The digital portfolio management objective is to determine the optimal resource mix and schedule to best achieve the organisation’s operational and financial goals. Selecting the Portfolio Establish the viability of projects based on their strategic alignment, return on investment and resource requirement Carry out risk assessment and build contingency into the portfolio by integrating contingency planning … Continue reading How to Select the Right Digital Portfolio?
The elevator pitch is as important as the business plan, some people call it twitter pitch (but I think 140 characters might be too short). Bplans explain what components a perfect elevator pitch must have; every single angle of a business plan in a short visionary version is laid out. Top components of an elevator pitch: … Continue reading Top Components of an Elevator Pitch
If after three or four sprints you notice your velocity is not where you had hoped it would be, do not panic. This might happen, this is why you need to set expectations accordingly and told your client not to trust your initial plans. The good news is that by the time you know about … Continue reading In Agile, What to do if Team Velocity is not as you Planned?
When your customer discovers what they really want in their project, ask them how they would like to handle it. You can push out the release date or add more resources (which is like saying we are going to need more money), or you can drop some of the less important stories from the to-do … Continue reading In Agile, How to Handle New Client Requirements?
Too many of digital projects do not work well, are delivered late, over budget or not fit to purpose. To increase the success rate of these projects, there is the need of a new approach. 1. Put users' needs first The products and services you deliver should be driven by the needs of your users, … Continue reading 5 Delivery Principles for a Digital Team
In agile product development is very hard to have the best product right away, so commit to rapid and continuous improvements is the way to go. Of course, the messiness of trial and error may seem uncomfortable, but action allows us to learn at a faster rate. The following insightful story comes from the book Art & … Continue reading Agile Product Development
Your customer experience must support your corporate strategy. You need to work and focus on defining the customer experience that best aligns with: corporate vision, target market value proposition, your products & services unique strengths (competitive advantage) financial objectives core values Be aware that the wrong customer experience would confuse your customers and send them … Continue reading Strategy and Customer Understanding
The 5Ds in project management is a phase breakdown of large milestones that every project team needs to complete. This model gives a full vision of the tasks and deliverables for each phase. This process is thought with Agile / Scrum Project/product methodologies in mind. We call these phases the 5Ds: Discovery: validates the business reason … Continue reading Digital Project Management and the 5Ds
Jason Fried is the Co-Founder and President of 37signals, a Chicago company committed to building the best web-based tools possible with the least number of features necessary. 37signals manifesto, as they say "It's a collection of 37 nuggets of online philosophy and design wisdom. It's a great introduction to the 37signals' school of thought and … Continue reading Business Tips From 37signals
Almost every new service Google launches is a beta, a test, an experiment, a work in progress. Why? because launching and getting data from the market is the best way to improve a product. Of course, the market can find errors, but companies must be pleased to get help to find those errors, for the … Continue reading Digital Product Management