Valuing agile : the financial management of agile projects / Alan Moran.

Format:

Book

Author/Creator:

Moran, Alan, author.

Language:

English

Subjects (All):

Agile software development--Management.

Physical Description:

1 online resource (122 pages) : color illustrations, tables

Edition:

1st edition

Place of Publication:

London, [England] : The Stationery Office, 2016.

System Details:

text file

Summary:

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.

Contents:

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.

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (ebrary, viewed January 17, 2017).

ISBN:

0-11-708289-9