What’s Cost of Production?

What’s Cost of Production?

Cost of building products invested on: 

    • People (salary, welfare etc.)
    • Interactions (meetings, collaboration)
    • Infrastructure (licenses, hardware etc.)
    • etc.

If the System (team structures, interactions, policies, and process) is poorly defined, the cost of product may increase due to overheads.

Scrum encourages teams to review the system and improve it to increase the effectiveness of the team.

Why do we need Scrum?

  • Scrum helps product teams maximize ROI for products in complex domains by reducing the Cost of Delay and Cost of Production through safe to fail experiments called Sprints.
  • Scrum makes clear the relative efficacy of your product management and work techniques so that you can continuously improve the product, the team, and the working environment. 





Leanpitch Technologies PVT LTD
 309- 4th B Cross Rd, HRBR Layout 3rd Block, Kammanahalli, Bengaluru, Karnataka 560043.

Comments

Post a Comment

Popular posts from this blog

Scrum Master interview questions

Scrum Master interview questions Before going through the interview questions below, ask yourself how good you know about  Scrum  and the role of a  Scrum Master . Go through some of the Leanpitch  resources  like  videos ,  blogs , and podcasts/webcasts to get more knowledge on the roles and responsibilities of the Scrum Master. The podcasts and webcasts are available on the Leanpitch mobile app for viewing.  Scrum Master interview questions : Of all the Scrum ceremonies, which one you can never skip and why? Which is the most useful ceremony in Scrum which you would like to tell and why? If one of the team members does not want to participate in the Scrum ceremonies, then how do you handle such situations? You have identified one good process for the team, which you think is good for the team, but then the team does not want to follow - what will you do as an SM here? If one of the team members is unable to complete his user stories, Consistentl...
Read more

The role of Tester in Scrum Team

The role of Tester in Scrum Team The role of a tester in the Scrum Team is elementary and straightforward but often misjudged. There are only three roles in Scrum, and they hold different responsibilities. The tester is part of the cross-functional  development team . The role of a tester is to contribute to the product quality just like any other development team member.  Advanced Certified Scrum Master  Who is a Tester? A tester is a person who is responsible for identifying the process to test the product and ensures that the product meets its specifications or requirements. Testers are " Customer Advocates " because they use and test the products from the customer perspective. They are responsible for finding out defects or bugs in the product, which is under test and thereby helping to improve the product quality. They are User proxies who are responsible for ensuring the product under development solves the problem of the users in the context they use.  Wrong A...
Read more

Stages of Contracting

Image
  Stages of Contracting   The contracting stages begin with the Coach having discussions with clients and ending with all the client groups. The contracting contains details on how the coach and the coachee will work together. All the others need to agree on the terms of the contract.  Certified Scrum Master Certification Online  Leanpitch Technologies PVT LTD  309- 4th B Cross Rd, HRBR Layout 3rd Block, Kammanahalli, Bengaluru, Karnataka 560043.
Read more