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Topics: Agile, Change Management, Scrum
Managing Time and Cost in Agile Projects
Network:7
Hi All,

In Agile, if Scope if variable how can I manage expectations around time and cost?

Cheers!
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Network:12735



Hi Toni, managing time and cost is possible through various means, but also through the variability in scope. We monitor the velocity of the team, their capacity, and scope and budget burndown to see if we are tracking on target. The fact that the scope is variable is precisely how ultimately we can manage expectations with the customer to finish by a certain date and within a certain budget. If, as we travel along the project, it becomes evident that things are not tracking well, then we need to set the expectation with the customer that we need to adjust the scope to match the schedule and budget constraint, or they may opt to keep the scope the same knowing that the schedule and budget may slip. Alternately, we can also look for ways to improve our productivity which may improve the schedule and/or budget while keeping the original scope in tact.
Network:7
Thanks Sante!

I have inherited a project where the backlog is incomplete. The client wants to know when the software development will be complete, and also what the total costs will be. I am finding it difficult to manage their expectations. They have not yet performed discovery in most areas and have not identified NFRs. Any suggestions?
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1 reply by Sante Vergini
Apr 27, 2018 8:30 AM
Sante Vergini
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A good start will be to get onto that backlog and complete it as best you can. You're not going to be able to give decent estimates unless you have a handle on the amount of scope to deliver.
Network:940



Toni -

One approach to delivering agile projects is to constrain time & cost upfront and let scope be truly variable.

If that is not palatable to your client, then you will need to baseline scope at a high-level (themes or even epics) but allow flexibility at the story level so long as the estimate for completing the work in the backlog can fit within the approved number of sprints.

Kiron
Network:12735



Apr 27, 2018 7:34 AM
Replying to Toni Collier
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Thanks Sante!

I have inherited a project where the backlog is incomplete. The client wants to know when the software development will be complete, and also what the total costs will be. I am finding it difficult to manage their expectations. They have not yet performed discovery in most areas and have not identified NFRs. Any suggestions?
A good start will be to get onto that backlog and complete it as best you can. You're not going to be able to give decent estimates unless you have a handle on the amount of scope to deliver.
Network:1612



If you use time boxing which is the usual into Agile environments time and cost are fixed and scope is adjusted to time and cost. So, scope is not variable, is adjusted to time and cost which is not the same.

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