Identifying change requests, analyzing them, designing solutions and implementing those with added value are the keys to the growth and survival of companies. By implementing change, we create new value in the form of improved business processes, products and services in response to changes in the business environment, but it is also about taking advantage of opportunities and averting threats.
You don't have to be a Business Analyst directly. This discipline / methodology is used in many other positions, such as: system, process analyst, or enterprise analyst. Also product and project manager. BI (Business Intelligence, Data Analyst / Scientist) consultants and others.
Most beginning managers have very little experience with business analysis. And this is a big mistake in career development. The first method they use is something like "Trial & Error". Over time, with new experiences and hard work, they develop habits that work. And that's exactly what the Business Analysis Body Of Knowledge is all about. A set of best-practices, i.e. proven management techniques, processes and procedures.
There are a number of jobs that regularly encounter Business Analysis, e.g. in the form of assignments, presentations, or work directly with it. The most frequent course participants are Project, Program, Portfolio managers, Development and Quality Managers.
The BABOK® Guide is the most recognized standard in the field of business analysis. If you are looking for a proven methodology for business analysis, you have made the right choice. It is the most trusted and reliable methodology in this area. It is industry-independent, so you can use it in any environment. BABOK® helps managers fulfill strategic goals, create more valuable data for managerial decision-making, reports and outputs.
It is the most advanced standard in the field of Business analysis. It helps managers, directors and interested stakeholders increase added value and thus achieve better results for planned projects. Business analysis will help you succeed in an increasingly competitive environment.
We owe the success to the IIAB organization, which since 2015 has been mainly thanks to the knowledge and procedures that help to effectively implement changes and obtain data for error-free decision-making. The new version of BABOK expands the possibilities of applying Business analysis. According to independent evaluations, the current version even better supports:
business processes,
enterprise architecture, IT management,
agile and project management and business intelligence.
TAYLLORCOX, as an internationally accredited certification body, operates under the auspices of the International Organization for Standardization (ISO). It was he who issued the first international standard that harmonizes best practice for business analysts: Business Impact Analysis (BIA). The standard is labeled ISO 22317. It provides organizations with complete know-how on how to effectively implement BIA processes.
A huge advantage over other standards is the fact that these procedures are based on the BABOK methodology and are fully compatible with the Business Continuity Management System ISO 22301, but they can also be used independently. This methodological standard is intended for large and small organizations across industries.
TAYLLORCOX offers the best and most comprehensive study completed with an internationally recognized certification according to the BABOK Foundation standard. Other organizations and associations are also active in the field of Business Analysis. With the exception of ISO, they all operate on annual membership fees and it is possible to register here and be a member of these professional associations. The last-mentioned association IIBA is the most well-known, but widespread mainly in the USA.
ISO
APMG International
EXIN / British Computer Society
IIBA® (The International Institute of Business Analysis)
The test is focused on the areas discussed during the course, which are of course also included in the materials provided to the course participants. Therefore, additional study of other materials is not required. The key topics of the BABOK® Foundation Certificate in Business Analysis exam are:
BABOK® Key Principles
Competence of a business analyst
Principles of effective communication in business analysis
Strategy Analysis
Planning "Business Analysis Planning & Monitoring"
Collection of change requests “Elicitation and Collaboration”
Analysis and Design “Requirements Analysis and Design Definition”
Requirements Life Cycle Management
Solution Evaluation