Impacts of traditional project funding models on agile delivery

Kiron Bondale

In one of my previous articles I’d written about the need for change across multiple areas of an organization when undertaking an agile transformation. Now you might say that agile delivery approaches can work when we fix cost and time and let scope or requirements be the variable.

2018 156

Agile project management: A beginner's guide

Moira Alexander

If you're new to project management and the agile methodology, the answers to these 10 questions will arm you with the information you need to get started. And if you're a project management veteran, these frequently asked agile questions are a good refresher. What is agile? Agile is a project management methodology that uses short development cycles called sprints to focus on continuous improvement in the development of a product or service. Why is agile necessary?

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Improving portfolio management must be part of an agile transformation

Kiron Bondale

When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities. Agile delivery is not a silver bullet. Tagged: agile project management , Project Portfolio Management , resource availability.

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Operations, Finance, and Accounting for the Development of Software

Herding Cats

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. It's common to hear, projects are overhead, we just need to get the value to the customer as fast as possible. Anything getting in the way of them coding is seen as an impediment. .

Project Versus Product in Agile Development

Herding Cats

This quote is typically the basis of proposing agile software development over traditional software development. What Does This Mean for Agile? . Agile shouldn't care. Agile produces useful working software at the end of every Sprint.

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12 Principles of Agile with and without Estimates

Herding Cats

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. This is basic managerial finance when spending other people’s money. Technical excellence and good design improves agility. NoEstimates Agile Estimating

Accountability on a Agile Software Development in the Presence of Governance

Herding Cats

One of the principles of agile development is self-organizing teams. In this Role (like all members of Agile teams, the PO is a role, not a position) the business value stream is conveyed from the business to the development team through the Product Roadmap and Release Plan.

How to Become an IT Project Manager

What About Scrum, Agile and Other Certifications? Jennifer added that some people ask her how Scrum and Agile or other certifications fit in. While it’s true that Scrum and Agile are often thought of in terms of managing IT projects, that’s not always the case.

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The Truth About Transformations

Leading Answers

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.

2018 52

Talent Management of The Future

Leading Answers

First, what works well for agile teams. When we read through this list anyone familiar with the agile mindset will likely see connections to agile and lean values. Agile Teams. Agile approaches recognize it is people who add value.

2018 68

Making Better Business Decisions with Continuous Planning

Arras People

Here’s Carina: Improve Agility Through Continuous Planning. 66% with integrated plans can respond with more agility to changing business environments. First, you need to open up a dialogue between the business functions – including finance, the PMO, and other lines-of-business.

What Are the Advantages of Waterfall Project Management?


The Basics of Agile Process Management. Agile management is all about providing a framework for building systems that allows plenty of room for interaction, customization, and frequent updates. Use a Tool That Can Do Both Waterfall or Agile.

Project Management Keywords in CVs

Arras People

In role you will be working with a third-party development agency, and in an Agile environment and take on the responsibility of leading this delivery. We all know how ‘modern’ recruitment works in the UK. Keywords. Keywords are king. They have to be.

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Project Management Processes & Phases

The project plan will include what resources are needed, financing and materials. For example, the HR department might have very structured phases carried out with old desktop software, while the marketing department might be using Agile strategies with modern online software.

Plotting a Course for Work and Resource Management Success

Arras People

Yet, many are still hesitant about adopting work and resource management, and must change their mindset about how work gets done before they may achieve greater agility and alignment.

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Five Professions That Make Great Project Co-ordinators

Arras People

They know that the customer is at the centre of everything – so at least they have some of the Agile philosophy already! Finance. I recently held a project management careers clinic with someone who was wanting to get into a project management role.

2017 202

Operational Excellence: Your Company’s Future Depends On It


They’re borrowing from agile methodologies and figuring out how to scale these processes across their large teams and across their companies. AI and agile) to establish a new norm in Operational Excellence. . Agile Isn’t Enough. Agile isn’t equally good for all projects.

Free project management certifications

Moira Alexander

Agile Software Development - goes over fundamental agile concepts to enhance your software development skills. Project Risk Assessment - a self-paced course on how to conduct risk analysis of different projects using both conceptual and practical developments in modern finance. Business Management - covers how to master the essentials of managing a successful business including accounting, finance, marketing, operations, people management, and strategy.

Fallacy of the Week

Herding Cats

This decision is a Managerial Finance process operating in the presence of the Microeconomics of decision making with all the uncertainties of the market, development cost and of course risk created by uncertainty. That statement violates the principles of Microeconomics, Managerial Finance, the Probability and Statistics of decision making, and common sense. Five Different Decision-Making Strategies That Don't Need Estimates. This is from a #Noestimates presentation.

The 3 Steps to Take When Failure is Not an Option: Getting to Impeccable Business Execution

Girl's Guide to PM

Iterate to create agility. Agile and Scrum serves exactly that. Our business execution will never be perfect – but we can teach our teams to be Agile. Joel “Thor” Neeb will be speaking at the Agile and Scrum Virtual Conference, going live on May 4 th.

The Origins of Scrum and Empirical Closed Loop Control

Herding Cats

Agile in name only. scrum, not agile. There's a recent paper " What Lessons Can the Agile Community Learn from A Maverick Fighter Pilot? " In our Software Intensive System of Systems domain, this is the definition of Agile we use from the now-Secretary of Defense Dr. Carter.

Antifragile, Macro and Micro Economics and the Misuse of Terms (Again)

Herding Cats

The books of Taleb are focused on the Macroeconomics of public finance and the institutions that serve them. 1] The agile community that uses Taleb's work in their advocacy of software development techniques appears to have confused macroeconomics with microeconomics. .

2018 39

Why Johnny Can't Estimate?

Herding Cats

Ranging from traditional to agile and combinations in between. Paradigm of agile project management from Glen Alleman. . Some colleagues have engineering or finance educations. Agile is a highly procedural process along with more traditional development methods. . This book is a practical guide to estimating and planning agile projects. . The book speaks to why conventional planning fails and why agile planning works. NoEstimates Agile Books Estimating

Looking to Improve Project Performance - Check Out these PM Tools and Services for Better Results

Brad Egeland

Try MindGenius for 14 days free Viewpath PROJECT SCHEDULING Organizations of all sizes are under intense pressure to improve the speed, accuracy, and agility of their project management and capacity planning processes, while also balancing the related risks and costs of these endeavors.

2018 156

Revisiting the Double Pendulum Problem

Herding Cats

Why is this an issue in the management of agile software projects? In the same way the original posters of #NoEstimates state their case that decisions CAN be made without estimating, when in fact that violates microeconomics, managerial finance, and several other principles.

2009 46

How to Estimate Any Software Problem

Herding Cats

Let's put aside for the moment the missing principles of managerial finance, probabilistic decision making, microeconomics of decision making, Real Options, Bayesian decision networks, and other decision making processes used in modern business when spending other people's money. This book was handed out by Jeff Sutherland at the State of Agile conference as an indication of how agile has come to represent sloppy thinking on behalf of many of its advocates. .

The Classic Misunderstanding between Principles, Practices, and Process

Herding Cats

Is this early work the same in form as Scrum, XP, or other Agile development methods? But of course, the Agile Manifesto is not actionable in any practical way, as the 12 Principles . A recent Twitter post make the false claim that.

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Managing Virtual Teams Successfully

The IIL Blog

The investment a team will make in a SMILE will vary based on the following factors that can be thought of in terms of the competing demands: Cost: How much it will be to finance, i.e., one time vs. license fee if applicable. agile retrospectives). By Dr. Willis H. Thomas, PMP, CPT .

2018 55

7 Signs It’s Time for a New Project Portfolio Management Software


You also need to keep an eye on your resources and finances, and be able to generate clear evaluations or reports with just a few clicks. Your software must be able to react flexibly to changes in an agile environment, but it would be best for it to recognize changes in advance, and to act with foresight. A few years ago, a fellow banking consultant told me how he requested customer data when he started his training in the 1960s.

2018 54

Why Johnny Still Cannot Estimate

Herding Cats

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. Herding Cats: GAO Cost Estimating and Assessment Guide Applied to Agile. He looks for existing examples and just sees bad examples. . 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.

Deconstruction the #NoEstimates Conjecture

Herding Cats

This is likely not very useful on agile software development processes. Here are some other resources for the agile domain. Agile Cost Estimation. Cost Estimation in Agile Software Development: Utilizing Functional Size Measurement Methods.

2018 45

Decisions Without Estimates?

Herding Cats

There is a posted question at an agile conference. 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. Herding Cats: Risk Management for Agile Software Development Projects.

The Future of Digital Business: What Does This Mean for Project Teams?


The rest of the team is working with a programmer from the finance department, completing a new accounting system feature scheduled to launch that evening. Agile across the business. Project teams with Agile development experience will do just fine in a digital business future.

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Insider Perspectives on Recruiting With Ronald Yoon

Project Management Hacks

There are conversations with clients in Finance, Telecom, health sector, Government, IT and engineering. Candidates who are knowledgeable in DevOps, agile (both developers and project managers) and big data are in demand. How does recruiting work? What do recruiters want?

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

Project management methodologies – Agile, Waterfall, PRINCE2, PRiSM, Six Sigma, Critical Path, and many more. Scrum is an Agile framework that’s often used for product management or for software-industry projects. Agile. Maintain full control of resources and finances.

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The 20 Education Venues for Online Master of Project Management

Students are allowed to choose three elective programs based on their career goals, such as Management of Virtual and Global Teams, Agile Projects Management, and Foundations of Virtual Management Across Cultures and Geography. Managerial Accounting and Finance for Leadership. An online master of project management is one of the best investments one has in order to advance his or her certification levels or acquire one.

Same Same but Different †

Herding Cats

Much of the conversation in social media around agile techniques seems to be based on the differences between the variety of choices of a method, a process, or a practice and definitions of terms for those choices. Both agile advocates and engineered systems advocates practice innovation and creativity. Why are the core principles of managerial finance and the microeconomics of decision making in the presence of uncertainty rejected by the agile development community? .

Software Cost Accounting

Herding Cats

Agile will come next, but waterfall (and of course the term is no longer allowed in US DOD procurement, but it is an acceptable accounting term), provides the easiest framework for software development cost accounting. So Now What About Agile Development Processes.

Best project management software


Visual PM tools which only support Agile or Kanban. Agile using Kanban board or other visual work progress tools. Finance / budget management software (Quicken, Mint etc.). What is the best project management software for your team and your project?

Principles of Cost and Schedule Estimating

Herding Cats

Microeconomics of decision making with Managerial Finance and Behavioral Economics are all part of credible business management processes when spending other people's money. A longer bibliography of Risk Management on Agile Projects. .