The third task described as part of the strategy analysis knowledge area is to assess risks that exist in the context of moving into the future state or once the organization is in the future state.
As a business analyst, this is an important task to incorporate into your work because the business analyst is in a unique position to understand the business needs in detail as well as to have a broad understanding of the solution aspects being considered. This enables the business analyst to identify and assess risks during the course of an initiative. In this section, we will learn about the key elements to consider when assessing potential risks. We will address the key aspects of making suitable recommendations to stakeholders in terms of the best course of action once risks have been assessed for an initiative.
Let's start by understanding the purpose...