The Course Content
Day One: Introduction and Agile Project Budgeting Fundamentals
Introduction to the course and overview of Agile project budgeting
Understanding the Agile methodology and its impact on project budgeting
Key principles of Agile project management and how they relate to budgeting
Overview of traditional project budgeting methods and their limitations
Agile budgeting frameworks and techniques
Case studies and examples of Agile project budgeting in action
Day Two: Agile Estimation Techniques and Budget Planning
Estimating project costs in an Agile environment
Agile estimation techniques, including story points, relative sizing, and planning poker
Determining the level of effort and complexity for Agile projects
Building a budget plan for Agile projects, including cost breakdown and resource allocation
Strategies for managing uncertainty and risk in Agile project budgeting
Practical exercises and group discussions on Agile estimation and budget planning
Day Three: Agile Project Tracking and Budget Control
Monitoring and tracking Agile project budget throughout the project lifecycle
Agile project metrics for budget control and progress evaluation
Tools and techniques for tracking Agile project expenses and resource utilization
Agile budget variance analysis and corrective actions
Communicating budget status and progress to stakeholders in an Agile context
Case studies and real-world examples of Agile project tracking and budget control
Day Four: Agile Contracting and Vendor Management
Agile contracting models and their implications for project budgeting
Vendor selection and negotiation in Agile projects
Agile contract terms and conditions related to budgeting
Managing Agile project budgets in a multi-vendor environment
Strategies for maintaining transparency and accountability in Agile vendor management
Best practices for Agile contract administration and budget oversight
Day Five: Agile Budget Adaptation and Continuous Improvement
Adapting and adjusting Agile project budgets as project requirements change
Budget re-forecasting and reallocation techniques in Agile projects
Agile budget governance and decision-making processes
Continuous improvement of Agile project budgeting practices
Building an Agile budgeting culture within the organization
Review of key concepts and takeaways from the course