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Project Management Institute - Business Analysis for Practitioners: A Practice Guide

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Project Management Institute

BUSINESS ANALYSIS FOR PRACTITIONERS: A PRACTICE GUIDE

Library of Congress Cataloging-in-Publication Data

Business analysis for practitioners : a practice guide.

pages cm

Includes bibliographical references.
ISBN 978-1-62825-069-5 (pbk. : alk. paper) -- ISBN 1-62825-069-0 (pbk. : alk. paper) 1. Project management. 2. Business planning. 3. Management. I. Project Management Institute.

HD69.P75B8745 2015

658.4013--dc23

ISBN: 978-1-62825-069-5

Published by:

Project Management Institute, Inc.

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Internet: www.PMI.org

2015 Project Management Institute, Inc. All rights reserved.

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NOTICE

The Project Management Institute, Inc. (PMI) standards and guideline publications, of which the document contained herein is one, are developed through a voluntary consensus standards development process. This process brings together volunteers and/or seeks out the views of persons who have an interest in the topic covered by this publication. While PMI administers the process and establishes rules to promote fairness in the development of consensus, it does not write the document and it does not independently test, evaluate, or verify the accuracy or completeness of any information or the soundness of any judgments contained in its standards and guideline publications.

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In publishing and making this document available, PMI is not undertaking to render professional or other services for or on behalf of any person or entity, nor is PMI undertaking to perform any duty owed by any person or entity to someone else. Anyone using this document should rely on his or her own independent judgment or, as appropriate, seek the advice of a competent professional in determining the exercise of reasonable care in any given circumstances. Information and other standards on the topic covered by this publication may be available from other sources, which the user may wish to consult for additional views or information not covered by this publication.

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TABLE OF CONTENTS
LIST OF TABLES AND FIGURES
PREFACE

Business Analysis for Practitioners: A Practice Guide is a complementary document to PMI's foundational standards. This practice guide provides guidance on how to apply effective business analysis practices on programs and projects and to drive successful business outcomes. This practice guide provides those with an interest in and commitment to the business analysis discipline the following:

  • Diverse collection of both long-established and recent business analysis techniques and practices, defined and explained by experienced business analysis professionals and practitioners; and
  • Description of how these techniques and practices can be used including many specific examples.

The information in this practice guide will help readers to:

  • Consider which practices and techniques are appropriate for use in their own organizations, and
  • Consider how to adapt and adjust techniques and practices to meet organizational and cultural needs without diluting the quality of business analysis which they support.

This practice guide is intended to encourage discussion related to areas of practice where there may not yet be consensus. The discipline of business analysis and its associated roles continue to evolve. Some of the most significant drivers of this evolution are:

  • Increased business focus on the ability to accommodate rapid change,
  • Increased project focus on delivering value as efficiently as possible, and
  • New and evolving approaches for stakeholders and project team members to collaborate with each other to deliver successful projects, which drive business value.

Additionally, the choice of business analysis practicesand how organizations tailor what they choose to implementis highly dependent on organizational, cultural, and methodological norms. These choices are also impacted by how much change an organization is willing and able to embrace. There is no expectation that every practitioner of business analysis will use every technique noted in the practice guide, for example:

  • Some practitioners may consider some of the techniques to be traditional and therefore too confining. PMI recognizes that agile practitioners may desire more adaptive techniques.
  • Other practitioners may find that some of the techniques are too new and would potentially introduce risk or complexity.

With all of these considerations in mind, Business Analysis for Practitioners: A Practice Guide offers these practices as a starting point to identify thought processes and approaches that may improve how organizations and practitioners approach and achieve effective business analysis.

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