SoftEd Reboot Your Transformation Series: Intro to Business Value Analysis (Part III of V)
Agile is a great way to build solutions, products or software in a way to reduce waste, connect to need, and protect yourself for risk. But you still have to understand what to build. Several Agile teams are learning the hard way that their real value isn’t in following the science of the agile practices. It is about picking the right things to build for the right reasons. Without a strong Product Owner agile teams can start providing output that misses need or opportunities in much the same way waterfall projects.
Business Value Analysis looks at the way teams make decisions on what to build next. Usually this responsibility was left to the project sponsors (executives in the company) but the speed of change and the complexities of work systems is changing how decision on “what” are made.
This presentation takes a high-level look and provides professionals with a first step in understand the very esoteric concept of Value. It can mean many different things based on someone’s prospective or position. But this session will provide tangible ways to assess value and what critical thinking skills are used to support the decision process. On top of that this session will discuss how to look at business direction and connect it the work planning you do.
Understanding this critical topic is the key to long term product success especially at the program and portfolio level regardless of what methodology you use.
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