McTimothy Associates

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Developing Analytical Competence To Manage Operations

Why Attend

It has now been established without any doubt whatsoever that lean operations and efficient systems lead directly to increased bottom line profits.

The purpose of the course is to understand what strategic Business analysis is, why it is used, and how it is used. Participants will learn what the necessary elements are that support the use of Business Analysis including contractual agreements, technology, sponsors, risk identification and mitigation, sources of capital, financial structuring, the use of Business modeling and other considerations.

The time on the course is designed to provide participants with the tools they need to continue with their own efforts to analyze and model Business deals as they return to their workplace. This program is designed as a first course for people who would like an opportunity to practice and improve their ability to model Businesses. The course is conducted in a workshop format, with the emphasis on “learning by doing”. During the program, delegates work as a team to create a Business flow model from scratch.

$ 128.49

Event Date: 27/02/2024 – 28/02/2024

Total:

More Dates

22/05/2024 – 23/05/2024

Price: $ 128.49

30/08/2024 – 31/08/2024

Price: $ 128.49

Course Content
Module 1
Defining Business Analysis (Overview of the business analysis discipline)
o    Key roles and responsibilities
o    Distinguishing between business analysis and other related disciplines
o    Introducing the business analysis framework
o    Gathering business needs at the organizational or department levels
o    Performing needs-analysis
o    Choosing the best elicitation technique
o    Soliciting enterprise-level contextual analysis
o    Identifying the nine elicitation techniques
o    Verifying the necessary steps to gather information
o    Recording and confirming elicitation results

Conducting Enterprise Analysis (Analyzing the business landscape)
o    Categorizing and prioritizing business needs and issues using affinity diagrams
o    Assessing business capabilities and gaps
o    Detecting problems and finding opportunities
o    Exposing root causes of problems
o    Finding opportunities for growth
o    Identifying elements of the initial solution scope
o    Developing action-oriented business initiatives
o    Prioritization matrices
o    Anticipating project benefits and costs
o    Documenting critical Business parameters
o    Building SMART Business objectives
o    Specifying critical project elements and deliverables

Planning and Monitoring the Business Analysis Process (Planning for requirements analysis)
o    Documenting assumptions, ground rules and templates
o    Producing a requirements development plan to guide and manage the process
o    Building the communication plan
o    Performing stakeholder analysis
o    Identifying key stakeholders
o    Analyzing the impact stakeholders have on a project
o    Developing a change management process
o    Baselining your plan
o    Following the defined change management process
o    Managing the change control process

Module 2
Managing and Communicating Requirements (Analyzing requirements)
o    Verifying, prioritizing and organizing requirements
o    Specifying the requirements document
o    Identifying key relationships using traceability
o    Executing the communication plan
o    Addressing common pitfalls typically encountered during requirements development
o    Validating the requirements document with key stakeholders
o    Managing stakeholder agreement and conflict

Assessing and Validating Solutions (Allocating requirements)
o    Optimizing business value
o    Evaluating dependencies between requirements
o    Assessing organizational readiness
o    Identifying organizational capability gaps
o    Defining business and technical organizational impacts
o   Building the Business Process Improvement (BPI) Framework
o    Defining BPI
o    Business process improvement vs. re-engineering
o    BPI as a driving innovator in organizations
o    Uncovering BPI challenges
o    Analyzing your personal BPI skills
o    Assessing BPI in your organization

Identifying Key Business Drivers
o    Developing business requirements
o    Analyzing the needs of key stakeholders
o    Defining the four key requirements
o    Deploying enterprise analysis tools
o    Identifying influences on the business
o    MOST
o    Five forces
o    PESTLE
o    SWOT
o    Designing appropriate measurements
o    Linking business drivers to measurements
o    Identifying key performance indicators (KPIs)
o    Outlining the “As-Is Process” (Applying principles of business process modeling)
o    Defining modeling principles
o    Evaluating different modeling techniques
o    Determining the level of detail for your process
o    Enhancing your modeling skills
o    Applying a cross-functional activity diagram

Module3
Managing and Communicating Requirements (Analyzing requirements)
o    Verifying, prioritizing and organizing requirements
o    Specifying the requirements document
o    Identifying key relationships using traceability
o    Executing the communication plan
o    Addressing common pitfalls typically encountered during requirements development
o    Validating the requirements document with key stakeholders
o    Managing stakeholder agreement and conflict

Assessing and Validating Solutions (Allocating requirements)
o    Optimizing business value
o    Evaluating dependencies between requirements
o    Assessing organizational readiness
o    Identifying organizational capability gaps
o    Defining business and technical organizational impacts
o   Building the Business Process Improvement (BPI) Framework
o    Defining BPI
o    Business process improvement vs. re-engineering
o    BPI as a driving innovator in organizations
o    Uncovering BPI challenges
o    Analyzing your personal BPI skills
o    Assessing BPI in your organization

Discovering Process Improvements (Relating process measures to business drivers)
o    Analyzing process performance
o    Linking processes to your business
o    Recognizing the causes of poor process performance
o    Time
o   Cost

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