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Agile Portfolio and Project Management

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Written by CMC Media Staff   
Tuesday, 13 April 2010 01:00

Agile Portfolio and Project  Management - April  2010

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“In NASA, we never punish error. We only punish the concealment of error.” - Al Siepert

“You can only elevate individual performance by elevating that of the entire system.” - W. Edwards Deming

“Project management is like juggling three balls - time, cost and quality. Program management is like a troupe of circus performers standing in a circle, each juggling-three balls and swapping balls from time to time.” - G. Reiss

This month’s edition is devoted to Agile Portfolio and Project Management.

In the article, Insights From 2 Agile/Lean Product Development Industry Thought Leaders, Tom Mellor, Chairman of the Scrum Alliance Board of Directors and Ken Pugh, Fellow Consultant, Net Objectives, industry thought leaders and agile/lean product development experts, briefly share insights on their perspective with respect to agile portfolio and project management.

Johanna Rothman in her article Project Portfolio Decisions—Decisions For Now, shares with us in a masterful way, that one of the advantages of agile and lean approaches is that they make managing the project portfolio easy.

Alan Shalloway in his article Using Product Portfolio Management to Improve the Efficiency of Teams, offers us great insights about how overloading teams, regardless of how critical the features being developed are, greatly slows down the delivery of even well-selected enhancements and what we can do about it; to ensure we are iteratively and incrementally adding either commercial or operational value; frequently and without waste.

Masa Maeda in his article The Lean-Agile Prism: Going Beyond the Agile Triangle, shares with us his insights by discussing the traditional triple constraint triangle, the agile inverted triangle and the new agile triangle. He proposes going one step beyond the agile triangle by taking into consideration lean thinking and adding a fourth element to the agile triangle, specifically that of design, to form the lean-agile prism.

Joe Krebs in his article Honestly Agile, discusses in this article why soft skills factors, honesty and integrity are not only essential among team members, but also for entire enterprises including their portfolios.

Daniel Markham in his article Agile Project Management offers us some tips and tricks of estimating with an eye on why estimating projects sometimes gives people the fits.

Finally, Roman Pichler, in his article “Timebox your Project”, shares how fixing time and flexing functionality facilitates the emergence of requirements and helps create a steady innovation cadence.

Check out the future editions of the Agile Journal, as Mr. Pichler will share additional articles based on his book, Agile Product Management with Scrum: Creating Products that Customers Love.

Have a great reading experience!

Your agile buddy and editor,
Russell Pannone
Editor
Agile Journal


Featured articles...

Agile Journal April 2010

Insights From 2 Agile/Lean Product Development Thought Leaders
by Ken Pugh and Tom Mellor
Agile portfolio management is a step up on the fractal scale from story management. You need to break projects down into releasable chunks.  (Chunks may be called Minimum Marketable Features, Minimum Releasable Features, or something else).  Every chunk should be assigned a business value (by the business unit) and an effort value (by the developer unit).  You prioritize the chunks based on either the business value or the bang for the buck (business value divided by effort value, a measure of the rough return on investment).
Read More >>

Agile Journal April 2010

Project Portfolio Decisions—Decisions For Now
by Johanna Rothman
If you are anything like me, you have a to-do list a mile long. Because I work for myself, I have an integrated list of everything I need to do: projects for clients, books to write, articles to write, columns to write, presents to buy, house maintenance, clothes to organize, office cleanup. The list is long and never-ending.
Read More >>

Agile Journal April 2010

Using Product Portfolio Management to Improve the Efficiency of Teams
by Alan Shalloway
Product portfolio management has become an essential discipline for all development organizations that want to achieve enterprise agility. The repeated process of selecting, sizing, and prioritizing the work to be done ensures that their development teams are delivering the most valuable products and enhancements for the business’ clients. This is required for both external clients in the case of product companies and for internal clients in the case of IT organizations. However, the subject of this paper is another, possibly even more important, reason: avoiding the overloading of the organization’s development teams which greatly lowers their efficiency.
Read More >>

More articles...
Agile Journal April 2010
The Lean-Agile Prism: Going Beyond The Agile Triangle
by Masa K Maeda
Project management has contributed diverse triangles as it has evolved. From the traditional project triangle to the agile inverted triangle and, recently, the agile triangle. In this article, I am proposing going one step beyond  the agile triangle by taking into consideration lean thinking to add a fourth element, specifically that of design, to form the lean-agile prism.
Read More >>

Agile Journal April 2010
Honestly Agile
by Jochen (Joe) Krebs
Joe Krebs discusses in this article why soft skills factors, honesty and integrity are not only essential among team members, but also for entire enterprises including their portfolios. Many organizations transition to agile processes with high hopes and wishes.
Read More >>

Agile Journal April 2010
Agile Project Management: Part 2 of 2
by Daniel B. Markham
Estimating Projects give people the fits. On one hand, you have to know when things are going to get done and how much they are going to cost. On the other hand, estimating projects looks a lot like magic from the outside.

I've been successfully estimating and teaching people how to estimate projects for a long time, and if you’ve read Part 1 in this series, you're ready for some tips and tricks of estimating.

Read More >>

Agile Journal April 2010
Timebox your Projects!
by Roman Pichler
Traditional project planning techniques rely on a comprehensive, detailed and stable requirements specification as a prerequisite for creating a project plan. This approach is not only error-prone when dealing with innovative and complex products. It is also difficult to employ in an agile context, as not all requirements are known upfront and changing requirements are welcomed – rather than treated as an unwanted exception. This article describes an alternative project planning approach that flexes requirements but fixes time.
Read More >>



Last Updated on Wednesday, 08 September 2010 09:59
 
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