Date post: | 14-Aug-2015 |
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Webinar on
Overview of PMI-PBA® Need Assessment Domain
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Agenda
Need Assessment Domain
Environment Analysis
Need Assessment at a Glance
Quick Overview of PMI-PBA®
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Need Assessment Domain
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What is Need Assessment?
• Keep looking at organisation environment• Elicit data to uncover problems and opportunities• Identify gaps in required and available solution options• Develop Business Case to fill the gaps
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Why Need Assessment ?
Need Assessment is needed to assess the Business Need in order to achieve organisation
goals and Objectives
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When to do Need Assessment ?
• Prior to initiating a Project or Program• During the course of a project normally at certain check points
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Who does it?
• Sponsor/Project Manager/Business Analyst
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Business Analyst in Business Strategy
When Business Analyst role get start?
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Environment Analysis
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Environment Analysis
On-going analysis of external and internal business environment is
needed
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Need Assessment at a Glance
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Need Assessment at a Glance
HIGH LEVEL SOLUTION
•DESIRED State
PROBLEM
OPPORTUNITY
ENVIRONMENT Problem/Opportunity Analysis
Recommended Action
Current State: Root Cause analysis is key
Assemble the business case
Desired CurrentGap
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Need Assessment at a Glance
1. Identify Problem or Opportunity• Identify Stakeholders• Get the RACI Matrix• Investigate the Situation• Draft the Situation Statement
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Need Assessment at a Glance
1. Identify Problem or Opportunity• Identify Stakeholders
Stakeholder Identification
Identify hopes and fears for the situation
Stakeholder Analysis
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Need Assessment at a Glance
1. Identify Problem or Opportunity• Get the RACI Matrix
Sponsor Product Manager
Business Analyst
Project Team
Project Manager
Identify Problem or Opportunity
A C R C
Assess Current State
A I R C
Recommend Action
I A R C C
Prepare Business Case
I A R C I
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Need Assessment at a Glance
1. Identify Problem or Opportunity• Investigate the situation
Use Elicitation Tools & Techniques
Size the problem
Document the findings of
investigation
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Need Assessment at a Glance
1. Identify Problem or Opportunity• Draft the Situation Statement
Situation StatementThe cost of processing customer requests increasing at an average rate of 10% per year over the last 2 years, and there are significant processing
delays as a result
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Need Assessment at a Glance
2. Assess Current State of the Organization • Review/Set Goal Statements• Perform Root Cause Analysis • Understand the Gap in achieving solution
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Need Assessment at a Glance
2. Assess Current State of the Organization• Review/Set Goal Statements
Identify high level views of organisation Involve Stakeholders
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Need Assessment at a Glance
2. Assess Current State of the Organization• Perform Root Cause Analysis
5 Why Analysis Fish Bone Diagram Interrelationship Diagrams Process Flows
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Need Assessment at a Glance
2. Assess Current State of the Organization• Understand the Gap in achieving solution
Determine Required Capabilities
Assess Current Capabilities Gaps
Capability Table Benchmarking Affinity Diagram
Process flows Enterprise and
business architectures
Capability frameworks
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Need Assessment at a Glance
3. Recommend Action to Address Business Needs• Identify Options• Assess Feasibility of each option• Identify the most viable option• Perform Cost Benefit Analysis
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Need Assessment at a Glance
3. Recommend Action to Address Business Needs• Identify Options
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Need Assessment at a Glance
3. Recommend Action to Address Business Needs• Assess Feasibility of each option
Most Feasible Option(s)
Technology
Operational
Time
Option 1
Option 2
Option N
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Need Assessment at a Glance
3. Recommend Action to Address Business Needs• Identify the most viable option
Feasible Option - 1Feasible Option - 2..Feasible Option - N
Feasible Option - 1Feasible Option - 2..Feasible Option - N
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Need Assessment at a Glance
3. Recommend Action to Address Business Needs• Perform Cost Benefit Analysis
• Payback Period (PBP)• Return on Investment (ROI)• Internal Rate of Return (IRR)• Net Present Value (NPV)
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Need Assessment at a Glance
4. Assemble the Business Case• Situation Statement• Root Causes• Outcome of Gap Analysis• Rank Ordering of Alternatives• Constraints, Assumptions, and Risk of each option• Result of Feasibility Analysis• Summarise Cost Benefit Analysis• Metrics to Evaluate
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Summary
• Understand Goals and Objectives• Know your stakeholders who can contribute in Need
Assessment• Engage them in the identification of right solution for
the right problem• Get the Business Case as financial justification for the
solution to a problem or an opportunity
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PMI-PBA® Overview
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PMI-PBA®
The PMI-PBA credential recognizes an individual's expertise in business analysis, and using these
tools and techniques to improve the overall success of projects.PMI-PBA Handbook
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PMI – PBA(SM) Eligibility Requirements
Secondary Degree
Bachelor's Degree
7500 Hrs BA Exp
4500 Hrs BA Exp
2000 Hrs Project Team
35 PDUs in BA
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PMI-PBA(SM)
Cost $ 405 PMI Members$ 555 Non PMI Members
Exam 200 Questions4 HoursPrometric Center
Preparation PMI Business Analysis Practice GuidePart of PMBOK® Guide fifth Edition Sections for PMI Recommended Reference Books
We do Provide 35 Contact Hours Program for PMI-PBA®
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Our Training Offerings
PMI-ACP® • Online PMI-ACP® preparation program• Classroom sessions at Delhi , Bangalore , Pune and
Hyderabad
PMI-PBA(SM) • Online PMI-PBA(SM) preparation program• Classroom sessions at Delhi and Bangalore
PMP® • Online PMP Preparation Program• Classroom Sessions at Gurgaon
SAFe® Agilist Classroom sessions at Delhi , Bangalore , Pune and Hyderabad
CSD® Classroom sessions at Delhi and Bangalore
For more details www.iZenBridge.com
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