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Product Budgeting Done in an Agile Way
“Sorry, our budgeting process is not yet very flexible or Agile; you will just have to make those numbers that we forecasted last year.” Have you ever heard something similar in your company? Have you ever been in that situation where the budgets, forecasts, targets, or plans were set in stone and couldn’t be changed? When a product fails to meet its budget, target, or forecast, it could be failing because the Product Owner
Produced a bad plan.
Produced a good plan but failed to execute it.
Produced a bad plan and failed to execute it.
There may be many other reasons for not making the targets, of course. External factors such as market changes, changes in customer needs, an international crisis, ...
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