Remove Development Team Review Remove Estimate Remove Lean Remove Strategy
article thumbnail

How To Implement Lean Portfolio Management?

Agilemania

Lean Portfolio Management (LPM) involves connecting strategy to execution by using lean principles. Budgets are allocated to execute an enterprise’s strategy by portfolio management teams. Business agility can be improved by combining LPM and agile development practices. Review of strategy alignment.

Lean 98
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Agile team A cross-functional group of individuals (e.g., Product Owner, Scrum Master, Development team members) who work collaboratively to deliver value in an Agile project. Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Creating a Risk-Adjusted Backlog

Leading Answers

Prioritizing based on business value is an example of the lean concept of 'Taking an Economic View of Decision Making.' ' In deciding which feature to develop first, those with the highest economic value are selected. I do not think the teams have been weak at threat avoidance. The Economics of Risk Management.

Risk 145
article thumbnail

The Journey of Merging Scrum with Kanban in My Context

Scrum.org

When I started working with the team, they finalized a platform migration and were still struggling with a lot of remaining work. There was a climate of mutual blame between product management and the development team. As we have three weeks Sprints, the Development Team estimated an item as 1, 2 or 3.

SCRUM 112
article thumbnail

Is It Possible To Have Too Much Data?

Meisterplan

Or , imagine your company promised a customer a project would be completed in three months, but the development team in charge of the project estimates it will take at least six months. After this promise, a new customer comes along with a new project that only the development team can execute.

Lean 71
article thumbnail

The journey of emerging Scrum with Kanban in my context

Scrum.org

When I started working with the team, they finalized a platform migration and where still struggling with a lot of remaining work. There was a climate of mutual blame between product management and the development team. As we have three weeks Sprints, the Development Team estimates an item as 1, 2 or 3.

SCRUM 104
article thumbnail

ChatGPT Product Owner Job Interview

Scrum.org

Use your knowledge of Scrum, product management, project management, product ownership, product vision, product strategy, product discovery, stakeholder management, communication, alignment, and collaboration principles to answer the following questions of the interviewer. You want to get the vacant Product Owner position!

ChatGPT 146