A Guide to the Business Analysis Body of Knowledge BABOK Guide Version 2.0 by IIBA and Kevin Brennan includes the definition of organizational targets, understanding how these targets hook up with particular goals, determining the programs of motion that a company has to undertake to realize those objectives and objectives, and defining how the varied organizational models and stakeholders inside and out of doors of that organization interact.
Business analysis is the set of tasks and methods used to work as a liaison among stakeholders with a view to understand the structure, insurance policies, and operations of an organization, and to advocate solutions that enable the organization to attain its goals. Business analysis includes understanding how organizations perform to accomplish their functions and defining the capabilities an organization requires to supply services and products to exterior stakeholders.
This book contains a description of generally accepted practices in the field of business analysis. The content included in this release has been verified through reviews by practitioners, surveys of the business analysis community, and consultations with recognized experts in the field. In less than five years, the BABOK® Guide has been recognized around the world as a key tool for the practice of business analysis and become a widely-accepted standard for the profession, with over 200,000 copies downloaded from the IIBA® website. Version 2.0 represents a major advance on that standard, and will become an essential reference for business analysis professionals.
The organization and structure of the new BABOK® Guide has been improved: techniques are described separately from the tasks within the knowledge areas. This makes each knowledge area simpler and easier to understand, and to apply useful techniques consistently across the knowledge areas.
Although we will probably never completely eliminate the role confusion between project managers and business analysts, the BABOK® Guide Version 2.0 clarifies the more contentious areas like stakeholder analysis and scope control; and, within almost every task within every knowledge area, the interaction between the business analyst and the project manager, along with other key stakeholders, is explicitly described.
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