Chapter 2: Value-driven Delivery Flashcards
Agile Value Proposition
Visibility, Bus Value, Adaptability, Risk - assessing value via agile methods that are not seen in traditional dev
Minimize Wase, what are the types?
Partially Done Work
Extra Processes
Extra Features
Task Switching
Waiting
Motion
Defects
ROI
ratio of benefits received from an investment to the money invested in it, expressed as a percentage
Diff from NVP & IRR
NPV
Present value of revenue stream over a series of time periods
+NPV = good investment (higher the better)
IRR or “Discount Rate”
Internal rate of return means discount rate at which the projeect inflows & project outflows are equal
EVM
Earned Value Mgmt - a way of monitoring delivery of value while a proj is in progress
EVM benefit is a leading indicator for proedictioins on compledtion dates & final costs.
KPIs
Rate of progress, Remaining work, Likely Completion Date, Likely Costs Remaining
Anti-Value
Factors that can eorde, remove or reduce the value if they occur