Topic: Beyond Agile Pilot Stage? Time to Embrace Agile Budgeting, Planning, and Cost Accounting
Traditional forms of budgeting, planning, and cost accounting do not align well with agile-based development. For example, detailed up-front annual budgets and business plans, utilization-based planning and execution, and large budgeting and planning batches can thwart or even compromise the downstream agile development process. And cost accounting measures that are based on standards that assume development will proceed in a waterfall fashion don’t work well and can have severe economic consequences when agile is the predominant development style.
This presentation offers sound strategies to help fiscally responsible companies reap the real benefits of agility by better aligning high-level budgeting, planning, and cost accounting with downstream agile development. Learn how to avoid the damage caused when senior management operates the company using one set of principles and downstream teams develop with a different set of principles.
Ken Rubin is the author of Amazon’s #1 best selling book Essential Scrum: A Practical Guide to the Most Popular Agile Process. As an agile thought leader, Ken founded Innolution where he helps organizations thrive through the application of agile principles in an effective and economically sensible way. He has coached over 200 companies ranging from startups to Fortune 10, and is an angel investor and mentor to numerous exciting startups. As a Certified Scrum Trainer, Ken has trained over 25,000 people in agile / Scrum as well as object-oriented technology. He was the first managing director of the worldwide Scrum Alliance, a nonprofit organization focused on transforming the world of work using Scrum.