Business Analysts can effectively minimise project costs when they possess competencies in: requirements elicitation (discovery); requirements prioritisation aligned to business value; and embedding project outcomes into business operations for implementation.
Accurate project planning is a characteristic of predictive lifecycle project. Lifecycle approaches are most successful for software projects that have well defined requirements, a familiar problem domain, stable technology, and a familiar customer.
Scrum is the world’s most popular approach for managing Agile projects. Planning, prioritising and completing project work in the Scrum Flow depends heavily on self-management, listening to stakeholder feedback and adapting to business change.
Project leaders know how to guide and motivate team members and stakeholders toward business goals. Leadership depends on emotional intelligence, conflict management, interpersonal skills, influencing, problem-solving and negotiation.
Project strategy encompasses the business-oriented skills and knowledge required to align the project product with business strategy. Key knowledge of benefits realisation, customer relationship and satisfaction management, and market awareness are the cornerstones of project strategy.