Essential Business Analysis Package

Unlock Insights and Drive Success with Expert Analysis and Clear Deliverables

Package Overview

Our Essential Business Analysis Package provides the business analysis and artefacts needed for project success. It is designed to deliver comprehensive insights, actionable artefacts and recommendations. This package is valid for six calendar months from the contract start date. While we aim to deliver within 3-5 months, we understand that flexibility is sometimes required to accommodate your specific needs.

Overall Benefit of the Package

This comprehensive package ensures that the operations relevant to your project are thoroughly analyzed and optimized. By defining processes, clearly identifying pain points, gathering detailed internal and externally imposed requirements, leveraging data analytics, identifying and bridging gaps, you gain a thorough understanding of your business landscape. The final report ties all the elements together, giving you a clear view of the current state and recommendations for improvement. This structured approach minimizes risks, improves coordination, and sets a clear path for achieving your business objectives, ultimately leading to enhanced operational performance.

By knowing exactly what the deliverables will be and their respective costs, you can budget effectively and ensure all critical aspects of your business analysis are covered without any unexpected expenses. This transparency and structured approach provide peace of mind and confidence in achieving your business goals.

Total Price of the Comprehensive Project Analysis Package: £120,000

Package Inclusions

Package Validity

• Duration Validity: 6 calendar months from the contract start date.
• Delivery Timeline: Expected delivery within 3-5 months with flexibility as needed

Meeting Allocation

• Total Hours: Up to 16 hours of meetings.
• Purpose: These meetings are essential for building the analysis foundations. We provide recommendations for how these hours can be allocated, but you can tailor this to fit the unique needs of your organization and project

Tangible and Intangible Benefits

• We understand the significant value that outside expertise can bring to your organization. This package includes several tangible deliverables while the greater value often lies in the intangible benefits

Deliverables

Detailed Process Mapping

• Description: Create ‘As Is’ and ‘To Be’ process flows to illustrate the project-relevant parts of the current operation and the target operating model.
• Purpose: Understand your current processes, propose improvements to streamline operations, and enhance efficiency. Map the changed process as a result of new systems or change-driving factors such as new regulations

Thorough Requirements Gathering and Documentation

• Description: Identify and document business requirements through workshops, user stories, and use cases, encapsulating this in a Business Requirements Document (BRD).
• Purpose: Capture detailed business requirements and identify pain points to guide change specifications and ensure alignment with business objectives

Data Analysis

• Description: Leverage data flow and analytics to provide actionable insights and support decision-making.
• Purpose: Identify data-specific pain points and inform business decisions with data-driven insights. Specify changes to data flow, sources, and transformations to meet the target state model

Gap Analysis

• Description: Identify gaps between current and desired states, focusing on functions and data.
• Purpose: Provide recommendations for bridging these gaps

Reporting and Documentation

• Description: Compile a comprehensive encapsulating report with key findings, recommendations, and next steps.
• Purpose: Ensure all artefacts, such as the BRD, data specifications, process flows, findings, and recommendations are documented for use by your project and development team.

Suggested Allocation of Meeting Hours

Detailed Process Mapping (6 hours)

• Initial Kick-off Meeting (1 hour): Introduction to project goals, objectives, and key activities.
• Process Mapping Workshop (4 hours): Develop ‘As Is’ process flows through collaborative discussions.
• Review Session (1 hour): Finalize ‘As Is’ and ‘To Be’ process maps with stakeholder feedback.

Thorough Requirements Gathering and Documentation (5 hours)

• Stakeholder Interviews and Workshops (3 hours): Gather business requirements through in-depth discussions.
• Review Session (2 hours): Finalize user stories and use cases with stakeholder input.

Data Analysis (3 hours)

• Data Analysis Workshop (2 hours): Leverage data analytics for insights and create initial reports.
• Review Session (1 hour): Finalize analysis and reporting with stakeholder input.

Gap Analysis (2 hours)

• Gap Identification Meeting (1 hour): Identify gaps between current and desired states.
• Review Session (1 hour): Provide recommendations for bridging gaps with stakeholder input.

Reporting and Documentation (1 hour)

• Final Review Meeting (1 hour): Present and discuss the comprehensive report summarizing all deliverables and highlighting any remaining gaps.

Additional Resources

• Templates: Downloadable templates for all artefacts available on our downloads page

Pricing

Our packages are fixed price, and the charge schedule is based on the deliverables. Below is the detailed charge schedule which will be included in the contract. We quote our prices in GBP (Great British Pounds) as we are a UK limited company; payment in other currencies will be subject to currency conversion variations. The deliverables do not have to be in the order given; we can agree on an order that suits your organization bearing in mind that some deliverables require precursor deliverables.

Deliverables and Benefits

Detailed Process Mapping

• Price: £24,000
• Benefit: Understand your current processes, identify pain points and where they occur, and propose improvements for efficiency and effectiveness

Requirements Gathering and Documentation

• Price: £32,000
• Benefit: Capture detailed business needs to guide solution development and ensure alignment with business objectives. Encapsulate in a BRD (Business Requirements Document).

Data Analysis

• Price: £25,000
• Benefit: Provide actionable insights through data analytics, supporting informed decision-making and resolution of data pain points.

Gap Analysis

• Price: £20,000
• Benefit: Identify gaps between current and desired states, providing clear recommendations on how the gaps can be bridged for a smooth transition

Reporting and Documentation

• Price: £19,000
• Benefit: Comprehensive documentation of process flows, requirements, findings, and recommendations, facilitating informed actions and continuous improvement.