funding value stream

SAFe’s ‘Funding Model’ Not ‘As Easy As Pie’. Part III

SAFe’s ‘Funding Model’ Not ‘As Easy As Pie’. Part III

SAFe advocates this funding model: 'Fund Value Streams, not Projects'. Let's step back... to get a better perspective... a big picture of this matter. According to SAFe, 'Value Streams represent the series of steps that an organization uses to build Solutions that provide a continuous flow of value to a customer.' There are two types of Value Streams: 1) Operational Value Stream; 2) Development Value Stream. Here are how things are Operational Value Stream is where you see people operate/use the system. Development Value Stream is behind the Operational Value Stream... or, some would say, Development Value Stream sits on…
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SAFe’s ‘Funding Model’ Not ‘As Easy As Pie’. Part II

To have a holistic view of this matter, let's go back to the beginning. 1969 was the year when Project Management Institute (PMI) -- the world's leading professional organization for project management-- was founded. Professional Project Management now has educational and certifying body. Millions of memberships followed... around the world! PMI's book, Project Management Book Of Knowledge (PMBOK), is so popular...it has been translated in major languages... and millions of copies sold worldwide. Project Management is engrained to people and organizations worldwide. Going into year 2019, that is 50 years of professional project management engrained in people's minds and their…
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SAFe’s ‘Funding Model’ Not ‘As Easy As Pie’

SAFe’s ‘Funding Model’ Not ‘As Easy As Pie’

SAFe's funding model is 'Fund Value Streams, not Projects'. Adopting that funding model is not easy...and might not even be practical ... worst, might even be impossible! To implement this funding model, it is easier said than done...it is really not as easy as pie, idiomatically speaking. To be continued.
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This Requires Mindset Shift: “Fund Value Stream, not Projects”

This Requires Mindset Shift: “Fund Value Stream, not Projects”

Agile teams and team of Agile Teams (Agile Release Train (ART)) sit on a Value Stream. Per SAFe: "Value Streams represent the series of steps that an organization uses to build Solutions that provide a continuous flow of value to a Customer. SAFe value streams are used to define and realize Portfolio-level business objectives and organize Agile Release Trains (ARTs) to deliver value more rapidly." Funding Value Stream means funding the ART that sits on it. ART delivers continuous business value...work never ends...there is that sense of infinity and permanency. Resources do not disband. Contrast that to funding projects: work…
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