Tactical Ideas for Agile Budgeting, Part 1

Too often, organizations want to budget for an entire year. The managers run around for two or three months in advance of that fiscal year, attempting to predict a ton of things: Estimates for not-well-defined projects or features, Capital equipment or tool needs, “Headcount” aka, people needed. Then, the organization doesn’t finalize the budget until …

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 …