Valuing agile the financial management of agile projects

Focusing on the financial and accounting aspects of Agile, this title offers a simple, direct and practical guide for those working as PMOs, suitable primarily for the Agile practitioner who needs to learn about financial management in projects.

Detalles Bibliográficos
Otros Autores: Moran, Alan, author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: London, [England] : The Stationery Office 2016.
Edición:1st edition
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009630243306719
Tabla de Contenidos:
  • Valuing Agile The Financial Management of Agile Projects
  • Contents
  • List of figures
  • List of tables
  • About this guide
  • Foreword
  • Preface
  • Acknowledgements
  • 1 Introduction to Agile
  • 1.1 The Agile approach
  • 1.2 Agile software development
  • 1.3 Agile techniques and practices
  • Table 1.1 Some common Agile techniques
  • Table 1.2 Some common Agile practices
  • 1.4 Product development
  • Figure 1.1 The Scrum process model
  • 1.5 Project management
  • Figure 1.2 The DSDM process model
  • 1.6 Related disciplines
  • 1.7 Financial challenges
  • Table 1.3 Five levels of Agile planning
  • 1.8 Concluding remarks
  • 2 Requirements, estimation and contracting
  • 2.1 Overview
  • Figure 2.1 The relationship between requirements, estimation, transaction costs and governance
  • 2.2 Requirements
  • Figure 2.2 User story map
  • 2.3 Estimation
  • Figure 2.3 The cone of uncertainty
  • Figure 2.4 Planning Poker cards
  • 2.4 Team velocity
  • 2.5 Prioritized incremental delivery
  • 2.6 Types of contracts
  • 2.7 Agile contracting
  • Figure 2.5 Project variables (traditional versus DSDM)
  • 2.8 Government contracts
  • 2.9 Concluding remarks
  • 3 Strategy, budgeting andexpenditure
  • 3.1 Strategy, portfolios and projects
  • 3.2 Agile budgeting
  • Figure 3.1 Agile cycle of planning, appraisal, funding and validation
  • 3.3 Financial statements
  • 3.4 Capital and operational expenditure
  • Figure 3.2 DSDM partition of capital and operational expenditure
  • 3.5 Concluding remarks
  • 4 Profitability and Agile financial performance
  • 4.1 Understanding profit
  • Table 4.1 Project direct and indirect costs (i.e. overheads
  • Table 4.2 Comparison on basis of apportionment
  • 4.2 The significance of timing
  • Table 4.3 Discounted cash flows and net present value
  • Figure 4.1 Computation of NPV using Microsoft Excel
  • 4.3 Agile impact on ROI.
  • Figure 4.2 Comparison of NPV profiles for traditional (dashed) and Agile (solid) projects
  • Figure 4.3 Decision point analysis of Agile projects
  • 4.4 Worked example
  • Table 4.4 Anticipated project costs and revenues
  • Table 4.5 Discounted cash flows for Agile and phased project approaches
  • 4.4.1 Net present value
  • Figure 4.4 Discounted Agile cash flows
  • 4.4.2 Profitability index
  • 4.4.3 Payback period
  • 4.4.4 Financial performance summary
  • Table 4.6 Summary of financial performance metrics
  • 4.5 Concluding remarks
  • 5 Value and benefits realization
  • 5.1 Understanding value
  • 5.2 Social value
  • 5.3 Communicating value
  • 5.4 Earned value management
  • Figure 5.1 Example of a burn-up chart showing schedule variance during an iteration
  • Table 5.1 Project tracking metrics
  • 5.5 Benefits realization and assessment
  • 5.6 Concluding remarks
  • 6 Managing uncertainty
  • 6.1 Understanding risk
  • 6.2 Agile risk management
  • Figure 6.1 Mapping of risk exposure (including ranges) to risk response strategies
  • Figure 6.2 Illustrative risk burn-down chart
  • 6.3 Costing risk
  • 6.4 Sensitivity analysis
  • Table 6.1 Scenario-based project and operational cash flows
  • Table 6.2 Sensitivity analysis of project cash flows
  • 6.5 Foreign exchange risk
  • Figure 6.3 Hedging against foreign currency risk
  • Table 6.3 Transaction costs and exchange rates
  • Table 6.4 Strategies for managing exchange rate risk
  • 6.6 Credit risk
  • 6.7 Decision point analysis
  • 6.8 Concluding remarks
  • Appendix A Analytical treatment of cash flows
  • A.1 Project NPV and operational annuities
  • A.2 Incremental rates of return
  • Glossary
  • Bibliography
  • Index.