4.4 Agile Portfolio Management Flashcards
What is portfolio management?
Deals with which initiatives an organization should pursue and how to connect those to strategic goals.
What is the unit of decision-making in agile PM?
Products and epics
LSAD
Large-Scale Agile Software Development
What are three challenges in goal setting in LSAD
C1: External dependencies limit autonomous goal setting
C2: Prioritization conflicts between goals
C5: Unclear goals from higher levels
What are mitigation propositions for goal-setting in LSAD? Name two
M5 (addresses C1, C2): Goals from external stakeholders should be broken top-down along the Product Owner hierarchy to ensure consideration of dependencies and coordination.
M7 (addresses C5): Goals should be documented publicly for all actors and stakeholders to facilitate transparency.
What is one practical relevance of metrics?
- can help teams measure their performance to make decisions based on facts not feelings
Software metrics are attempts to measure or predict an attribute of one of the following entities:
- Processes (design or testing)
- Products (code)
- Resources (personnel)
What are attributes?
measurable characteristics of an entity
What is one potential conflict between traditional and agile software development?
Traditional approaches measure against a predefined plan. This contradicts the agile value of embracing change. Prescribed metrics and target values can limit team autonomy and undermine the agile way of working.
Name some characteristics of agile software development
- Enforcement of lean and agile principles
- Focus on trends not numbers
- Feedback on a frequent and regular basis
Do metrics play an important role in large-scale agile software development?
Yes. Especially at the program and team level. Less at the organizational level.
What is OKRS
Objective and Key Results
OKRs are a goal-setting framework used by organizations to define a certain set of objectives and measure progress toward those goals.
What is an objective?
An objective is what you want to accomplish. A good objective is significant, concrete, action-orgiented. Can be set annually or even longer-term.
What are key results?
Are how you will accomplish the objectives. Good key results are specific, time-bound, aggressive yet realistic, measurable, and verifiable. Can be set quarterly.
What is the Goal-Question-Metric (GQM) Approach?
Hierarchy structure starts with a goal. The goal will be refined into numerous questions before creating metrics for each question.