Essential of Business Analyst for every Project - McOxley Academy

Why is Business Analyst is so important for a Project? . Business Analyst is one of the most talked skill set required for a project next to Project Management, unfortunately it has not been understood properly. 

Business Analyst not only assesses the project scope, but also documents the requirements in detail to support the stake holders to provide solutions to their business problems and smoothen the development activities.  It is equally important for the Management team to understand the pains of the project manager to provide desired solutions to stake holders.

The output of the BA strengthens the project success and reduces the risk of project failure.

Business Analyst deliverable:

·         Analyse the business needs

·         Understand the stake holders expectations

·         Analyse the existing product(s) and do compare with similar products in the market

·         Identify the road map

·         Define the scope

·         Come up with Usability analysis

·         Determines the process gaps, inefficiencies and bottlenecks

·         Developing business case & functional specifications

·         Support Project Manager to enable him to track & trace the Requirements Matrix (RTM)

Who can become Business Analyst:

·         Fresher directly comes out of college – Computer Science background / MBA

·         Software developer / Testing Engineer who wants to change the career track

·         Functional Specialists who want to leverage Industry knowledge and look for change in career

How to become Business Analyst:

·         Get trained – complete certification course and develop your knowledge on the expectations out of the BA role

·         Develop your competencies to prove your potentialities during selection time

·         Approach your work with a Business Analyst mindset

·         Put your focused efforts for a BA opportunity

Please visit the website of ours to find the details about our Business Analyst training  www.mcoxley.in

Attention on Training Contributes to Values & Retention

Human Resource has been found to be the most crucial factor affecting smooth and successful running of any organization. Businesses the world over have realized the importance of recruiting and retaining the best possible talents, regardless of the type of industry and nature of work involved. 

Although employers understand the need for a reliable and skilled workforce, they often forget the vital role played by training and development of employees. When it comes to the question of a trade off between cutting costs and skill development, employers lean more toward the former.

Significance of Training

With overall changes occurring on a regular basis in all processes and technologies, and considering the future of any organization, it becomes inevitable to invest in need-based training in any business—as this is one way of improving values and ethics among employees. A few of the predominant factors that entail proper Training process are listed below:

• Performance & Productivity Improvement: Even if a team is equipped with skilled employees, the ability to adapt and acquire new skills and knowledge is vital for employees to conduct their activities more effectively—thus increasing productivity and retention rate
• Face Competition: Equipping employees with up-to-date procedures, tools, and technologies ensures that the organization stays competitive with peers while enhancing its values among employees
• Enhanced Morality: A positive frame of mind is developed along with effective training and enthusiastic participation of staff members—Encouragement earned with training boosts the morale of employees considerably, eradicating negativities
• Empowerment and Motivation: Today’s freshers are potential managers for tomorrow—employers who respond to needs of organizational members make it a point to drive and motivate them, aiding in their development as future executives and leaders

Benefits of Training & Development

Apart from increasing the general organizational climate and goodwill, training has been found to be a proven process to attain certain high values and to lift the reputation of the organization. 

A few have been listed below:

• Increase in Job Satisfaction
• Adaptability to new processes and technologies
• Motivation and harmony among employees
• Reduction in Employee turnover
• Efficient functioning and better financial position
• Innovative and exclusive practices

There are a number of training methods suiting to the specific industry and the nature of processes involved. Generally, considering factors such as technological needs, financial improvement, and workers welfare, effective training must be given in an encouraging manner for creating a positive impact among employees, increasing talent retention, and thus help the organization to progress.