A business analyst's role in an IT project is to ensure that all requirements of the client are captured and analysed. He should identify the key problems and pain points of the client and then recommend the most optimum solution so that the client's organization achieves its objectives. A business analyst has many other responsibilities as well -
Key Performance Indicators (KPIs) are certain criteria used to evaluate a team member's performance in an organization. KPIs are set after identifying the Key Result Areas (KRAs) of the team member. For example the key areas of work and achievement for a Business Analyst are capturing requirements, eliciting the key problems, recommending the solution, ensuring the solution built solves the issues of the client etc. KPIs for Business Analysts should be set around these key result areas.
It is important to set effective KPIs. Effective KPIs for a business analyst means they should be specific to his/her role, measurable, achievable and relevant to performance in the project and should adhere to a defined timeline. If the KPIs are not relevant to the role one is playing, it could lead to demotivation and frustration.
Based on the considerations mentioned above, here are some KPIs that should be set for business analysts to evaluate their performance fairly and effectively-
Talk to our expert career counselors who can guide you on making a career in Business Analytics
Do let us know how business analysts are evaluated in your organization and if you are happy with the KPIs set for you as a business analyst. What will you change in the process of setting and managing KPIs for business analysts in your organization if you had a chance?
Global Association of Risk Professionals, Inc. (GARP®) does not endorse, promote, review or warrant the accuracy of the products or services offered by EduPristine for FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP® is not responsible for any fees or costs paid by the user to EduPristine nor is GARP® responsible for any fees or costs of any person or entity providing any services to EduPristine Study Program. FRM®, GARP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Inc
CFA® Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by EduPristine. CFA® Institute, CFA® Program, CFA® Institute Investment Foundations™ and Chartered Financial Analyst® are trademarks owned by CFA® Institute.
Utmost care has been taken to ensure that there is no copyright violation or infringement in any of our content. Still, in case you feel that there is any copyright violation of any kind please send a mail to email@example.com and we will rectify it.
2017 © Edupristine. ALL Rights Reserved.