Preparing for pmi ba exam

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October 13, 2015 Welcome to Presented by Laura Paton MBA, CBAP ® , PMP ® , PMI-PBA ® , CSM “Great environment!” Anthony, Manager with IT infrastructure provider

Transcript of Preparing for pmi ba exam

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October 13, 2015

Welcome to

Presented byLaura PatonMBA, CBAP®, PMP®, PMI-PBA®, CSM

“Great environment!”Anthony, Manager with IT infrastructure

provider

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Upcoming Webinars for Project Managers & Business Analysts!

“Class was interactive and that kept my attention to learn more.”Michele, Business Analyst with property casualty insurance group

10/21/15How Business Analysts Provide Value in Today’s WorkLou Bergner

10/29/15Managing a Project with Your TeamLaura Gray

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E x p e r t I n s t r u c t i o n i n L e a d i n g T e c h n o l o g i e s

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“MaxTrain is still my favorite training provider.”David, Project Manager with non-profit hospital system

About MAX

Instructor-Led Training:

E-Learning:

Mentoring:

Customized Instruction:

Public, Private, Custom Classes, anytime, anywhere, anyway.

2 ways: Live, in-person, in the room with you or Live, virtually connected.

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Intensive, individualized or small group instruction.

To meet your immediate, targeted needs. Bring your team or we bring it all to you!

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“Thank you! Staff at MAX is outstanding!”

Jason, Business Analyst with IT infrastructure provider

Housekeeping

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About our speaker

“MAX has a great set-up for learning!”Bill, decision maker with IT infrastructure provider

Laura Paton MBA, CBAP ®, PMP ®, PMI-PBA®,CSM  Laura has over 30 years of progressive IT experience; 22 years in

Business Analysis, 10 years of it Project Management and 9 years overseeing BA resources, strategy, processes, standards and tools.

Over 9 years as a BA/PM instructor at both corporate and collegiate levels. International work with volunteer teams to advance the practice of Business Analysis to building standards, practice guides, and develop training and webinars.

BA Professional Development Contributions:Chair of BABOK® 3.0 (2010 – 2014)Project Manager IIBA® BABOK® version 2.0 Lead Author/Chair PMI BA Practice GuideBA/PM Instructor

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• Why PMI and Business Analysis?

• PMIs Products/Services in Business Analysis

• The PMI-PBA® exam

• Exam Eligibility

• Preparing for the exam

• PMI-PBA Prep Course

What We Will Discuss Today

PMI-PBA is a registered trademark of the Project Management Institute, Inc. 

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Why PMI is Addressing Business Analysis

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The Link->Requirements: Project Success

PMI has conducted extensive research and concluded per a 12 month period:

• 51% of completed projects finish within their initially scheduled times

• 55% of completed projects finish within their initial budgets

• 64% of completed projects successfully meet their original goals and business intent

• 16% of projects started are deemed failures

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[1] PMI’s Pulse of the Profession® : Requirements Management — A Core Competency for Project and Program Success August 2014

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• For every dollar spent on projects and programs, 5.1 % is wasted due to poor requirements management[1].

• 51 million dollars is wasted for every 1 billion spent on projects and programs due to poor requirements management [2] .

• Inaccurate requirements gathering remaineda primary cause of project failure 37% in 2014.This was up from 32 % since 2013[2]

[1] PMI’s Pulse of the Profession® : Requirements Management — A Core Competency for Project and Program Success August 2014

Business Analysis - a Core Competency

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Business Analysis Competency

• 74 percent of companies have a low level of requirements management maturity, resulting in missed deadlines, budget overruns and wasted resources [1]

• Companies with poor business analysis processes achieve their business objectives 54 percent of the time, while taking 35 percent longer to deliver [1]

[1] IAG Consulting. Business Analysis Benchmark – 2009: The Path to Success.

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Common Interests & Shared Goals

At the end of the day, both the project manager and business analyst share the same goals.

The success of the project!!

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The Importance of Business Analysis

A sufficiently run business analysis process results in...• Development of products/services

that meet stakeholder needs.• Ensures a more engaged project

team.

PMI’s Pulse of the Profession® : Requirements Management — A Core Competency for Project and Program Success August 2014

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The Importance of Business Analysis

Also, ...• Higher probability of delivering on time and

within scope and budget. • Solutions that deliver higher business value.• A repeatable BA process and competencies for

future initiatives.

PMI’s Pulse of the Profession® : Requirements Management — A Core Competency for Project and Program Success August 2014

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PMI’s Products/Services in Business Analysis

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Increased Focus on Business Analysis

• A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fourth Edition added the Collect Requirements Process

• A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition added the Project Stakeholder ManagementKnowledge Area

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PMI’s Products/Services In Business Analysis

2014:• PMI Pulse of the Profession® focused on Requirements

Management

• PMI launches the PMI-PBA ®

• PMI.org (webinars, papers etc.)

• Business analysis community onProjectManagement.com

http://www.pmi.org/learning/business-analysis-requirements-management.aspx

http://www.projectmanagement.com/Practices/Business-Analysis-Requirements-Management/

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PMI’s Products/Services In Business Analysis

2015:• PMI publishes a standard completely focused on

business analysis Business Analysis for Practitioners: A Practice Guide

• PMI and BA Times relationship

• Sponsor articles and webinars

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PMI-PBA Exam

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What is the PMI-PBA ?

• Stands for PMI Professional in Business Analysis

• Acknowledges the critical role that business analysis plays on programs and projects

• The certification recognizes and validates expertise in business analysis

• The exam covers 5 domains and business analysis knowledge and skills

• Piloted May 2014; Launched Q4 2014

PMI-PBA is a registered trademark of the Project Management Institute, Inc.20

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Development of the Exam

• PMI engaged stakeholders with strong business analysis expertise from a variety of industries (thought leaders and practitioners)

• SME developed - BAs, PMs, Systems Analysts, Systems Engineers etc.

• Role Based Focused – Role Delineation Study provided extensive research into the role

• What was obtained by research was validated heavily in the industry

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The Exam

• 200 multiple-choice questions

• 25 of the 200 are pre-test questions –unscored questions used by PMI to helpimprove question quality.

• Questions are presented randomly from question bank

• 4 hours to complete the exam

• The exam is preceded by a tutorial and followed by a survey. Each is 15 minutes in length but can be bypassed by the exam taker, if desired.

Pre-test questions - do not affect the exam score. They are used to test the validity of future test questions.

Source: PMI-PBA® Handbook

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PMI-PBA Exam Blueprint

• Domain 1: Needs Assessment - 18%

• Domain 2: Planning - 22%

• Domain 3: Analysis - 35%

• Domain 4: Traceabilityand Monitoring - 15%

• Domain 5: Evaluation - 10%

Source: PMI-PBA Handbook

PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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How Exams are Administered

• Exams are administered either electronically via computer-based testing (CBT) or through paper-based testing (PBT).

• CBT is the standard administration method for all PMI examinations .

• Paper-based testing (PBT) is only available for:• Candidates living at least 186.5 miles

from a Prometric CBT site or • Employers (Corporate Sponsors) who

wish to administer a PMI exam to theiremployees.

Source: PMI-PBA Handbook

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PMI-PBA Certification Fees

• Fees are determined by your PMI membership status and the type of examination pursued CBT or PBT.

• Must be a PMI member in good standing to obtain the discount e.g. membership active

• Fees:CBT Member $405

PBT Member $250

CBT Non-Member $555

PBT Non-member $400

Check the PMI-PBA handbook for further information on reexamination and certification renewal fees

Source: PMI-PBA Handbook

PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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Recertification

• Certification cycle starts the day you pass the exam • Rolling three year window • You are required to earn and report 60 PDUs in the three

year cycle • You are responsible for renewing and submitting the

required fees to maintain thecertification

• 1 year suspension period if thecertification lapses

CLIPART: EXAM OR RE-DO, REPEAT ETC.

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Exam Eligibility

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Eligibility Requirements

Applicants must meet requirements in four areas:

1. Educational experience

2. Business analysis experience

3. General project experience

4. Business analysis training

Source: PMI-PBA Handbook

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Educational Experience

• Minimally a high school diploma

• Higher education reduces the amount of business analysis experience required

Source: PMI-PBA Handbook

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Business Analysis Experience

With a high school diploma, associates degree or global equivalent

• 7,500 hours (5 years) working as a business analysis practitioner

With a bachelors degree or higherdegree or global equivalent

• 4,500 hours (3 years) working as apractitioner of business analysis

Source: PMI-PBA Handbook

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The hours demonstrated must be unique non-overlapping activities

• Experience must have been accrued in the last 8 yearsExample:

If you worked as a business analyst on two projects, Project A and Project B as follows: Project A: January 2nd – March 31st Project B: March 1st – May 31st

It is 5 months not 6!

Business Analysis Experience

Source: PMI-PBA Handbook

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• 2,000 hours working on project teams• Project experience can be inclusive of the 7,500 hours of

business analysis experience listed• Any business analysis experience that occurred within the

context of a project can be included• Experience must have been earned in the last 8 years

Important Note: Active PMP and/or PgMP credential holders are automatically considered as having fulfilled the general project experience requirements and do not need to demonstrate this experience on the PMI-PBA application.

General Project Experience

Source: PMI-PBA Handbook

PMP, PgMP, and PMI-PBA are registered marks of the Project Management Institute, Inc.

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• Project work must be recorded individually.• The 2,000 hours demonstrated must be unique non-

overlapping experience.

Note: The experience included as part of the business analysis experience requirement can count towards the general project experience as long as this experience occurred within the context of a project.

General Project Experience

Source: PMI-PBA Handbook

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Business Analysis Training• 35 direct contact hours (not self-directed training)• Hours must have been earned in the area of business

analysis practices.• Business analysis training can include topics covering

business analysis methodologies, principles and practices.• The training hours must be completed by the time the

certification application is submitted.• Training is eligible regardless of when it was accrued.

Training Requirements

Source: PMI-PBA Handbook

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* Inclusive of the 7500/4500 hours of BA Experience** Must be completed prior to the application

Note: Experience must have been earned in last 8 yearsIf you have a PMP or PgMP then your project experience is waived

Eligibility Requirements Summary***

35PMP and PgMP are registered marks of the Project Management Institute, Inc.

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Areas of Knowledge ComparedCertified Business Analysis Professional™ (CBAP®)Certification of Competency in Business Analysis™ (CCBA®)- Business Analysis Planning & Monitoring- Elicitation- Requirements Management and Communication- Enterprise Analysis- Requirements Analysis- Solution Assessment and Validation

PMI-PBA- Planning- Elicitation- Traceability & Monitoring- Needs Assessment- Analysis- Evaluation

CBAP ®/CCBA® exams are currently aligned to BABOK® Guide version 2 content

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CBAP® and CCBA® are registered certification marks owned by International Institute of Business Analysis (IIBA). This certification mark is used with the express permission of International Institute of Business Analysis. PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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CBAP®, CCBA®, PMI-PBA

CBAP® CCBA® PMI-PBA®

Experience

7500 hrs. of BA experience

/10 yrs.

3750 hrs. of BA experience

/7 yrs.

7500 hours/8 yrs. (HS degree) or

4500 hours over past 8 years (Bachelors degree)

Knowledge Area Experience

900+ hours in at least 4 BABOK Knowledge Areas

900+ hours in at least 4 BABOK Knowledge Areas

2000 BA experience across domains on projects or

programs

Education High School or College Degree

High School or College Degree

High School or College Degree

Professional Dev. 21 hours in past 4 years 21 hours in past 4 years 35 hours

Professional References2 (manager, client or

CBAP)2 (manager, client or

CBAP)None required

Code of Conduct Yes Yes Yes

Cost$125 Application Fee

$325 Exam Fee$450 if a non-member

$125 Application Fee$325 Exam Fee

$450 if a non-member

$405 exam fee$555 for non-members

Renewal Period 3 years/60 CDUs 3 years/60 CDUs 3 years/60 PDUs

37PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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Preparing for the PMI-PBA

PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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How to Get Started

• Review the handbook to determine eligibility

• If eligible, complete the online application

• Make payment

• Begin preparation

• Receive an approval letter from PMI

• Schedule your exam

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The Application Process

• Similar to other PMI certification applications

• The form is online

• Once you start there is a 90 day period to complete the application

• Approximately a 5 day turn-around process if using online application process

• Application process is fairly simple

• There is an audit process and if selected, there is a 90 day turn-around period to complete it

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Once Approved

• 1 year to take the exam from the time of approval• Take the exam up to 3 times in one year• Certification cycle starts the day you pass and is a rolling

three year window* You are required to earn and report 60 PDUs in the three year cycle* You are responsible for renewing and submitting the required fees to maintain the certification* 1 year suspension period if you don’t renew on time

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How to Prepare

• It’s experienced based• Body Of Knowledge (from PMI) doesn’t exist• PMI BA Practice Guide published in 2014• Reference List found on PMI website• Consider taking a Prep Course

http://www.pmi.org/certification/business-analysis-pba.aspx

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Reference Materials

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PMI Standard in Business Analysis

Business Analysis for Practitioners: A Practice Guide

• In depth perspective on business analysis

• Provides practical guidance through

• It is a PMI Standard

• Published in 2015

• Available through PMI, bookstores and online retailers

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Mapping of the Exam Blueprint to the Practice Guide

Exam Blueprint Business Analysis Practice Guide

Needs Assessment Needs AssessmentPlanning Business Analysis PlanningAnalysis Requirements Elicitation and

Analysis

Traceability and Monitoring Traceability and MonitoringEvaluation Solution Evaluation

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PMI-PBA Prep Course

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• Certification prospects who are planning to take the PMI Professional in Business Analysis (PMI-PBA)® exam in the next 3-6 months.

• Students who desire to learn more about the PMI-PBA certification process and exam.

• Any Certified Business AnalystProfessional (CBAP®) who is consideringobtaining a BA certification from PMI.

Target Audience for the Course

PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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The course is intended to:

• Provide an overview of the PMI-PBA certification exam.

• Assist students with establishing context and scope to prepare for their studies.

• Highlight key concepts and terms the studentshould review in preparation for the exam.

• Assess personal readiness.

Course Objectives

PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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The course is NOT intended to:

• ‘Teach’ how to perform the techniques or how to conduct the tasks presented.

• Remember that the PMI-PBA is an experienced based exam. Therefore the intent of the prep course is to:

• Bring together and review key concepts.

• Help students assess readiness by practicing exam questions.

Prep Course - Out of Scope

PMI-PBA is a registered trademark of the Project Management Institute, Inc.

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The business analysis tasks performed to analyze a problem or opportunity and to analyze the current state of the organization in order to determine which solution options if pursued, will allow the organization to meet its desired future state.

Needs Assessment

PMI, Business Analysis for Practitioners: A Practice Guide - 2015, Page 8.

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Business Analysis Planning

The business analysis “work that is conducted to define the business analysis approach and plan for the completion of the requirements-related activities necessary to meet the needs of the project.”

PMI, Business Analysis for Practitioners: A Practice Guide - 2015, Page 8.

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Requirements Elicitation/Analysis

“The iterative nature of the work performed to plan, prepare, and conduct requirements elicitation and to analyze and document the results of that work.”

PMI, Business Analysis for Practitioners: A Practice Guide - 2015, Page 9.

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Traceability and Monitoring

“The comprehensive set of activities for approving requirements and managing changes to requirements throughout the project life cycle.”

PMI, Business Analysis for Practitioners: A Practice Guide - 2015, Page 9.

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Solution Evaluation

“The business analysis tasks performed to validate a solution that is either implemented or ready to be implemented.”

PMI, Business Analysis for Practitioners: A Practice Guide - 2015, Page 9.

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Conclusion

• PMI-PBA is gaining momentum in the market• PMI is well known by organizations• PMI is strong/growing professional organization• Certification helps distinguish yourself• Provides professional development opportunity• Provides a common language across teams• Compliments PMP or CBAP®

PMP and PMI-PBA are registered marks of the Project Management Institute, Inc.

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