Monday, December 11, 2017

Project+ objective-1-6-Explain the different types of organizational structures.

1-6-Explain the different types of organizational structures.
• Functional
• Weak matrix
• Matrix
• Strong matrix
• Projectized

Project+ objective-1-5-Outline the process groups of the project life cycle.

1-5-Outline the process groups of the project life cycle.
• Initiating/pre-project setup
• Planning
• Executing
• Monitoring/controlling
• Closing

Project+ objective-1-4-Explain the components of a project charter

1-4-Explain the components of a project charter
• Key project deliverables
• High-level milestones
• High-level cost estimates
• Identify stakeholders
• General project approach
• Problem statement
• High-level assumptions
• High-level constraints
• High-level risks
• Project objectives

Project+ objective-1-3-Summarize the steps required to validate a project.

1-3-Summarize the steps required to validate a project.
• Validate business case
   - Feasibility analysis
   - Justification for project
   - Alignment to strategic plan

• Identify and analyze stakeholders

Project+ objective-1-2-Identify the characteristics of a project

1-2-Identify the characteristics of a project
• Temporary endeavor
• Delivers a unique product or service
• Constrained by time
• Resources and quality

Project+ objective-1-1- Explain the requirements to complete a pre-project setup

Reference

Explain the requirements to complete a pre-project setup.
• Identify the project
   It is a temporary endeavor that has a definite beginning and ending dates, and it's result is unique product, service, or results.  If the goals are set out to accomplish and fulfilled and the stakeholders are satisfied with the results, then the project is considered successful.  Projects also bring out products, services or results that never existed before. This may include creating tangible goods, implementing software, writing a book, planning and implementing events and more.
They are unique, temporary
• Validate the project
• Prepare a project charter
• Obtain approval (signature) for project charter

Wednesday, March 1, 2017

Business Analyst required skills - Analytical

Understanding the present state with what and how questions.

--What information is valuable to gather and analyze?  Need to differentiate valuable information and noise
--How do we analyze the gathered information?
--What kinds of analysis are most effective and helpful?
--How do we contexualize the information that has been analyzed?

Define the desired future state

--What is the optimal outcome given project and/or business objectives?
-- What evidence do we have that this is optimal outcome?
-- How can we ensure the proposed solution leads to the most optimal solution
-- How can we verify the solution remains aligned to the business objectives as it is developed and deployed?

Determine How to get there

-- What are the organizations current competencies
-- What competencies are required to move to the required desired future state?
--Does the expected benefits exceed the expected cost?
Technical