Hello everyone and Happy Memorial Day weekend! Did you know that version 3 of the International Institute of Business Analysis (IIBA) Guide to the Business Analysis Body of Knowledge (BABOK® Guide v3) is currently under public review around the world? Project managers and business analysts may want to join in and participate in the review period, which runs from May 12 to July 11, 2014. This is an opportunity to get a sneak peek at the new draft standard and provide feedback on its contents.
According to the IIBA, participants can review the entire document or focus only on their areas of expertise. The international, volunteer Core Team working on this revision is interested in your contributions.
In a nutshell, the BABOK® Guide v3 reflects the evolution and expansion of the business analyst role. Like it’s predecessor, this revised standard outlines the skills and knowledge business analysts need to create better business outcomes and drive business success. The IIBA website outlines the major changes made to the standard, which include the new Business Analysis Core Concept Model (BACCM). The BACCM uses six terms that have a common meaning to all business analysts and helps those analysts and other project team members discuss business analysis with a common terminology or lexicon.
The new revision also expands and adds five new views of where business analysts add value to the business and to its projects: Agile, Business Intelligence, Information Technology, Business Architecture, and Business Process Management. The techniques and underlying competencies of business analysts are also enhanced and updated.
To participate in this public review, please go to the IIBA website and link to the public review. I would be very interested in hearing your comments, opinions and suggestions about this latest version of IIBA’s business analysis standard. Please provide a comment on your reviewing experiences and your perspective on the changes, thanks!
If you are considering sitting the CBAP or CCBA certification exams for business analysts, check out our study guide (for version 2!) that can help you prepare to pass the test, the CBAP/CCBA: Certified Business Analysis Study Guide by Susan Weese and Terri Wagner! It’s a great place to learn more about each of the 6 knowledge areas and everything else you need to know to successfully pass the certification exam.