Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

This blog is part of a series on Lean portfolio management. If you haven’t already, we recommend reading part one first, “ What is Lean Portfolio Management ,” which you can find here . In the first installment of this series, we discussed why modern enterprises need Lean portfolio management and the specific elements that make Lean organizations better equipped to compete in a rapidly evolving, unpredictable world. This is where Lean budgeting comes in.

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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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Governance that Goes with the Flow

Leading Agile

Structure, Governance, Metrics. After becoming acquainted with lean thinking, I started to notice things that I hadn’t really noticed before. One of the things that attracted me to LeadingAgile was the emphasis on structure, governance, and metrics. Governance, in LeadingAgile parlance, isn’t about regulatory compliance; it’s an umbrella term for all sorts of process and procedures. It’s the governance of all your work. Governance.

Top 10 Lean/ Kanban Books for IT, Software and Knowledge Work!

Digite

This book describes why students, parents, business leaders, major corporations, and world governments all see immediate results with Personal Kanban. This book comprehensively describes the underlying principles that create Flow and facilitate Lean Product Development processes, principles that have produced 5x to 10x improvements, even in mature processes. 31 pages, ET to read: 50 min, Published July 19th, 2012 by Lean-Kanban University). Are you new to Kanban?

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System of Delivery: An Intro to Our Governance Model

Leading Agile

Our governance model and team design may look a little complicated at first glance. In this presentation, our Chief Methodologist, Dennis Stevens will remove the noise and walk you through our governance model and team design to help you better understand the LeadingAgile system of delivery. When you first look at our governance model or some of our team designs, it might look complicated, it might look really busy. The governance model makes that actionable.

5 Governance Steps for Distributed Project Team Management

LiquidPlanner

Managing a distributed project team takes real skill and a definite commitment to putting a governance structure in place that enables success. Delivering Project Success via Good Governance. Governance is nothing more than how a project will be controlled to deliver intended outcomes. While a lot of effort can go into developing a viable governance structure, it doesn’t have to be that way on every project.

A Digital Service Canvas for Government and Enterprise

Scrum.org

He recognized that something like a business model canvas would offer great potential in an entrepreneurial, Lean Startup context. Whether you pitch a Business Model Canvas or a Lean Canvas, the outcome is usually the same in a large enterprise. It isn’t enough to coach an alternative which is less wasteful and better oriented to lean and agile practice. They can be quite different to those of a lean start-up or studio.

Efficient project governance should not be an oxymoron!

Kiron Bondale

Look up governance in Merriam-Webster’s dictionary and you’ll find this definition “ The way that a city, company, etc., is controlled by the people who run it “ This is certainly an appropriate meaning of the phrase when applied to corporate governance, but is not the most empowering vision for how projects need to be governed. Most staff would view governance as a necessary evil. So what should right-sized governance look like?

“Organize Around Products/Services” is a great addition to the Disciplined Agile principles

Kiron Bondale

The Disciplined Agile (DA) principles were recently refactored and as part of this refactoring, a principle was added: “Organize Around Products/Services” While it is just one of the eight principles, this new one aligns very well with lean thinking. Based on the strategic value of the product or service, governance leaders should be able to allocate a tranche of funding for a time period such as a quarter or a fiscal year.

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Impacts of traditional project funding models on agile delivery

Kiron Bondale

one sprint’s worth), but in most cases, project funding approval processes are not lean enough to encourage such behavior. Agile Project Portfolio Management agile project management Change management governanceIn one of my previous articles I’d written about the need for change across multiple areas of an organization when undertaking an agile transformation.

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Essential SAFe 4.0 – How is it Different from SAFe 4.0?

Digite

Lean-Agile Mindset. The biggest challenge that a large organization faces is an absence of a Lean-Agile mindset. is to train the top management and change leaders in Lean-Agile and SAFe principles. calls upon organizations to launch Agile Release Train (ART) for driving organizational change towards the Lean-Agile framework. Business Owners are Lean-Agile leaders of the organization with fiduciary powers and are critical to the success of a Scaled Agile initiative.

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Fika Stories 2 – The Policy-Debt Trap

Digite

Something is obviously wrong, but the good news is: it may not automatically mean that you’re doomed and that your organization is unfit to all Lean/Agile things (find a new job). Designing a kanban system, you put together a set of policies and rules governing what work you want to visualize, in which way, and how you want to manage it. This article was originally published on Lean-Agile Software Development blog and can be found here– [link].

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The Basics of Agile Transformation

Leading Agile

The process centers around forming teams, defining an Agile governance model, and identifying and baselining metrics the company cares about. This plan includes a working hypothesis for structure, governance, and metrics which we will progressively elaborate throughout the Transformation. At this point, structure, governance, and metrics will begin to solidify, and the organization will begin to establish an internal set of best practices.

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Review of Product Development Books

Leading Answers

Also, organizations that embrace the whole digital product view still need help governing the ongoing process. They describe the factors at play and provide ideas for guidance around planning, funding, staffing and governance. It nicely describes the team aspects of knowledge work and offers some good suggestions around funding and governance models. The framework employs a lean inspired set of metrics that include flow velocity, flow efficiency, flow time, and flow load.

2019 78

5 Ways to Become Agile: A Summary

Planview

One of the primary reasons for this disconnect is the fact that PMOs aren’t embracing different ways of working, such as Lean, Agile, iterative, and collaborative. Agile development also advocates self-governing, dedicated teams over individuals assigned to a project for faster, more customer-centric delivery. Part 2: Agile Transformation Requires Just Enough Governance. Adapt to a lean portfolio management approach. Lean and Agile PMO

2019 79

Should Agile Teams Have a Definition of Ready?

Leading Agile

” These concerns remind me of something that happened many years ago when I was working for a State government. One day, he wanted to attend a conference for blind government employees. Agile Teams Agile Transformation Lean Thinking Structure Teamwork Training Transformation

2018 81

Beginner’s Guide to Kanban for Agile Marketing

Digite

Instead of using timeboxes to govern their work, as a Scrum team does, a Kanban team uses WIP limits. Agile Marketing agile Kanban LeanWe’re honored to republish this blog post ‘Beginner’s Guide to Kanban for Agile Marketing’ by Andrea Fryrear which was originally published in the Agile Sherpas blog! In this article, Andrea explains the Kanban method in detail starting from its origin to its principles and its application.

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The Hawthorne Effect:Can You Hawthorne Yourself?

Leading Agile

Companies, governments, and such have always had a keen interest in squeezing as much work out of people as possible; you know, for building railroads , for agricultural work , and other things. I’m sure they are obvious to you, as well: Lean 5S. The Lean 5S thing comes from five Japanese words that have to do with setting things in order and keeping them that way. The idea comes from Lean Manufacturing, but it applies very well to software work , too.

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The Journey Towards Embracing Agile: A Holistic Approach for the PMO

Planview

It requires the PMO to reinvent itself from a central command organization to one that enables and empowers with “just enough” governance and an eye on a more product-centric approach. Part 2: Agile Transformation Requires Just Enough PMO Governance. For example, some elements of governance may still apply, but are adapted to various ways of working, like collaborative, iterative, Lean, and Agile. Lean and Agile PMO

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Preparing to Take On a Business Process Management Software

Wrike

Governing the usage of technology and software are the methodologies for managing business process flows. The frameworks include: Lean – a methodology that focuses on cutting out all waste in processes. Lean seeks to create more value for customers while using fewer resources. Lean Six Sigma – a hybrid method that eliminates waste so that processes are highly efficient, cost effective, and meet customers’ needs. Business process management (BPM) isn’t new.

DDSTOP The Saga Continues

Herding Cats

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . Iterative and incremental are standard practices from software development of large construction (Lean Construction). Satisfy the governance and oversight requirements of the firm providing the money.

The PM Skills You Can Forget About (And the Ones You Really Need to Know)

LiquidPlanner

But I think it’s more likely to be that business systems today are far more integrated, lean and systemized than ever before. However, some construction, industrial, and government projects especially in, for example, the defense industry, wouldn’t be able to function without the governance and oversight that EVA provides. What are the project management skills that you really need to focus on today?

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Value stream mapping -- new or old?

Musings on Project Management

Value stream mapping derives from the Lean community, where of course the focus is on leaning out non-value add. So, in value stream mapping, each activity, to include the workflow of authorization and other governance, and ancillary. Value stream mapping seems to be a new label on old wine. But nevertheless, the wine ages well. In the "old days", we simply called it process mapping.

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Does your PMO hinder or help your agile transformation?

Kiron Bondale

But many successful PMOs have evolved beyond governance and control to helping their company reach higher levels of organizational project management maturity, and increasing agility should be complementary and not contradictory to this pursuit. Examining their own operational processes and leaning them out as much as possible. Transforming heavy, gate-based governance to a metrics-driven, exception-based process.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Risk Management and Reliable Forecasting using Un-Reliable Date,” Troy Magennis, Lean Kanban , Central Europe, 2014. Federal Government, in support of OMB Circular A-123.”. NoEstimates Debunking Decision Making Estimating Governance Mathematics Principles Risk Systems TheoryThere was a Tweet two days ago from one of the founders of eXtreme Programming, that said. What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? .

Improving portfolio management must be part of an agile transformation

Kiron Bondale

If governance committees aren’t selecting the right projects which are in alignment with strategic objectives, and only kicking off as many projects as can be effectively staffed, it won’t matter how efficient, empowering or customer-centric the organization’s delivery practices are. When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities.

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Transforming to an Agile Enterprise

International Institute for Learning

The organization embraces a Lean culture. They apply Lean principles and embody the philosophy of continuous improvement. Everybody’s incentives are governed more by their contribution to overall customer value rather than their individual output. By Sandeep Shouche Most executives will hear the Agile buzzword and ask their teams to “do this agile thing.”. For many executives, Agile only means: Do it even faster than before. Deliver whenever I want it.

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Value stream mapping

Musings on Project Management

Value stream mapping derives from the Lean community, where of course the focus is on leaning out non-value add. So, in value stream mapping, each activity, to include the workflow of authorization and other governance, and ancillary activities, processValue stream mapping seems to be a new label on old wine. But nevertheless, the wine ages well. In the old days, we simply called it process mapping.

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Meisterplan at 2018 PMI Global Conference – Do Your Plans Work?

Meisterplan

We have used those conversations to develop our Lean PPM process. Our goal is to continually improve our Lean PPM process and to share what we learn and what we’ve developed with organizations worldwide who use or need PPM. Management or government interference hinders success. As always, we will take the information we gathered from these discussions and apply them to improving our Lean PPM method and our project portfolio and resource management software.

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Are you being (responsibly) transparent?

Kiron Bondale

They will also benefit if the higher levels of trust which result from increased transparency encourage enterprise groups to lean out governance requirements by focusing on the few outliers rather than punishing the majority. We might assume that transparency should be a given when delivering value through our projects so why is it that the actions of teams or the stakeholders supporting delivery don’t always demonstrate that basic hygiene factor?

2019 167

Turbo charge your productivity by combining Personal Kanban with GTD

Sudipta Lahiri

I got exposed to Lean thinking when we first started using the Kanban Method for our software development. Once we have submitted the application, we are waiting for the Government to do a physical verification of the person by the police (at least, in India). Uncategorized Agile GTD Kanban Lean Personal Kanban Personal Productivity Time ManagementPersonal productivity and time management tools/methods have always been a subject of interest.

2017 20

Are you an unbeliever?

Kiron Bondale

We always want to lead disruptive, innovative, sexy projects but just because you are working on a mandatory project doesn’t mean that your team members can’t express their creativity, especially in coming up with lean solutions to the minimal requirements. If so, this is the time to use your powers of influence and persuasion to convince the sponsor, governance committees and other decision makers to do the right thing.

2020 165

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

Planview

Even in organizations where teams were already practicing Agile, it was common for senior leadership to favor the more traditional portfolio management due to their comfort with detailed project plans and heavier governance. Agile teams are largely self-governing. Teams are now empowered to use Lean and Agile methodologies and enterprise Kanban to continuously improve their unique workflows. Compare this with the outcome-based approach of Lean-Agile practices.

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I have my Scrum Master certification—now what?

Strategy Execution | PMO Perspectives

Agile is moving beyond technology and is now widely used in financial services, government, and professional services companies. StratEx has developed a unique Lean & Agile certification program that is methodology agnostic and teaches best practices from Lean, Agile, and the emerging field of DevOps. In this program, students will learn how to apply the principles of Lean, Kanban, and Agile delivery to both their IT and non-IT projects.

Five expectations for agile tools…

Kiron Bondale

Without this, there is likely to be no consistency between product or project-based pods which will make it that much harder to enable a self-serve, lean governance and oversight model. Agile delivery does not mandate the use of software tools, but when scaling agile within large organizations with greater numbers of stakeholders, geographic distribution of pods, compliance requirements and similar enterprise challenges, tooling can improve efficiency and effectiveness.

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5 Kaizen Principles That Underpin the Methodology

ProjectManager.com

Since then, the implications have reached beyond industry and the kaizen principles have been used to help in healthcare, psychotherapy, government, banking and even life coaching. The idea of always making small improvements is not dissimilar to lean manufacturing, especially with the emphasis of eliminating waste. Kaizen, like a lean or agile approach, works with iterations. We all want to improve, or we should.

2019 304

Review: Introduction to Disciplined Agile Delivery

Henny Portman

DAD is characterized by the following aspects: Hybrid: combines Scrum, Agile Modelling, XP, Unified Process, Kanban, Lean, Outside-In Development (OID) and other methods. Complete: DAD includes advice how development, modeling, documentation, and governance strategies fit together. At a certain moment, after several releases, the release cadence was tightened, and their lifecycle evolved towards the lean lifecycle and the team stopped with sizing their work. Scott W.

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Capturing Actuals in 2020: Who Said Timesheets are Passé?

Planview

That said, finding the balance between tracking time, minimizing the loss of productivity (not to mention team morale), and layering in the right level of governance can be a challenge. You may be thinking that with more and more teams adopting Lean/Agile principles, a traditional timesheet just won’t cut it. There are time reporting options for you – whether you work in a traditional, Lean/Agile, or hybrid world. Automatic timesheets in Lean/Agile organizations (i.e.,

2020 67

Review People Over Process

Henny Portman

In the third section we get an overview of some routine meetings like the daily scrum, demos, governance meetings and teleconferences. the “self-governed team” agile principle is a valuable but incomplete concept. Michael K.

Connecting Business with IT to Achieve Agility in the Financial Sector

Planview

Joaquim’s response: The starting point was providing a governance framework that aligns the work of different roles to company objectives, KPIs, and cadence, with a good balance of rigor and flexibility. 5 questions and answers from an on-demand webinar with Santander UK.

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