Transitioning from Projects to Products
Help transform your organization's way of thinking from a "Project" mindset to a "Product" one, and unlock your Agile potential!
As more and more companies progress along their paths to digital transformation and embracing agility, there is a common pattern of obstacles that continue to present themselves. Many of these obstacles revolve around the legacy structure of a project and how the business is instrumented to plan, fund, and manage in a legacy project model.
In this one-day training, we seek to understand and eliminate these obstacles by helping organizations rearchitect their ways of working away from “project thinking” to “product thinking.” As part of this, we’ll take a deep dive into how “work” is defined, prioritized, and funded. In fact, we won’t call it “work” anymore as we shift our focus from what jobs we have to do to what outcomes and impacts we wish to deliver for our customers, our market, and our business.
This training provides an overview of Project to Product and then digs into six core areas of focus:
- Product Development Lifecycle (Process), Product-Based Approach, Mean-Time to Pivot (MTTP)
- Persistent Product Teams and Total Product Ownership
- Planning and Product Horizons
- Product-Based Funding
- From Project Management to Product Management
- Measuring Value Delivered to Customers, the Market, and the Business
Attendees leave with an understanding and a sketch of a path forward for guiding this change within their own companies.
Duration
1 day/8 hours of instructionPublic Classroom Pricing
Starting at: $995(USD)
GSA Price: $885
Group Rate: $895
Private Group Pricing
Have a group of 5 or more students? Request special pricing for private group training today.
Download the Course Brochure
From Project to Product
- Project to Product overview
- Changing how we lead
- Changing how we work
- Mean Time to Pivot (MTTP)
- Product Development Lifecycle
- Waterfall
- Iterative delivery with waterfall requirements
- Blended discovery and delivery
- Common constraints to project to product
- Lack of persistent, dedicated teams
- Redefining the role of the PMO
- Absence of Product Management capabilities
- Separation of Business and IT
- Project-based funding
- Persistent teams and total product ownership
- The role of product management
Planning and Product Horizons
- The Iron Triangle
- From “fixed” time, budget, and scope
- Certainty was always a myth
- Product roadmaps
- Outcomes over output
- Measuring value
- When will it be done?
- Estimating in ranges
- To fixed data and variable scope
- Setting leadership expectations
Product-Based Funding
- Product-Based Funding
- “What?” and “Why?”
- Incremental investing
- Funding by people and teams
- Funding cycles
- Minimum Viable Funding (MVF)
- Designing your product-based funding model
- Examples and case studies
Measuring and Learning
- Getting to revenue sooner
- Responding to the market faster
- Achieving outcomes
- Product / Market impact
- Top-line revenue growth
Course Wrap-Up
- Road-mapping your change
Anyone interested in helping transition a company’s way of working from project to product. This may include but is not limited to people in the following roles:
- Finance
- Transformation leaders
- Product Leaders
- Coaches
- Change Managers
- Executives
- Business Leaders
- Gain a foundational understanding of Project to Product and why this transition is critical to agility
- Understand how planning horizons and methods shift in the product-space
- Appreciate the concept of total product ownership and the necessity for product management people and skills
- Differentiate between fixed-scope / variable date & cost planning versus fixed-date & cost / variable scope planning
- Learn the basics of Product-Based funding
- Learn techniques for measuring outcomes and value with product-based funding