In the fast-paced and unpredictable world of business, staying ahead requires a keen understanding of the forces that shape our environment. As organizations strive to make informed decisions and minimize risks, three essential frameworks come to the forefront—PESTLE, TECOP, and VUCA Let’s delve into the intricacies of PESTLE’s political, economic, social, technological, legal, and environmental […]
The Project Management Body of Knowledge, Seventh Edition defines requirements as “a condition or capability that is required to be present in a product, service, or result to satisfy a business need.” Requirements are specific, measurable, and achievable conditions or features that a project or system must meet to fulfil its purpose and stakeholders’ needs […]
A control chart is a tool used to determine a process’s predictability, behaviour, and stability over time. It is ideal for repetitive processes with predictable results. It is a graphic display of a process over time. Control charts measure the performance of a process to ensure it is in control. When a process is in […]
Scrum of Scrums, LeSS (Large-Scale Scrum), and SAFe (Scaled Agile Framework) are all frameworks designed to facilitate Agile practices and improve collaboration in large-scale software development projects. Each framework has its own approach to scaling Agile methodologies, allowing multiple teams to work together effectively. Scrum of Scrums: Scrum of Scrums is an approach for scaling […]
A scatter diagram, also known as a scatter plot or scatter graph, is a graphical representation of data points in a two-dimensional coordinate system. It is used to visualize the relationship between two continuous variables, showing how they are distributed and whether there is any pattern or correlation between them. Each data point on the […]
The MOSCOW method is an Agile prioritization technique. It categorizes requirements or features into four categories: Must have, Should have, Could have, and Won’t have. MOSCOW helps teams prioritize effectively, focusing on critical functionality first. It guides decision-making, ensuring valuable features are delivered while managing scope. It provides clarity and aligns stakeholders on the product’s […]
The Kano Model is a technique for classifying customer requirements or features into five categories: Must-Have, One-Dimensional, Attractive, Indifferent, and Dysfunctional. Functional answers are features that customers expect and appreciate when present, leading to satisfaction when fulfilled. These features meet basic requirements and contribute to the overall functionality and performance of the product. Dysfunctional answers, […]
Risk mitigation strategies are measures and actions taken to minimize the potential impact and likelihood of risks. These strategies are designed to reduce vulnerabilities, prevent risks from occurring, or mitigate their consequences if they do occur. Five risk mitigation strategies with examples Negative Risk/Threat Positive Risk/ Opportunities Escalate Escalate Avoid Exploit Transfer Share Mitigate Enhance […]
A product roadmap is a document that outlines the goals, features, and timeline for a product. It is used to communicate the product’s vision to stakeholders and to track progress over time. A product roadmap is a high-level action plan that outlines the vision, direction, and progress of a product over time. It’s a strategic […]
