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AJAX & REA: Blog Feed Post

Agile and Project Funding

Do you know of any organization that does not have an annual budgeting process?

Do you know of any organization which does not have an annual budgeting process?

Do you know of any organization which does not do an ROI analysis before deciding to fund a project?

There may be smaller projects which come out of the discretionary fund of a sponsor but any project of decent size would need to go through a process of ROI calculation and an annual budgeting process.

If this is the reality then how does it gel with agile practices?

How do you estimate the total cost of the project – a practice which is discouraged in Agile?

How do you estimate how long it is going to take even before you know the velocity of the team?

How do you arrive at the complete scope even before you have done your first sprint?

Incremental funding and failing fast may be a great ideas but how will it work in typical organization setup?

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More Stories By Udayan Banerjee

Udayan Banerjee is CTO at NIIT Technologies Ltd, an IT industry veteran with more than 30 years' experience. He blogs at http://setandbma.wordpress.com.
The blog focuses on emerging technologies like cloud computing, mobile computing, social media aka web 2.0 etc. It also contains stuff about agile methodology and trends in architecture. It is a world view seen through the lens of a software service provider based out of Bangalore and serving clients across the world. The focus is mostly on...

  • Keep the hype out and project a realistic picture
  • Uncover trends not very apparent
  • Draw conclusion from real life experience
  • Point out fallacy & discrepancy when I see them
  • Talk about trends which I find interesting
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