Additionally, SAFe work Items such as Epics, Features, and Stories are then created against a particular Product. It’s important to note that Epics can belong to multiple Products with proportionate budgets extracted from each Product. This activity happens throughout the year and allows organizations to shift to market demands rapidly.
Simply put, the speed of business today doesn’t support the principles behind planning Projects for an entire year. By shifting from a Project funding model to a Product funding model, organizations can:
- Maximize revenue by moving Agile teams to support higher profit-margin Products
- Pull the highest-ranking Initiatives from a backlog of Product Ideas
- Calculate the ROI to justify why a particular Initiative deserves attention
For more information, check out Rego Consulting’s free webinar on Investment funding through ServiceNow.