how_do_we_know_where_we_are_spending_our_money
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how_do_we_know_where_we_are_spending_our_money [2019/09/11 07:30] – [Want to Know More?] Added links hpsamios | how_do_we_know_where_we_are_spending_our_money [2020/10/29 13:09] (current) – Added type of work hans | ||
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While many Agile-ists just want to say “Trust us; we are working on the most important thing every time”, this really is not responsible management from the perspective of the executives, nor sufficient for good corporate governance. The reason is that there are many different perspectives of the use of money that need to be looked and there is no (single) way of determining priority that would take into consideration these multiple perspectives. | While many Agile-ists just want to say “Trust us; we are working on the most important thing every time”, this really is not responsible management from the perspective of the executives, nor sufficient for good corporate governance. The reason is that there are many different perspectives of the use of money that need to be looked and there is no (single) way of determining priority that would take into consideration these multiple perspectives. | ||
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+ | In addition many organizations assume that the work management tool we are using to track work can be used to directly replace existing time tracking systems. In most cases this is not true. While we can generate the answers to questions such as “where are we spending our money?” using Agile data, we do not have to know “how much time did a particular person spend on this” to answer the question. | ||
====== What Types of Categories Do We Often See? ====== | ====== What Types of Categories Do We Often See? ====== | ||
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Here are some dimensions I’ve seen organizations track: | Here are some dimensions I’ve seen organizations track: | ||
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+ | ===== Type of Work ===== | ||
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+ | Organizations often start by tracking the basic types of work that they are doing, to ensure that they have a balance of the work going forward. Typically you'll see: | ||
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+ | * New Feature | ||
+ | * Maintenance | ||
+ | * Technical debt reduction, refactoring, | ||
+ | * Contractural | ||
+ | * Etc. | ||
===== Product Life Cycle Horizon investment ===== | ===== Product Life Cycle Horizon investment ===== | ||
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===== Centralized vs Decentralized Decision Making ===== | ===== Centralized vs Decentralized Decision Making ===== | ||
- | Organizations often want to understand what kind of decisions we are making at what kind of levels. For agile transformations, | + | Organizations often want to understand what kind of decisions we are making at what kind of levels. For agile transformations, |
* Portfolio: work initiated and prioritized at the program level | * Portfolio: work initiated and prioritized at the program level | ||
* Program: work initiated and prioritized at the program level | * Program: work initiated and prioritized at the program level | ||
+ | * Team: work initiated and prioritized at the team level | ||
===== Strategic Theme ===== | ===== Strategic Theme ===== |
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