Abstract: Your team’s been trained to deliver new features a short time frame. You’re estimating your work using abstractions like “story points”. The predictability and quality of delivery has clearly improved. However, you still get asked every December to estimate year-long initiatives for annual budgeting. Something doesn’t make sense and you’re having a hard time explaining it to senior leadership.
Finance departments and PMOs are trying to invest wisely and mitigate risk. They need to understand what projects to fund and which to avoid and looking at big scary numbers. However, they’re still using the same methods they did before by mitigating risk with big plans and committed dates.
How agile can an organization be when the finance department is still thinking in large-batch fixed cost, scope, and time projects? In this session we’ll talk about how to mitigate financial risk and improve return on investment by working in smaller batches. Join us and learn how you can start forecasting!
Learning Outcomes: - How to determine which projects to manage with a predictive vs adaptive approach.
- A few new tools to make better business decisions about what projects to fund.
- How to use the tools to predict weather and the stock market to forecast project end dates
