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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10 Top Process Improvement Tools You Need to Create a More Sustainable Business

nTask

To generate a clear business case, organizations need to write business operations with sustainability in mind, which can be done by the following two steps: Document their business processes. Implement effective process improvement techniques for sustainability.

2021 90
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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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Review People Over Process

Henny Portman

Levine wrote with People Over Process – Leadership for Agility a very pragmatic and down to earth book about leadership and agile projects. In the third section we get an overview of some routine meetings like the daily scrum, demos, governance meetings and teleconferences. Michael K.

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

Digite

Several good books have been written on Kanban and its application to various business processes, especially to Scrum, since David Anderson published his original Kanban “blue book”. This book describes why students, parents, business leaders, major corporations, and world governments all see immediate results with Personal Kanban. If you want to improve or create the flow in your product development process start with this book! Are you new to Kanban?

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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.

Lean Change Management – 4 Years Later

Agile Coach

A friend of mine asked me on twitter what my 3 main things I’ve learned teaching my Lean Change Agent workshops and what the main takeaways from attendees were. First, How Lean Change Agent Came to Be. What started with the intent of telling a great story, spawned a global movement: ~10,000 copies of Lean Change Management have been sold factoring in all distribution channels. The inclusion of Lean Change Management in Harrisburg University’s change course.

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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.

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?

Preparing to Take On a Business Process Management Software

Wrike

Business process management (BPM) isn’t new. hours, there’s been a process-centric and customer-centric approach to improving business results. What is business process management, after all, but the methods and tools used to monitor, streamline, and improve business processes? Fundamentals of Business Process Management. You can’t go far into the definition of BPM without talking about what a business process is. How to map your processes.

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.

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. Shifting portfolio reporting from being a manual, onerous process to the automated consumption of information radiators.

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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. Moving from a project-based to a product-based funding model is a challenging people, process & technology change, but will be a powerful accelerator for your agile transformation. Agile Project Portfolio Management agile project management Change management governance

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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. It is in the rebranding of tradition lean metrics that I struggle to recommend the book wholeheartedly.

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

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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Beginner’s Guide to Kanban for Agile Marketing

Digite

But, for teams that chafe under the strictures of the Scrum process, Kanban can be a freeing alternative. Throughout the assembly line, “workers at each step in the process are not allowed to do work unless they are signaled with a kanban from a downstream step.”. Instead of using timeboxes to govern their work, as a Scrum team does, a Kanban team uses WIP limits. That upper limit then becomes a formalized piece of the Kanban process. Make Process Policies Explicit.

2018 93

Value stream mapping

Musings on Project Management

In the old days, we simply called it process mapping. 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.

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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. In fact, agility means flexibility, giving the PMO the ability to work with stakeholders to determine which parts of the process and practice need to change and which are fine as they are. Lean and Agile PMO

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Should Agile Teams Have a Definition of Ready?

Leading Agile

In The Dangers of a Definition of Ready , Agile thought leader Mike Cohn expresses a concern that is shared by many in the community: That by establishing strict rules about what information must be provided before a development team can take on a backlog item, we risk backsliding into a linear process model. ” These concerns remind me of something that happened many years ago when I was working for a State government.

2018 81

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

LiquidPlanner

So what processes and techniques will catapult your career and what are the areas that you can… overlook? In this article I’ll look at 5 project management techniques, processes and skills that you will no doubt have heard mentioned time and time again. But I think it’s more likely to be that business systems today are far more integrated, lean and systemized than ever before. What are the project management skills that you really need to focus on today?

2018 513

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." . The result was a safety stand down for everyone on the site (5,000 Steel Works), including all us office workers, to get the message about health, safety, and safeguards of the materials and processes on site. . Analytical Hierarchical Process .

Value stream mapping -- new or old?

Musings on Project Management

In the "old days", we simply called it process mapping. 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.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. There is naturally occurring variability from uncontrolled processes. Aleatory uncertainty is expressed as a process variability. This uncertainty is introduced by a probabilistic event, rather than a naturally occurring process. Federal Government, in support of OMB Circular A-123.”.

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

Meisterplan

You can have the best tool in the world, but without the right process, it will be worthless. For years, we have been discussing portfolio management processes with professionals around the world. 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. Try Lean PPM with Meisterplan.

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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. 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.

Transforming to an Agile Enterprise

International Institute for Learning

They realize the final solution and product can only be arrived at through a process of experimentation and use of iterative methods. 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.

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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. There are time reporting options for you – whether you work in a traditional, Lean/Agile, or hybrid world.

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5 Kaizen Principles That Underpin the Methodology

ProjectManager.com

But it’s not just applying to personnel, processes are also included. 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. Therefore, everyone in the organization is working towards removing any waste from their corner of the business while also in the process creating value. Everyone is part of the process.

2019 304

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. In the process, it consciously deprioritizes what I cannot work on now. 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 Management

2017 20

Role of the PMO: How It’s Currently Evolving

Planview Blog

This archetype is more concerned with command and control of governance and methodologies than achieving relevant business outcomes. The conventional role of the PMO is to establish a set of best practices and processes to ensure that projects are executed in a structured, repeatable manner.

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Differences Between a SAFe Scrum Master and a Scrum Master

Agilemania

SAFe defines the role of the Scrum Master is a servant-leader for the agile team who helps educate the team on various frameworks and methods, including Scrum, Kanban, Extreme Programming, and SAFe , ensuring that the agreed-upon agile process is duly get followed.

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

ProjectManager.com

Some of the ideas that find themselves in business agility came from the study of complexity science and the notion of complex adaptive systems, where a perfect understanding of parts of the process doesn’t translate into a perfect understanding of the whole system’s behavior. People, not processes are what makes change happen. This is founded on a lean execution that responds immediately to feedback without sacrificing quality. Businesses love nothing more than stability.

2019 299

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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Connecting Business with IT to Achieve Agility in the Financial Sector

Planview

It’s worth listening to Joaquim tell their story: How Santander transitioned from different companies working independently, to an integration of business with IT processes and KPIs under a single operating model. 5 questions and answers from an on-demand webinar with Santander UK.

2020 90

Project Management Methodologies 101: The What, Why, How, & Types Explained

ProProfs Project Management

Creating a winning formula for efficiently implementing business processes. A methodology is a framework of processes, methods, and practices that project managers employ for the design, planning, implementation and achievement of their project objectives. Lean Six Sigma.

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8 Project Management Methodologies Made Simple

Proofhub

Increasing visibility of work in progress to improve speed and quality of work Lean ?—?Streamlining Controlled project management made of principles and processes Let’s take a brief look at these methodologies and see how beneficial they can be for your organization. It consists of a set of principles that primarily focuses on the end-state in a process. Lean The lean project management methodology is all about delivering more with less.

2018 222

Review 10X Growth Machine

Henny Portman

The big idea is to build a second operating system (the Growth Machine) besides the “mothership”, facilitating a discovery-driven entrepreneurial way of working embedded in a system of processes, metrics and the leadership that nourishes it (note reviewer: compare Kotter’s Dual Operating System ).

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The Complete Glossary of 614 Project Management Terms

Workamajig

Acceptance Test: A process through which a project's end users run through the project to identify any potential issues before it can be formally accepted. Allocation describes the process for assigning resources for different project activities in the most efficient way possible.

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Healthcare PMO: BCBS Roundtable Exchanges Thought Provoking Ideas

Planview

It’s an exciting time as we go through the portfolio process. We are integrating the strategy process with our portfolio process and using Planview’s investment and capacity planning with the portfolio.” A healthcare PMO today must have a strong constitution.