Business Analysis Projects

Business Analysis Projects

• Some projects aim at exploring opportunities,
others focus on operational improvements,
and others focus on implementing a new IT
system or decommissioning an existing one.
• Regardless of the project type, the analysis
process shares many commonalities
 Types of Business Analysis Projects

1. Solving a problem
2. Exploiting an opportunity
3. Cost saving
4. Comply with regulations
5. Commercial “off the shelf” product
implementation
6. Data driven projects
 Solving a problem
•Perhaps the most common
project is to solve a problem.

•The management often has a

perception of what the problem
is, and sometimes the solution as
well.

•In these types of projects, the analyst will have to

ensure what the problem is, the impact and the best
way to solve the problem
Exploiting
Exploiting
 Exploiting
• A company might find a customer demand for
a new product or feature, a new market for
their existing products, or collaborate with a
third party to improve their product offering
 Exploiting
• Regardless of the opportunity being explored,
the analyst will consider the profitability of the
case (benefits versus costs) and find the most
optimal solutions to realize the opportunity.
Cost saving
Cost saving
Cost saving
 Cost saving
• Another common reason for projects is
reducing costs, by replacing manual jobs
and/or associated costs with automated
systems.
• Such projects are often very IT intensive,
requiring the analyst to extensively work with
requirement elicitation and process design.
 Comply with regulations
• Another type of project is when a company
has to make changes to comply with
regulations.
• These projects are quite clearly defined, and
the analyst will predominantly work at
understanding the regulations and what
changes they require
Commercial “off the shelf” product
implementation
 Commercial “off the shelf” product
implementation
• Companies are increasingly buying software
packages rather than developing it by
themselves.
• The benefits are compelling, and many
projects focus on implementing such decisions.
The analyst will mostly work with aligning the
internal processes with those of the software
package alongside requirement engineering
 Data driven projects
• By using data to optimize their marketing
strategies, companies are increasingly using
this accumulated data to generate revenue
growth.
 Although a business analyst can work across different types of projects, it is
essential to be aware of the current trends, possibilities and new capabilities
created by advances in information technology and in particular the major trends.
In the 1980s, information technology enabled
data processing, and opened the way to support
business processes with IT systems.
 In the 1990s,
information
technology
enabled
automation, which
revolutionized, in
particular,
manufacturing
companies.
In the early 2000s, the
Internet boom opened
the way to an online
presence and although
many new Internet
companies went
bankrupt, the
technology and its
usage made significant
footprints
 Sir Timothy John
Berners-Lee, also
known as
TimBL(TimBernersLee),
is an English engineer
and computer scientist
best known as the
inventor of the World
Wide Web. 
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