An ingenous “more than AGILE” innovation management framework


keeps innovative projects on-track

Industry 4.0 - is pure innovation

involves different aspects: Hw, Sw, Processes, Organization

pushes innovation not natural to the most of the companies

Innovation is

Original, unique, creative, unrepeatable, relevant, never experncied, uncertain ...

... change in the way we do something

How to drive innovation

1
Define desirable objectives
2
Set a reasonable budget (a bet!)
3
Implement
4
(Hopefully) Reach the objectives (winning the bet)

“State of the art” in implementation : AGILE

The best way to manage technical teams

Provides continuous business value

Allows adjustable objectives

Highly focused on collaboration with stakeholders

How to be successful with an innovative project?

1
Define desirable objectives
2
Set a realistic budget
3
Implement
4
Reach the objectives (winning the bet)

The challenges of managing winning innovation

Understanding the Agile implementation progress.

Protecting investments in highly flexible contexts.

Evaluating technical performance

Budget has to be defined before Agile team can be set-up. In this lies the risk.

Keep costs close to budget.

Bridges the gap between pure Agile management and strict budget control,
despite stakeholders not always having specific technical insight related to the project.

Not limited to software projects

What is

The 4 building blocks:

1
Mathematical model based budgeting
2
Real-time alerts
3
Traditional Project Management metrics
4
Skill and performance measurement

How to calculate the budget

Mathematical Model based budgeting

Model is adaptive to the precision of available information

Model is autocorrected by implementation feedback

How to monitor and control the running costs

Elegant reinvention of traditional PM metrics

Real time metrics evaluation

Summarizes the project with one simple and clear index

metrics [1]

Agile
Quotation: f(x)
> 1 Costs excess
= 1 Project on track
< 1 Budget excess

Costs at complete vs Budget ratio

metrics [1]

Agile
Quotation: f(x)
> 1 Costs excess
= 1 Project on track
< 1 Budget excess

metrics [2]

CB

Costs at complete
vs
Budget ratio

BE

Budget Error index

ATP

Agile Team Performance index

How to drive winning results

CB

BE

ATP

metrics [3]

TAE Team allocation efficiency

BTC Budget TO complete

TTC Time TO complete

BAC Budget AT complete

TAC Time AT complete

is a major breakthrough thanks to:

Low footprint framework

Avoiding Gantt charts

Elegantly reinventing standard PM metrics

Capability to deal with a dynamic market context

Protecting investment and reducing risks

Increasing results quality

Visibility on resources skill and performance

Bridging the gap between pure Agile and strict budget control

on the field

IdeaTech has been using Slick for 2.5 years

Weekly based CB reports

Avoiding Gantt charts

Early discovery of critical projects (CB>1.2)

Early discovery of ineffective team members

+25% marginality

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