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

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

The term scrum was introduced in a “Harvard Business Review” article from 1986 by Hirotaka Takeuchi and Ikujiro Nonaka. It became a part of agile when Ken Schwaber and Mike Beedle wrote the book “Agile Software Development with Scrum” in 2001. Lean Methodology.

Insiders

Sign Up for our Newsletter

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

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. Backlog A list of tasks, features, or requirements to be addressed by an agile project manager or team and is often associated with Agile methodologies.

article thumbnail

How to Take Advantage of Adaptive Project Management

Project Pulse Journal

Lean Project Management Lean project management is derived from lean manufacturing principles and focuses on maximizing value by eliminating waste. Lean encourages continuous improvement through the iterative evaluation of practices and outcomes, promoting efficiency and effectiveness in project execution.

article thumbnail

Project Delivery through the Definition of Done

Project Pulse Journal

In traditional Software Development Life Cycle (SDLC) models, the DoD might be a phase completion sign-off, where a phase (like design or testing) is incomplete until all specified deliverables are reviewed, approved, and documented. This helps the project team define what needs to be delivered and prevent potential scope creep.

article thumbnail

Scrum Master Interview Questions (1): Scrum Master Role

Scrum.org

Product discovery using the Design Thinking, Lean Startup, or Lean UX frameworks help, but in any case, a good Scrum Master will want the Scrum Team to be a part of this process (whether by participating in user interviews or running experiments). There is greater respect among stakeholders for the product delivery teams.

SCRUM 230
article thumbnail

Why Agile is important?

Binfire

Some executives try to take a middle ground and make the development team Agile. An Agile organization is a lean organization which is able to respond to new events or challenges really fast, almost in real time. The characteristics of an agile organization are: Lean and flat structure; not more than 2-3 layers of management.

Agile 128