In Agile project management, the goal is to give the customer value and keep putting the most valuable work at the top of the list. Here’s how a value-driven method is shown by an Agile PM:
1. Focus on the customer: An Agile PM makes the customer the most important part of the project. They work closely with stakeholders, such as the product owner or a customer representative, to understand their needs, goals, and desired results. The Agile PM makes sure that the actions and deliverables of the project match what the customer wants and provide the most value.
2. Prioritisation based on value: An Agile PM uses tools like user stories, product backlogs, and prioritisation models to find work items and put them in order of value. They work closely with the product owner to make sure that high-value needs and features are taken care of early and often. By reevaluating goals all the time, the Agile PM makes sure that the team is always focused on doing the most important work at any given time.
3. Incremental Delivery: An Agile PM accepts the idea that value should be delivered in small pieces. They make it easier for the team to use iterative and incremental development, which lets them release working parts of the product at regular intervals. This method lets the customer start getting value sooner and gives them chances to give comments and change the direction of the project.
4. Constantly getting better: An agile project manager helps the team develop a mindset of always getting better. They urge the team to think about how they do things, find ways to improve, and try out new ways of doing things. The Agile PM and the team can improve their delivery methods and provide the most value by always learning and changing.
5. Outcome-focused Metrics: An Agile PM keeps track of and measures the progress of a project using outcome-focused metrics instead of the standard output-based metrics. Instead of only focused on the deliverables made, they measure how the project affected customer satisfaction, business value, and other key success indicators. This lets the Agile PM keep an eye on the value being produced and make decisions based on what they know about how to maximise it.
6. Involvement of Stakeholders: An Agile PM keeps stakeholders involved throughout the project. They make it easy for partners to talk to each other, work together, and give and get feedback. This makes sure that their ideas are taken into account and that their needs are met. By involving stakeholders in decision-making, the Agile PM makes sure that the value is in line with what they expect.
7. Continuous Value Optimisation: An Agile PM is always looking for ways to improve the creation of value. They look for ways to reduce waste, speed up processes, and get rid of bottlenecks. They support a lean way of thinking and get the team to focus on activities that add value and do as little work as possible that doesn’t add value.
Overall, an Agile PM is value-driven by putting the customer at the centre, prioritising work based on value, embracing incremental delivery, fostering constant improvement, and actively involving stakeholders. Throughout the project’s lifecycle, they try to get the most out of it so that the customer and other partners are happy and the project is a success.
