Lean Portfolio Management Operations: An Agile Approach

Planview

This blog is part of a series on Lean portfolio management for the enterprise. If you haven’t already, we recommend reading: Part 1: What is Lean Portfolio Management? Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. In the first two installments of this series, we talked about the key elements of Lean Portfolio Management (LPM) and how funding practices must adapt to better support LPM initiatives. Lean-Agile Center of Excellence (LACE).

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Software Estimating Resources

Herding Cats

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. The reason for this resource page is the lack of understanding of how to estimate, the urban myths about software estimating, and the fallacies that estimating is not needed, when developing software, in the presence of uncertainty, when spending other peoples money. Estimating Probable System Cost,” Stephen A.

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Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. The same process for estimating is applied to multi-billion dollar projects we work. Here's some materials that provide the tools and processes needed to learn how to estimate.

Basis of Estimating Software Development

Small Business CEO

The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Here are some resources that will provide guidance to produce credible software development estimates, in both traditional and agile domains. Software Sizing and Estimating: Mk II FPA , Charles Symons, John Wiley & Sons, 1991.

How to Get Started with Lean Project Management

Teamweek

Lean project management sounds like a brand-new concept when in actuality it’s been around for over 40 years. Now, fortunately for project managers across all sectors, the lean philosophy is more widespread and making a difference in all sectors that value customer service. Origin of the Lean Philosophy. By taking an unprecedented step from mass to lean production, Toyota saw its manufacturing costs and lead time go down, and product quality and customer satisfaction go up.

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The Difference Between The Kanban Method and Scrum

Digite

Dave is a Principal Consultant at Depth Consulting Ltd, and Program Director of the KCP Program at the Lean Kanban University. The Kanban Method pulls a great deal of its values from a Lean value system. There isn’t really a “Lean Manifesto” but the works of Taiichi Ono and W. Edward Deming contribute to a common understanding of what it means to be a lean thinker. Scrum’s Sprint duration is a great innovation over the traditional approach to managing work.

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Roadmapping: An Essential Planning Practice to Deliver Outcomes

Planview

You should be able to continually assess portfolio priorities against capacity to determine which combination best advances the company’s growth, innovation, or transformational goals; and make investment decisions in the context of the overall portfolio of investment. Estimate the costs, benefits and revenue associated with each outcome. Lean and Agile PMO

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Top 15 Scaled Agile Interview Questions and Answers in 2022

Agilemania

It is a lean-agile principle that advocates maintaining quality is everyone’s responsibility and this helps in avoiding the costs of a recall, rework, and defect fixing as it passes through every value stream. It is part of the Agile Product Delivery competency of the Lean Enterprise.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. The notion (as suggested in the quote) of shifting from accurate (what ever that means) ways of estimating to reliability shipping be a date is not physically possible since the irreducible and reducible uncertainties are always present. All estimates have precision and accuracy.

Best PMI-ACP Exam Prep Books

Rebel’s Guide to PM

Agile Project Management: Creating Innovative Products by Jim Highsmith. Lots of things are at the heart of agile methods – it’s a very lean way of going about delivering results). Agile Estimating and Planning by Mike Cohn.

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Construction Delivery Methods: A Quick Guide for Projects

ProjectManager.com

Is the plan more innovative than functional? It’s often used in lean construction management to reduce waste and costs. A unit price book is a detailed and defined scope of work and estimate of costs for the job based on labor, materials and equipment costs.

Top Project Management Conferences of 2022

ProjectManager.com

There will be breakout sessions on using project management tools and techniques to help with more accurate estimates, how to keep projects on track and on evaluation of project performance. What to Expect: Sessions focus on agility, software engineering and lean business.

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The 18 Most Influential People in Project Management

ProjectManager.com

Thought leaders in project management have strong social media followings, are published authors, and are working as leaders for innovative companies and enterprises in the project management industry. He writes consistently on his blog about software development and lean, Kanban and agile development principles. Project management is an increasingly diverse field.

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What Is the Role & Responsibilities of a SAFe® Scrum Master?

Agilemania

They will need to work with the extended Scrum Master community, including Release Train Engineers and Solution Train Engineers, to increase the effectiveness of SAFe across the enterprise Embraces SAFe Lean-Agile Principles. SAFe embraces Lean and Agile principles making them very explicit.

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Enterprise Agility in Financial Services: Learnings from the 2019 Planview Horizons Customer Conference

Planview

Senior leaders provide space to innovate, but not how. Teams work closely with customers, both internal and external, to identify the root of problems and innovate to solve them. Compare this with the outcome-based approach of Lean-Agile practices.

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Industrial Psychology for Project Management

Rebel’s Guide to PM

This often ends in restructure because execs want to make the organisation lean and change the way people think. When it comes to innovation, they speak a good game, but when it comes to the actual innovation part of it, there’s no investment dollars there.

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Business Agility: What Is It & Why Is It Important?

ProjectManager.com

There are trends and systems that can calculate and estimate the likelihood of what is to come, but the reality is there are too many variables to make any such equation infallible. At the center of any business agility framework is innovation. All this is leading to your innovation hub , which are the people who execute the plan and are responsible for its success. This is founded on a lean execution that responds immediately to feedback without sacrificing quality.

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How to boost your career with simple time allocation tricks

International Institute for Learning

In the Lean project management methodology, anything that is not adding value is considered as waste. ” – John Earley, The Lean Book of Lean. By Karim Radwan, Founder of Impactus Consulting | IIL Consultant and Trainer.

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How to Write a Business Case

ProjectManager.com

In fact, in some lean or agile organizations, over-reliance on documentation is seen as a clear impediment to innovation and collaboration. Budget: This is an estimate of everything in your plan and what it will cost to complete the project over the scheduled time allotted.

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Develop Better High Performing Teams

ProjectManager.com

It’s not solely about the decisions of executives though, it’s also about great project leaders learning to run fast and lean while developing high performing teams that can deliver value to their organization. Let’s review the impact of high performing teams, highlight their principles, behaviors and competencies and share strategies from influential voices in our community on how to thrive in lean times.

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Top Agile Interview Questions and Answers (2022)

Agilemania

Innovation should drive design and implementation. Name the estimation techniques in Scrum. The techniques used for estimation in Scrum are-. Planning Poker Estimation . Disaggregation Estimation . T-Shirt Estimation Technique . Estimation by Analogy.

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2021 Online & On-Site Events for Project Managers

Epicflow Blog

January 31 — Beyond Agile Israel 2021 with this year’s topic “Agile Innovations” invites everyone who’s curious about Agile methodology to take part in the event.

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Project Portfolio Management Works for More Than Just IT

Meisterplan

Corporate Portfolio Management should be used for any area where discretionary expenditures and hence investments are occurring including advertising & promotion, innovation/R&D, operations, sales, IT, capital expenditures, etc.” It makes sense to keep things simple from the start, so I’ll briefly share the basics of the Lean PPM method many of our customers have found helpful. Once that is done, you can start the Lean PPM process.

Agile Metrics: How to Find, Use and Choose the Right One

Agilemania

Metrics in Lean Management: Lean metrics focus on keeping the value flow intact from the business to the customers and removing unproductive activities. It estimates the total speed of your value chain. “What are the metrics by which you measure your agile development process?”

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The Perfect Storm for The Project Economy

Mike Griffiths

Eric Ries documented his lean startup methodology in 2008 as a way for organizations to adapt and experiment with new ideas and perform market tests. As more people get connected and information becomes more freely available, innovation accelerates in a virtuous cycle.

2020 52

5 Strategies for Product Backlog refinement

Scrum.org

estimating the work in size and value. Estimating Product Backlog items. The Hypothesis Canvas based on Jeff Gothelf's Lean UX Canvas encourages Scrum Teams to explore problems creatively. Estimating Product Backlog items. Magic Estimation.

The Truth About Transformations

Leading Answers

They aim to instil lean concepts of respect for people, minimization of waste, and value delivery. If they were to finish, it means they are no longer innovating, improving or competing. Handoffs are very wasteful—they contribute to the eight lean DOWNTIME wastes…. From a budgeting perspective, estimating the burn rates and capabilities of stable teams is much more reliable than estimating how long a new vendor-based team will take to complete some work.

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How project management trends will change in 2020

Proofhub

2019 is the year when technology has started to revolutionize project management with innovative software. All three features are aimed at estimating and reducing risks in project management, which will be a growing trend in 2020.

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How project management trends will change in 2020

Proofhub

2019 is the year when technology has started to revolutionize project management with innovative software. All three features are aimed at estimating and reducing risks in project management, which will be a growing trend in 2020.

2020 78

Review: DevOps a business perspective

Henny Portman

Definition DevOps: “ DevOps is an evolution of the ideas of agile software development and lean manufacturing, applied to the end-to-end value chain in IT, which allows businesses to achieve more with modern information technology due to cultural, organizational and technical changes ”. Next, we get key facts and challenges of lean production and agile as the foundation for DevOps. Oleg Skrynnik wrote the book DevOps a business perspective.

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Product Backlog refinement: How far is too far?

Scrum.org

If your team is using hours to size PBIs, then the calculation of the ready story forecast would depend upon hour estimates. If the Product Backlog is refined too far out, it can become an example of lean waste. . The Product Backlog is one of the three Scrum artifacts.

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Agile project management- A tutorial

Binfire

The reason for this surge in popularity is quite understandable, the majority of projects benefit when managed using lean concepts promoted by Agile project management methodology. It was obvious to the group that iterative and incremental development based on lean principles is the best way to develop software applications. Project Estimation. How do you come up with project estimation in Agile world? Agile Fundamentals: Scrum, Kanban, Lean and XP by Learning Tree.

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The Truth About Transformations

Leading Answers

They aim to instil lean concepts of respect for people, minimization of waste, and value delivery. If they were to finish, it means they are no longer innovating, improving or competing. Handoffs are very wasteful—they contribute to the eight lean DOWNTIME wastes…. From a budgeting perspective, estimating the burn rates and capabilities of stable teams is much more reliable than estimating how long a new vendor-based team will take to complete some work.

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58 Product Owner Theses

Scrum.org

A Product Owner is an innovator at heart and thus a value creator for customers and organizations if given a chance to work in an agile manner. Product Owner Theses: Product Backlog, Refinement, Work Items, Forecasts, and Estimations. TL;DR: The Scrum Product Owner in 58 Theses.

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The 23 Best Project Management Books For Upgrading Your Career in 2020

Planio

However, while this book covers basics like estimating and planning projects, where it shines is in covering the soft skills of project management. However, instead of leaning heavily on theory, it uses real-world examples to illustrate how these scenarios play out.

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The Best 53 Project Management Blogs You Should Be Reading

Paymo App

What to expect: As a Lean and Agile project management expert, Corinna Baldauf shares her knowledge to help PM professional find and fix process problems. These podcasts focus on how Scrum, Agile, and Kanban can innovate project management as it shifts from its long gone traditional methods. Some of the other topics to help teams achieve results and deal with change include Scrum, growth, and Lean management. Adapting Lean Canvas for Portfolio Management.

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71 Scrum Product Owner Interview Questions

Scrum.org

A Product Owner is an innovator at heart and thus a value creator for customers and organizations if given a chance to work in an agile manner. Lean UX, Lean Startup, Design Thinking, or Service Design are other agile practices that are much better suited for product discovery than Scrum.

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Five ways to build consensus

Scrum.org

Buy a feature is an innovation game invented by Luke Hohmann where “players” - this can be team members, stakeholders, users and so on - are given play money and come together to “buy” the features they want. Five ways to build consensus. .

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Der NPS ®-Wert von SAFe ® ist -56 — Die Umfrageergebnisse ????

Scrum.org

Saddest is that given decades of UCD and HCD as our key processes, SAFe picked “Lean UX” to add to their model. Lean UX is neither Lean nor UX; don’t be fooled by the name. But you can see why SAFe liked Lean UX.

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Webinar Recap: Agile Series Part 1 – Understanding & Incorporating Agile Project Management

MPUG

And this is actually fairly huge because Microsoft just crossed over the $1 trillion mark in terms of revenue assets for the company and Amazon not far behind, also implementing agile in a global perspective to help them really kind of innovate and create a much more competitive of company and organization. Lean, we’ll talk about just in time or we think about continuous process improvement.

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