Cost Accounting is a Problem for Agile (and Knowledge Work)

The more I work with project portfolio teams and program managers, the more I understand one thing: Cost accounting makes little sense in the small for agile, maybe for all knowledge work. I should say that I often see cost accounting in the form of activity-based accounting. Each function contributes to some of the cost …

Using the Project Portfolio to Move to Incremental Project Funding

If you’ve started to use agile approaches to your projects, you’ve reaped the benefits of seeing completed work, reduced work in progress, and making project risks more transparent earlier. But there’s another benefit of moving to delivering work in smaller chunks: incremental funding for projects. Few organizations have embraced the idea of incremental funding. It’s …