Why should an organisation hire a Business Analyst

Are Business Analysts required to ensure the success of a project’s execution?
Most people would answer “No” and say they have successfully completed many projects without a Business Analyst in their team. They don’t realize the value that a Business Analyst can bring to a project already in success.
What could have been done to reduce the overall cost? How could customer satisfaction have been improved? How could rework have been avoided? And so on ……
Many companies overlook Business Analysis because they assume it doesn’t require a separate role. My previous company included a Project Manager who also handles his role as a business analyst. When a project is reviewed, it is often discovered that the majority of problems were caused by a lack of understanding of the business perspective. This means that a lot more effort and time could be saved if the business needs were understood and considered from different perspectives. A Project Manager must be involved in many tasks. It is better to have a separate role for a Business Analyst to help understand the client’s needs and provide benefits to both the client and the supporting organization.
Here are some benefits of a Business Analyst position in an organization:
Business analysts don’t gather requirements if they assume there is a clear view from the business. A business analyst will analyze the benefits and impacts of the proposed solution. This will allow them to identify the best approach that will benefit the entire business.
As the business’s needs are fully understood, there will be a significant reduction in the amount of work required to rework the design.
Business analysts can uncover any hidden requirements using different methods to obtain information from clients.
The business analyst will conduct a detailed analysis of each aspect of the project to determine if it has any impact on reliability and costs.
A business analyst can conduct a detailed analysis and reduce the risk of implementation.
It is important to maintain a good relationship between the client and the business analyst.
Clear documentation of requirements can be used to guide throughout the entire project’s life cycle.

My previous company had a project manager and business analyst roles. They soon realized that they weren’t getting any benefit from this combination. The Project Manager had many other responsibilities and couldn’t find the time to analyze the client’s requirements. This led to a lot more rework and customer dissatisfaction. After careful review, a new Business analyst was hired to manage the project’s overall business perspective and maintain good relationships with clients. The next project was successful, and the team was happy that, despite the initial cost of the new role, there was an overall reduction in costs.
It has been proven that having a Business Analyst with the correct skills is a benefit for both the company and the organization. To reap the full benefits of the role, it is recommended to have a separate person and not combine them with other roles.

Logitrain offers the best Business Analysis Training Courses. For more information, please visit www.logitrain.com.au/ or call 1800 159 151.

Author: Victoria