Project Management vs Product Management | Knowledge Train

Copied!A business case helps decision-makers judge whether an investment is worth the time, money and risk.

Key takeawaysState the reason for the activity and ensure it aligns with organisational strategy.Can I take a Scrum Master course online?

DSDM is an agile framework that blends iterative delivery with built-in project management discipline.Compare realistic options, including doing nothing, and clearly justify the preferred choice.
Keep decisions anchored to the business case by prioritising with MoSCoW and delivering within fixed timeboxes.Separate project costs and timescales from ongoing operational costs and benefit realisation timescales.
Build one collaborative team by involving business, technical staff and stakeholders throughout via workshops and empowered roles.Define benefits in measurable terms and distinguish outcomes from benefits so performance can be tracked.Can I take the Scrum Master exam without a course?
Fix quality expectations early and protect them with continuous testing and frequent reviews.Include known dis-benefits and major risks, plus mitigations, to avoid one-sided decisions.
Agree firm foundations upfront, then deliver increments that are regularly revalidated against viability and feedback.Use an investment appraisal, such as net benefits and break-even timing, to test viability.

Project management vs product management

ContentsHow do I learn Scrum?Contents

ContentsHow long does it take to learn Agile Scrum?

Contents Introduction
Introduction How long does it take to train as a Scrum Master? What is a business case?
DSDM (Dynamic Systems Development Method) - an agile method Business case examplesHow quickly can I become a Scrum Master?
DSDM principles - the building blocks Business case template
The 8 DSDM principles How quickly can I learn Scrum? Summary
Summary Business case FAQsHow to become a Scrum Master in the UK?
FAQsIntroduction IntroductionThis article explains how to write a business case. It includes 2 business case examples and a free business case template for you to
Learn the 8 DSDM principles and ensure they stick in your mind with this handy graphic and article. Ideal if you are working on DSDM projects at the moment or taking an downloadHow to become a Scrum Master with no experience?AgilePM course.
.You’re probably reading this article because you want to know how to write a business case. Perhaps your organisation is embarking on a major project to develop a new product. Or, perhaps you’re thinking of moving house so your family can enjoy a better life. In either case, you write a That’s because the Agile PM certification scheme is based upon the DSDM framework. So, by attending an business caseHow to become Scrum Master in the UK?
Agile Project Management course to ensure the investment is worthwhile. (Agile PM course) you will essentially be learning about DSDM.In this article we’ll give you 2 business case examples, provide you with a simple business case template for you to use, and explain how to write a business case.
DSDM (Dynamic Systems Development Method) – an agile methodEnhance your skills with our expert-led coursesIs it hard to learn Scrum?DSDM (Dynamic Systems Development Method) is an iterative agile framework which was originally developed to deliver software projects iteratively, and in a more efficient way. DSDM is sometimes referred to as DSDM Atern.

DSDM became the first agile framework to incorporate agile project management aspects. Compared with

Scrum Is Scrum Master course difficult? which focuses solely on product delivery during an iteration, DSDM also has built-in project management capabililties. DSDM therefore is quite different from other agile frameworks.Instructor-led

DSDM is not only useful on software projectsBetter Business Cases Practitioner (with Foundation) course

DSDM can be applied to What education do you need to be a Scrum Master?

projects£2,400 +vat other than software projects. It can also be applied on any product development projects. By delivering a workable product incrementally at the end of each timebox, DSDM can deliver business value early in the product development lifecycle. DSDM provides agile project managementSee all datesWhat is a Scrum course?

In the UK, the Agile Business Consortium worked in partnership with APMG International to create Agile Project Management (AgilePM), an agile project management certification scheme with exams. agileKRC offers both classroom training in AgilePM, as well as e-learning solutions. Both training options include the

AgilePM exam

. What is Agile and Scrum training?

Enhance your skills with our expert-led courses Self-paced Better Business Cases Practitioner (with Foundation) self-paced online What is Scrum Agile training? £1,199 +vatInstructor-led AgilePM Practitioner (with Foundation) courseWhat is Scrum Master course for?

£1,699 +vat Self-paced

What is Scrum training?Better Business Cases Foundation self-paced onlineSee all dates £699 +vat

What is the best Product Owner training?What is a business case?

A business case is the justification for some activity (e.g. a project) undertaken by your organisation. It weighs up the timescales, costs and risks of doing the activity against the benefits to be gained. Think of it as weighing up the pros and cons and then taking a sensible decision.Self-paced A business case forms an essential component of the curriculum of the AgilePM Practitioner (with Foundation) self-paced onlineWhat is the best Scrum course?best project management courses

The visionary, ambassador and business advisor roles also ensure collaboration. The visionary conveys the sponsor’s needs to the team and ensures the business case objectives are achieved. Ambassadors communicate user’s needs to the development team, whilst business advisors assist with areas such as law or marketing. On a non-agile project, these roles would be performed outside of the project or would not exist at all.Often in organisations there are rules defined to help business analysts or

4. Never compromise qualityproject managers Quality is always fixed on DSDM projects and must be decided at the start. The final product shouldn’t be any more or any less than the quality decided upon. write what’s called an investment appraisal. In the next example, we’ll look at one example known as net benefits.Do Scrum Masters get paid well?
Continuous testingBusiness case example 2: Handheld device project To adhere to this principle, DSDM teams must ensure quality doesn’t become a variable by testing continuously and reviewing constantly. This testing and reviewing occurs during the ‘exploration’ and ‘engineering’ iterative development phases. Testing should happen early in the project. Again, MoSCoW and timeboxing can be used to ensure testing is appropriate and organized.Imagine a heating repair services company that uses a paper-based set of forms filled in by an engineer during site visits. The spare parts required to fix the heater are recorded on a form which is given to staff to process back in the office. They then order the parts, and schedule a follow-up visit for the engineer to fix the heater.
5. Build incrementally from firm foundationsEnhance your skills with our expert-led coursesDoes Scrum Master certification expire?DSDM differs from other
agile methods as it requires the foundations of the project to be agreed early. The foundations don’t need to be in too much detail – just agree on what the problem is and how to solve it. Once foundations are established, the solution must be delivered incrementally.Does Scrum Master require coding?

Just enough design up front

How do I become a certified Scrum Master?
How do I become a Scrum Master?

How do you qualify as a Scrum Master?

How fast can I get a Scrum Master certification?

Is CSM easy to pass?

Instructor-ledIs CSM hard to pass?Better Business Cases Practitioner (with Foundation) course

£2,400 +vatIs CSM in demand?

See all dates

Is getting a Scrum Master certification worth it?

Self-pacedIs it stressful to be a Scrum Master? Better Business Cases Practitioner (with Foundation) self-paced online

Is Product Owner harder than Scrum Master?£1,199 +vat

Are the major risks faced by the project explicitly stated, together with any proposed responses?How do you write a good business case?

A good business case must contain certain key information including:

The reasons for doing the project;The business options which have been considered, including the base business options of do nothing, so something, or do something else;

Project and operational costs;Project and operational timescales;
Benefits, expressed in measurable terms;Investment appraisal (or cost benefit analysis);
Major risks and their mitigation plans;How long is a business case?

A good business should be long enough that it contains all the information needed for the decision-makers to take an informed decision about whether to invest in the project. That means, remove any waffle, and only include information which helps decision-making.

What’s included in a business case?

The following are the most important items to put into a business case:

The reasons for the project (answers the question ‘Why are we doing this?’);The options considered – e.g. do nothing, do something, or do something else – (answers the question ‘What’s the best option?’);

The expected benefits – in measurable terms – (answers the question ‘What’s the return?’);

Costs – both project and operational – (answers the question ‘How much will it cost?’);Timescales – for the project and for realizing benefits – (answers the question ‘How long will it take?’);Investment appraisal – weigh up costs, times, risks against benefits – (answers the question ‘Is it worth it?’);Major risks – (answers the question ‘What if?’).

What is a business case template?

You can download an example business case template here

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What is the purpose of a business case?The purpose of a business case is simple – it’s used to justify an investment in an activity. Typically, in an organisation this activity is a project. It helps give confidence to management that their investment is worthwhile and will realize benefits for the organisation.Who owns a business case?A business case is owned by the person who is funding the project. The name of this role is different across organisations, but commonly this role is known as a project sponsor, or project executive.