Funding – Lean Agile Guru

Dec

28

2018

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

Funding, Funding Capacity, funding capacity not initiatives, funding value stream

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…

Dec

27

2018

By Clarence Galapon

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

Funding, Funding Capacity, funding capacity not initiatives, funding value stream

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…

Dec

26

2018

By Clarence Galapon

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

Funding, Funding Capacity, funding capacity not initiatives, funding value stream

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.

Sep

18

2018

By Clarence Galapon

The Other Side of Variability: Economics

Funding, Variability

After you have read my earlier posts...I hope that by now, you are already familiar with SAFe Principle #3 ... and that is, 'Assume variability. Preserve options'... just in case you forgot it :-) ! Well let me tell you that 'variability' does not stop there; there is another side of 'variability'. It has something to do with economics and funding...read on. My investment advisor, when I invest in my 401k, advices me, all the time, to invest on a stable, historically predictable and large fund -- a securities instrument with a mix of various stocks from various companies --…