Chapter 2: Value-driven Delivery Flashcards

1
Q

Agile Value Proposition

A

Visibility, Bus Value, Adaptability, Risk - assessing value via agile methods that are not seen in traditional dev

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2
Q

Minimize Wase, what are the types?

A

Partially Done Work
Extra Processes
Extra Features
Task Switching
Waiting
Motion
Defects

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3
Q

ROI

A

ratio of benefits received from an investment to the money invested in it, expressed as a percentage
Diff from NVP & IRR

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4
Q

NPV

A

Present value of revenue stream over a series of time periods
+NPV = good investment (higher the better)

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5
Q

IRR or “Discount Rate”

A

Internal rate of return means discount rate at which the projeect inflows & project outflows are equal

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6
Q

EVM

A

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.

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7
Q

KPIs

A

Rate of progress, Remaining work, Likely Completion Date, Likely Costs Remaining

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8
Q

Anti-Value

A

Factors that can eorde, remove or reduce the value if they occur

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