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A case study to support the use of Agile technologies to reduce Time-to-Market without compromising with the quality of the business solutions being provided.
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Introduction • 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. • 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 • Inspired by the agile success stories, the company was willing to invest in agile technology. • The initial objective was to reduce the time-to-market for the applications. • 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 • 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. • The solution to this would have been an organization-wide transition.
Result • 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. • With the new system in place, there was increased visibility into product delivery obstacle.
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