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Improving Project Success Rates: Addressing Business Analysis Gaps

A staggering 60% of projects fail to meet business objectives, as highlighted by sources like BluePrint Inc., Gartner, and the Standish CHAOS Report. This failure often results from missed business outcomes, unused features, and costly rework, which accounts for 40% of project waste. Business Analysts play a crucial role in mitigating these issues by applying best practices and methodologies defined by the International Institute of Business Analysis (IIBA), which offers valuable resources, certifications, and professional development opportunities for practitioners in the field.

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Improving Project Success Rates: Addressing Business Analysis Gaps

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  1. Industry Statistic 60% of projects fail to meet business objectives (Sources: BluePrint Inc., Gartner and Standish CHAOS Report, 2008)

  2. Building Business Analysis Capabilities

  3. IT Industry Problems • Missed Business Outcomes • 60% of projects fail to meet business objectives • 43% of features are never used • Rework Creates Waste • 40% waste due to rework • 50% of project schedule spent on rework • Downstream Cost Impacts • 40% defects missed by QA, but caught by users • Cost to fix errors increases as project progresses (Sources: BluePrint Inc., Gartner and Standish CHAOS Report, 2008)

  4. What is Business Analysis?

  5. Who are Business Analysts? What do they share in common ?

  6. International Institute of Business Analysis (IIBA) • Established in 2003 • Membership 8,000 (2008), 16,000 (2010), 28,000 (2011) • Support and resources for Business Analysts • Business Analysis Body of Knowledge • Best Practices, Methodologies, Tools and Techniques • Agile Extension • Certifications, CCBA and CBAP • Professional Development • Webinars (free and member only) • Seattle Chapter • Washington Business Analyst Development Day (WA BADD) • Certification Study Groups • Monthly chapter meetings Note: OCIO Strategic Plan, Communities of Interest

  7. IIBA Resources International Institute of Business Analysis http://www.iiba.org/ IIBA Seattle Chapter http://seattle.theiiba.org/ Jim Blum IIBA Seattle Chapter, VP Education VPEducation@seattle.theiiba.org

  8. Other Training University of Washington Certificate in Business Analysis http://www.pce.uw.edu/certificates/business-analysis.html

  9. We can do better 60% of projects fail to meet business objectives (Sources: BluePrint Inc., Gartner and Standish CHAOS Report, 2008)

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