Business Analysis Training ROI & Cost Benefits

Pierson’s customers have found that they are able to capture 93 – 95% of the business requirements functionality by using a collaborative requirements method and by creating and validating paper prototypes with the business community.

Pierson has conducted studies with Hallmark, Amica Insurance, CarMax, Staples and the U.S. Department of Energy. The following time and cost savings were found:

  • 25 – 50% of time saved for requirements gathering
  • Use of a collaborative requirements approach saved 25% to 33% of time over the entire project or 3 – 4 months out of a year long project.

Pierson’s customers have all found that it is not just a cost savings but also getting it right the first time which decreases redesign. Redesign is very costly for companies. Pierson’s philosophy is also to strive for consensus based requirements in order to provide a key measure of success for better customer satisfaction.

You may find this informative also.  http://www.it-financeconnection.com/enterprise-systems/roi-success-through-business-anaysis/

About Joy Matthews

Joy E. Matthews is the cofounder and Vice President of Training and Consulting Services for Pierson Requirements Group, Inc., (www.piersonrequirementsgroup.com), founded in 1990. She is an Information Systems Specialist with expertise in implementing Iterative Development and Joint Application Development using many development tools. She is accomplished in business modeling and facilitation techniques. She has participated in all phases of Information Engineering systems development and Total Quality Management projects. She has successfully completed Business Process Re-engineering, Information Strategy Planning, Business Area Analysis, Functional Area Analysis and Business System Design projects for a number of organizations and is a certified facilitator. Joy trains the latest in UML and the use case methodology using JAD. She is an expert in JAD and UML best practices and industry standards. She is the co-author of Pierson’s repeatable development Methodology for Multi-Tier Architecture projects using Object-Oriented methods and JAD. Joy is the author of the JAD Facilitation and Requirements Gathering Seminar: A Process for Implementing Object-Oriented Projects. She is accomplished in Object-Oriented Requirements Analysis, Analysis and Detailed Design. She has facilitated and managed projects for all phases of the system development life cycle. Joy is the author of the following seminars: Requirements Gathering & Writing Seminar using Data Techniques, JAD, UML and Use Cases, Business Analysis Seminar, Requirements Gathering & Writing Seminar using JAD, Use Cases and UML, User Acceptance Testing Seminar, Requirements & Specifications Seminar, Facilitated Session Leader Seminar, Learning Use Cases and UML Seminar and Writing Requirements That Work Seminar. Joy can be reached at jmatthews@piersonrequirementsgroup.com
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4 Responses to Business Analysis Training ROI & Cost Benefits

  1. Chris says:

    This is very interesting.

  2. PM says:

    I have found that faulty or incomplete requirements are the reason for most project failures. It is the first thing I address when taking over a troubled project.

  3. Suzanne says:

    This is true for our organization.

  4. Faith says:

    Website is interesting and informative.

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