CEOs need to understand the technology delivery methodology for the success of the Company.
Updated: Nov 25, 2022
The technology team will suggest a development methodology for platform delivery when developing a new technology initiative. Understanding the popular delivery methodologies is particularly important for a CEO because this knowledge will contribute immensely to the platform's success. The CEO will be able to understand the time and costs needed for the tech team and other business units required to continue delivering a quality platform. The two well-known methodologies are Waterfall and Agile. Agile software development relies on self-organizing, cross-functional teams discovering and building a solution using an iterative process to find and develop the key, as opposed to the traditional Waterfall method that defines and plans the entire project before any development work begins.
Key factors to be considered in selecting a delivery approach.
Few initial Product and Regulatory Requirements (Use Agile)
Strict Process in Place (Use Waterfall)
High Product Owner involvement (Use Agile)
Greenfield product (Use Agile)
Fixed & Firm Timeline (Use Waterfall)
Fixed, Inflexible Budget (Use Waterfall)
The Waterfall methodology prevails when the initiative is constrained by cost and time, and the requirements and scope are well understood. In these cases, the Waterfall methodology provides a set of processes built on the principle of approval of the previous phase.
Agile wins the day when the product team is unsure of what needs to be built, or they wish to discover what should be created based on adjustments they make. Agile will produce more features in a shorter period and gives the team more flexibility throughout the process to take advantage of opportunities as the project unfolds.
The ideas mentioned above are meant as information to ease your organizational processes. However, if you would like a more detailed overview, do not hesitate to reach out to me at rizwan.khan@mac.com.
I have years of experience building Technology and providing Technology Due Diligence as a CTO, and I am available for fruitful discussions.
#CEO #CTO #Startup #technology #TechnologyLeadership #CIO #Interim #SaaS