Remove Estimate Remove Innovation Remove Lean Remove Process
article thumbnail

Return On Investment Vs Lean Agile Metrics for Strategic PMs

The Strategic Project Manager

However, the speed of change has made these methods less reliable – and ushered in a more lean-agile approach to metrics. This post examines the difference between ROI and Lean-Agile metrics, It identifies the key metrics of each, and the drivers behind those metrics. Value is delivered in small increments over time.

Lean 40
article thumbnail

Lean portfolio management

Techno-PM

The lean portfolio management is a new way to look at the old problem of balancing cost vs. value in product development projects. The use of Lean portfolio management agile has exploded in the last decade as more and more companies have found that it is a powerful tool for structuring their product development processes.

Lean 36
Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Didn’t we just say that a centralized PMO undermined LPM?

Lean 74
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. process, policy, practices, perceptions, etc.) Also known as continuous process improvement.

article thumbnail

Best PMI-ACP Exam Prep Books

Rebel’s Guide to PM

Agile Project Management: Creating Innovative Products by Jim Highsmith. Chapter 5 covers the agile project management model and then the rest of the book covers the process and project lifecycle in detail, with chapters on governance, scaling and performance measurement. Agile Estimating and Planning by Mike Cohn.

PMI 195
article thumbnail

The Illusion of Velocity

Scrum.org

Moreover, get an idea of how to start flipping outdated hierarchies and embrace the natural rhythm of productivity and innovation. ? Insisting on precise estimates in such scenarios leads to unrealistic commitments and, often, failure to deliver value, impeding the building of trust between teams and their stakeholders.

article thumbnail

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. People, not processes are what makes change happen. Then there is the human element.

Agile 277