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Measuring Success & Business Value - Jan 2007 |
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Written by Liz Barnett
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Tuesday, 09 January 2007 |
Happy New Year! At this time of New Year's resolutions, it's common to
see IT teams also starting their years with plans to improve work on
their software projects. We always see the headlines about project
failures and disasters; fewer companies want to risk giving away
secrets by divulging details on their successes. At the end of the day,
it's all about delivering value to the business. Yet only a small
number of IT organizations have begun to think about their projects in
this way.
In this issue of the Agile Journal, we look at different approaches to
measuring business value and success. How do you know if you
are improving? What is it that you should measure? Agile experts have
begun implementing some new metrics, alongside traditional project
management and development reporting approaches. Ross Pettit starts by
examining what business value really means, and how an IT organization
can approach measurement from this perspective. Todd Olson offers an
approach to determining project success and progress using a
finely-grained measure known as Active Time. Tamara Sulaiman has
developed AgileEVM, a twist on traditional Earned Value Management
applied to Agile projects. And Kirk Knoernschild proposes using Running
Tested Features to best monitor a project's progress. These are just a
few ways in which Agile teams can best communicate their success and
the value that they can deliver.
Agile metrics and business value is an important topic, and one that
we'll revisit during the year. And we're always looking for new ideas.
Is there a theme or topic that you'd like to see us focus on for an
upcoming issue? Would you like to contribute an article on this or
another upcoming topic? If so, go to the "Letters to the Editor" in the
forum at AgileJournal.com and send us your ideas.
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Editor in Chief
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