I received an interesting notice this past week telling me about a new International Institute of Business Analysis (IIBA) initiative. The IIBA has joined forces with BPTrends, Object Management Group (OMG) and Queensland University of Technology, and Sandy Kemsley of Kemsley Design, to form the Process Knowledge Initiative (PKI) to steward the development of an open source body of knowledge on process management. PKI is a not-for-profit, collaborative industry and academic endeavor with the sole purpose of creating an open source body of knowledge on process management.
The driving force behind the IIBA decision to colloborate: business process management is one of the major forces shaping the future of business analysis. According to the results of the 2010 IIBA®/Forrester Research Global Survey of business analysis practitioners, 47% of business analysts are involved in process improvement projects, and two-thirds of BAs deal with process issues at least some of the time. This process knowledge could be used to build future extensions to the BABOK® Guide, certifications, and professional development programs.
Read more about it here.