In today’s dynamic world of product development, Scrum stands out as a cornerstone of Agile frameworks. It fosters collaboration, adaptability, and continuous learning, enabling teams to deliver complex projects in an iterative and incremental manner. Scrum’s flexibility and structured approach …
To perform a proper business justification, it is important for an organization to create a viable Project Vision Statement prior to starting any project. This helps key decision makers understand the business need for a change or for a new …
To ensure viability, desirability, and achievability of the project’s business justification, it is important that risks are managed effectively. Risk management focuses on identifying all the inherent risks, assessing their probability, proximity, & impact, prioritizing and mitigating them to increase …
Let us now understand how Program and Portfolio are defined: Program: A program is a group of related projects, with the objective to deliver business outcomes as defined in the Program Vision Statement. The Prioritized Program Backlog incorporates the Prioritized Product Backlogs for all …
The key techniques used to prioritize the User Stories or requirements in the Prioritized Product Backlog, on the basis of business value are presented below: MoSCoW Prioritization scheme—The MoSCoW prioritization scheme derives its name from the first letters of the phrases …
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