Agile VelocityMike Cottmeyer from Version One has written an excellent blog post about Velocity, and the importance of management and teams taking a responsible attitude towards it…

Mike also describes the usual challenge in any business – where management need some sort of basis for funding a project, yet teams are really in no position to estimate the size of the project until they get into the work.

In some methodologies – for example RUP – there is an initial stage of the project (“inception”) to do some high level scoping before seeking approval for full funding. It’s also quite common in waterfall projects to complete the reuirements analysis before going on to request full funding. In these cases, only the initial stages need to be funded and then the team knows more by the time they ask for the rest of the money.

Effectively it’s a two-step approval process. Approval 1 gets the money for analysis. Approval 2 gets the money for the rest of the project, when more is known about the requirements and scope.

But in agile projects, this two step approach often doesn’t exist.

Although for large agile projects – especially those that require additional funding – this needn’t necessarily be the case. For all the same reasons, it’s entirely appropriate for an agile team to want some initial funding first, in order to learn more about the project before returning to request the full amount.

I wrote a little while back about how this could work, and the artefacts an agile team might produce with some seed money during the early stages of a project. In an ideal world, the team would at least secure enough funding to produce the Product Backlog, and complete a few Sprints to establish their Velocity.

Kelly.

Photo by Beat

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Six Actionable Nuggets of Advice for Becoming a First-time Technology NED

If the pandemic has taught companies anything it’s that tech is not something that you put off and think about ‘later’. The last year has seen organisations go through huge digital transformations, whether planned or otherwise. And for those that aren’t technology-based companies, getting the right board-level advice can not only be hard to find, but the difference between success

Read More »

Culture, Skills, and Capabilities // How to become a more data-driven organisation

In our whitepaper “How to become a more data-driven organisation”, we wrote about the five steps that an organisation would need to take, which are: Outcomes: Defining goals and metrics to ensure clear and measurable outcomes Analytics: Implementing and sharing the analytics to improve data-driven decision making Innovation: Testing assumptions through hypothesis testing and learning Data Platform: Gaining new insights

Read More »

Data Platform // How to become a more data-driven organisation

This is the fourth article in our series on “How to become a more data-driven organisation”, and we are going to be focusing on Data Platforms. It is at this point that most people start to dive deep into the technical aspects of Data Lakes vs Data Warehouses, but we want to bring us back up a level and ask

Read More »

Search the Blog

Agile Management Made Easy!

All About Agile

By Kelly Waters

“’Agile’ is one of the biggest buzzwords of the last decade. Agile methods often come across as rather more complicated than they really are. This book is an attempt to unravel that complexity. To simplify the concepts. This book breaks the concepts into small bite-sized pieces that are easy to understand and easy to implement and delivers the message in a friendly and conversational style. Allaboutagile.com is one of the most popular blogs about agile on the web. ”

Kelly Waters

Agile 101 is available to purchase. GAME ON!

Agile 101

Emma Hopkinson-Spark

“Whilst there are lots of ways you can vary the game depending on the teams you have and the learning outcomes you want, the basic flow of the game play is common to all.”
Emma Hopkinson-Spark

Why did we make the game?

How to play the game?

London

101 Ways Limited
145 City Rd
London
EC1V 1AZ
United Kingdom

Amsterdam

101 Ways BV
Weesperstraat 61-105
1018 VN Amsterdam
Netherlands

Contact Us

If you would like to get in touch with one of the team at 101 Ways, then please fill out the form below or email us at contact-us@101ways.com.