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).
- Lack of stakeholder engagement
- Uncontrolled changes
- Rapid changes in technology
- Fierce competition
- Inadequate planning
- Incomplete stakeholder list
- Silent stakeholders
- Incomplete non-functional requirements
- Stakeholder dis-agreement on requirements
- Lack of adequate details in requirements
- Stakeholder dis-agreement on priorities
- Non-availability of stakeholders
- Implicit requirements
- Changing scope
- Lack of adequate time for business analysis
- Lack of BA domain knowledge
- Stakeholders pushing through requirements
- Delay in stakeholder acceptance
- Lack of stakeholder domain knowledge
- 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.
I am passionate about improving business analysts careers.
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Would love to connect with fellow professionals.
About Adaptive US (Think BA. Think Adaptive.)
Adaptive US provides CBAP, CCBA, ECBA 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®