Lesson 7 - Delivering $$$ Flashcards
What promotes flow on a Kanban board?
- WIP Limit (Work in Progress)
- Explicit process policies
- Idle time
- Cycle time
What promotes flow on a Kanban board?
WIP Limit (Work in Progress)
What is the closed loop system to keep the ART moving forward?
- Program events
- Business objectives
- Feedback cycles
- Decentralized decision making
Program events are the closed loop system to keep the ART moving forward.
Program Kanban: Which Step Are You IN?
The first WIP limit is imposed.
- Funnel
- Implementing
- Analyzing
- Validating
The first WIP limit is imposed.
Analyzing
Product Management prioritizes what class of work?
- Design
- Content
Product Management prioritizes Content.
How much does a story point cost?
PI has 5 Iterations
The team does 125 points per PI
The Team cost is $100K per iteration
PI has 5 Iterations
A team does 125 points per PI
Thus the assumption (until proven otherwise) is the team does 25 points per iteration.
The team costs $100K per iteration
$100,000 / 25 points = $4,000 per point
Program Kanban: Which Step Are You IN?
All new features welcome.
- Funnel
- Implementing
- Analyzing
- Validating
All new features welcome.
Funnel
Program Kanban: Which Step Are You IN?
Highest priority features have been approved by Product Management for PI Prep discussions.
- Deploying
- Implementing
- Analyzing
- Program backlog
Highest priority features have been approved by Product Management for PI Prep discussions.
Program backlog
What is the key to improving economic outcomes?
- Customer Feedback Cycles
- Lean Business Cases
- Horizon Planning Models
- Job Sequencing
Job sequencing is the key to improving economic outcomes.
Hence WSJF, Kano, MoSCoW and the like…
The goal of the Management Review meeting is for Product Managment and Business Owners to discuss adjusting what two things:
- Scope
- Team alignment
- Capacity
- Objectives
- System Demos
- Dependencies
The goal of the Management Review meeting is for Product Managment and Business Owners to discuss adjusting Scope and Objectives.
Estimating…
- is about bringing clarity.
- is a series of refinements.
- is the first step in cost control.
- is a driver for predictability.
Estimating…
is a series of refinements.
What is designed to help the business select the next best job for features?
- WSJF
- Objectives
- Vision
- Roadmap
What is designed to help the business select the next best job for features?
WSJF
What’s Missing: Business Objectives need to be
- Specific
- Measurable
- Achievable
- Realistic
- ________
Business Objectives need to be:
Specific
Measurable
Achievable
Realistic
Time-bound
Program Kanban: Which Step Are You IN?
The ART pulls the top features for work.
- Funnel
- Implementing
- Analyzing
- Program backlog
The ART pulls the top features for work.
Implementing
The primary focus of the PO sync is:
- Clearing dependencies.
- Updates of the features and stories.
- Meeting the PI Objectives.
- Impediments escalations.
The primary focus of the PO sync is meeting the PI Objectives.
Maximizing Customer Value.
Epics are broken down into features during which Portfolio Kanban stage?
- Portfolio backlog
- Analysis
- Review
- Funnel
Epics are broken down into features during which Portfolio Kanban stage?
Analysis
What type of estimate?
Buttom up, tracked.
- Actual
- Preliminary
- Refined
Buttom up, tracked.
Actual
Is a form of ROI but not the same as a full broken down business case.
- MVP
- WSJF
- Business Objectives
- Benefit Hypothesis
WSJF is a form of ROI but not the same as a full broken down business case.
What’s Missing: Business Objectives need to be
- Specific
- Measurable
- Achievable
- _________
- Time-bound
Business Objectives need to be:
Specific
Measurable
Achievable
Realistic
Time-bound
WSJF should start with:
Pick the highest value of a 40 and work down.
Pick a middle value like a 5 or 8 and work out from center.
Pick the lowest value of a 1 and work up.
WSJF should start with picking the lowest value of a 1 and work your way up with relativity.
Which WSJF stakeholder is missing?
Business Owners, Product Managers, System Architects…..and….. ___________
Business Owners, Product Managers, System Architects and
Product Owners
Kanban board columns represent what?
- People
- Steps
- Status
- Ownership
Kanban board columns represent steps
What determines how and when a work item moves across a Kanban board?
- WIP (Work in Progress)
- Explicit process policies
- Idle time
- Cycle time
What determines how and when a work item moves across a Kanban board?
Explicit process policies
What decides if an Epic needs created?
- Economic thresholds
- Company policy
- Spanning multiple trains
- Too many dependencies
What decides if an Epic needs created?
Economic thresholds
Architecture prioritizes what class of work?
- Design
- Content
Architecture prioritizes Design.
What aligns investments with revenue and market rhythms?
- Architectural Runway
- WSJF
- Portfolio Threshold
- Horizon Planning
WSJF aligns investments with
revenue (BV) and market rhythms (TC & RR/OE).
Program Kanban: Which Step Are You IN?
First time of WSJF
- Funnel
- Implementing
- Analyzing
- Program backlog
First time of WSJF
Analyzing
What’s Missing: Business Objectives need to be
- Specific
- Measurable
- __________
- Realistic
- Time-bound
Business Objectives need to be:
Specific
Measurable
Achievable
Realistic
Time-bound
What’s Missing: Business Objectives need to be
- Specific
- ___________
- Achievable
- Realistic
- Time-bound
Business Objectives need to be:
Specific
Measurable
Achievable
Realistic
Time-bound
Which artifact is used to create the Architectural Runway?
- Visions
- Enablers
- Objectives
- Strategic Themes
Which artifact is used to create the Architectural Runway?
Enablers
What type of estimate?
Typically done by the teams, uses historical data to compare.
- Actual
- Preliminary
- Refined
Typically done by the teams, uses historical data to compare.
Refined
Feature estimates are brought together into the Epic as part of what?
- MVP
- Lean Business Case
- Capability
- Objectives
Feature estimates are brought together into the Epic as part of what?
Lean/Lightweight Business Case
The primary focus of the SoS is:
- Clearing dependencies.
- Updates of the features and stories.
- Meeting the PI Objectives.
- Scope negotiation
The primary focus of the SoS is clearing dependencies (or impediments).
Maximizing Flow and decentralized decision making, that’s why only the RTE facilitates (not the PM).
Product Management and Architecture agree to prioritize work in what way?
- Highest speed of return and quickest delivery.
- Best product adoption and lowest barrier of entry.
- Maximum customer value.
- Top analytical based usage patterns.
Product Management and Architecture agree to prioritize work for maximum customer value.
What is the lowest level the PMs typically are involved in Definitions of Done?
- Level 1: Release
- Level 2: Solution Increment
- Level 3: System Increment
- Level 4: Team Increment
Level 1: Release (Turning on functionality)
Level 2: Solution Increment
Level 3: System Increment
POs primarily do this with the teams.
Level 4: Team Increment
Deployments of assets MIGHT happen here.
What’s Missing: Business Objectives need to be
- __________
- Measurable
- Achievable
- Realistic
- Time-bound
Business Objectives need to be:
Specific
Measurable
Achievable
Realistic
Time-bound
True or False
Teams on a train operate independantly.
False
The demo-plan-learn TOGETHER.
Lean Business Cases are for:
Building concensus on the things we must do.
Funding the things we must do.
Defining the things we must do.
Prioritizing the things we must do.
Lean Business Cases are for prioritizing the things we must do.
What type of estimate?
Typically done by product management, relative sizing.
- Actual
- Preliminary
- Refined
Typically done by product management, relative sizing.
Preliminary
Definition: The hidden costs (either labor or inventory) that can drive up the cost of manufacturing a product.
- Estimated
- Actual
- Support
- Burdened
Burdeded Cost
The hidden costs (either labor or inventory) that can drive up the cost of manufacturing a product.
