PM INSIGHT-FREMONT: CUSTOMER COLLABORATION AND AGILE CONTRACTS

PM-Insight

PM INSIGHT-FREMONT: CUSTOMER COLLABORATION AND AGILE CONTRACTS

When: Wed Mar 6, 2019 6:00pm-8:00pm
Where: Strategism Inc., 39355, California Street, Suite 300, Building code *5417,Fremont, CA
Last Date for On-line Registration : Feb 28th ,2019

Brief about Meetup

Agile Manifesto’s 3rd principle states “Customer Collaboration over Contract Negotiation”. Agile project management delivery models require supporting financial models that fund MVP, learn from that and provide an ability to pivot if needed. Generally, 20 weeks funding is the recommended max funding. How do we ensure the right product is being built and at the same time maintain Agile values of Openness, Respect and Commitment?

Traditional funding models have a staggering 70% failure rate. Agile Project Managers are finding short comings in existing financial models such as Fixed Bid, Time & Materials (T&M), and CostPlus Contracts. The existing models do not meet the needs of Agile Projects. In this talk we will look at newer improved financial frameworks such as Lean budgets, Program Increment (PI) based project funding and Lean Startup funding that reduce risk and that work in tandem with Agile Project Management.

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