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Wednesday, February 15 • 1:00pm - 1:50pm
PRO WORKSHOP (ProductWorld): Epic Budgeting for Product Leaders

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Peter Fagerstroem, VP of Consulting Services, IncrementOne

Epic budgeting is all about meeting deadlines. Working with agile teams that choose the work while meeting stakeholder expectations around what gets done by what date. The challenge is that teams don’t always pull as much as we want them to. Or they don't finish when we expected them to. So how do you hit a deadline without forcing work onto the team?
According to a recent State of Agile survey, 53% of respondents see the most common success measure for agile initiatives is on-time delivery. But if agile teams can choose how much work they take into a sprint, and sometimes underestimate the time required to complete a feature, how can teams be sure of delivering pre-committed scope on time and on budget? There is clearly more to agile delivery than product owners ordering a backlog of work for teams to pull work from.
Epic Budgeting allows the product owner to steer a product across the line, delivering the expected scope on time and on budget. Epic budgeting is about managing scope creep or avoiding an unsustainable focus on the perfect over the pragmatic. Learn how product owners and their teams work towards a fixed date or budget by applying double-loop learning to epic sizing and work breakdown. Expect some tales from real companies and a few lighthearted moments. And I’m at least 53% certain we will finish on time!

Speakers
avatar for Peter Fagerstroem

Peter Fagerstroem

VP of Consulting Services, IncrementOne
Peter Fagerstroem leads the consulting services for IncrementOne, working with clients to adopt agile and lean capabilities to improve their product delivery and customer satisfaction. He draws from a strong technical background covering multiple aspects of IT for business: research... Read More →


Wednesday February 15, 2023 1:00pm - 1:50pm PST
ProductWorld Main Stage