ADOPTION OF AGILE PORTFOLIO MANAGEMENT BY GETTY IMAGE 2
Adoption of Agile Portfolio Management by Getty Image
Basically, the adoption of agile project management and agile portfolio management is highly influenced by corporate culture. This means that for any agile transformation, success or failure of the adoption is determined by culture. This is because no company can be agile without the support or the backing of the culture of the company. Agile project management helps to foster an organizational culture that supports learning by carrying out continuous research as well as high-level cross-functional communication (IDC, 2011). …show more content…
Secondly, the company would still have a heavy reliance on timelines and roadmaps that are fixed and upfront. This would cause great challenges in team project prioritization as well as the generation of reports on the status of the projects (IDC, 2011). Were it not for the Kanban boards, the access of data relating to cross-projects would have been impossible.
Getty Image’s Project Management Office (PMO) changed its planning and prioritization methods through the Rally Portfolio Manager (RPM) through its Kanban boards. Before the application of the RPM, the PMO was concerned with the development of processes and tools for
ADOPTION OF AGILE PORTFOLIO MANAGEMENT BY GETTY IMAGE …show more content…
This means that Getty Image should also be prepared to make further changes in its methodologies as well as its ways of doing business such as dashboard presentation of its portfolio for its managerial teams. On the other hand, Getty Image will also require generating better visibility especially in regard to the metrics of time to market (IDC, 2011). The demand for
ADOPTION OF AGILE PORTFOLIO MANAGEMENT BY GETTY IMAGE 6
visibility has become really important since currently there are challenges in cumulative flow diagrams (CFDs) which are forecast and tracking charts that show the status of different projects. Finally, there is a need for emphasis on enhancing the speed of delivery of the individual teams.
IDC. (December, 2011) Agile Portfolio Management: Getty Images Gains Visibility and Alignment with Kanban Portfolios. IDC CUSTOMER SPOTLIGHT. Retrieved from: