Apply Agile Methodology for Prudent IT Project Investments
Source: http://blogs.techrepublic.com.com/tech-manager/?p=685
Interesting… This is definitely something that a lot of us will have to consider over the next few months in order to ensure a high ROI for the customers, especially given their expected level of “I” (investment).
“In the world of agile project management, there is a concept that is often applied to project documentation, administration, and methodology: “barely sufficient.” This phrase relates to the agile philosophy that elements that don’t directly provide business value to customers need to be skinned to the bone — that is, minimized to the point that they are on the verge of, but not over the edge of, chaos.”
“..in this precarious economy. Ask yourself these three questions:
- What does the customer really need?
- What are the core value-generating elements of the project at hand?
- Which components can be stripped or minimized without significantly impacting the utility of the project at hand? “
Rick Freedman then goes on to recommend:
- No more costly bells and whistles
- Save money from start to finish
- identify projects w/ short term results
- maximize the value of their portfolio
- slice and dice new projects