BUSN350 Course Discussions Week 5

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BUSN350 Course Discussions Week 5
Think about a business project on which you have worked. How would you apply an enterprise…

SKU: BUSN 350 Enterprise Analysis Categories: , Tags: , , ,

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BUSN350 Course Discussions Week 5

BUSN350 Course Discussions Week 5

Enterprise Analysis All Students Posts – 37 Pages

Think about a business project on which you have worked. How would you apply an enterprise analysis framework to this project?

As I was reviewing the question above, I came across this website stating that Enterprise Analysis has been replaced by Strategy Analysis by BABOK v3. They share some common goals and objectives but the new strategic analysis ups the game with Strategic Vision, Incremental Change Strategy and Gating/Pre-project Usage. The article even provides a Strategy Analysis Checklist.

A business analyst must possess certain core competencies in order to effectively lead enterprise analysis projects. These include (but are not necessarily limited to) the abilities to:

  • Create and maintain business architecture. To perform this, an analyst must be able to research and discern where a business is (baseline architecture) and where it should be (target business architecture). According to BABOK, business architecture “defines an organizations current and future state, including its strategy, its goals and objectives.”[9]
  • Conduct feasibility studies. A feasibility study looks at the options that are proposed and examines whether they are technically possible within the organization and whether they will meet the organization’s goals.
  • Perform opportunity identification and analysis. This is the practice of identifying and analyzing “new business opportunities to perform organizational performance[10]. This is typically done in consultation with subject matter experts.
  • Prepare and maintain the business case. For this competency, an analyst must be able to identify the cost in time, money and resources that the proposed solution will consume and weighs that against the tangible benefits that the solution will offer.
  • Understand and perform risk management. For this skill, an analyst must understand the risks (technical, financial, business, and so on) of implementing the proposed solution and weigh those against the risk of not implementing the solution.

Have you ever had to apply any of these items to a job you are doing?…