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Business analysis is of critical importance to project management. If you are certified as a business analysis specialist, you can advance your career in a new direction. PMI Professional in Business Analysis (PMI-PBA) is one of the certificates that checks the competence of the individuals in this field. If you want to obtain the certification and prove your value in this realm, you need to pass one qualifying test.
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The Four Steps of the PMI-PBA Certification Process
1) Submission of application: after you have ensured that you are eligible for the PMI-PBA exam, you can create the application. Once you start this process, you don’t need to make everything in one go. The candidates are allowed to save what is already done and come back to it later. A maximum of 90 days is given to complete and submit your application.
2) Review of application: this is done in 5 days after which the selection process will be concluded and chosen applicants will be contacted with further instructions.
3) Audit process: if your application is selected, you will need to send the audit materials within 5-7 days after submission. /
4) Certification test: after a successful review by the PMI, you can then proceed to pay and schedule your exam. The exam can be taken three times within a year. Once you pass it, you will be certified as a PMI-PBA.
After earning your certificate, you are entitled to maintain it after the period of three years by attaining 60 Professional Development Units (PDUs). If you don't meet this target, the certification will be suspended.
Career Prospects
Passing the test and obtaining the PMI Professional in Business Analysis certification will open the gates to new opportunities in the field of project management. The certificate holders can consider various positions, such as a Business Analyst, a Corporate Development Transaction Services Specialist, a Loss Mitigation Business Process Analyst Supervisor, a General Manager, and a Professional Coding Business Analyst, among others. The average salary outlook is $95,000 per annum.
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The PMI-PBA exam covers five domains that are as follows:
1) Needs assessment: this section covers about 18% of the questions. It is about the understanding of the business issues and finding sustainable solutions to them. There are five types of tasks under this domain that are focused on problem and opportunity analysis methods, identifying the company’s needs, elicitation techniques, etc.
2) Planning: this domain constitutes about 22% and it is majorly about the preparation required to manage the business analysis within a project effectively. To fully understand this section, you need to master six areas such as choosing the right strategy, working with requirements, document control, business metrics, and others.
3) Analysis: this module covers about 35% of the test. It is dedicated to the requirements needed to manage a project or a product effectively. Main topics to become aware of involve dependency and interface analysis, decision-making techniques, writing the requirements specifications, etc.
4) Traceability and monitoring: this module takes about 15% of the questions expected in the exam. It emphasizes the activities connected to the management of the life cycle of the needed requirements. The topics one has to grasp here are the use of the traceability artifact, monitoring requirements and updating their statuses, the knowledge of communication methods, and others.
5) Evaluation: this involves the deliverability of the solutions offered towards a business problem. The domain takes about 10% of the exam and covers defining the gaps in using the solution, checking if it meets the requirements, and obtaining a sign-off, among the rest.
There are also knowledge and skills that will come handy during the exam. These include analytic tools and techniques, communication skills, political and cultural awareness, systems thinking, quality management, backlog management and many others.
Reference: https://www.pmi.org/certifications/business-analysis-pba
PMI PMI-PBA Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Analysis | 35% | - Requirements Elicitation - Modeling Techniques - Requirements Prioritization - Requirements Analysis - Solution Evaluation |
| Traceability and Monitoring | 15% | - Requirements Traceability - Requirements Change Management - Performance Monitoring |
| Planning | 22% | - Requirements Management Planning - Stakeholder Engagement Planning - Traceability Planning - Business Analysis Approach |
| Evaluation | 10% | - Lessons Learned - Solution Validation - Benefits Evaluation |
| Needs Assessment | 18% | - Current State Assessment - Business Problem or Opportunity Identification - Stakeholder Identification - Future State Definition |
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