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What Importance does Business Analysis hold for a Project Manager?

The primary role of the project manager would be to ensure the projects under his management would be completed on time and well within the budget. It would be pertinent to mention here that business analysis would entail defining and documenting user requirements, testing and developing technology systems, and steering through organizational bureaucracies.

Several large companies would assign business analysts to work with project managers. However, when it comes to small businesses, the project managers may be required to take on the responsibilities of business analysis.

Communicating complex and technical details

The business analysis would entail communicating complex technical details in relatively easier to understand language for stakeholders. It would be inclusive of administrative personnel, developers, and senior manager. The project manager would be required to comprehend the role of the project in improving various kinds of business processes along with achieving cost savings for the company.

It has been deemed of great importance that she would be required to explain the organizational context to the members of the team along with communicating the technical details to the senior management and to the peers.

Managing user requirements

A major aspect of project management would be to manage user requirements. The major reason would be the project schedules along with the budgets might keep slipping, provided the requirements continue to change.

There may be times when the user requirements have been vague. It would be especially for the latest product. However, the project manager should bring discipline and structure to the overall process. The user would need to say no to the design changes despite it coming from a senior management. It would be pertinent to mention here that a large project might encompass a requirements management committee for screen changing requests. It would also be needed for approving minor or major changes, negotiate additional funding and schedule extensions.

Role in project implementation

Business analysis has been known to play a significant role in project implementation. It would entail testing and development.

The development would be inclusive of modeling internal business processes along with data flow. It would also identify critical components affecting the performance of the system and preparing of test plans.

The testing phase would entail testing the individual components initially. It would then be followed by testing the integrated system.

How it affects the corporate strategy

The business analysis would also entail understanding how external environmental, political, technological, and social forces would affect the corporate strategy. The project managers could benefit largely from the insight, as a change in overall corporate style could lead to a change in the overall scope of the project.

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