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Agile Portfolio in the context of SAFe
Agile Portfolio in SAFe
In SAFe (Scaled Agile Framework), the Agile Portfolio is a level of the framework that focuses on aligning business strategy and execution. It deals with the selection, prioritization, and funding of a set of development initiatives to achieve the organization's strategic goals.
Key Components of Agile Portfolio in SAFe:
Portfolio Vision: A clear and inspiring statement that communicates the strategic intent of the portfolio.
Lean Budgets: Utilizing lean budgeting principles to allocate funds to value streams and Agile Release Trains (ARTs) based on priorities and strategic goals.
Portfolio Backlog: A prioritized list of initiatives, features, or projects that need to be executed by Agile teams within the portfolio.
Epics and Capabilities: Large initiatives or investments that need to be broken down into smaller, more manageable pieces for Agile teams to work on.
Benefits of Agile Portfolio in SAFe:
Enables adaptive planning and execution based on feedback and changing market conditions.
Aligns business strategy with development efforts, ensuring that resources are focused on high-priority initiatives.
Provides visibility into overall portfolio health and progress towards strategic goals.
Encourages collaboration and communication between business stakeholders and Agile teams.
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by Stephan Hagemann