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Budget Management with Agile Projects
Article

Budget Management with Agile Projects

PM Times, 2019

audio autogenerado
audio autogenerado

Editorial Rating

8

Qualities

  • Applicable
  • Concrete Examples
  • For Experts

Recommendation

Managing budget for agile projects can seem more art than science, given its complexities. In a brief article for PM Times, Sounderrajan Seshadri – a veteran budget manager at Shinsei Technology Services in Singapore – offers lessons learned from a migration project in the banking industry. Seshadri recommends a combination of approaches to achieve predictability and flexibility.

Take-Aways

  • Scope changes in agile projects can present challenges for budget management.
  • During the project phase, perform sprintwise budget management.
  • To enhance predictability, carefully plan four or five sprints in advance.

About the Author

Sounderrajan Seshadri is a project manager at Shinsei Technology Services in Singapore.


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