in the right project initiatives
Explain how to identify stakeholders and the significance to the pre-project activities
Discuss the importance of analyzing the enterprise
Describe and explore the activities performed to assess the current business environment
Explain how a business analyst describes a ?future? state environment including how to identify gaps in enterprise capabilities
Present and explore how to define the scope of a solution
Describe the activities performed and techniques used to determine viable solution options
Explore various techniques for evaluating solution options including feasibility and risk analysis
Thoroughly understand the purpose of conducting a feasibility assessment
Discuss and practice a number of business analysis techniques that support the business case process
Explore the components of a business case
Describe how the business case supports decision makers in making go/no-go decisions
Demonstrate how to assemble the output from pre-project activities into a well-structured business case
Present techniques for presenting business cases to top level managers and obtaining buy-in
Discuss methods for preparing for challenges during business case delivery
Students learn the steps to effective business case development and support your strategic business recommendations with sound budgeting and financial back-up. The one course you need to make high-impact recommendations and receive full management support for your ideas.
Introduction
Module Learning Objectives
What is Business Analysis
Polling Question
International Institute of Business Analysis
BABOK© Guide Components
Project Management Institute
Business Analysis for Practitioners: A Practice Guide
BABOK© Guide Knowledge Areas
Benefits of Business Analysis
Polling Question
A Business Analyst can Influence Project Success Factors
Challenges of Business Analysis
Polling Question
Purpose of a Business Case
Exercise 1a: What Should a Business Case Include
Define the Business Case Elements
What to Look Out For
Who is Involved
Exercise 1b: Review Business Case Outline
Module Learning Objectives
Pre-Project Activities & the Business Analyst
Module Learning Objectives
The Definition of a Business Analyst
The Role of a Business Analyst
Responsibilities of a BA
BA Role vs. PM Role
Business Analysis vs. Systems Analysis
Business Analysis Competencies
Polling Question
Business Analyst Role and Stakeholders
Exercise 2a: Review the Case Study
What is a Stakeholder?
The Importance of Stakeholders
Stakeholder Identification
Tips for Identifying Stakeholders
Other Stakeholder Tips
Stakeholder Identification/Analysis
Exercise 2b: Identify Roles and Responsibilities
Stakeholder Map
Stakeholder Matrix & Onion Diagrams
A Stakeholder Map
Onion Diagram
Exercise 2c: Why do we Need to Understand the Enterprise?
Why Study the Enterprise?
What is Enterprise Architecture?
What is Strategy Analysis?
About Strategy Analysis
Purpose of Strategy Analysis
When to Perform Strategy Analysis
Strategic Planning
Module Summary
The Needs Assessment Process
Module Learning Objectives
Business Need Defined
Define Business Need
The Needs Assessment Process
Problem or Opportunity
Exercise 3a: Problem/Opportunity Identification
Understanding Why
Situation Statements
Business Need and Current State
Determine the Stakeholders
Polling Question
Goals and Objectives
Polling Question
Exercise 3b: Give 3 Examples of Business Goals
Define Business Need Techniques
Exercise 3c: Identify the Business Need
Definition of Strategy Analysis
When Business Strategy is not Driving Project Definition
Typical Project Profile
The Executive Paradox
Solution to the Paradox
Exercise 3d: Describe 3 Outcomes You Would Expect from the Case Study
The Four ?Ares?
Understand How to Create a Business Model
Business Model Example
Exercise 3e: Create a Business Model
The Business Case Approach
Financial and Strategic Measurement Tools
Module Summary
Determining the Required Capabilities & Defining Solution Scope
Module Learning Objectives
Business Need and Current State
Purpose of Analyzing the Current State
Analyzing Current Capabilities and Process
Capabilities Defined
Techniques for Analyzing the Current State
Define the Future State
Techniques for Defining the Future State
Assess Capability Gaps
Stakeholders Involved when Reviewing Capability Gaps
Discussion: Assessing New Capabilities
Defining Solution Scope
Determining Scope Boundary
How to Define Solution Scope
Defining Solution Scope
Project Scope and Product Scope
Scope Modeling
Techniques Used to Define Scope
Define Scope Boundaries
Modeling Scope: Context Diagram
Exercise 4a: Create a Context Diagram from the Case Study
Communicating Solution Scope to Stakeholders
Stakeholders Participating in Scope Activities
Exercise 4b: Discuss Managing Expectations
Module Summary
Assessing Feasibility & Proposing Solution Options
Module Learning Objectives
Financial Analysis
Purpose of Financial Analysis
Costs versus Benefits
Financial Models
Timing for Assessing Financial Benefits
Risk
Assessing Risks
Risk Process
Exercise 5a: Identifying Risks
Risk Analysis
Capturing and Categorizing Risks
Risk Strategies
Tolerance for Risk
Determining Solution Options
Solution Option Process
Determining and Analyzing Solution Options
Brainstorming
Conducting an Outcomes Focused Brainstorming Session
Stakeholders Involved in Determining Solution Options
Exercise 5b: Determining Solution Options
Feasibility Analysis
Discussion: Ranking Solution Options
Discussion: Recommending the Most Viable Option
Exercise 5c: Assess the Most Viable Options
Solution Approach Definition
Exercise 5d: Review the Business Case Templates
Module Summary
Packaging & Presenting the Business Case
Module Learning Objectives
Circumventing a Business Case
Documenting the Business Case
Value of the Business Case Process
Business Case Components
Business Case Techniques
Build a Convincing Business Case
Discussion: Identifying Decision Criteria
Exercise 6a: Supporting a Go/No Go Decision
Packaging the Business Case
Planning Business Case Delivery
Discussion: Planning Stakeholder Buy-in
Information and Communication Needs in the Business Case Process
Presenting your Business Case
Exercise 6b: Anticipating and Responding to Challenges
Module Summary
Course Wrap Up
Course Summary
Questions
Additional Resources
Thank You
Additional course details:
Nexus Humans BA03 - Writing Effective Business Cases training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward.
This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts.
Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success.
While we feel this is the best course for the BA03 - Writing Effective Business Cases course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you.
Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.
About The Provider
Nexus Human
London
Nexus Human, established over 20 years ago, stands as a pillar of excellence in the realm of IT and Business Skills Training and education in Ireland and the UK....
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