PRINCE2 stresses that a project should have a valid business case. The purpose of the Business Case is to judge whether the project is (and remains) desirable, viable and achievable. Which aids to support decision making in projects continued investment. The business justification is the reason for the project. it should be recorded in a […]
Read MoreRole of the Business Analyst Role of a Business Analyst involves the following activities Understanding the business needs from various stakeholders Eliciting requirements using various techniques Documenting the requirements into requirements specifications, user stories, use cases or various formats Make sure that the requirements are understood by the development teams Test the requirements to make […]
Read MoreProduct is something that satisfies a Business Need. Product delivers value to the stakeholders (internal or external). Product has a clear boundary, customers and achieves some measurable value. A tangible product is a physical object that can be perceived by touch such as a building, vehicle, gadget, or clothing. An intangible product is a product […]
Read MoreProduct Vision provides a high level view about the destiny of the product and defines the end goal for the product. It broadly answers the questions of Why are we doing it? – The reason why we are building What does it solve? – Need for the Product Who are we building it for? – […]
Read MoreProduct lifecycle is a set of stages that a product generally goes through from its envisioning to the product being taken off from the market. Broadly the product lifecycle curve looks like this Development Stage This stage is generally before the launch of your product. You may end up significantly changing your strategy for achievement […]
Read MoreThere are Two ways of looking at our work. The primary constraints of any project include Scope, Cost, Time and Quality. I have represented them in the following diagram as “The Traditional Way” and ” The New Way”. The Traditional way : This is the Scope driven way of looking at the work. In the […]
Read MoreI was part of the vendor team for a large Dutch bank where work was being done in the traditional framework, using multiple vendors. The financial industry had changed drastically from 2008 onward due to a series of events such as separation of banks, mergers of banks, banks going bankrupt, and nationalizations. It was necessary […]
Read MoreThe customer-supplier relationship is a reality for suppliers based in countries such as India, China, or the Southeast Asian countries. I was part of the leadership team of an India-based supplier that brought about a transformational change in a large bank in the Netherlands. One of the things that we (supplier and customer) focused on […]
Read More“Change is difficult”, but “Change is inevitable”. And more importantly No Change is easy. Change is always a painful exercise. Agile Transformation touches the life of people. It makes them come out of their comfort zones. Agile Transformation therefore is pervasive – people hate it. I have seen many companies struggling with agile transformation for […]
Read MoreWhen you do transformation programs, most of you will hear these statement “we were delivering projects before, we will continue to deliver projects … how much difference a mere ‘way of work’ can bring?” “All this agile and stuff is just a new name for the same old thing. It wont solve my problems“ “I am doing […]
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