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 “Must have,” “Should have,” “Could have,” and “Won’t have”. This prioritization method is generally more…
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 the probability of project success. Risks are the uncertainties related to a project that could…
When applying Scrum to manage projects within the context of a program or portfolio, it is strongly recommended that the general principles of Scrum are adhered to. 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…
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 product or service and the justification for moving forward with a project. It also helps…
In Scrum, the Prioritized Product Backlog is a single requirements document that defines the project scope by providing a prioritized list of features of the product or service to be delivered by the project. The required features are described in the form of Epics and User Stories. User Stories are specific requirements outlined by various…
A key aspect of Scrum is its ability to quickly adjust to chaos created by a rapidly changing business model. In projects with ambiguous user requirements and significant potential for frequent changes, Scrum provides considerable advantages over other development models. To determine whether the justification or viability of executing the project continues to exist, business…
Initiate phase, as defined in A Guide to the Scrum Body of Knowledge (SBOK™ Guide), is applicable to the following: Portfolios, programs, and/or projects in any industry Products, services, or any other results to be delivered to stakeholders Projects of any size or complexity The term “product” in the SBOK™ Guide may refer to a…
Scrum helps organizations become more flexible and open to change. However, it is important to understand that although the Scrum framework emphasizes flexibility, it is also important to maintain stability throughout the change process. In the same way that extreme rigidity is ineffective, extreme flexibility is also unproductive. The key is to find the right…
For an organization, it is necessary to perform a proper business justification and create a viable Project Vision Statement prior to initiate and continue with any project. A well-structured Project Vision Statement explains the business need the project is intended to meet rather than how it will be met. It is possible that the current…
In Scrum, there are various factors that help determine the length of Sprint. The Product Owner and the Scrum Team decide on the length of the Sprints for the project. Once determined, the length of Sprint usually remains the same for the project. However, it can be changed depending on various circumstances. So, what is…
