PM Insights Sunnyvale Virtual Meeting - Replace the HIPPO directives with insights and a continuous feature prioritization technique used by Agile Teams and/or Team of Teams
PM Insight-Sunnyvale Virtual Meeting:
PM Insights Sunnyvale Virtual Meeting - Replace the HIPPO directives with insights and a continuous feature prioritization technique used by Agile Teams and/or Team of Teams
In a flow-based system, Weighted Shortest Job First (WSJF) is a prioritization technique utilized to prioritize backlog that contains features. Backlogs are continuously prioritized based on a WSJF calculation that uses relative user and business value, time criticality, risk reduction and/or opportunity enablement, and job size. WSJF also conveniently and automatically ignores sunk costs, a fundamental principle of Lean economics.
Features that can deliver the most value in the shortest duration provide the best economic return. WSJF calculation involves considering the following aspects:
• Make economic choices continuously that benefit customer outcomes and ROI
• Job sequencing based on multiple factors produces the best results compared to prioritization based on unvetted one dimensional ROI thinking
• Ignore the sunk cost
• Enable flow-based thinking (Lean thinking mindset and model)
Takeaways:
- If you only quantify one thing, quantify the cost of delay
- Decentralize decision making process at appropriate levels to enable flow
- Make economic choices continuously that benefit customer outcomes and ROI
- Job sequencing based on multiple factors produces the best results compared to prioritization based on unvetted one dimensional ROI thinking
- Ignore the sunk cost
About the Instructor:
Balasubramanian Swaminathan
Balasubramanian Swaminathan is a visionary executive renowned for his expertise in strategy, execution, and enterprise transformation. With over 28 years of global experience spanning the US, Europe, and India. Bala has held senior roles in business, operations, and technology. Bala excels in enterprise strategy planning, business agility, portfolio, and program leadership, adeptly supporting traditional, hybrid, and agile methodologies.
Bala champions pragmatic product development and has a proven track record of driving improvements in time-to-market, quality, productivity, and employee engagement across various industries. His expertise encompasses cloud-based and on-prem solutions in retail, healthcare, finance, network, mobile, automative and defense, among others, delivering notable customer success stories.
Meeting Leader: Kuntal Thakore, PMP, CSM
Online Registration
PMI Silicon Valley Members: 5.00
Non-Members: 5.00
Students & Veterans: Free (Please contact Meeting Leader for the discount code)
Cancellation Policy
This event is a professional society meeting, held for the benefit of its members. The Plan Ahead registration fee paid is based on the registrant's ability to commit to attendance, ahead of time. The Plan Ahead registration fee will not be refunded for any reason, other than event cancellation, after normal business hours (5:00 PM, Pacific) on the registration deadline day. The PMI - Silicon Valley Chapter reserves the right to make last-minute changes to program content and speakers, as circumstances dictate.
Event Properties
| Event Date | 06-12-2024 6:00 pm |
| Event End Date | 06-12-2024 8:00 pm |
| Cut off date | 06-11-2024 10:00 pm |
| Individual Price | $5.00 |
| No. of Ways of Working PDUs | 2.0 |
| Location | Virtual Event |