Course Outline

 

BA03 - Writing Effective Business Cases

Duration
2 Days
Price
450,00 €
Students learn the steps to effective business case development and support your strategic business recommendations with sound budgeting and financial back-up. The one course you need to make high-impact recommendations and receive full management support for your ideas.

Learning Objectives

Understand the role of the business analyst within the business case process

  • Understand the main professional associations and standards that support business analysts in the industry
  • Discuss the benefits of business case creation
  • Explore how to define the business need
  • Describe the role of the business analyst in supporting the enterprise to determine how to optimally invest in the right project initiatives
  • Explain how to identify stakeholders and the significance to the pre-project activities
  • Discuss the importance of analyzing the enterprise
  • Describe and explore the activities performed to assess the current business environment
  • Explain how a business analyst describes a ‘future’ state environment including how to identify gaps in enterprise capabilities
  • Present and explore how to define the scope of a solution
  • Describe the activities performed and techniques used to determine viable solution options
  • Explore various techniques for evaluating solution options including feasibility and risk analysis
  • Thoroughly understand the purpose of conducting a feasibility assessment
  • Discuss and practice a number of business analysis techniques that support the business case process
  • Explore the components of a business case
  • Describe how the business case supports decision makers in making go/no-go decisions
  • Demonstrate how to assemble the output from pre-project activities into a well-structured business case
  • Present techniques for presenting business cases to top level managers and obtaining buy-in
  • Discuss methods for preparing for challenges during business case delivery

Course Outline

1 - Introduction
  • Module Learning Objectives
  • What is Business Analysis
  • Polling Question
  • International Institute of Business Analysis
  • BABOK® Guide Components
  • Project Management Institute
  • Business Analysis for Practitioners: A Practice Guide
  • BABOK® Guide Knowledge Areas
  • Benefits of Business Analysis
  • Polling Question
  • A Business Analyst can Influence Project Success Factors
  • Challenges of Business Analysis
  • Polling Question
  • Purpose of a Business Case
  • Exercise 1a: What Should a Business Case Include
  • Define the Business Case Elements
  • What to Look Out For
  • Who is Involved
  • Exercise 1b: Review Business Case Outline
  • Module Learning Objectives
2 - Pre-Project Activities & the Business Analyst
  • Module Learning Objectives
  • The Definition of a Business Analyst
  • The Role of a Business Analyst
  • Responsibilities of a BA
  • BA Role vs. PM Role
  • Business Analysis vs. Systems Analysis
  • Business Analysis Competencies
  • Polling Question
  • Business Analyst Role and Stakeholders
  • Exercise 2a: Review the Case Study
  • What is a Stakeholder?
  • The Importance of Stakeholders
  • Stakeholder Identification
  • Tips for Identifying Stakeholders
  • Other Stakeholder Tips
  • Stakeholder Identification/Analysis
  • Exercise 2b: Identify Roles and Responsibilities
  • Stakeholder Map
  • Stakeholder Matrix & Onion Diagrams
  • A Stakeholder Map
  • Onion Diagram
  • Exercise 2c: Why do we Need to Understand the Enterprise?
  • Why Study the Enterprise?
  • What is Enterprise Architecture?
  • What is Strategy Analysis?
  • About Strategy Analysis
  • Purpose of Strategy Analysis
  • When to Perform Strategy Analysis
  • Strategic Planning
  • Module Summary
3 - The Needs Assessment Process
  • Module Learning Objectives
  • Business Need Defined
  • Define Business Need
  • The Needs Assessment Process
  • Problem or Opportunity
  • Exercise 3a: Problem/Opportunity Identification
  • Understanding Why
  • Situation Statements
  • Business Need and Current State
  • Determine the Stakeholders
  • Polling Question
  • Goals and Objectives
  • Polling Question
  • Exercise 3b: Give 3 Examples of Business Goals
  • Define Business Need Techniques
  • Exercise 3c: Identify the Business Need
  • Definition of Strategy Analysis
  • When Business Strategy is not Driving Project Definition
  • Typical Project Profile
  • The Executive Paradox
  • Solution to the Paradox
  • Exercise 3d: Describe 3 Outcomes You Would Expect from the Case Study
  • The Four “Ares”
  • Understand How to Create a Business Model
  • Business Model Example
  • Exercise 3e: Create a Business Model
  • The Business Case Approach
  • Financial and Strategic Measurement Tools
  • Module Summary
4 - Determining the Required Capabilities & Defining Solution Scope
  • Module Learning Objectives
  • Business Need and Current State
  • Purpose of Analyzing the Current State
  • Analyzing Current Capabilities and Process
  • Capabilities Defined
  • Techniques for Analyzing the Current State
  • Define the Future State
  • Techniques for Defining the Future State
  • Assess Capability Gaps
  • Stakeholders Involved when Reviewing Capability Gaps
  • Discussion: Assessing New Capabilities
  • Defining Solution Scope
  • Determining Scope Boundary
  • How to Define Solution Scope
  • Defining Solution Scope
  • Project Scope and Product Scope
  • Scope Modeling
  • Techniques Used to Define Scope
  • Define Scope Boundaries
  • Modeling Scope: Context Diagram
  • Exercise 4a: Create a Context Diagram from the Case Study
  • Communicating Solution Scope to Stakeholders
  • Stakeholders Participating in Scope Activities
  • Exercise 4b: Discuss Managing Expectations
  • Module Summary
5 - Assessing Feasibility & Proposing Solution Options
  • Module Learning Objectives
  • Financial Analysis
  • Purpose of Financial Analysis
  • Costs versus Benefits
  • Financial Models
  • Timing for Assessing Financial Benefits
  • Risk
  • Assessing Risks
  • Risk Process
  • Exercise 5a: Identifying Risks
  • Risk Analysis
  • Capturing and Categorizing Risks
  • Risk Strategies
  • Tolerance for Risk
  • Determining Solution Options
  • Solution Option Process
  • Determining and Analyzing Solution Options
  • Brainstorming
  • Conducting an Outcomes Focused Brainstorming Session
  • Stakeholders Involved in Determining Solution Options
  • Exercise 5b: Determining Solution Options
  • Feasibility Analysis
  • Discussion: Ranking Solution Options
  • Discussion: Recommending the Most Viable Option
  • Exercise 5c: Assess the Most Viable Options
  • Solution Approach Definition
  • Exercise 5d: Review the Business Case Templates
  • Module Summary
6 - Packaging & Presenting the Business Case
  • Module Learning Objectives
  • Circumventing a Business Case
  • Documenting the Business Case
  • Value of the Business Case Process
  • Business Case Components
  • Business Case Techniques
  • Build a Convincing Business Case
  • Discussion: Identifying Decision Criteria
  • Exercise 6a: Supporting a Go/No Go Decision
  • Packaging the Business Case
  • Planning Business Case Delivery
  • Discussion: Planning Stakeholder Buy-in
  • Information and Communication Needs in the Business Case Process
  • Presenting your Business Case
  • Exercise 6b: Anticipating and Responding to Challenges
  • Module Summary
7 - Course Wrap Up
  • Course Summary
  • Questions
  • Additional Resources
  • Thank You

Target Audience

This course is intended for intermediate business and requirements analysts who are looking to improve their business case development and presentation skills. This course is also a great fit for project managers and product owners who work closely with business analysts or who perform some form of business case work themselves.

Upcoming Class Dates and Times
Physical | Scheduled
ное 06, 09:00 - 04:30
450,00 €
Scheduled
Physical

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