Define the business objectives as a team

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Reference no: EM133443357

Questions: You are part of a team that has been tasked with creating a value roadmap for a new project using Agile methodology. Your team needs to create a roadmap that aligns with the company's strategic goals and helps prioritize and plan work for the upcoming sprints. you will need to follow the steps outlined below.

Step 1: Define the Business Objectives As a team, define the business objectives of the project. What problem are you trying to solve? What benefits will the project provide? How does it align with the company's strategic goals?

Step 2: Identify the Key Results Areas Once you have defined the business objectives, identify the key result areas (KRAs) that need to be addressed to achieve those objectives. These KRAs should be specific, measurable, and aligned with the business objectives.

Step 3: Determine the Key Performance Indicators For each KRA, determine the key performance indicators (KPIs) that will be used to measure progress towards achieving the business objectives. These KPIs should be quantifiable and measurable.

Step 4: Prioritize the KRAs and KPIs Prioritize the KRAs and KPIs based on their importance to achieving the business objectives. Use a ranking system to assign a level of priority to each KRA and KPI.

Step 5: Create the Value Roadmap Using the prioritized KRAs and KPIs, create a value roadmap that outlines the work that needs to be done to achieve the business objectives. The roadmap should be broken down into sprints, with each sprint focusing on specific KRAs and KPIs.

Reference no: EM133443357

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