Accounting for Agile Project Labor Costs In order to understand the capitalization of agile development expenditures, we should return to the definition of an “asset” and “capitalization,”. The three stages of an IT project can be applied to agile as well as waterfall-developed software projects. Accounting An asset is defined as a potential future economic […]
Agile project management vs Traditional project management Agile is a Different Philosophy Traditional project management : • Plan what you expect to happen • Enforce that what happens is the same as what is planned – Directive management – Control, control, control • Use change control to manage change – Change Control Board – Defect […]
PMI-ACP certification exam overview The PMI-ACP certification is intended for practitioners who work on Agile project teams but not just project managers. The PMI-ACP certification : • Measures a practitioner’s knowledge and skill in Agile principles, practices, tools, and techniques • Covers multiple Agile methodologies • Intended to cover use of Agile both in Information […]
PMI-ACP certification exam : formulas to know Agile Manifesto Values : If you don’t follow the four Agile Manifesto values “It Will Create Risks” or IWCR: I = Individuals and interactions over processes and tools W = Working software over comprehensive documentation C = Customer collaboration over contract negotiation R = Responding to change over […]
PMI-ACP certification exam : points to know What does MoSCoW stand for ? « MoSCoW is a prioritization exercise techneque based upon putting features in the following categories: Must Have. Should Have this if it is possible to get. Could Have this if it doesn’t impact anything else above. Won’t have this time but would like […]
Agile dictionary Adaptive – Frequently responding to changes and learning’s on a project by changing the plan, priorities, and/or approach. Agilists believe changes are good! Agile Methods – A set of development methodologies characterized by being iterative, adaptive to changes and learning, value driven, low ceremony, and encouraging empowered teams. BDUF – Big Design Up […]
Learning the PMI-ACP certification exam Tips to Prepare Review the current PMI-ACP reference list. Enroll in a formal study course. Review self-study books published by reputable training organizations. Communication elements : Information Radiators Team Space Agile Tooling : a minimal Agile tools is necessary Osmotic Communications Daily Stand up Meeting Planning monitorine and adapting : […]
Passing the PMI-ACP certification exam The PMI Agile Certified Practitioner (PMI-ACP)® formally recognizes your knowledge of agile principles and your skill with agile techniques. It will make you shine even brighter to your employers, stakeholders and peers. The PMI-ACP® is a fastest growing certification, and it’s no wonder. Organizations that are highly agile and responsive […]
Agile vendor management Vendor management approch The Agile Manifesto values customer collaboration over contract negotiation which sets an important tone for procurement relationships on agile projects. The Agile Manifesto sets forth the idea that a buyer and seller work together to create products and governs the entire procurement process. Determining need and selecting a vendor […]
Agile earned value management Variance and trend analysis Unlike traditional project management methods that evaluate risk and variance and trends in formal meetings, agile incorporates risk analysis and variance and trend analysis into iteration review meetings. Risk and variance and trend analysis may be performed in agile using information radiators, like a risk burndown chart, […]
Agile games / Innovation games The phrase innovation game refers to a form of primary market research developed by Luke Hohmann where customers play a set of directed games as a means of generating feedback about a product or service. The research is primary because the data collected is gathered directly from customers or prospects […]
Agile frameworks and methodologies FDD Feature driven development (FDD) uses a prescriptive model where the software development process is planned, managed, and tracked from the perspective of individual software features. FDD uses short iterations of two weeks or less to develop a set amount of features. The five step FDD process is: 1. Develop overall […]
Agile terminology (6) Internal and external factors When considering whether to apply new agile practices, several internal and external factors should be considered. Internal factors include whether the project is developing new processes or products; whether the organization is collaborative and emphasizes trust, adaptability, collective ownership, and has minimal or informal project management processes; the […]
Agile project stages 3 different stages : 1. The Preliminary Project Stage includes conceptual formulation, evaluation and final selection of alternatives. Generally, once technical feasibility and the business case analysis are completed, the project is ready for consideration for funding approval by a company representative with budget authority. After approval, the project team participates in […]
Agile prioritization The Agile prioritization is the relative ordering of user stories with respect to value and risk. An agile team must always face the prioritization of product features in its product backlog. From release planning to iteration planning, an agile team must prioritize the user stories/features of its product to ensure that high-quality and […]