3 Things to do Now for Greater Business Value

  • February 25, 2014 · 6:30 PM
  • This location is shown only to members

PLEASE NOTE: This meeting will take the place of the normal March 4th meeting. There will be no March 4th meeting.

Joe will introduce and talk about these three items:

1. Cost-benefit analysis with BV Points and Story Points.

This is a part of “Joe’s Agile Release Planning”.  I will talk about how I recommend doing BV Points. And then how to use them with Story Points.  

2. Business Value Engineering.

This idea is to map the process of doing “business value.”  And to identify the underlying assumptions or hypotheses.  Then fix the weakest piece.  Then do a BV Model.  Then measure, as we change things, whether BV improves (or not).

3. The 80-20 Rule

How to use the Pareto idea. The expectation is not that, the first time out, you will only do 20% of the work and achieve 80% of the business value.  And it certainly is limited, to some degree, by the Minimum Marketable Feature set requirements.  Still, we must say ‘no’ to more features in this release.

These are ideas we work with with each Team’s real work almost every week.  We will give you, quickly, the benefit of our learning.

We expect your questions, and will take time to answer them.  Each of these topics is actually quite involved, so this is an introductory conversation.    

Joe Little is an Agile Coach and Trainer. He runs LeanAgileTraining.com.  He is a Certified Scrum Trainer, and has an MBA. He graduated from Yale University.

Joe has 20+ years in consulting and new product development in New York, London, Charlotte and elsewhere.  Clients have ranged from Northrop Grumman to JP Morgan Chase, to small software firms in Winston-Salem, Rochester and Bucharest.  He is a strong advocate of Lean (see Taiichi Ohno and the Poppendiecks).

Joe has twice spoken at Agile20xx, several times at Agile Tour events, and has spoken publicly many other places (eg, in Romania).  He has recently completed: Joe's Agile Release Planning available at http://lean pub.com/joesagilereleaseplanning


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  • Joe L.

    Also, I updated the slide deck, which is now here: http://www.slideshare.net/jhlittle
    Comments welcome.

    March 4, 2014

  • Joe L.

    Sorry... for the next few days... (available free only for the next few days).

    March 4, 2014

  • Joe L.

    If you want the Agile Release Planning book, here is the link to get it for free: https://leanpub.com/joesagilereleaseplanning/c/RDU

    March 4, 2014

  • Joe L.

    *want to say...

    March 4, 2014

  • Joe L.

    As Mark said... it stood originally for 'ratio'. But most people what to say the number represents ROI. So, I say ROI now. It means Cost-benefit analysis, or bang for the buck, etc.
    One calculates at the story level, for each card. We are assuming the highest BV number (the ref story) is 100, down to zero. So, one card might have 20 BVPs and 5 SPs. Giving a ratio of 4.
    Enough help? Thanks, Joe

    March 4, 2014

  • Lisa J.

    I have a follow up question. What does the R in R Factor stand for? Do we want a high or low R value? For my copany BVP are 1-5 and SP are 1-20 so I end up with a decimal value. 5 / 15 = .3. Sorry did ask before. I plan to explain to my team Fri. and just started really thinking this thru.

    March 4, 2014

    • mark h.

      R = BV / SP count

      So 'R' probably stands for Ratio. It is a normalized value. The higher R-values should get higher priority and earlier implementation.

      March 4, 2014

  • Paul J.

    Joe provides Agile insights in an engaging manner that helps one remember them. Thanks Joe! :-)

    February 26, 2014

  • A former member
    A former member

    Very informative, even for someone not familiar with Scrum

    February 25, 2014

  • Jeff D.

    Cannot join now due to rescheduled lid's event

    February 24, 2014

  • Joe L.

    Any questions you'd like me to address? (If you tell me sooner, I might give a better answer.)
    And here is a slideshare link:

    February 24, 2014

  • Joe L.

    Looking forward to meeting you tomorrow night.

    February 24, 2014

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