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Course Outline

Defining Business Problems

1. What is a business problem

  • Problem vs. symptom.
  • Business context of the problem.
  • Impact of an incorrect problem definition.

2. Problem identification techniques

  • Stakeholder analysis.
  • Information gathering.
  • Structuring observations.

3. Problem structuring

  • Breaking problems down into elements.
  • Cause-and-effect relationships.

4. Problem prioritisation

  • Business criteria.
  • Scale of impact.
  • Urgency and complexity.

Risk Assessment

1. Introduction to risk assessment

  • What is risk.
  • Operational, project, and strategic risk.

2. Risk identification

  • Sources of risk.
  • Internal and external risks.

3. Risk assessment

  • Probability.
  • Impact.
  • Risk matrices.

4. Risk responses

  • Avoidance.
  • Mitigation.
  • Acceptance.

5. Risk reporting

  • Communicating risk to stakeholders.
  • Risk monitoring.

 

Requirements

  • Professional Experience in business analysis, project coordination, or a leadership role involving decision-making.
  • Knowledge Level: A foundational understanding of business processes and project lifecycles (Intermediate entry level).
  • Competencies: Basic familiarity with logical thinking frameworks.

Audience:

  • Business analysts.
  • Project Managers,
  • Team Leaders, decision-makers.

 

 14 Hours

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