Wednesday, May 15, 2013

Top Business Analysis Trends of 2013: Forget Consensus, it's About Collaboration and Convergence


Requirements in the form of a user story are all about the business analyst focusing on delivering convergence vs. collaboration and consensus. The new trend of collaboration and consensus is a way to get everybody on the same page, but it takes a long time to be able to get those requirements developed.

“Remember, in agile from a BA’s perspective user stories are supposed to be there to deliver value that provide a way for everybody to converge on the same path so that you can deliver every four to six weeks. That’s the package and the focus of what agile is all about,” said Nancy Yee, vice president of Global Product Strategy, ESI International,.

In 2013, Nee thinks we will begin to see that the BA’s are going to need to focus their elicitation skills more on convergence than on consensus. To get there, BAs can focus on collaboration and choosing the elicitation methods that will bring everybody into that convergence path.

Check out Nee’s full video below:



Nee is presenting a webinar next week entitled, "Developing Effective Agile Requirements." To register, click here! 
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Tuesday, May 14, 2013

15 Leadership Lessons for Project Managers


Sports can teach some of life’s greatest lessons like how to be a good teammate and how to prepare for success. One of the greatest teachers of these lessons was Coach John Wooden.  In his book, “Wooden,” he shares life lessons from on and off the court. The wisdom in Wooden’s words can be applied to all areas of life – especially business leadership. He recently sat down with Business2Community to share his pearls of leadership wisdom.

”Apply yourself everyday to just becoming a little bit better.”
Marcus Sheridan, author of The Sales Lion blog and Inbound and Content Marketing Made Easy, exemplifies this principle, according to Wooden. Sheridan’s journey is unique. He started out selling pools, but everything changed when he started to apply the inbound marketing methodology. The work that he invested into the online marketing tactics transformed their business into one of the largest companies of its kind in the world.

“Without proper self-evaluation, failure is inevitable.” 
Dan Zarrella, Social Media Scientist at Hubspot, provides advice for marketers, backed with statistics on everything from words to use on your landing page to the best time to send a tweet. So, consider taking time each month to evaluate which of your methods are working and which aren’t working as a self-evaluation based on numbers could help you take your game to the next level.

“Mix idealism with realism and add hard work.”
Glen from ViperChill showcases this attitude in the way he approaches his businesses, said Wooden. Glen sets goals each month for himself and for his businesses. When you read his blog posts you can see that Glen isn’t afraid to put in the work that is required for success. By defining what he wants to accomplish each month, Glen can decide how he is going to spend his time.

”You can make mistakes, but you’re not a failure until you start blaming others for those mistakes.”

Darren Rowse, founder of ProBlogger, accidently emailed over one million people with an email that was meant for a few thousand, causing people to unsubscribe and send complaint emails. So, the company drafted an apology email to its users. This quick and honest response did more in the end to improve their relationship with the readers.

”While you can’t control what happens to you, you can control how you react.”
Gary Vaynerchuck, author of Crush It! and The Thank You Economy, is a passionate guy, according to Wooden. One thing that makes him stand out from the rest is his desire to get to know real people. When someone leaves a negative review on Amazon, he responds by asking to talk about their experience.
”People want to believe you are sincerely interested in them as person. Not just for what they can do for you.”

Mark Schaefer is a recognized speaker and marketing consultant. Wooden says he demonstrates his sincere interest in people through the way he communicates on Twitter, the way he writes on his blog, and the way he interacts with people in real life. Social media channels provide companies with an opportunity to engage and he showcases this brilliantly.

“When you improve a little each day, eventually big things occur.”
Brian Moran was trying to build an online baseball training business on the side. After months of trial and error,  Brian found something that worked for his business: Facebook. Soon Brian had built up a following of over 10,000 Facebook fans. Next, he decided to start Get 10,000 Fans, a business dedicated to sharing his formula for converting Facebook fans to customers. Today, Get 10,000 Fans is one of the largest Facebook marketing brands on the Internet.
“We must be challenged to improve, and adversity is the challenger.”
Pat Flynn’s honest approach to teaching passive income techniques is the cornerstone of his brand. One of the essential elements in his “be everywhere” strategy is the Smart Passive Income podcast. When you look at the success he has experienced in a short amount of time, you realize that he is a guy who has risen against odds, according to Wooden.

”When the opportunity arises, it is too late to prepare.”
During the power outage during Super Bowl XLVII, people were all over Twitter asking questions about when the lights would come back on. The marketing team at Oreo recognized that there was an opportunity to jump into the conversation. They put together an  image and sent the tweet, ending up with over 16,000 retweets and a massive amount of new followers.

”Focus all your effort on what is in your power to control.”
According to Wooden, Lewis Howes was attempting to make a career in football when an injury brought his dreams to a halt. In a time when a lot of people would have just quit, Howes focused on what he could control. He set himself to becoming an expert of LinkedIn networking. Today, Lewis is considered a thought leader in sports networking and webinar marketing.

“A leader’s most powerful ally is his or her own example.”
Scott Monty, the Head of Social Media for Ford Motor Company, epitomizes this philosophy. Scott is viewed as a thought leader among the social space as his philosophy of “letting the customer tell your story” has been Ford’s social media strategy. “Dialogue with people in a way they can understand, not corporate-speak,” Monty said.

“Progress comes slowly but steadily if you are patient and prepare diligently.”
Jason Fried and David Hansson are the founders of software company 37signals. Fried and Hansson started off as a design agency that was seeking a collaborative project management solution that could manage their international team. When they couldn’t find anything that fit their needs, they designed their own. They have proven to keep their products simple, not being afraid to lose customers who have out grown their solution.

”Balance means keeping things in proper perspective.”
Anne Deeter Gallaher, CEO of Deeter Gallaher Group  is an on-ramper who has never lets the odds against her dictate her future. Anne was a stay-at-home mother before becoming an entrepreneur.  Anne says, “My experiences at home as CEO of family and volunteer prepared me for the business world in many ways. Have you ever tried to get three, very energetic young boys to bed on time? That demands serious negotiating skills – and a healthy dose of patience and clear communications!”

“Act quickly, but don’t hurry.”
FedEx displayed for us all how to exemplify this truth in reaction to a YouTube video of one of its deliverymen throwing a new computer monitor over a fence. In a situation that would have people scrambling, FedEx took to their Twitter account. It reassured people that they take pride in the quality of their service and that this type of behavior from one of their employees.

”If you spend too much time learning the tricks of the trade, you may not learn the trade.”
Eric Ries, author of The Lean Startup, has pioneered the idea of a minimal viable product. You can’t sit back and prepare forever, it is better to launch and learn than to not launch at all! It can be tempting to spend all of one’s time “learning up” to do something great, according to wooden. One trait that unites all of the great business leaders is their willingness to take action. 

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Thursday, May 9, 2013

Improve the Collaboration & Effectiveness of Your Project Teams


The recent growth of global teams and the virtual workplace has created the opportunity to work on international projects and collaborate with project management and business analysis colleagues from around the world.

Are you prepared to not only be a part of, but also lead a diverse project team?

New for 2013, PW&WCBA features a half day summit focused on Creating Engagement in Project Teams, as well as a breakout track devoted to PM & BA Collaboration. From creating team engagement, to soft skill development, to metrics and measurement tools and techniques, ProjectWorld & World Congress for Business Analysts covers everything you need to increase the effectiveness of project teams.  

Featured Collaboration & Team Engagement Sessions:
  • The Value of Diversity: Increasing the Odds for Success in Decision Making, ALSAC/ST. JUDE CHILDREN'S HOSPITAL
  • Successful Projects Across Borders: How to Achieve Unity, THOMSON REUTERS
  • It's the Goal, Not the Role: Work of Project Management and Business Analysis in Agile, EBG CONSULTING
  • Soft Skills for Effective Collaboration, FEDEX 
  • Keys to Successful Communication in a Global Project Environment, STAGE STORES, INC
  • Let's Collaborate Not Tolerate: How to Build a Successful BA/PM Partnership, PAULA A. BELL CONSULTING 

Download the brochure for the full agenda and speaking roster: http://bit.ly/13hWMtG

Plus, earn up to 36 PDUs/CDUs in one conference package. That's almost half of the credits needed to maintain your certification and more than any other conference option!

PW&WCBA bridges the gap between theory and practices by championing and celebrating the role of the PM and BA as true contributors to the overall business with specific examples of how and why, and new ideas to help you achieve more.

Mention code PW13BLOG & Save 15% off the standard rate.
Register today: http://bit.ly/ZHLYRl

Join us and know that you are investing in yourself and your career. We hope to see you in Orlando!

Best,
The PW&WCBA Team
#PW13

P.S. Don’t miss the Developing Effective Agile Requirements webinar with Nancy Yee, PMP, PMI-ACP, CBAP, CSM, Vice President of Global Product Strategy, ESI International.

To register, click here: http://bit.ly/15pDmGU


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Wednesday, May 8, 2013

The Best Project Manager for the Job


Having the right project manager (PM) is crucial to successful project delivery. But, what attributes does a great PM have? According to Hemant Kogekar, principal of Kogekar Consulting, here are findings from a CIO Executive Board Study on what differentiates a good PM from an average one.

Experience
Many organizations look for PM candidates who have a project management certification. But, the study found that certification does not predict PM effectiveness. Turns out that PMs with diverse experience across technology and business areas are more effective.

Knowledge of the Business
Effective PMs understand not only ‘how’ but also ‘why’. They know the goals of their projects and how the goals fit within the organization. High performing PMs become ‘business partners’ and not just ‘order-takers’. Business partners improve their credibility due to their understanding of project scenarios. Effective PMs develop relationships across the organization so that they understand dynamics within the organization – enabling PMs to steer through complex issues.  

Leadership Ability
The importance of leadership skills is often underestimated when businesses select PMs. Effective PMs understand what the team needs and tailor their communications to drive performance. These PMs leverage team members’ skills, and gain the team’s trust. Poor PMs run the team into the ground while the project is delivered. Although PMs with a poor track record of  leadership may achieve short-term gains, these PMs constrain the success of the project. Good PMs not only deliver the project outcomes, but build a team’s capabilities throughout the project.

Commitment
According to the study, two of the top three drivers of PM effectiveness are “passion to succeed”, and an “ability to meet internal deadlines”. When selecting PMs, leaders should seek candidates who demonstrate these attributes. Good PMs become demonstrate passion in the project and holding themselves accountable for the project’s success. Effective PMs follow the standard processes, but look to improve these processes to remove bottlenecks, time consuming steps and other inefficiencies.



Risk Management
Effective PMs are skilled in anticipating the risks throughout the project life-cycle. These PMs not only identify risks, but also develop strategies to avoid them. The study found that there was a big difference in the ability to anticipate and manage risks between the top and bottom performers.

Crisis Management  
Projects are stressful; a smoothly running project is a rarity. Good PMs maintain their cool in times of crisis. They maintain composure and guide their teams through the myriad of crises and challenges that projects encounter.

Quick Problem Solving
The best PMs are experts at solving the problems that a project encounters. These PMs deal with insufficient information and are quick learners who draw lessons from unfamiliar situations and concepts.

Ambition
Good PMs are success-driven. Organizations need to recognize this and create pathways for PMs to progress to senior roles. If organizations fail to look after good PMs, they will find and opportunities elsewhere.

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Tuesday, May 7, 2013

Top Business Analysis Trends of 2013: Strong User Stories Will Drive Effective Requirements Analysis

Now more than ever, businesses of all shapes and sizes require effective business analysis to be successful in this highly competitive business world. Business analysis involves taking information gathered from a variety of sources and analyzing to forecast future trends, finding ways to make improvements in business strategies, improving operations, and making strategic decisions to improve the overall bottom line.

Moving through 2013, according to Nancy Yee, vice president of Global Product Strategy, ESI International, there are key business analysis trends that will be prominent and that businesses should embrace this year. The second significant business analysis trend of 2013 is strong user stories will be the force driving effective requirements analysis and product backlog prioritization

If the BA is already working with the product owner the BA needs go back to the roots of what they know, being able to elicit and analyze requirements in the form of a user story.

In 2013, BAs must return to the grassroots of what you know in requirements management development and get in sync with your inner elicitation and analysis requirements, focusing on the perspective of developing user stories.



“Using what you already know from an analysis standpoint, you will create successful user stories that will help your product owner prioritize their product backlog and deliver value at every iteration,” she commented.

Be sure to register for Yee’s upcoming webinar, Developing Effective Agile Requirements. Click here for more information:  http://bit.ly/10haSfj

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Wednesday, May 1, 2013

5 Things the CEO Can Learn From the Project Manager


Since leadership is part of the foundation of being a successful project manager, I will be writing a series of posts about the importance of leadership and best practices that project managers can utilize to grow from a manager to a leader.

Today, the CEO is the leader of the organization. In order to be an effective leader, the CEO needs to be in charge of the company in terms of where it’s headed, how it’s going to succeed over the year, five years, and beyond. Not only do they have to understand today, but they also need a complete view of the organization, the industry, the competitors, and the economy.  Sometimes, what makes the company what it is and what it can be can fall through the cracks.  

With that being said, according to Brad Egeland, a business Solution Designer and IT/PM consultant and author, here are the five things that most CEOs can learn from the project manager:

Customer Management
Most CEOs aren’t closely involved with each customer or with customer management.  Handling each customer properly, assessing needs, and that their needs are met is what the project manager’s job is all about. The CEO that takes look at his customer landscape - not just the ones who mean the most to the organization’s bottom line - will play a role in those customers’ satisfaction and retention rate.

Financial Management
The CEO must be concerned about the bottom line financially at a very high.  With a staff devoted to the details, the CEO is typically only making very broad financial decisions. So, the CEO could learn a lot from the project manager who is responsible for the daily financial status of each project. The ability to focus on problem areas and make decisions for today – not just next year – could be beneficial for the CEO.

Resource Planning  
Resource usage is another area where the project manager could teach the CEO some lessons.  Resources are at the disposal of the CEO, but the project manager must plan resource usage so as not to cause harm to the project budgets. Smart resource planning and management is a key aspect of profitability for projects and for the organization.

Negotiation
Most project managers are faced with many negotiation points during each project they are managing. It’s a skill and a great business strategy and most CEOs could probably use a refresher course.

Asking Probing Questions
In order to get the project started on the right course the project manager must ask questions of the customer right from the outset.  It’s necessary to define the requirements of the engagement and to understand where the project is going, what the customer wants, and what their end users are expecting. The CEO is given lots of information, but to ensure they are keeping the organization on the right path, they must ask questions.

CEOs see the big picture and have to always be thinking of how that big picture affects their organization. And, the project manager is concerned about today and the immediate future of each project he is managing. So, the CEO could learn things from the project manager that would bring his or her view down from the 10,000-foot level to the day-to-day operations.  

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Tuesday, April 30, 2013

Top Business Analysis Trends of 2013: BA and Product Owner Roles are Solidified


Today, businesses require effective business analysis in order to be successful in a competitive business world. Business analysis involves taking information gathered from a variety of sources and analyzing to forecast future trends, find ways to make improvements in business strategies, improve businesses operations, and make smart business decisions to improve the bottom line. Understanding key marketing areas is essential to helping a business generate revenue and cut down on excess waste. 

According to Nancy Yee, vice president of Global Product Strategy, ESI International, there are some key business analysis trends that will be prominent in 2013. The first significant business analysis trend of 2013 is the roles of the BA and product owner will be solidified and respected.

In an Agile environment, the BA and the product owner have very different roles. The BA works with the product owner to identify what exactly they need, help them understand how this is going to help them achieve the values that they are looking for. The product owner, on the other hand, is responsible for understanding exactly what the business needs.

“They are there to talk about how, where and when they need to improve their businesses, which translates into the product backlog,” said Yee.

In 2013, there is going to be a stronger relationship with the product owner and the BA together in order to create a stronger foundation of understanding of what they need to be able to deliver value when it comes to priority of the product background.

Check out the full video here: 



Be sure to register for Yee’s upcoming webinar, Developing Effective Agile Requirements. Click here for more information:  http://bit.ly/ZXGbaa

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Wednesday, April 24, 2013

The Perfect Project Management Tools for Content Creation


As businesses spend more and more on content marketing, brands are challenged to keep their content creation process under control. Today, organizations simply cannot risk publishing content that hasn’t gone through a process of checks and balances. So, content marketing directors need a solution for keeping their editorial calendars in check, providing timely insights on progress to senior management and centralized document storage. According to Businsess2Community, the ideal project management tool for a content marketing team is likely to use tools including:

Support for Multiple Steps

Every content creation process requires steps for creation, editing, review, and publication, which will take place over multiple workdays. The system needs to be complex enough to support the need for multiple components of a single step – which will each have a separate deadline.

Task Assignment

Projects and duties can change quickly as companies make changes to optimize their content marketing strategy. So, an ideal system will be flexible enough to allow the project manager to quickly assign.

Priorities

Mid-sized and large content creation teams may need a moderate amount of oversight, and this need will grow if your company is among those outsourcing. A system that requires tasks to be completed in a specific order can minimize the attention needed from management through each process.

An Aggregation System

Whether it’s integrated into your project management software or not, it is crucial to aggregate content marketing in a single, centralized, and searchable location.

Workload Forecasting

Some content directors may prefer simpler systems, having the ability to estimate time needed to complete assigned tasks can streamline management, and improve your ability to assign “hot jobs.”

Billing and Time Tracking

A project management system that allows time-tracking, as well as instant reporting for billing or internal reporting by projects can improve communication between departments.

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Monday, April 22, 2013

The Importance of End-to-End Project Management


Project management makes projects happen. In order to achieve successful project management, someone has to keep them on track, progress reports must be made, tasks must be completed, and resources must be secured. This process is often involves several teams and vendors, so error and miscommunication become expected, scheduling conflicts multiply, and deadlines fall through. According to a recent article by Business2Community, end-to-end (E2E) project management, where one team is tasked with all aspects of a project, can make a big difference.

Typically, a project follows the path from research and planning to task management and testing, and then project closure. Overall, the goal is to produce or implement a quality deliverables, whether it’s a printed asset or training procedures, which can require many people. But, projects that require input from large teams are subject to misaligned approaches. Use of different technologies can be disruptive, too. So, it’s important that these variables be minimized, or at least recognized.

Fortunately, E2E project management dissolves these issues by reducing the amount of people involved in the project.  This can be useful if the project in question doesn’t require a lot of recreating to succeed. If it’s following a process that’s been established before limiting input can bolster productivity, even if that means fewer people have to take responsibility.

With E2E project management, governable collaboration happens in a way that widespread cooperation is not. By using end-to-end, you limit the same risks as you would by avoiding outsourced work, often associated with preventable error. And aside from being a centralized hub of the project, E2E teams have the tools to assess risks, communicate issues, and re-center project focus when things get off track.
Use these eight E2E best practices to keep your projects running smoothly:
  • Select projects that are straightforward with fewer elements
  • Point to the solutions before the problems arise by completing a risk assessment
  • Agree on a shortlist of technologies and approaches that can be used, and stick to them
  • Choose your team wisely
  • Schedule everything (from vacations to meetings)
  • Make sure everyone on the team understands the plan, the goals and the timeline
  • Be accountable to each other (tight-knit teamwork keeps people aware)
  • Update the team when anything changes

End-to-end project management won’t work for everyone, but when it’s done right, it provides a simple-to-execute process with which internal projects successfully delivered with minimal risk of failure.
Want to learn more about project management best practices? ProjectWorld & World Congress for Business Analysts (PW&WCBA) blends practical learning, skill building, big picture thinking and leadership training together for a holistic approach to developing managers into leaders.

Whether you are looking to sharpen your toolkit, grow as a leader or benchmark against peers by exchanging stories of success and failure, this event delivers it all – providing you with more credits than any other event of its kind. With a huge  network of experts to connect with, you'll be prepared to confront the Increasing complexity even more confidently with dexterity and agility.

To register for PW&WCBA, click here!


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Friday, April 19, 2013

The Top 10 Business Analysis Trends of 2013


Today, businesses require effective business analysis in order to be successful in a competitive business world. Business analysis involves taking information gathered from a variety of sources and analyzing to forecast future trends, find ways to make improvements in business strategies, improve businesses operations, and make smart business decisions to improve the bottom line. Understanding key marketing areas is essential to helping a business generate revenue and cut down on excess waste.  According to Nancy Yee, vice president of Global Product Strategy, ESI International, there are some key business analysis trends that will be prominent in 2013.

1. The roles of the BA and product owner will be solidified and respected.

In an Agile environment, the BA and the product owner have very different roles. The BA works with the product owner to identify what exactly they need, help them understand how this is going to help them achieve the values that they are looking for. The product owner, on the other hand, is responsible for understanding exactly what the business needs.

“They are there to talk about how, where and when they need to improve their businesses, which translates into the product backlog,” said Yee.

In 2013, there is going to be a stronger relationship with the product owner and the BA together in order to create a stronger foundation of understanding of what they need to be able to deliver value when it comes to priority of the product background.

2. Strong User Stories will be the force driving effective requirements analysis and product backlog prioritization

If the BA is already working with the product owner the BA needs go back to the roots of what they know, being able to elicit and analyze requirements in the form of a user story.

In 2013, BAs must return to the grassroots of what you know in requirements management development and get in sync with your inner elicitation and analysis requirements, focusing on the perspective of developing user stories.

“Using what you already know from an analysis standpoint, you will create successful user stories that will help your product owner prioritize their product backlog and deliver value at every iteration,” she commented.

3.  Forget consensus, in 2013 it’s all about collaboration and convergence

Requirements in the form of a user story are all about the business analyst focusing on delivering convergence vs. collaboration and consensus. The new trend of collaboration and consensus is a way to get everybody on the same page, but it takes a long time to be able to get those requirements developed.

“Remember, in agile from a BA’s perspective user stories are supposed to be there to deliver value that provide a way for everybody to converge on the same path so that you can deliver every four to six weeks. That’s the package and the focus of what agile is all about,” Yee said.

In 2013, Yee thinks we will begin to see that the BA’s are going to need to focus their elicitation skills more on convergence than on consensus. To get there, BAs can focus on collaboration and choosing the elicitation methods that will bring everybody into that convergence path.

4. BAs will become the new PMs through Agile

BAs will become the new PMs. From the Agile perspective, project management disappears and we focus on project leadership, project delivery, project execution. The role of the BA in agile is about delivering value from the user story perspective. “The role of a project manager become obsolete? Maybe, maybe not. Only time will tell,” she said.

In 2013, the focus of the BA will be more on upscaling themselves in the traditional role of what we know as PM. They will learn the skills of scheduling, planning, managing risk, controlling costs – so that they came become the new PMs of an Agile project.

5.  BAs will be seen as the keystone to adopting Agile

At its core, Agile is all about requirements from the perspective of user stories, according to Yee. In 2013 if organizations are going to embrace Agile, they need to focus on the keystone to success of Agile, which is business analysis.

If they don’t have a current business analyst role, they will at least embrace the function of business analysis because at the end of the day Agile success is all about requirements and that is what BAs do because they are able to define user stories and be able to deliver value which is what Agile is about.

6. The federal government will slowly recognize the value of business analysis as it moves more toward an Agile environment

Requirements management and development is a concern in the government. Although state and local governments have embraced the role of BA, the federal government hasn’t fully embraced that function.
However, in 2013, when the government is focused on Agile and delivering things in a modular fashion they will begin to see the value that requirements management will lend itself toward embracing the role of BA. In 2013 from a government’s successful usage perspective, we will see a critical eye on a key role of investment in looking at the BA role to define user stories and deliver value.

7. Strategic Enterprise Analysis will slowly become the foundation of business architecture

These days, with budgets so tight, there is a focus on strategic enterprise analysis – the foundation to organizations that are embracing business architecture.

“It’s all about: How do we grow our business? Make our business more money? How do we keep our business stable? All of these things are about the BA and the ability to do strategic enterprise analysis,” Yee explained.

We will begin to see that as organizations are able to work in the space they are trying to deliver their products with greater uptake to be the next Apple or Microsoft, for example. They will be looking at strategic enterprise analysis and business architecture together for its all about defining the “what” of business and how we can deliver customer value.

8. BA Centers of Excellence will focus on providing their worth and driving innovation

In 2011 and 2012 we saw the resurgence of BA COEs. We saw that many organizations were establishing those centers of excellence. Now in 2013, we will see the trend of those COEs staffing up their ability to deliver the value and innovation that they promise to have in place.

This year we will see senior BAs and business architects joining the ranks of showing the innovation and value because it is all about understand exactly what your business does, how you should invest in it and be able to prioritize the value from a requirements and product perspective.

9. Modeling skills take precedence in business analysis training

In 2013 is all about pictures, graphics or models. What you will begin to see is that the BAs are going to be using and leveraging all of the different models and modeling techniques they know to be able to deliver the messages they need. For instance, user stories require the use cases to be able to develop the value the customer is looking for. Process models are a way to understand how the organization as a whole is going to be able to deliver what they are looking for and add operational effectiveness and across the board.  
In 2013, will we see the written word disappear?

“I hope not, but pictures speak a thousand words so 2013 BAs should get focused on practicing your modeling skills and techniques because the model is going to pay the rent,” said Nee.

10. Communicating “up” will become critical to articulating requirements’ impact on a deliverable.

In 2013 we will see BAs learning that they have to communicate better, meaning that communicating up and across is going to be a major focus of what BAs are going to be targeting in 2013. BAs are the most aware of the requirements of the value those requirements bring because they do a lot of impact analysis on those requirements.

She added, “When they are working on a project they know if they miss a requirement or if it changes, and how that will affect the business. The problem is the ability to share that difficult message and have that crucial conversation.”

In 2013 BAs will be focused on their ability to have those communicating up conversations with their sponsors and stakeholders, laying it out for them of what could happen when it comes to these requirements.
“By being able to put that in your bag of BA skills, you are solidifying yourself as a key component to everything related from a business value standpoint,” Yee concluded.

Business analysis is a big part of the upcoming conference , ProjectWorld & World Congress for Business Analysts (PW&WCBA), which blends practical learning, skill building, big picture thinking and leadership training together for a holistic approach to developing managers into leaders.

Whether you are looking to sharpen your toolkit, grow as a leader or benchmark against peers by exchanging stories of success and failure, this event delivers it all – providing you with more credits than any other event of its kind. With a huge  network of experts and peers to connect with, you'll be prepared to confront the Increasing complexity even more confidently with dexterity and agility.

To register for PW&WCBA, click here!


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Wednesday, April 17, 2013

Business Analysis Trend of 2013: Collaboration and Convergence


Today, businesses require effective business analysis in order to maintain competitiveness. Effective business analysis involves taking information from sources and analyzing for the purpose of forecasting future trends, finding ways to make improvements in business strategies, improving operations, and making smart decisions to improve the bottom line. Understanding key marketing areas is essential to helping to generate revenue and cut down excess.

Business analysis can include market research analysis like analyzing consumer data from transaction records, consumer surveys, polls, financial analysis, inventory analysis, product and service analysis, and more. Business analysis helps a business avoid making bad decisions that can result in time and money being wasted. The result of finding the right solution the first time is projects get completed in a timely manner, strategies are executed with beneficial results, and there is effective monitoring of the project resulting in the best outcome.

Effective business analysis allows managers to make sure information is distributed and understood by the project team. Then the team is able to work together in an efficient manner to create a plan that has a high chance of success. Due to changing demographics and consumer habits, it is important that a business understands current and future trends in order to meet changing consumer preferences. In the competitive market, you cannot run a successful business without understanding your customers and all facets of the company.

According to Nancy Nee, PMP, PMI-ACP, CBAP, CSM, Vice President of Global Product Strategy, ESI International, requirements in the form of a user story are all about the business analyst being able to focus on delivering convergence versus collaboration and consensus. The new trend  of collaboration and consensus  is a way to get everybody on the same page, but it takes a long time to be able to get those requirements developed.

“Remember, in agile from a BA’s perspective user stories are supposed to be there to deliver value that provide a way for everybody to converge on the same path so that you can deliver every four to six weeks. That’s the package and the focus of what agile is all about,” she explained.
In 2013, Nee thinks we will begin to see that the BA’s are going to need to focus their elicitation skills more on convergence than on consensus. A way to get there is to leverage their ability in focusing on collaboration and choosing the elicitation methods that will bring everybody into that convergence path.

Collaboration and convergence is a big part of the upcoming conference , ProjectWorld & World Congress for Business Analysts (PW&WCBA), which blends practical learning, skill building, big picture thinking and leadership training together for a holistic approach to developing managers into leaders.

Whether you are looking to sharpen your toolkit, grow as a leader or benchmark against peers by exchanging stories of success and failure, this event delivers it all – providing you with more credits than any other event of its kind. With a huge  network of experts and peers to connect with, you'll be prepared to confront the Increasing complexity even more confidently with dexterity and agility.

To register for PW&WCBA, click here!


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Monday, April 15, 2013

Six Project Management Blunders to Avoid


Today, we work in a world that is highly dependent on transparency and shared responsibility. These days, project management is as necessary a skill for virtually anyone in agile business. But, according to Bussiness2community.com, there are six common project management mistakes that you should keep from getting in the way of your project success.

1. Too many projects
It may be tempting to create a great team, build a schedule and push project after project through a smooth assembly line-type process. But juggling so many projects at once puts quality at risk. According to Forbes, “Our brains just aren’t equipped for multitasking tasks that require brainpower. Our short-term memories can only store between five and nine things at once.”

2. Lack of clarity
One of the biggest culprits is one of the easiest things to avoid: ambiguity. Lack of clarity leads to miscommunication, misdirection, repetition, missed deadlines, and eventually failure. If you’re creating the outline, be clear in your directives. If you’re handling just one piece of the puzzle, ask questions and be clear about priorities.

3. No credit
When someone works hard on a project, exceeds every expectation, drives a project forward, comes up with great ideas and beats deadlines, they appreciate being acknowledged. Since we’re all acting as PMs, it might not be clear who’s responsible for doling out props, but we all are. If someone helps you get the job done, letting them know you appreciate will retain their support.

4. Wrong focus
We know times are tough, but times are always tough. There is never extra budget, there’s not more time and everyone is too busy. But every ideal circumstance in the world won’t save a project if the wrong person is managing it.

5. Workflow inconsistency
Different departments approach projects from different perspectives. The tools necessary to completing projects can change frequently and quickly. If teams aren’t kept up to date with different approaches and changes aren’t communicated to key players, structures dissolve, time is wasted and frustrations explode. 

6. Too late for risk management
Starting projects is all about setting goals and planning the steps to achieve them. Gathering resources, mapping out assignments, and analyzing budgets are all priorities on the to-do list. While there’s some discussion of roadblocks, they’re not always assessed. Before a project ends up in crisis, consider who has a stake in decisions and who has the final say over changes. It is key to develop contingency plans, and cushion resources to lessen the impact of any potential mishaps.

Want to learn more about project management? Project World & World Congress for Business Analysts (PW&WCBA) blends practical learning, skill building, big picture thinking and leadership training for a holistic approach to developing managers into leaders without the commercialism that you experience at other events. Whether you are looking to sharpen your toolkit, grow as a leader or benchmark against peers by swapping stories of success and failure, PW&WCBA is comprehensive enough to deliver it all.

Click here to register today!
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Tuesday, April 9, 2013

Download the ProjectWorld & World Congress for Business Analysts 2012 Executive Summary

Last year, we gathered all the key takeaways from the ProjectWorld & World Congress for Business Analysts event so that attendees could immediately take action once afterwards.

The 29-page executive summary highlights the key points and overarching themes of the 2012 conference covered by our esteemed keynotes. We've now made these action points available for download to provide value, drive innovation and create real life business impact on both you and your leaderships’ health and future success.

Download ProjectWorld & World Congress for Business Analysts 2012 Executive Summary to learn:

  • Why Risk management is not always negative; there are opportunities to harvest in the uncertainty of risk.
  • The Essentials of the agile method
  • Techniques for achieving excellence in project portfolio management
  • How your audience can help to break down the inter-departmental communication barriers
  • How to Collaborate to deliver value
  • and much more.
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Friday, February 22, 2013

A Brief History of Project Management

This cool info-graphic explores a (brief) history of project management over the past 2500 years. 

Thursday, February 7, 2013

Why Project Management is a Crucial Skill

Project Management Lifecycle
Project Management Lifecycle (Photo: IvanWalsh.com)
Projects are the lifeblood of every organization, projects create things, drive growth, and a company that has no projects going on is definitely not a successful company.

This is what makes project managers an increasingly crucial part of organizations, whether they are a freelancer or in house the managerial role of a project is vital to the realization of that project’s goals.  This leads to the initial decisions that the project manager must make, "what are the project’s goals?"

A project manager must decide what the goals of the project are before the project starts.

Going into a project knowing what you want provides everyone involved with a clear cut sense of purpose and understanding. There’s nothing more demoralizing then devoting time and efforts into achieving some goal only to be told halfway through that the goal doesn’t matter anymore and to go for a new one.  

This is why project managers need to be well versed in their understanding of the project and equally organized so they can plan exactly what they want to get from the project.  

Strategic development and time management skills come into play at this pre-project stage and are essential for any project manager. Once they apply these skills to figure out the goals of the project they next need to decide who will be completing these goals

Allocation of resources is another key requirement of any good project manager, and perhaps the most important resource is labor. The project manager needs to decide who is going to complete what task and when. This requires an intense understanding of members of the project team, what skills they possess, and even who they work best with. Although small teams within a project are common they aren’t necessarily required which makes recognizing when a team is needed and when individual work is best fall under the needed skills of a project manager.

Personal interactions and general people skills should be another strong suit of a good project manager, project managers need to be able to easily communicate with their team members and effectively express the goals they want them to achieve. Once everyone knows what they are doing, how they are doing it, and when they are doing it the only thing left is execution.

It may sound simple but actual execution of (what should be) a well planned strategy can be a long process.

Project managers should be monitoring development of the project and stay ready to make changes to the strategy for any unforeseen situations that arise during the execution stage.  

Communication between all parties involved is also vital. It’s the job of the project manager to make sure customers, executives, project members, and everyone in between is kept on the same page with developments and changes. Thanks to increasingly available communications technology from smartphones to Skype this is becoming an easier and more fluid process and will continue to do so.

Being an efficient project manager requires strong leadership, organizational, and communication skills to name a few. It may seem like a tall order but it’s because of this that effective project managers are increasing their demand and Forbes listed project managers in their Top 10 Best Freelance Careers.

About the Author

Jeffrey Marino is a contributing writer concentrating his focus on Business Administration, Management Information Systems, and Tech Innovations. He blogs at Fordham Nights and can be reached at JMarino@iirusa.com.