Posts Tagged ‘Cost’

How to Calculate Budgets For Agile Teams

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A common concern I get from Agile newbies is “how do I calculate the cost of my Agile project, if I don’t do all up front planning?” Actually, it turns out that when I leverage agile00 methods to simplify my project accounting, budgeting becomes much easier. I’m going to show you two approaches that leverage […]

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Product Owner Zero Cost Effect

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Have you ever had a stakeholder who wanted to change work priorities mid-project, mid-release, or mid-sprint?  Certainly, one of the reasons we choose to use agile practices as a delivery mechanism is that it gives us the flexibility to change priorities. So, what if the change is mid-sprint?  Isn’t that an irrational decision? In Dan Ariely’s […]

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Refactor Your PMP: Cost Management

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Next up is cost management. According to PMI, cost management includes the processes involved in planning, estimating, budgeting, and controlling costs so that the project can be completed within the approved budget. This knowledge area only includes three process, but as you might expect, we are going to put a little different spin on them […]

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