How Is The Flow Of Portfolio Epics Managed - 666how.com (2023)

The portfolio epic flow is the process of managing and delivering a portfolio of epics. It includes defining the scope and contents of the portfolio, planning and sequencing the delivery of the epics, and monitoring and reporting progress against the portfolio.

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The portfolio epic flow is an important part of any organization’s agile delivery process. It provides a way to manage and deliver a large number of epics in a coordinated way, ensuring that each epic is delivered in the right order and at the right time.

There are four main steps in the portfolio epic flow:

1. Defining the scope and contents of the portfolio

2. Planning and sequencing the delivery of the epics

3. Monitoring and reporting progress against the portfolio

4. Adjusting scope, priorities, and plans as needed

1. Defining the scope and contents of the portfolio

The first step in managing a portfolio of epics is to define the scope and contents of the portfolio. This includes identifying which epics will be included in the portfolio, and defining the relationships between them.

It is important to ensure that all stakeholders agree on the scope and contents of the portfolio before proceeding to the next step. This will help to avoidScope creep and ensure that everyone is clear on what needs to be delivered.

2. Planning and sequencing the delivery of the epics

Once the scope and contents of the portfolio have been agreed upon, the next step is to plan and sequence the delivery of the epics. This includes creating a high-level delivery schedule for the epics, and deciding whichepic should be delivered first, second, third, etc.

It is important to consider dependencies when sequencing the delivery of epics. For example, if Epic A must be delivered before Epic B, then Epic A should be scheduled for delivery before Epic B.

3. Monitoring and reporting progress against the portfolio

Once the epics have been planned and sequenced, it is important to monitor and report progress against the portfolio. This helps to ensure that each epic is delivered on time and within budget.

It is also important to review the status of each epic regularly, and adjust scope, priorities, or plans as necessary. This helps to ensure that the overall delivery of the portfolio remains on track.

4. Adjusting scope, priorities, or plans as needed

As mentioned above, it is important to review the status of each epic regularly, and adjust scope, priorities, or plans as necessary. This helps to ensure that the overall delivery of the portfolio remains on track.

There may be times when an epic needs to be added to or removed from the portfolio due to changes in business requirements or priorities. In such cases, it is important to update the scope, priorities, or plans accordingly.

How are portfolio epics sequenced

The sequencing of portfolio epics is a critical component of product delivery. By aligning epics with the company’s strategy, you can ensure that the products you deliver are aligned with the overall direction of the business. Here are some tips on how to sequence your portfolio epics:

1. Start with the company’s overall strategy.

2. Break down the strategy into smaller goals or objectives.

3. Align each epic with one of the smaller goals or objectives.

4. Sequence the epics based on their importance to the company’s overall strategy.

5. Make sure that each epic is achievable and has a clear end goal.

By following these tips, you can ensure that your portfolio epics are properly sequenced and aligned with the company’s overall strategy. This will help you deliver products that are aligned with the business and meet the needs of your customers.

How does the flow of portfolio epics compare to the flow of project epics

The flow of portfolio epics is different from the flow of project epics for a number of reasons. First, portfolio epics are typically created at the beginning of a project and are then used to guide the project’s development. This means that they are often more abstract than project epics, which are usually created during the project’s execution and are more concrete. Second, portfolio epics are often used to track progress across multiple projects, while project epics are typically used to track progress within a single project. Finally, portfolio epics are typically reviewed and updated on a regular basis, while project epics are usually only reviewed and updated when the project is complete.

How often are portfolio epics reviewed

Portfolio epics are generally reviewed on a quarterly basis, although this may vary depending on the organization. The review process typically involves stakeholders coming together to discuss the status of each epic and whether any changes need to be made. This is often done in conjunction with other reviews, such as those for individual projects.

What criteria are used to determine whether a portfolio epic is complete

The portfolio epic is complete when all the requirements in the project are completed and accepted by the customer.

How are stakeholders involved in the management of portfolio epics

In project management, a portfolio epic is a large scale project or undertaking that is subdivided into smaller, more manageable parts, called episodes. Each episode has its own objectives, risks, and benefits that must be considered when developing the overall portfolio epic strategy.

The management of a portfolio epic requires the involvement of all stakeholders in order to ensure its success. This includes those who will be directly affected by the project, such as customers, employees, and shareholders. Furthermore, other interested parties, such as suppliers, partners, and regulators, must also be taken into account.

Each stakeholder will have their own objectives and concerns that must be addressed during the planning and execution phases of the project. For example, customers may be interested in the project’s timeline and budget, while employees may be concerned with the impact the project will have on their work. It is therefore essential to involve all stakeholders in the management of a portfolio epic in order to ensure its successful completion.

How does the management of portfolio epics impact project delivery

Epic management is essential for successful project delivery. By definition, an epic is a large body of work that can be broken down into smaller, more manageable pieces. Epics are often used in software development to describe a user story that is too large to be completed in one sprint.

Project managers must carefully consider how to break down epics into smaller stories that can be completed within the timeframe of the project. They also need to consider how those smaller stories will impact the overall delivery of the project.

There are a few different ways to manage epics. One popular method is known as the product backlog. The product backlog is a prioritized list of all the work that needs to be done on a project. It includes epics, user stories, and other tasks. Project managers use the product backlog to plan and track the progress of the project.

Another way to manage epics is through using Kanban boards. Kanban boards are visual tools that help project managers track the status of work items. Each work item is represented by a card, and the cards are placed on the board according to their status. For example, a card representing an epic might be placed in the “To Do” column if it has not been started yet. Once work on the epic begins, the card would be moved to the “In Progress” column. And once the epic is completed, the card would be moved to the “Done” column.

Kanban boards can be used to manage epics at a high level, or they can be used to manage individual user stories that make up an epic. Either way, they can be helpful tools for keeping track of progress and ensuring that epics are delivered on time and within scope.

What are the benefits of managing portfolio epics effectively

There are many benefits of managing portfolio epics effectively. One benefit is that it can help prioritize which features or projects to work on first. It can also help prevent scope creep by keeping the project team focused on the most important tasks. Additionally, it can help improve communication between the project team and stakeholders.

What challenges does effective management of portfolio epics pose

Epic management can be a challenge for any organization, but there are some unique challenges when it comes to managing a portfolio of epics. One challenge is ensuring that each epic is given the appropriate amount of attention and resources. Another challenge is ensuring that the overall portfolio of epics remains aligned with the organization’s strategy. Lastly, effective portfolio epic management requires ongoing communication and coordination between various stakeholders.

What best practices should be followed when managing portfolio epics

There are a few best practices that should be followed when managing portfolio epics:

1. Keep the big picture in mind: When working on epics, it’s important to keep the big picture in mind. This means thinking about how the epic will impact the overall portfolio, and making sure that it aligns with the portfolio’s goals.

2. Be clear and concise: When communicating about an epic, it’s important to be clear and concise. This means being clear about what the epic is, why it’s important, and what needs to be done in order to complete it.

3. Stay organized: Another important best practice is to stay organized. This means creating a clear and well-organized plan for how the epic will be completed, and making sure that all of the stakeholders are aware of this plan.

4. Be flexible: Finally, it’s important to be flexible when working on epics. This means being willing to adapt the plans as needed, and being open to change.

Are there any tools or techniques that can help with the management of portfolio epics

There are a few tools and techniques that can help with the management of portfolio epics. One is called the product backlog, which is a list of all the features, tasks, and defects that need to be completed for a product. This can help prioritize and track progress on epics. Another tool is called the release burndown chart, which shows the amount of work remaining in a release. This can help identify if an epic is at risk of not being completed on time. Finally, velocity tracking can help predict how much work can be completed in future sprints and releases.

Other Related Posts

How Does An Agile Team Maintain Requirements

How Is The Flow Of Portfolio Epics Managed - 666how.com (2)
How Does An Agile Team Maintain Requirements

An agile team is a self-organizing, cross-functional team that is responsible for a specific product or service. The team members work together to complete a set of tasks in order to achieve a common goal. In order to be successful, an agile team must be able to maintain requirements and adapt to changes quickly.

There are many different ways that an agile team can maintain requirements. One way is by using a product backlog. A product backlog is a list of all the features, tasks, and bug fixes that need to be completed in order to release a product. The product owner is responsible for maintaining the product backlog and ensuring that it accurately reflects the current state of the product. The product backlog can be used to help the team prioritize their work and make sure that they are always working on the most important items first.

Another way that an agile team can maintain requirements is by using user stories. User stories are small, bite-sized pieces of functionality that can be completed in one sprint. Each user story should be written from the perspective of the user and should include enough detail so that the development team knows what needs to be done. User stories are a great way to capture detailed requirements without getting bogged down in too much documentation.

The final way that an agile team can maintain requirements is by using acceptance criteria. Acceptance criteria are conditions that must be met in order for a user story to be considered complete. These criteria should be agreed upon by the product owner and the development team before work on the user story begins. Acceptance criteria can help to ensure that user stories are being developed correctly and that they meet the needs of the customer.

An agile team must be able to adapt to changes quickly in order to be successful. This means that the team must be flexible and willing to change their plans if necessary. The product owner should keep the team updated on any changes to the product backlog or user stories. The development team should also be prepared to change their plans if they find out that a user story cannot be completed within one sprint.

In order to maintain requirements, an agile team must be able to communicate effectively. The product owner should communicate with the development team regularly in order to ensure that everyone is aware of the current state of the product. The development team should also communicate with each other frequently in order to discuss any new ideas or problems that they are having. Effective communication will help to ensure that the agile team can maintain requirements and adapt to changes quickly.

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