Today, on April 15, 2015, IIBA is releasing the highly anticipated BABOK® Guide v3. As the definitive guide and the internationally recognized standard for the business analysis profession, the BABOK® Guide is a comprehensive and essential tool for the practice of business analysis.
The launch of BABOK® Guide is one of the many ways that IIBA is supporting the business analysis community by providing access to the necessary resources, knowledge and insight. As one of the core products from IIBA, BABOK® Guide is used as a basis for almost everything that we do. Whether it’s developing certification programs and competency models, to developing our new strategic plan or restructuring our organization, the framework, techniques, and tools in BABOK v3 has helped guide our organization to practice what we preach by really putting the comprehensive guide into practice.
BABOK® Guide Version 3 introduces New Techniques, Perspectives and The Business Analysis Core Concept Model™
New techniques add to the business analysis tool belt:
- Backlog Management
- Business Model Canvas
- Collaborative Games
- Decision Modelling
- Financial Analysis
- Process Analysis
- Roles and Permissions Matrix
The Business Analysis Core Concept Model™ uses 6 key concepts to define a conceptual framework for business analysis.
Perspectives describe specialized ways which business analysts provide unique value to the enterprise.
BABOK® Guide was developed, reviewed and approved by the business analysis community. In fact, over 5,500 professionals voiced their positive support and insight during the development of v3.
The guide was set up so that additional content and insights can continue to be added in the future to reflect the dynamic and evolving nature of business analysis.