prdcdeliver: lean roadmaps and portfolios
TRANSCRIPT
Grumpy Cat Cat Swetel
Lives in Arizona Lives in Arizona
Chronic case of RBF Chronic case of RBF
Made into memes Makes lots of memes
Generation Z/Digital Native Millennial
Internet Celebrity Consultant
Traditional roadmaps, new ways of roadmappingApplying optionality to a portfolio
Thinking in terms of information valueExample metrics for portfolios & roadmaps
Agenda
Roadmaps
Projects the old way
LIABILITIES
OPTIONS-ISH
ASSETS????
Projects the “Agile” way
BACKLOG READY ANALYSIS DEV TEST READY TO DEPLOY IN USE
VisualDynamic
Flows: Future, Present, Past
Projects the “Agile” way
BACKLOG READY ANALYSIS DEV TEST READY TO DEPLOY IN USE
LIABILITIESOPT
ION
S
ASS
ETS
Have roadmaps kept up? No.
GO GOOGLE ROADMAPS
Team ATeam BReadinessInfras
OnHorizon
ComingSoon
UpNext
CurrentGoal
InUse
Time-based flow
Team ATeam BReadinessInfras
OnHorizon
ComingSoon
UpNext
CurrentGoal
InUseHBD
Here be dragons!
Team ATeam BReadinessInfras
OnHorizon
ComingSoon
UpNext
CurrentGoal
InUseHBD
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
Define explicit policies
Team ATeam BReadinessInfras
OnHorizon
ComingSoon
UpNext
CurrentGoal
InUseHBD
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
things we do now and again for reasons
12 22
Limit work in progress
Roadmap metrics
Cycle Time and/or Lead Time
Lead TimeCycle Time
Team ATeam BReadinessInfras
OnHorizon
ComingSoon
UpNext
CurrentGoal
InUseHBD
DISCLAIMER: This is just an example.
S Sepp - Own work, CC BY-SA 3.0
01101001 01101110 01100110 01101111 01110010 01101101 01100001 01110100 01101001 01101111 01101110 00100000 01110110 01100001 01101100 01110101 01100101
ROADMAPSOrganized around time
PORTFOLIOSOrganized around information value
You’re going to spend (at least)
this amount regardless of
investment model...
Assumptions-ish
70% Core Business
20% Adjacent to Core Business
10% Disruptive Innovation
Eric Schmidt
By Joi Ito from Inbamura, Japan - Eric Schmidt, Sergey Brin and Larry Page, CC BY 2.0,
Your portfolioas options
Ideation Prototype Pilot Prod
Not yet validatedHigh uncertainty Uncertainty
decreased
Validated
Ideation Prototype Pilot Prod
Not yet validatedHigh uncertainty Uncertainty
decreased
Validated
Your portfolioas options
Continuous improvement initiatives?
Paying down technical debt?
Options
MVPs/Projects are options
triggers: starting/stopping heuristics (context, events, rules of thumb)
information value of options
Options: start/stop heuristics
Options
MVPs/Projects are options
triggers: starting/stopping heuristics (context, events, rules of thumb)
information value of options
Options: start/stop heuristics
e.g. $$$ or market readiness
leading indicators
pilot’s checklist
Information Value of Options
Tomorrow’s Core Business
Today’s Core Business
Keep the lights on
Focus
Low risk
Big investment
Lots of small, high risk/high reward bets
Pay less to obtain information early
But how do you actually use an options-based
portfolio?
Portfolio metrics:churn
Ideation Prototype Pilot Prod
Discover viability of
ideas at lowest
possible cost.Churn
Churn
Churn
Portfolio metrics:risk and experimentation
Portfolio metrics:cost of delay
“Whenever we pay less than this amount for time we are improving the economics of a
project.”
-Don Reinertsen in LeanMagazine.net
Organizing roadmaps around time and risk
Organizing portfolios around information value
Good mix of portfolio activities
Metrics and measures for product/service and portfolio planning and execution
What we covered
Thanks to my friend and partner in Agile crime, @MattBarcomb