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9 Business Analysis Techniques to Reduce Project Failure Rates
Did you know that October 13th is International Day for Failure? It may be strange or even ironic to have a day dedicated to the celebration of failure but as Thomas A. Edison once said “ I have not failed. I’ve just found 10,000 ways that won’t work.”

71% of transformation initiatives fail to reach desired outcomes. (1) And failure rates specifically for big data projects, analytics, and Artificial Intelligence loom large at 85%, according to Designing for Analytics. Business analysis increases project success rates by 63% (2) by improving a team’s efficiency in projects, clarifying scope with, and advocating for business stakeholders and the customer.

On this day of failure let us celebrate with much zeal and learning about business analysis techniques from IIBA’s A Guide to the Business Analysis Body of Knowledge Guide (BABOK® Guide) that can help with reducing failure and increasing project success rates.
The 9 BABOK® Guide Techniques we will discuss are:

1. Lessons Learned
2. Risk Analysis and Management
3. Brainstorming
4. Use Cases and Scenarios
5. Decision Analysis
6. Financial Analysis
7. Interface Analysis
8. Root Cause Analysis
9. Acceptance and Evaluation Criteria

Source: 1. North Highland Worldwide Consulting Survey / 2. Business Analysis Positioning for Success Research Study, IIBA

Oct 13, 2022 12:00 PM in Eastern Time (US and Canada)

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Emily Midgley
President @IIBA Cleveland Chapter
Emily Midgley, CBAP is the President of the Cleveland Chapter of IIBA and has 13 years of business analysis experience in the insurance industry. She led business analysis for programs to implement leading-edge technology like big data and mobile apps. As an Agile coach, Emily brings BA practices to product managers and product owners throughout the enterprise to increase focus on customer value.
Tamara Copple
President @IIBA Kansas City Chapter
Tamara Copple, MBA, CBAP is a senior business analyst with Kansas City-headquartered non-profit Children International. She joined the Kansas City chapter in 2017, and served as Technology Director and Vice President before being elected as Chapter President for 2020. Tamara has given talks at professional development days in Minneapolis, Omaha, and St. Louis, and was selected as a speaker at the Building Business Capability conference in 2020.
Imtiaz Kaderbhoy
Operations Director @IIBA UK Chapter
Imtiaz Kaderbhoy, AAC is a technically and commercially astute Senior Business Analyst, with experience in small and large (£30m+) complex capital programs using Waterfall, Agile and Kanban. Enjoys collaborating with multiple stakeholders, eliciting needs, and optimising business processes, supporting revenue growth and optimising customer satisfaction / retention.
Susan Moore
Community Engagement Manager @IIBA
Susan Moore is a Product Management professional with more than 20 years’ experience in the Finance and Insurance industries. Before coming to IIBA, Susan worked in Business Analysis and Project Management roles, incorporating business analysis leadership and agile practices into the business analysis teams where she worked. Susan also writes on these topics at TheVirtualBACoach.com. Susan holds several business analysis and Agile certifications including IIBA’s Agile Analysis Certification.