Chapter 2: Value-driven Delivery

Question 1

Agile Value Proposition

Answer 1

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

Question 2

Minimize Wase, what are the types?

Answer 2

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

Question 3

ROI

Answer 3

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

Question 4

NPV

Answer 4

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

Question 5

IRR or “Discount Rate”

Answer 5

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

Question 6

EVM

Answer 6

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.

Question 7

KPIs

Answer 7

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

Question 8

Anti-Value

Answer 8

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