The project manager of an agile project has been asked to reduce the budget by 30%. Since this is a small project team, the budget is primarily allocated to resources.
What strategy should the project manager use in order to keep delivering value in a restricted environment?

Question

The project manager of an agile project has been asked to reduce the budget by 30%. Since this is a small project team, the budget is primarily allocated to resources.

What strategy should the project manager use in order to keep delivering value in a restricted environment?

Todd Hekkema · Accepted Answer

Prioritize the product backlog looking for high business value and low effort, and adjust the project budget and staffing to account for those items

Todd Hekkema · Answer

Reduce the project staff and adjust the scope and timelines accordingly in support of the budget reduction

Todd Hekkema · Answer

Balance the project team in order to accommodate the budget challenges, and provide training to mitigate the risk of low performance

Todd Hekkema · Answer

Restrict the project scope only to basic critical features and run the project with the current staffing level until all of the budget is consumed

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