Disciplined Agile

Secure Funding

This Inception process goal describes how we obtain funds for the team. To be effective, we need to consider three important questions:

  • How will we fund the team?
  • What type of team are we funding?
  • How will we access those funds?
2021 Project Management Institute Secure Funding v5.2 Choose Funding Strategy Charge by feature Cost plus Time and materials (T&M) Stage gate Fixed price/cost (ranged) Fixed price/cost (exact) Choose Funding Scope Value stream Line of business (LOB) Product (long-lived) team Project team Access Funds Funding pool Informal request Formal request

Figure 1. The Secure Funding process goal diagram (click to enlarge)

You can use the DA Browser to learn more about the options in the goal diagram of Figure 1. 

Why is This Important?

The Secure Funding process goal is important to most agile teams because, at least initially, they need the money to pay for development of the solution. In the case of product teams, discussed below, they may eventually become self-funding where the revenue or cost savings from their solution is sufficient to pay for the ongoing cost of development. But until the team gets to that point they need some “seed funding” that will be decided upon by this point.

More Information

Choose Your WoW!

The strategies/practices referenced in the goal diagram above are described, including the trade-offs involved and considerations for when (not) to apply them, in the book Choose Your WoW! A Disciplined Agile Delivery Handbook for Optimizing Your Way of Working.

If you want to succeed at enterprise agile you need choices, not prescriptions.