Date post: | 18-Aug-2015 |
Category: |
Business |
Upload: | sanand-sule |
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IT BUSINESS CONSULTING
How often have you faced this?
Many businesses face such frustrating situations due to lack of planning and disciplined processes. More often than not, it is related to insufficient business analysis and ambiguous specification of the project tasks.
Rising Losses Escalating
Project Problems
Angry Stakeholders
Disgruntled Overstressed
Colleagues
Chaos Report, 2014
Only 16.2 % of all software projects get completed on-time and on-budget. In larger companies, it is even worse because only 9% of the projects get completed on-time and on-budget.
28
16 9
61 46 50
11 29 21
0
10
20
30
40
50
60
70
80
90
100
Startups Mid Size Large Companies
Successful
Challenged
Cancelled
Note: All values are in % Challenged = either time overrun or cost overrun
The chart above shows a statistic about failed projects due to poor requirement analysis
Drilldown into Chaos
12.8
12.3
11
12
5 4
Projects Challenged/Failed due to incomplete Requirements
Lack Of User Inputs
Incomplete Requirements
Change Requirements
Poor Requirements
Unclear Objectives
Unrealistic Schedule
Feeling Similar?
Why Business Analysis?
Return on Investment = [Value achieved through the solution] – [Cost of the solution] Business Analysis activity has a profound impact on RoI by ironing out the required business solution early and producing crystal clear specifications for the technical team. This results in minimizing cost escalations, thereby increasing overall profitability of the project.
Bridge Between Business &
Technical Team
Reduce Requirement
Churn
Clarity of Objectives. No
Rework
Clear Project Schedule. No
time over-runs
No Ambiguity. No Cost
Escalations
Maximum Value.
Maximum ROI
Turizon: Your BA solution!
Requirements Planning
Identifying Stakeholders
Requirements Elicitation
Identifying Requirements
Analysing Requirements
Specifying Requirements
in Detailed
Prioritizing Requirements
Verifying Requirements
What Turizon Offers
Phase-wise Documents and Deliverables
Stakeholder Analysis
• RACI Matrix
• Cause Effect Analysis
• Stakeholder Impact Analysis
Requirements Elicitation
• Initial Business Case
• Vision Document
• Problem Statement
• Stakeholders Interest Table
• Objectives
• Features
• Business Rules Identification
Identifying Requirements
• Initial Business Requirement Document (BRD)
• Business Impact Analysis
• Basic Data Flow Diagrams
What Turizon Offers
Phase-wise Documents and Deliverables
Requirements Analysis
• Interim Risk Analysis
• Interim Version Of BRD
• Interim Version of UML (Will be included in BRD)
• System Use Cases Diagrams
• Actors
• ER Diagrams
• Sequence Diagrams
Requirements Detailing
• Detailed Version Of BRD
• Functional Requirements
• Non-Functional Requirements
• System Use Cases
• Business Use Cases
• Technical Requirements
• Business Process Diagrams
• Data Dictionary
• Business Rules
Requirements Verification
• Requirement Traceability Matrix
• Risk Analysis
The Turizon Value
For your Customers
Low Costs, High Quality and Quick Turnaround. In short, Happiness!
For Your Project Manager
A reliable rule book with clear project progress and performance metrics!
For Your Developers
Unambiguous Features, Functionality and Goals that results in clean and robust software.