Whether you are seeking a business solution or considering a new business opportunity, systematic planning and examination of alternative options is key to determining the best project investment path. This paper examines the step-by-step process – enterprise analysis – of identifying and analyzing potential solutions to a business need as identified by International Institute of Business Analysis (IIBA™). The enterprise analysis process elements are presented chronologically in six key steps:
Creating and maintaining the business architecture
Conducting feasibility studies
Determining project scope
Preparing the business case
Conducting the initial risk assessment
Preparing the decision package