Evidence Based Management (EBM)

Product Scrum

Evidence Based Management (EBM)

Evidence based management is used to measure, manage, and increase the value of product delivery. EBM Focuses on Four Key Value Areas.

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A2I Ability to inovate Agile Current Value CV EBM evidence evidence based management evidence based management definition image Infographic management Poster Scrum T2M Time to market Unrealized Value UV what is evidence based management

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Evidence Based Management

Evidence based management is used to measure, manage, and increase the value of product delivery. EBM helps organizations to improve investments, decision-making and risk-management, especially for agile organizations. EBM Focuses on Four Key Value Areas.

Four Key Value Areas (KVA)

Unrealized Value (UV)

A future value that could be realized if the needs of all potential customers are met. Topics for UV evaluation: can any additional value be created, is it worth it and should an investment be made.

Current Value (CV)

The value that was provided already. Happiness of customers / users, employees and stakeholders must be evaluated.

Ability to Innovate (A2I)

Effectiveness of delivering new capabilities for satisfying customers. Evaluated should be what prevents a delivery and users benefiting from innovation.

Time to Market (T2M)

Ability to quickly deliver new capability, service, or product. How fast can an organization learn, adapt and test.

Resources

scrum.org
The Evidence-Based Management Guide
wikipedia.org

Resources

scrum.org The Evidence-Based Management Guide wikipedia.org How to Use Evidence to Make Better Organizational Decisions

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