What is involved in a gap analysis?

A gap analysis is a structured method that organizations utilize to assess the difference between their current performance and their desired performance. It involves identifying the "gaps" between where the organization currently stands, in terms of processes, capabilities, or results, compared to where it aspires to be. The analysis helps in recognizing specific areas that require improvement, resources, or strategic changes, enabling effective planning and prioritization of initiatives to bridge those gaps.

By conducting a gap analysis, business analysts can provide insights that drive decisions regarding project requirements and future improvements. This is essential in helping organizations align their strategies with their goals and objectives, ensuring that necessary actions can be taken to achieve desired outcomes.