The objective of a Business Analysis Project is to investigate/uncover the underlying business rules. Based on those
Business Rules define the functional and system requirements for an IT solution. We recommend a Technology Due Diligence or
Feasibility Analysis before beginning a Business Analysis IT project.
When do you need to undertake a Business Analysis project?
Answer: When your company has decided to undertake an IT initiative to:
• replace a business unit's existing IT system which is nearing an exhaustion point due to either increased business volume or an aging application platform.
• handle new business functional requirements due to a new business opportunity or business structure change (e.g. merger, corporate restructuring, etc.)
• improve an existing systems performance by
- optimizing an existing systems performance (e.g. faster processing time)
- adding user features to improve personel's effeciencies (e.g. better query
and reporting features)
- expanding the scope of the system by automating current manual steps
• improve business intelligence/analytics (you know you have the data but you can't use it the way you'd like)
• gain a competitive advantage - offer your clients additional services that your competition can't provide