Agile Economics: Contracts, Budgets, Capitalization

Full Name(s): 
Pavel Dabrytski
Pavel Dabrytski is an Agile Coach and Trainer at IQ Business. For the past two years, he has focused on helping organisations start their unique Agile journeys. Among them are companies like Investec, Nedbank, Standard Bank, ABSA, TransUnion and Shoprite. He also trained 33 Agile classes in 2014 with over 550 delegates in total. Pavel has been active part of the Agile community and currently servers as a chair of Scrum User Group of South Africa in Johannesburg. Pavel started his journey as a developer in a software company in Belarus. In 2009, dislike of harsh winters and an adventurous spirit brought him to South Africa. Currently he explores topics on Agile Readiness, Organisational Culture Change and Happiness at Work.
Abstract: 
How much does one story point cost? Is Sprint 0 an expense or an asset? Can you run Scrum with a fixed-cost contract? Agile challenges the existing approach to financial aspects of running projects: i.e. budgeting, forecasting, financial planning and vendor contracts. Applying new financial models becomes increasingly important for larger organisations adopting Agile. While they are going through an Agile transformation, they also need to maintain transparent financial governance and reporting. Shareholders would not be too excited about messy Annual Financial Statements. Join me if you would like to know more about Agile Economics. No financial degree is required and all the content explained in plain English with plenty of pictures!
Learning outcomes: 
This session provides overview of multiple approaches to: - Agile contracts - Agile project budgets - Agile project capitalization
Audience Level: 
Advancing
Pre-requisite knowledge: 
Attendees are required to understand basics of Agile and at least one of its frameworks (i.e. Scrum, Kanban) Attendees should have basic knowledge of contracting and budgeting in Software development.
Session Type: 
Talk
Theme: 
Process at Scale
Keywords: 
Agile Economics
Agile Contract
Agile Budget
Scaling Agile
Agile Portfolio