Scrum in Programs and Portfolios
When applying Scrum to manage projects within the context of a program or portfolio, it is strongly recommended that the general principles of Scrum are adhered to. Let us now understand how Program and Portfolio are defined: Program : A program is a group of related projects, with the objective to deliver business outcomes as defined in the Program Vision Statement. The Prioritized Program Backlog incorporates the Prioritized Product Backlogs for all the projects in the program. Portfolio : A portfolio is a group of related programs, with the objective to deliver business outcomes as defined in the Portfolio Vision Statement. The Prioritized Portfolio Backlog incorporates the Prioritized Program Backlogs for all the programs in the portfolio. Below are some of the examples of programs and portfolios from different industries and sectors: Example 1: Construction Company Program—Construction of a housing complex Portfolio—All the housing projects of the co...