PMI-PBA COURSE

Business Analyst is our new corporate colleague who is helping organizations

in three unique ways that no one else is capable of doing. She is (1) helping
organizations to visualize a to-be-solution without actually building the solution (2)
achieving that objective at a minimal cost and (3) providing a road-map to the
project manager. Information technology is the first industry that introduced
business analysis position at a large scale to bridge the gap between the business
owners and the developers in multi-million dollar projects. But subsequently, after
witnessing the contribution of business analysts, other industries followed suit.
Today business analysts are very common in industries such as Banking, Finance,
Insurance, Healthcare, Hospitality, Automotive, Aviation, Supply Chain, Retail etc.

Till today, there are no graduate or post-graduate business analysis programs

offered in universities (except a few in North-America). On the other hand,
companies in various industries have a huge demand for trained business analysts.
In the absence of trained manpower, the best bet for these companies is to go for
candidates who have decent business knowledge with analytical and communication
skills.
Though the academic system is not very responsive to this industry need, few notfor-profit associations came up to provide a structure to this emerging profession.
The pioneer among them is International Institute of Business Analysis (IIBA),
Canada established in the year 2003. IIBA through its Business Analysis Body of
Knowledge (BABOK) first gave a framework to this profession. It conducts
examinations such as CCBA and CBAP to certify professionals in business analysis.
The foundation chapters are Introduction, Underlying Competencies and
Techniques.

Business Analysis Body of Knowledge Version 2.0 consists of nine chapters. I would
group them into two categories. One is foundation chapters and the other is
knowledge areas. The knowledge areas are Business Analysis Planning & Monitoring,
Elicitation, Enterprise Analysis, Requirements Analysis, Requirements Management
& Communication and Solution Assessment & Validation. By mastering these nine
chapters one can claim that he or she has a thorough understanding of business
analysis framework and can effectively perform the business analysis role to a
perfection. Till 2009, academic credential or certification was not a necessary one to
become a successful business analyst. But subsequently with the popularity of CCBA
and CBAP certifications, the depth of knowledge and value exhibited by those
certified, companies started looking for candidates with these certifications.
Why to go for Certification?
1. Certification gives a framework of knowledge to the business analyst and adds an
academic credential that provides immense confidence while performing business
analysis.
2. Certification demonstrates that the individual has undergone a rigorous
assessment and acts as a benchmark in recruitment and client relationship.
3. It connects the certified to a worldwide community to keep abreast with the latest
trends in the profession.
About Author
Mr. Venkadesh Narayanan is the Principal Consultant at Fhyzics Business
Consultants Private Limited. He is a Mechanical Engineer and an MBA with over 20
years of experience in Consulting, Business Analysis and Process Improvement. Mr.
Narayanan is a former member of Indian Civil Services [IRAS 2000 Batch] and
served at Indian Railways, Larsen & Toubro ECC, Siemens (USA), Euro-Pro LLC
(USA) and Latex International (USA) prior to joining Fhyzics. LinkedIn Profile:
http://in.linkedin.com/in/venkadesh
He is also a member of several professional bodies and holds the below certifications:
Certified Business Analysis ProfessionalTM (CBAP), IIBA, Canada
Certified PMI - Professional in Business AnalysisSM (PMI-PBA), USA
Certified Professional in Requirements Engineering (CPRE-FL), IREB, Germany
Certified Business Process Professional, ABPMP, USA
Certified in Lean from Society of Manufacturing Engineers, USA
Certified in Six Sigma from Motorola University, USA
About Fhyzics:
Fhyzics is a leader in providing business analysis services and business analysis
training. Fhyzics helps organizations to establish Business Analysis Centre of
Excellence (BACoE) and to build business analysis capability. We are an Endorsed
Education ProviderTM of International Institute of Business AnalysisTM (IIBA),
Canada and Registered Education Provider of International Requirements
Engineering Board (IREB), Germany.