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Budgeting according to Scrum

Last post 06:56 pm March 11, 2019 by Filip Beslic
2 replies
08:49 pm March 4, 2019

Hi,

In our organization we apply year-budgets and we don't evaluate money spent per sprint/release with the scrum-teams.

What is the standard way of budgeting/forecasting according to Scrum? Incremental or fixed? 

I scouted through the Scrum Guide and the resources on this website but didn't find anything. 

(We also work with the SAFe framework which has "Lean budgeting". Does that way of working resemble the way Scrum does?)

Anyone got an interesting link to an article covering this subject?

 

Thanks in advance,

Joost


06:59 am March 5, 2019

There’s no standard way, as it is up to the Product Owner to figure out how to best account for value.

However, if budgets and forecasts aren’t being inspected and adapted at least once per Sprint, based on the evidence of release, I think it would be important to question why not.


12:40 pm March 11, 2019

Try "agile estimating and planning" by Mike Cohn.

That being said, the agile community right now seems to be opposed to planning and forecasting in general, and takes a more drastic approach. Hence the movements: #noestimation and #noplanning. But remember, this means a drastic switch in organizational mindset and approach on a business-level which is really hard to obtain.

On a personal note: I wouldn't use SAFe since in my opinion this is a waterfall-approach ment to mimic agile. Why wouldn't I use it? Since it violates a few basic agile principles which make agile what it is. 


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