Project: PCG leverages Scaled Agile Framework and VersionOne to Prioritize and Plan Business Requests for Global Bank
A major global bank faced a growing volume of demand for changes to some of its core systems. As a result of acquisition and divestiture activity, as well as a strategy to expand globally, leaders faced the challenge of maximizing the value of their scarce IT resources. PCG recommended an approach leveragingf Lean-Agile principles found in the Scaled Agile Framework. By measuring the Cost of Delay for all business requests, then dividing that value by a relative sizing of effort, the business now rapidly evaluates “bang for the buck” without the need to invest in detailed cost-benefit analyses. By measuring Cost of Delay, the business quickly sees how much business value, risk, opportunity, and time value is consumed in a given system release, and how much remains in the pipeline.
Once prioritized, analysts and developers can “pull” work into their area (while adhering to limits on their work-in-process) when capacity becomes available.
To visualize its portfolio and workflow, PCG is working with this client to implement the VersionOne agile lifecycle management tool.
- Process design.
- Training and socialization of the process to a widely distributed group of stakeholders.
- Facilitation of Prioritization Workshops.
- Implementation of VersionOne for Portfolio Management. For this ongoing project, Scaled Agile Framework and VersionOne is proving extremely helpful for the Global Bank to optimize their IT resources.
Is your business experiencing a similar problem? Reach out to PCG today.