November 2020 Lunch and Learn: “Do the Agile Manifesto’s 4 Values Align or Conflict with PMBok’s Procurement and Finance Management?” with Ketan Jahagirdar

 

November 18, 2020
12:00 PM - 1:00 PM
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Online Meeting Only


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“How does the Agile Manifesto’s 4 Values Align or Conflict with PMBok’s Procurement and Finance Management?”

Abstract: The Agile project management framework has been increasing in popularity and adoption, even going beyond usage in non software development projects, e.g., automotive product development and production. In the same token, the Agile Project Manager is still responsible, accountable and has a key role in Procurement and Financial Management. We will attempt to answer and reconcile the Agile Manifesto’s 4  Values vs. PMBok’s Knowledge Areas around Procurement and Finance Management. For example, we can have the following debate:

  1. Individuals and interactions over processes and tools
    • Procurement and Finance Management can foster adverse relationships, it is vendor vs. customer, it is Accounts Payable vs. vendor, where can we find the balance?
  2. Working Software over comprehensive documentation
    • No one wants the overhead and admin labor to do documentation, document all work done, document invoices, what is the best solution?
  3. Customer collaboration over contract negotiation
    • During procurement, RFPs, RFQs, the more information is withheld against the vendor(s), the better. How does this foster collaboration?
  4. Responding to change over following a plan.
    • Contracts are legal documents, if the customer changes the plan –this is an automatic change order and thus escalates cost. Is there a middle ground?

Chime in with your actual work experience, how we can reconcile and apply rigor in these two Knowledge areas even in an Agile culture and environment. Our speaker, Ketan Jahagirdar will provide his perspective on this debate, and showcase his tool from ROI Blueprints at a 10k or 5k ft level—how conceptually, we can still have a balance between Agile and PMBok’s Knowledge Areas’ Procurement Management and Finance Management.

Bio:

Ketan brings 25 years of experience with an emphasis in technology strategy, enterprise architecture and program management of complex multi-year transformation programs. Before starting ROI Blueprints in 2014, Ketan was a senior principal at Diamond Management & Technology Consultants, and later joined First Group International, where he led Application Development and IT R&D. He started his engineering career at Motorola where he developed software for the GSM Cellular Phones. He is the primary inventor on United States Patent ( #08/869543) : "Communication Device Having Multiple Displays & Method of Operating the Same.

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NOTE: Online meeting details are provided in the confirmation email and will be sent again the evening before the session.