Case Study: Adoption Of Agile Portfolio Management By Getty Image

Great Essays
Adoption of Agile Portfolio Management by Getty Image
Name
Professor
Institution
Course
Date

ADOPTION OF AGILE PORTFOLIO MANAGEMENT BY GETTY IMAGE 2

Adoption of Agile Portfolio Management by Getty Image
Question 1
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.
Question 3
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.
References
IDC. (December, 2011) Agile Portfolio Management: Getty Images Gains Visibility and Alignment with Kanban Portfolios. IDC CUSTOMER SPOTLIGHT. Retrieved from:

Related Documents

  • Decent Essays

    On culture, project management body of knowledge suggests that there should be cultural understanding. For example, the manager of the project should understand how new projects affects the organization and how the organization affects the project. The understanding of such factors is important since it will determine the employees that will be included in the new project plus the resources need to make it a success (Indelicato,…

    • 315 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    PMGT 570-91- O-2017/Fall - Agile Project Management w/Scrum Methodology Unit 14 - Part 2: Methodology Comparison Madhuri Duryodhan Anekar 189591 Write a substantive 2000 word Doc comparison of the three methodologies below using at least 3 tables with each table comparing the three methodologies in one or more domain. Word count is in addition to words used in table. DAD - Disciplined Agile Delivery (new not covered in class) SAFE - Scaled Agile Framework Scrum - Class Notes, Lectures, Include roles, processes, artifacts, benefits, complexity, usage, tools, and other domains you choose. Ans: 1.…

    • 867 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    From considering these matters we decided that an agile process would be the best to follow for our project as it would allow us to gain…

    • 990 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Huffman Trucking Case Study

    • 4053 Words
    • 17 Pages

    2008). The level of communication and interaction between project team members will also be reflected by the organizational culture. If the organizational culture of Huffman is to promote cooperation between team members and to provide opportunities for them to participate in decision making via tools such as brainstorming, there will be a high level of interaction between team members resulting in better coordination, productivity, morale, efficiency and generation of good ideas in the project related tasks. A Culture Analysis can determine the relative effectiveness of Huffman Trucking’s innovations to optimize their organizational performance. The results will enable the organization to identify and implement effective culture-based innovations that improve the company’s performance and enhance their project management efforts.…

    • 4053 Words
    • 17 Pages
    Great Essays
  • Great Essays

    American Shogun Case Study When a high-profile project is implemented, there needs to be a lot of planning, research, and flexibility. When a high-profile project also includes a very aggressive deadline, there is little room left for error.…

    • 1141 Words
    • 5 Pages
    Great Essays
  • Decent Essays

    Analysis This work presents a single case of a hybrid student FOSS project where ASD and FOSS were combined and reports if this combination benefits the contributors. They conducted Action Research (AR) with one sub-team of a large hybrid student FOSS project, and performed three AR cycles based on the Kanban method. The Kanban practices visualize the workflow, make policies explicit and implement feedback loops were examined during the AR cycles. first, it describes a real world situation, where Kanban is applied to a hybrid student FOSS project, and second, it determines that the combination is experienced as beneficial by contributors. Study participants report a positive effect on communication with other teams and stakeholders due to the use of the Kanban and regard their time acquiring knowledge about Kanban practices as well spent.…

    • 240 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    The Agile Approach

    • 405 Words
    • 2 Pages

    For the project development, the Agile Approach is formed me the most significant concept of the readings. The approach fits our process for surveillance error detection. It starts with detecting a network problem, and then moves to what actions taken to fix the issue. The third step will be to…

    • 405 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    It’s a complex system with many variables, and the creation and modification of an organizational culture takes time. Today’s culture is the result of the actions and in many cases inactions of an old Leadership Team, the old Sprint. It is a culture plagued with confusion, distrust, resentment, and low morale. Hope remains nonetheless.…

    • 729 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    The status of the project can be evaluated by team, through each phase of the build. Agile methodologies are open to change and transformation. This can be achieved by constant feedback from the users. Some work might need more priorities than others. In that case,…

    • 1855 Words
    • 8 Pages
    Superior Essays
  • Superior Essays

    Task 1 a) Why business tends to give significance to the operations management? (1.1) 1.1.1 What is Operation Management (OM)? Operation Management is an activity of organizing the resources which are linked to the production and delivery of products and services (Iris). The mangers of operation management have a primary duty of processing the input into the output.…

    • 3964 Words
    • 16 Pages
    Superior Essays
  • Improved Essays

    Question no 3: 1. Identify and briefly describe the six phases in team project? The six phases in team project are as follows: a) Inception phase. b) Definition phase.…

    • 1433 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    While conducting research of project management and one of the process groups – monitoring and controlling – there are 11 processes within that group that span all 12 knowledge areas (PMBOK, 2013). The PMBOK illustrates a great foundation for project managers to build a concrete framework for successful monitoring and controlling. That foundation includes inputs, tools and techniques, and outputs needed for success. A Project Manager may face challenges along the life cycle of a project but being able to effectively monitor and control activities with tools, mechanisms and knowledge can reduce those challenges and turn them into opportunities. This paper will outline the definition of monitoring and controlling, lessons learned and challenges a project manager may face with monitoring and controlling a project.…

    • 885 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Meetings with the client occur often to address what the customer really wants versus what he or she described. An agile methodology has more detail than what was described. As a result, this newer methodology only works if it’s performed correctly. For example, HealthCare.gov attempted to use an agile methodology (4), yet failed to deliver a complete quality project when the deadline approach. A software engineering has the responsibility to know these methodologies, correctly apply these methodologies, and recognize which methodology to use depending on the project…

    • 1736 Words
    • 7 Pages
    Improved Essays
  • Superior Essays

    Dashboard Design

    • 1635 Words
    • 7 Pages

    This is beneficial to improve agility and close collaboration. Furthermore, once these teams are formed, a virtual dashboard is implemented so that each team member is up to date on what projects are in process of being created and how much progress has been made. In these respects it is necessary to document the infrastructure of the project and post this information on the dashboard, so that a holistic structure guides the team and features are scalable (Barrett, 2016). As you implement these features, keep in mind that resistance to change in the workplace is normal.…

    • 1635 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Unilever is a multinational fast moving consumer goods (FMCG) company. It is a British-Dutch company which operates in four main categories; Health and personal care (HPC), Refreshments, Food and Home Care. It is the world’s third largest FMCG company operating in several companies. Unilever is the largest producer of food spreads eg. margarine and it’s products are available in around 190 countries.…

    • 1494 Words
    • 6 Pages
    Improved Essays