100 common risks for business analysis

100 common risks for business analysis

 

I 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. Incomplete stakeholder list
  2. Silent stakeholders
  3. Incomplete non-functional requirements
  4. Stakeholder dis-agreement on requirements
  5. Lack of adequate details in requirements
  6. Stakeholder dis-agreement on priorities
  7. Non-availability of stakeholders
  8. Implicit requirements
  9. Changing scope
  10. Lack of adequate time for business analysis
  11. Lack of BA domain knowledge
  12. Stakeholders pushing through requirements
  13. Delay in stakeholder acceptance
  14. Lack of stakeholder domain knowledge
  15. 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 a professional BA, trainer, coach, and author.

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

Would love to connect with fellow professionals.

You can also reach me at LN@Adaptiveus.com

 

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®

Learn more about this training here: http://www.adaptiveus.com. For more updates on courses & tips follow us on Facebook | Twitter | LinkedIn | Google+

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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