Defining and Creating a Business Analysis Center of Excellence

 The requirements for projects are often uncertain, and careful analysis is critical for the success of the project. The business analyst (BA) has emerged as a pivotal link in ensuring the successful specification of requirements to deliver effective business solutions and business process transformations. To be successful, a business analyst has to have the right set of skills and competencies; in addition, a standard methodology that includes templates for deliverables, processes, and tools must be available to guide the business analyst through the complexities and vagaries of a project. A Business Analysis Center of Excellence (BACoE) provides such a framework and is essential in increasing the maturity of an organization and consequently in reducing the risk of projects. By Dr. Martin Schedlbauer.