Unlocking Program Success Through Business Analysis
Description
In this episode of P3M, Kailash Upadhyay and Rami Kaibni discuss the critical role of business analysis in program management. They explore how business analysis aligns program outcomes with organizational strategy, the importance of mapping business analysis knowledge areas to the program lifecycle, and the challenges faced when business analysis is lacking. Rami shares insights on developing business analysis capabilities and the evolving role of business analysis in the context of emerging trends like digital transformation and data analytics.Takeaways:1. Business analysis skills are essential for program managers.2. Aligning program outcomes with organizational strategy is crucial.3. Business analysis is a competency required at all management levels.4. Elicitation and collaboration are key throughout the program lifecycle.5. Challenges arise when business analysis is missing from program management.6. Developing business analysis capabilities requires both knowledge and experience.7. Understanding the importance of traceability in business analysis is vital.8. Data analytics will play a significant role in future program management.9. Professional development is essential for program managers.10. The best program managers continuously learn and adapt.Chapters: 00:00 Introduction to Business Analysis in Program Management08:07 Mapping Business Analysis Knowledge Areas to Program Lifecycle13:03 Challenges of Missing Business Analysis in Program Management17:49 Developing Business Analysis Capability for Program Managers18:51 The Importance of Experience Over Certification21:14 Business Analysis Techniques: A Tailored Approach27:33 Core Competencies in Business Analysis31:34 Navigating Challenges During Uncertain Times35:28 The Evolving Role of Business Analysis in Digital Transformation37:41 Final Insights for Aspiring Program Managers
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