Reduced Time-to-Market with Agile Transition (Case Study)
Introduction â– Agile has long crossed the scope of IT industry. It has found use and application in almost every business setup. I am Mark and I am a PMI-ACP certified project manager. â– In this case study, we will have an overview of agile transformation for a financial service provider which became a client of mine recently.
Overview of the company ■The company in question is a financial service provided and has clients distributed over various geographical space, business spectrum and field of operation. ■With this much diversity, the company realized that their traditional project management setup will not be prompt in addressing the client’s needs.
Objective â– Inspired by the agile success stories, the company was willing to invest in agile technology. â– The initial objective was to reduce the time-to-market for the applications. â– The company was also interested in training their employees on agile methodologies.
Challenges With the initial analysis, I discovered that the company also faced challenges because of: ■Requirements of detailed documentation ■Complex quarterly planning ■Phase-gate approach to software development
Solutions â– After carefully analyzing and understanding the business, it was clear that the transition for a stand-alone process would have created more issues than solutions because of the high interdependence of various systems. â– The solution to this would have been an organization-wide transition.
Result â– With the Agile coaching center up, the PMI-ACP certified professionals worked with the rest of the teams to deliver high-quality products to the market quickly and consistently. â– With the new system in place, there was increased visibility into product delivery obstacle.
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