Scrum.org

OCTOBER 9, 2018

The Agile Manifesto statement of “Customer Collaboration over Contract Negotiation” is less than helpful when it comes to writing contracts for projects to be worked in an Agile fashion. Contracting for Agile software development projects continues to be a major organizational impediment.

Software Developers 101

Software Developers Software Development Underperforming Technical Team Agile 101

Leading Agile

FEBRUARY 5, 2024

Today, we’re exploring what it looks like to transform the way your company finances itself in a new, agile world. Annual funding, long wait times for approvals, and all the read tape that goes along with that, aren’t as agile as the teams are. You still have ROI, you still have budget and actuals. So it’s very similar.

Finance 75

Finance Governance Government 2025 75

Agilemania

NOVEMBER 2, 2021

46% of the organizations reported inconsistencies in practices and processes as their main challenge with agile transformation. Source: 15th State of Agile Report. There sure is an Agile framework called SAFe. SAFe is a scaling agile framework, so referring to it as just an agile framework may not be appropriate.

Certification 98

Certification Agile Software Review Lean 98

Herding Cats

DECEMBER 30, 2017

One of the 4 summary root causes of project performance failures is Unrealistic Cost and Schedule Estimates based on inadequate risk-adjusted growth models. If you have no uncertainty, then estimates provide no value. One notion in a governance paradigm is It's Not Your Money . This can only be ignored on de minimus projects.

Estimate 61

Estimate Governance Government Risk Management 61

Planview

JANUARY 2, 2020

We facilitated a roundtable discussion of our customers at the 2019 Planview Horizons Customer Conference where enterprise agility in financial services organizations was discussed. Challenges arise when senior leadership has yet to adopt an Agile mindset, even if their teams have. Agile teams are largely self-governing.

2019 103

2019 Agile Lean Governance 103

The IIL Blog

AUGUST 16, 2023

Below, AgileDad explains why you need accurate financial projections for your business and offers some advice on how to create them: Why Financial Projections Matter Financial projections are a realistic estimate of your business’s future financial revenue and expenses, short-term and long-term. They are based on existing accounting data.

2023 78

2023 Estimate Finance Budget 78

Rebel’s Guide to PM

SEPTEMBER 22, 2021

” This doesn’t mean every project or program manager needs to be an accounting whiz but having a handle on project finances is indeed a make or break, “You have to try to keep within your numbers to deliver successfully,” Sol adds. Iterating the Budget in an Agile Environment. 5 Tips for Managing a Project Budget.

Budget 361

Budget 2015 Retail Governance 361

Herding Cats

MARCH 8, 2017

It's popular to speak about the Agile Manifesto and the 12 Principles of Agile. When we hear that the next big thing in agile is Not Estimating, let's look to see how those 12 Principles can be applied without those estimates? . 12 Principles of Agile. How estimates help implement these principles.

Estimate 35

Estimate Agile Sustainability Engineering 35

Herding Cats

JULY 16, 2017

The GAO Cost Estimating and Assessment Guide has 12 steps. There are not specific to Agile Software Development. Agile teams, for the most part, are a fixed set of resources, so the spending plan is essentially Flat. Again, this is the basis of Managerial Finance. But here's how they are connected.

Estimate 35

Estimate Agile Cadence Risk Management 35

Herding Cats

JUNE 18, 2017

There is a posted question at an agile conference. Can you make a decision without an estimate? Like many discussions in the domain of agile, the statement is made without any evidence that it is true, nor can even be true in principle. Don't assume, Estimate. This type of fallacy is common. . First a principle.

Estimate 37

Estimate Risk Management Finance Risk 37

Herding Cats

OCTOBER 5, 2018

Ranging from traditional to agile and combinations in between. There is a discussion of the conjecture that estimates are a waste, estimates can't be done, estimates are evil, estimates must be stopped immediately. Some colleagues have engineering or finance educations. In all cases, we start our work with.

Estimate 40

Estimate Engineering Software Engineering Software Developers 40

Herding Cats

NOVEMBER 22, 2017

Paul Boos has a post about estimating and makes a case for the Principles of when NOT to estimate. This struck a cord around a bigger topic - the inversion of estimating. When should we NOT estimate? Then on to the original conjecture for No Estimates from Paul's post. That is, to make decision with “No estimates”.

Estimate 34

Estimate Governance Government Risk Management 34

Scrum.org

JULY 24, 2019

While the Scrum Guide is mainly focused on the three roles, five events, and three artifacts, I aggregated quotes on specific topics as well, for example, on self-organization, finance or technical debt. Agility/ business agility. Accountability/ responsibility. Adaptation. Architecture. Collaboration. Complexity. Creativity.

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SCRUM Finance 2017 2018 126

Herding Cats

JULY 20, 2017

He doesn't know how - He doesn't understand how estimates fit into the process of business and managerial finance of product or service development. He doesn't understand why estimates are needed - He doesn't understand the impact on the business for not knowing how long, how much, and what will be produced for the time and money.

Estimate 35

Estimate Finance Manufacturing Risk Management 35

Rebel’s Guide to PM

JULY 9, 2021

The point of a business case is to help people come up with a timeline for the project and to help executives make the right decisions about finance. However, you aren’t necessarily going to achieve this from Day 1 because you need decent estimates and that takes effort. Agile Features. Let’s start with the timeline.

Software Review 392

Software Review 2021 PMO Project Life Cycle 392

Leading Agile

AUGUST 19, 2020

Agile isn’t ever really about Agile. In our Business Drivers of Agility webinar series hosted by LeadingAgile CEO, Mike Cottmeyer, Mike dives deep into six key business drivers to uncover how Agile can enable organizations to connect these drivers to better business outcomes. It’s about creating business outcomes.

Agile 100

Agile SCRUM Governance Government 100

Planio

APRIL 8, 2024

For example, rather than ‘Monthly Finance & Budget Report for Geoff Stelling’, summarize it as ‘Monthly Finance Reports’. Many organizations have meetings (such as Agile ceremonies ) that are fixed in the calendar for everyone to attend. To size each block correctly, we recommend the Planio Guide to Estimating.

Energy 88

Energy Software Review Underperforming Technical Team Finance 88

Herding Cats

NOVEMBER 3, 2016

Ranging from traditional to agile and combinations in between. Since all risk comes from uncertainty - reducible (Epistemic) and irreducible (Aleatory), estimating is a foundation of all we do. Paradigm of agile project management from Glen Alleman. . Some colleagues have engineering or finance educations.

Estimate 28

Estimate Software Engineering Engineering Risk Management 28

Herding Cats

JUNE 10, 2017

Let's look at what estimates are needed to answer each of the Five questions: Principle. Estimate Needed To Answer The Question. A core principle of Managerial Finance is Value cannot be determined without knowing the Cost to achieve that Value. . You can't apply risk management without estimating. Good question.

Estimate 40

Estimate Finance Risk Management Sustainability 40

Herding Cats

MARCH 17, 2017

This seems to be a lament from agile developers. A Scrum of people works very well when doing Scrum , but operations, finance, and accounting are not the same as writing software for money. A Scrum of cost accountants, planner, finance, and operations people is called Chaos. Here's a little story. This is how business works.

Finance 32

Finance Software Manufacturing Estimate 32

Herding Cats

NOVEMBER 21, 2018

There's a popular notion going around the agile community that says. This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development in the presence of uncertainty and scarce resources. Software Project Cost Estimation . we focus on Value and don't need to worry about Cost.

Software Developers 60

Software Developers Software Development Software Finance 60

LiquidPlanner

DECEMBER 10, 2019

With the popularity of Agile, Scaled Agile Framework (SAFe), and Scrum, organizations are asked to justify the project manager’s role on a project. I’ve had clients ask, “Why do we need project managers in the portfolio since we’re supposed to be Agile?”. However, don’t throw out the project management role just yet.

Software Review 137

Software Review Technical Review Development Team Review SCRUM 137

Herding Cats

AUGUST 27, 2017

There's a recent post titled Four Fallacious Reasons to Estimate. It lists the usual suspects for why those spending the money think they don't have to estimate how much they plan to spend when they'll be done producing the value they've been assigned to produce for that expenditure. Let's look at each one in more detail.

Estimate 46

Estimate Software Review Underperforming Technical Team Technical Review 46

nTask

FEBRUARY 9, 2022

A project budget management app allows you to keep your finances in check at all times. Keep An Eye On Your Growth: With project budget management software in hand, you can track the actual and estimated budget costs. With project finances insight, you can make better decisions for the future and increase your chances of success.

Budget 88

Budget 2022 Software Review Estimate 88

ProjectManager.com

MARCH 14, 2018

The project plan will include what resources are needed, financing and materials. Cost: Estimate the costs involved across the project and formulate a budget. Tasks: Identify what tasks are necessary to produce the deliverables, figure out if any tasks are dependent on other tasks. Identify Areas of Improvement with the Team.

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Process Monitoring Executing Closing 402

Project Pulse Journal

OCTOBER 7, 2023

and ensures that efforts and finances are focused where they're most needed, at the time they are needed (PMI, 2023). In short, a project team member will multiply the monetary value of each possible output by its respective probability and sum up the estimated cost of the products. Meredith & Mantel, 2009).

Risk 52

Risk 2009 2023 2017 52

NimbleWork

NOVEMBER 30, 2023

Traditional (waterfall), Agile (Scrum, Kanban, other) or Hybrid? Organizations and leadership understand the relative advantages and disadvantages of traditional and agile approaches – and are clear they need to move in the direction of agile. They are implementing Agile or Hybrid Agile methods judiciously where possible.

PMI 52

PMI 2023 Technical Review PMO 52

Herding Cats

MAY 8, 2016

ways to make decisions with No Estimates. can we make a decision in the presence of Uncertainty without making an estimate of the impact or outcome of that decision? What would be the evidence that we could make decisions in the presence of uncertanty without estimating the impacts and outcomes of those decisions? . Start here.

Estimate 28

Estimate Underperforming Technical Team Software Governance 28

Rebel’s Guide to PM

MARCH 14, 2021

What is a ROM estimate used for? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 459

Estimate PMO PMI Budget 459

Planio

MAY 8, 2023

In fact, the digital transformation market was estimated at a whopping $731.1 In the agile world, you’ll start your daily standups and complete your first sprints. Read more into IT project management, and you’ll see you can deliver these stages in different sequences depending on your project methodology — either Waterfall or Agile.

Technical Review 78

Technical Review Software Review Development Team Review Infrastructure 78

ProjectManager.com

FEBRUARY 26, 2019

According to healthaffairs.org , healthcare spending is estimated to account for a fifth of the U.S. Banking and finance is another traditional industry with ample room for supporting new product managers. economy by 2025, so it’s a growing and well-funded industry.

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Healthcare 2025 Certification 2018 285

Leading Answers

MAY 1, 2020

Neither black nor white, predictive nor agile, project managers are increasingly finding themselves in the gray area of hybrid project management. In project environments, the use of both predictive approaches and agile approaches results in a hybrid approach. Does it include finance, HR and sales?

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Agile Finance Executing 2020 88

Leading Answers

JUNE 14, 2018

Instead, we launch agile transformations, digital transformations and productization transformations.   Agile Transformations. The goal:  Agile transformations move organizations from working with traditional project management approaches to using agile approaches. Transformations are flavor of the month.

Technical Review 116

Technical Review Agile Lean Sustainability 116

Productivity Land

FEBRUARY 15, 2023

They’re crucial because project managers frequently ignore them when estimating costs or putting together bids. Set up a system to keep tabs on expenses The first guideline is to establish some sort of method through which you can manage your finances and keep tabs on your costs. These costs are still due.

Project Cost 70

Project Cost Technical Review Software Review Budget 70

nTask

DECEMBER 26, 2021

Keeping in view the steady increase in business process management, it is estimated that the market will be worth $13 to $14 billion soon. 65% do so to enhance efficiency and agility. 65% do so to enhance efficiency and agility. Finance summaries and budget management. 13 Best Agile Project Management Tools in 2022.

Software Review 78

Software Review 2022 Process Software 78

Herding Cats

MARCH 7, 2016

But Agile at Scale has a different paradigm than Agile at the Table. This is the basis of managerial finance and decision making in the presence of uncertainty - Microeconomics of Decision Making. The other 4 include Bad Estimates for the cost and schedule to reach Done. Scaling Agility - building an agile foundation.

Cadence 39

Cadence Agile Underperforming Technical Team Governance 39

Productivity Land

JUNE 7, 2023

Smartsheet is a cloud-based software platform that helps small businesses manage their teams and finances. Cost Estimation & Job Profitability Analysis : The ability to accurately forecast costs associated with any given project is essential in keeping projects successful while staying profitable.

Software Review 52

Software Review Technical Review Construction Project Life Cycle 52