In Scaling Agile, you must change the traditional project-based funding and coast accounting in a Product Lean-Agile Budget with Lean Budget Guardrails.
” Lean Budget Guardrails describe the policies and practices for budgeting, spending, and governance for a specific portfolio. SAFe provides strategies for Lean budgeting that eliminates the overhead of traditional project-based funding and cost accounting. In this model, LPM maintains appropriate levels of oversight through the allocation of value stream budgets and by applying Lean budget guardrails. This way, enterprises can have the best of both worlds: a development process that is far more responsive to market needs, along with professional and accountable management of spending. “
© Scaled Agile, Inc.
See more here
Lean Budget Guardrails :
- Guide investments by horizons
- Use capacity allocation to optimize value and solution integrity
- Approve significant initiatives
- Insure of Continuous Business Owner engagement
2 thoughts on “Lean Portfolio Management : Lean Budget Guardrails”
I want to point out my love for your kindness in support of persons who must have assistance with your content. Your special dedication to passing the message all around appeared to be astonishingly valuable and has all the time empowered women like me to attain their aims. Your amazing interesting useful information indicates this much to me and even further to my colleagues. Thanks a ton; from all of us.
I simply wanted to jot down a quick remark to be able to express gratitude to you for these great hints you are sharing on this website. My particularly long internet look up has now been rewarded with good know-how to write about with my colleagues. I would state that that many of us website visitors actually are really blessed to exist in a magnificent place with many marvellous professionals with beneficial guidelines. I feel somewhat fortunate to have encountered your entire website and look forward to tons of more amazing moments reading here. Thanks a lot again for all the details.