Agile and Project Funding
Do you know of any organization which does not do an ROI analysis before deciding to fund a project?
There may be smaller projects which come out of the discretionary fund of a sponsor but any project of decent size would need to go through a process of ROI calculation and an annual budgeting process.
If this is the reality then how does it gel with agile practices?
How do you estimate the total cost of the project – a practice which is discouraged in Agile?
How do you estimate how long it is going to take even before you know the velocity of the team?
How do you arrive at the complete scope even before you have done your first sprint?
Incremental funding and failing fast may be a great ideas but how will it work in typical organization setup?