Recent COVID-19 challenges have highlighted the fact that companies must rapidly adapt to fast-changing conditions – but many lack experience with agile budgeting practices. Those with experience often report the incompatibility of existing budgeting processes with agile. More and more enterprise executives have sought ways to adjust their financial planning with rolling budgets that maintain a 12- or even 18-month forecast, but they are frequently updated based on business events and rhythms (e.g., quarterly), not on a fiscal year.
In this session, you will learn:
- How agile budgeting supports design thinking and how it moves from funding projects to funding teams
- How to set up a prioritization and review cadence
- The benefits of monitoring objectives and key results (OKRs) and value-stream flow (vs. time tracking)
Margo Visitacion is a vice president and principal analyst at Forrester helping application development and delivery professionals address the challenges of scaling Agile planning and delivery practices to the enterprise level.