Scope and Funding Assessment
Scope and Funding Assessment is a systematic review process to evaluate whether the current scope of work and allocated funding for a Stream team remain appropriate and aligned with the product's strategic priorities and market conditions.
Goal
The goal is to ensure optimal alignment between team activities, product objectives, and available resources, thereby maximising value delivery and adaptability in response to changing internal and external environments.
Context
Market conditions, customer needs, and product priorities are constantly evolving. Regularly reviewing the scope and funding of Stream teams is essential to ensure that resources are allocated effectively, and team activities remain aligned with strategic goals. This process helps organisations maintain agility, optimise resource utilisation, and enhance the overall performance of Stream teams.
Inputs
| Artifact | Description |
|---|---|
| Product Strategy | Outlines the overarching goals, objectives, and priorities for the product, providing a strategic context for Stream team activities. |
| Stream Dashboard | Provides real-time data on team performance, progress against objectives, and key metrics to inform the assessment. |
| Product Budget | The financial resources allocated to the product, including budget constraints and funding availability. |
Outputs
| Artifact | Description | Benefits |
|---|---|---|
| Updated Value Stream Budgets | The allocation of financial resources to each value stream, based on strategic importance and resource requirements. | Ensures that value streams are funded appropriately to meet strategic goals and objectives. |
Anti-patterns
- Infrequent Assessments: Waiting too long between assessments can lead to missed opportunities to address resource gaps and mitigate risks.
- Lack of Transparency: Not involving stakeholders or the team in the assessment process can hinder communication and collaboration.
- Focusing Solely on Financial Costs: Consider not only financial resources but also team capacity and workload when assessing resource alignment.