100 common risks for business analysis
 

100 common risks for business analysis

 

We fully understand the danger of writing this article.

Many of my learned BAs will jump to the conclusion that this is a futile exercise and hence not necessary.

Clients, projects, and teams vary widely, therefore there is no way that one can get a comprehensive risk list. 

What’s the point in trying to develop such a checklist?

To all those, I ask, “Why should we wear a seat-belt when there are hundreds of risks one faces while driving?”

We possibly can’t manage all risks, but some risks can actually be predicted and hence better managed.

Some of the major business analysis risks that I have come across in my career as a BA are:

(These are not in the order of priority- We can do that later).

  1. Lack of stakeholder engagement
  2. Uncontrolled changes
  3. Rapid changes in technology
  4. Fierce competition
  5. Inadequate planning
  6. Incomplete stakeholder list
  7. Silent stakeholders
  8. Incomplete non-functional requirements
  9. Stakeholder dis-agreement on requirements
  10. Lack of adequate details in requirements
  11. Stakeholder dis-agreement on priorities
  12. Non-availability of stakeholders
  13. Implicit requirements
  14. Changing scope
  15. Lack of adequate time for business analysis
  16. Lack of BA domain knowledge
  17. Stakeholders pushing through requirements
  18. Delay in stakeholder acceptance
  19. Lack of stakeholder domain knowledge
  20. Changing business environment

Fellow business analysts, I invite you to add to the above list. If together, we can come up with 100 common risks, it will be a great value for the entire BA community.

About me

I am passionate about improving business analysts careers.

If you like my posts please like/share/comment and spread the word in your network.

Would love to connect with fellow professionals.

About Adaptive US (Think BA. Think Adaptive.)

Adaptive US provides CBAPCCBAECBA and other business analysis certification training online and consulting needs for Individual or Corporate either online or offline. Adaptive US is an endorsed education provider of IIBA®

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Suggested reading-

Should BAs encourage requirements churn?

How to manage negative stakeholders? (Sorry you can’t shoot them)

Business analysis estimation – Theory vs. Practice

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