Agile Portfolio Management
Agile Portfolio Management is the application of Agile principles and practices to manage and align portfolios of projects, programs, and initiatives within an organization.
- Value-Driven Prioritization: Focus on prioritizing projects and initiatives based on business value and alignment with strategic goals.
- Continuous Planning: Ongoing, adaptive planning to accommodate changing market conditions and business needs.
- Decentralized Decision-Making: Empowering teams to make real-time decisions, reducing delays caused by hierarchical approvals.
- Lean Budgeting: Incremental funding and flexible budget allocation to support dynamic priorities.
Before diving into Agile Portfolio Management, it’s helpful to have:
- Basic Agile Knowledge: Understand Agile principles and methodologies like Scrum or Kanban.
- Project Management Experience: Familiarity with project management concepts and practices.
- Leadership Skills: Ability to lead teams and manage change.
- Strategic Thinking: Skills in aligning projects with organizational goals.
Top Challenges with Portfolio Management
The Multitasking Problem
Getting Initiatives Started.. Not DONE
Why We Need a Different Approach
Intro to Lean Thinking
Limiting Work In Progress (WIP)
Lean/Agile Portfolio Big Picture
Measuring Velocity
Capacity Planning
Creating an Enterprise Portfolio Grooming Team
Continuous Backlog Grooming
Setting Up Your Portfolio Tracking Kanban Walls
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