Agile Portfolio Management

The value of Agile Portfolio Management is about enabling a business to respond more quickly to rapidly changing market conditions.  It is about learning to deliver value for a project, product or program. This advanced agile training course teaches attendees how to apply Agile, Lean and Kanban Principles and practices to their portfolio planning and management.  Participants learn new and innovative methods for planning, prioritizing, sizing and managing their portfolio initiatives.  This agile course also covers planning around teams, measuring velocity and establishing a pull method from a portfolio backlog.  Portfolio activities help attendees apply concepts learned to their portfolios.

Objectives

• Apply agile, Lean, Scrum, Kanban and ScrumBan principles and practices to portfolio planning and management.  Participants understand Strategy Analysis and Solution options to manage their portfolios.
• Develop a new approach to enterprise capacity planning
• Implement a pull method from the portfolio backlog
• Use new metrics to measure success, such as velocity, flow efficiency, Lead time and cycle time.

Prerequisites

No prior experience is presumed.

Outline

Understanding Portfolio Management

Strategic Analysis

• Understanding the business value.
• Developing a Problem Statement
• Identifying Current State
• Determining Root Cause analysis of business objectives
  • Fishbone Technique
  • 5 Whys Technique
• Identifying Future State
• Stakeholder Identification and Mapping
• Identifying the Gap Analysis
• Identifying Risks in Strategy

Portfolio Management

• Understanding the holistic view of Portfolio Management
• Top challenges of Portfolio Management
• The multi-tasking problem
• Outcomes achieved with Successful Strategic Portfolio Management
• Are teams working on too many projects at once?
• Transparency, Inspection and Adaptation to deliver value
• Getting Initiatives Started – Not DONE
• Definition of Done
• Definition of Ready

Understanding the Frameworks around Portfolio Management

• Intro to Lean Thinking – 5 lean principles
  • Defining Value
  • Mapping the Value Stream
  • Creating Flow
  • Using a Pull system
  • Pursuing Perfection
• Understanding Scrum
  • Overview of the Scrum Framework
  • Key areas to inspect and Adapt
• Understanding Kanban
  • Limiting Work in Progress
  • Pull vs Push Concept
• Understanding ScrumBan
  • Differences between Scrum and Kanban
• Understanding Capacity
• Full time or Part Time Skill Sets on a Team

The new Role of an Agile PMO

Assigning Business Value to the Portfolio

• Identifying metrics of value
• Kano Method
• MoSCoW Method

Dependency, Risk, Sizing

Ranking the Backlog

• Risk
• Complexity
• Business Value

Understanding Velocity

Continuous Backlog Refinement

• Identifying User Stories
• Decomposing Epics, Features and User Stories

Setting up your Portfolio Tracking Kanban Walls