Robust Budgets & Plans in Agile Projects - ONLINE

In this seminar, we present an approach for securing robust budgeting in Agile IT projects – a solid Backlog Budget. The method is also applicable to other types of projects.

We’re joined by an experienced IT practitioner who has worked in agile environments for years and faced the challenge of creating reliable budgets – and an experienced IT manager who has provided estimates for numerous IT projects.

Here’s one solution: Involve the project team in an effective estimation process to identify and assess general uncertainties and estimate both risks and deliverables – before going into Sprints. This gives you a Backlog Budget. For each sprint, a portion of the backlog budget is allocated.

📸 Photo: CEO Klaus B. G. Hjulmand from KB-Software.dk and a consultant during an analysis of a time budget for a software tender to a municipality in Jutland. He’ll share how Unknown Unknowns played a major role in the tender budget – and how clarification was essential. 

• Struggling to stay within time and budget?
• Unable to give the project sponsor a reliable estimate of hours?
• Disruptions caused by other projects that overrun?
• Lacking resources because other projects are delayed?

Then listen to the experiences shared by senior consultant Rolf Christensen, CEO Klaus B. G. Hjulmand, and senior consultant Henrik K Søndergaard. 

• Why do budgets and plans often fail?
• What are the fundamentals of this method?
• The role of Unknown Unknowns (the unpredictable)
• Product, Sprint & Budget Backlogs
• Participants will engage with questions and visual slides. 

🎯 Key Takeaways

• Understand why traditional methods fail in agile setups
• Learn how to estimate your Backlog Budget for the entire project
• Learn how to handle the unpredictable (Unknown Unknowns)
• Understand how the method can be communicated within an agile environment

🎬 Watch Videos on YouTube

• Klaus’ experience with Unknown Unknowns – Link , 8 mins
• Estimating Unknown Unknowns – Link , 18 mins
• Henrik’s intro to NEM-Budget – Link , 5 mins
  
  → NEM-Budget is a simple approach to give executives a clear and actionable budget overview. 

This seminar is for you if you are:

• A software developer
• A product sponsor
• A product owner
• A scrum master
• A PMO lead or project controller
• Or simply someone interested in robust budgeting

Don’t miss this opportunity to get the recipe for Robust Budgeting! The method is license-free and open to anyone with a bit of training. It aims to create a robust high-level budget and can scale with project size and complexity. 

📊 Use of the analysis results

The analysis provides budgets for initiatives (major deliverables) in the project.

During sprint planning, a portion of the budget is allocated to that initiative or release train.

In the sprint itself, teams can use Scrum Poker, Function Points, or other estimation techniques to break it down to team-level hours. 

Rolf Christensen, Senior Consultant & Co-owner of Escape.company

Rolf has worked with IT projects for over 15 years, the last 10 in agile roles as Product Owner & Scrum Master in major projects at companies like Vestas. He is co-owner of Escape Company, home to 60+ senior project managers across mechanical, software, and IT fields. 🔗 LinkedIn 

Klaus B. G. Hjulmand, CEO & Owner of KBsoftware.dk

Klaus has over a decade of experience developing IT solutions and runs his own company. Clients include: NORLYS, Region Midtjylland, Region Nordjylland, Region Syddanmark, Vestas, and more. 🔗 LinkedIn 

Henrik K Søndergaard, Senior Consultant & Owner of COMPILOT.dk

Henrik has 28 years of experience as a project manager in the energy sector. He teaches and speaks on project leadership and works across energy, construction, and IT on topics like risk management, budgeting, and planning.

He runs the YouTube channel “Risk Management & EBIT Styring.” 🔗 LinkedIn  

------------------------------

Registration procedure for the webinar:
Once you have registered you will receive a confirmation e-mail. At the bottom of this mail you will find a link to the webinar. You log in through this link and are forwarded to the site where the webinar is shown.

Should you have any problems logging in, you are welcome to contact us at: webinarsupport@ida.dk

Also check out our FAQ site where you can get answers to the most frequently asked questions in connection with webinars: FAQ about IDA webinars

Privacy info: If you would like to participate anonymously, we recommend you join by browser instead of using the Zoom software client or app, and when Zoom asks you to provide your name you can enter "Anon" or another pseudonym. Zoom processes personal information in global datacenters including USA and processing is carried out according to EU Commission standard data protection clauses. Privacy Shield. For further details, we refer you to the Zoom privacy policy available here: https://zoom.us/privacy

It is not allowed to share the zoom link or the video link with others, or to record audio and images of the webinar.

Organizer: The Danish Society of Engineers, IDA

Sign up: Not a member? In order to sign up, you must create a user profile. Note, when creating a user profile, you will be able to access IDA's online services - you will not become a member of IDA.

Important information regarding personal data on participant lists: Your name, title and company name will appear on the participant list for this event if you have previously given consent or have given consent in connection with registration to this event. The participant list is available to the organizer and the other participants at the event itself in the form of an online participant list. At some events, a name tag is also given out, where your name, title and company name appear. If you unsubscribe from the event, your information will no longer appear on the participant list.
You can read more about consent here,

When you are registered as a participant at this webinar, you will also automatically receive info about the next webinar within the same subject area.