How can agile methodologies be utilized to successfully implement a financial solution for enterprises, such as payment systems, to clients like banks? and how billing is done in such project? Saving Changes...
The first thing is to understand whether an adaptive approach is appropriate for the context of the project or not. Once that has been determined, the team working with key stakeholders can determine an appropriate starting approach and set of techniques.
In highly regulated industries like banking, it is critical to engage control partners early and on and ongoing basis through the project to ensure that their quality requirements are considered and incorporated into the solution.
You will also need to understand the existing project delivery standards of the client organization to ensure that those are supportive of an adaptive approach.
And as far as billing goes, if the client insists on a firm, fixed price approach then committing on a per release basis might be the safest way to proceed rather than committing to the overall project's duration and cost early on.
Vijay SuryavanshiProject Manager - Engineering| RECARO Aircraft SeatingPlantation, Fl, United States
Agile can be better implemented while gathering requirements (ever changing), building prototype, team building, capacity planning, using iterations from start to end or end to end.
Usually, the implementation is the last phase and you have to be careful and not rush here because this where your project goes live. But then proper onboarding, training, feedback, pairing with lean, leading by examples are some of the things that you can follow while in the implementation phase which are all Agile philosophies. Saving Changes...
