Advanced Project Management Series. Validating Requirements
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1 Advanced Project Management Series Validating Requirements 1
2 Things to Know All participants will be on mute. Questions are welcome. Use the question box to ask questions. PM training is valid for 1 PDU Must be in attendance PDU certificate sent by the end of the week
3 Moderator Denise Rodriguez Project Insight Marketing
4 Diane C. Altwies, MBA, PMP CEO, Core Performance Concepts Inc. Training in project management, PMP and CAPM certification, leadership, business analysis, agile and six sigma Presenter PMP and CAPM are registered trademarks of the Project Management Institute 4
5 Goals of the Advanced Series Expand your knowledge of more complex tools and techniques Identify practical ways to begin using advanced techniques Explore methodologies or techniques to enhance project management competency Build leadership skills to manage people more effectively
6 Presenter Mr. Jan Birkelbach, MBA, PMP Provides program and project management consulting, strategic business analysis, and training in all areas of project management. Helped recent client establish best practices in project requirements, scheduling, portfolioproject office strategy and implementation. PMP is a registered trademark of the Project Management Institute
7 We don t manage projects based upon a requirements document Do You Experience these Challenges Regarding Requirements? Our organization doesn t validate requirements against a project s business purpose before proceeding There is confusion in distinguishing requirements validation and verification Customers are not held accountable to documented requirements, or requirements go unverified
8 Objectives of the Webinar At the end, you will better understand how to: Validate requirements against a project s business purpose Distinguish requirements validation from verification Manage requirements based upon defined roles Explain the value of documented requirements to project success
9 Types of Project Documentation Project Charter Scope Statement WBS Requirements Business solution requirements Functional requirements Non-functional requirements Requirements traceability matrix Technical Specifications Design documents Use Cases Scenarios Flow Diagrams Descriptions Verification and Test Plans Training Documentation
10 Requirements Definition Understand the problem the project is supposed to solve; Collecting expected outcomes, wants and requirements Requires: Organization and structure Ability to visualize and articulate Excellent interviewing and analytic skills Ingenuity and persistence Iterative revision, chipping away, refining Prioritization and Validation
11 Validation Definition Are we building the right product? Techniques to evaluate whether stated requirements and specifications will deliver expected business benefits from project deliverables and outcomes* * Adapted from BABOK Guide 2.0
12 Verification Definition Have we built the product right? Techniques of evaluating a component or product to ensure it complies with specifications and meets requirements. Adapted from BABOK Guide 2.0
13 Agile Methodology Validation and Verification take place in-process, for each product iteration or release Effectiveness in delivering validated requirements each at iteration is a key driver to agile project velocity Velocity is defined as speed in the desired direction Accordingly, as the product becomes more fully articulated, good validation provides increased levels of customer satisfaction, faster, while minimizing missteps, side trips, and cost.
14 Validating Requirements Understand The problem that is to be solved by the project The expected outcomes; success requirements How the project is anticipated to solve the problem The contributing relationships among the parts Requires A strategic project vision Logical solution framework Identification of requirements Definitions and specifications
15 YourProject s Requirements? Clarity of Purpose Culture and Habit Validation Solution Integrity Mis-implementation
16 Roles & Responsibilities for Validation Role Project Manager Business Analyst Quality Assurance Team Responsibility Ensure that the project ultimately delivers on project objectives and solves the business problem Identify businessrequirements and provide the process to ensure that requirements will be validated prior to, then verified during and after project completion Perform validation tests Technical personnel Business personnel
17 Who is Responsible? Roles for Successful Validation Follow an orderly, standardized process Define roles and responsibilities through task assignments and use of a responsibility matrix (such as a RACI chart) Review Roles and Responsibilities with your team, listen and gain buy-in.
18 Example: Website for Wine Bar Project business objective Create a website for a wine bar to increase its sales revenue Objectives Increase revenues by 10% within one year of website launch Acquire new customers by x% Increase purchases from existing customers by x%
19 Problem > Business Solution Problem and Proposed Solution Need to increase revenueyear over year Build a new website to better attract new customers and to sell more to current customers How will that work? Rationale? What s needed to make it work? Solution Metrics and Validation Objective: 10% Revenue growth Baseline: $1,000,000 Responsibility: CFO to CEO Timeline: 1 year Define tactical components contribution to the objective Requirements to achieve each
20 Validating the Business Solution An objective should be defined to solve the business problem Every requirement should provide support to an objective Every requirement should be validated against the solution You should be able to PROVE that if all requirements have been met, that the solution will work It may take time beyond project delivery to verify success Technical requirements are validated in a similar manner
21 Validation: What s the Value of it? Value of meeting project objectives? Consequences of not meeting them? Effort invested in validation? Benefit Cost Ratio or Margin Decision to Validate / how thoroughly?
22 Tips for Validation Take Action Steps Adopt methods for validating business requirements and project objectives that are specifically suited to your business. Identify who is responsible for solving the business problem, determining and evaluating the metrics for success, and providing supporting requirements. Clearly define responsibilities, milestones, and necessary coordination.
23 More Tips for Validation Take Action Steps Dedicate part of the project budget to requirements validation, and associated meetings, through tasks in WBS work packages, work authorization controls, and stage gates. Use requirements traceability tools to ensure that direct relationships exist between project scope, product specifications, and stated requirements before building or procurement.
24 Review Validate requirements against a project s business purpose Distinguish requirements validation from verification Manage requirements based upon defined roles Explain the value of documented requirements to project success Questions & Discussion
25 What Else? The First 5 Attendees to info@cpconcepts.net Will Receive FREE 45-Day Access To Our Online PMP Exam Testing Center Test Your Knowledge... Whether You Have Your PMP or NOT! More Than 1,400 Test Questions... Based on the New PMBOK Guide5th Edition Run Simulated 200-Question Practice Exams Run 25-Question Knowledge Area Exams
26 Special Promotion Continue improving your project management skills. Core Performance Concepts offers a 10% discount on their online courses for anyone attending the webinar. Check them out today!
27 2015 Advanced Webinar Series The 4 th Wednesday of Every Month 8:00 am Pacific Time Topics Feb 25 th The How To of Using Social Networking in Talent Management
28 Register Ahead of Time Go to 2 ways to register: Training & Support Project Insight Calendar
29 Earn PDUs You will automatically receive your PDUs certificate via after the webinar For further questions: Earn 1 PDU for each webinar session attended To register your PDUs go to login as a member of PMI to record continuing education Select Category B Continuing Education Input start and end dates Hours completed: 1 Provider name: Core Performance Concepts Inc. Phone number: URL: address: info@cpconcepts.net
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31 Learn more Core Performance Concepts Contact us +1 (800) Request info: Project Insight Schedule a customized demo today! +1 (949) x3 info@projectinsight.net Request info
32 Information Request Please go to tofill out the request information form to have a Project Insight Representative contact you.
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