Session 5.4 – Using Business Value for Fun and Profit

Rooms 2a, 2b March 30, 2017 2:50 pm - 3:40 pm

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Agility focuses on delivering business value to the customers as rapidly as possible. User stories are a common way to deliver value incrementally. Estimates of development effort in story points are used to approximate a delivery schedule. However to concentrate on delivering business value, we must be able to place a business value on those user stories. Through lecture and interactive exercises, Ken Pugh explains how to estimate and track business value. He presents two methods for quickly estimating business value for features and stories. He shows the relationships between business value estimates and story point estimates and how to chart business value for iteration reviews. He demonstrates what estimates really represent in both dollars and time. On a larger scale, Ken shows business value as portfolio management tool for prioritizing feature development across a number of projects. By the end, you’ll be able to use business value to focus both the customers and the developers on the most important requirements.