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Live Webinar July 11th, 2013 11:00 am – 12:30 pm EDT
Duration: 1 Hour 30 Min Credits: 1 PDU Category A – Free PDU
Presented by: Computer Aid Inc IT Metrics & Productivity Institute (Rep 2733)

The “Beyond Budgeting” Concept

Traditional Budgeting we all know well: the top-down, command and control approach with authority firmly seated at the executive level. The Beyond Budgeting approach is a significant shift: executives empower and coach decentralized teams that are more closely connected to customers and to changes in the marketplace.

Beyond Budgeting and its shift of authority to front-line business units and teams results in quicker and more agile responses to customer needs. The bottom line: companies applying the principles of Beyond Budgeting see continuous improvement in performance and shareholder value.
– Traditional Budgeting vs. Beyond Budgeting: Three Core Differences by: Arthur F. Rothberg, Managing Director, CFO Edge, LLC

1. Forecasting complex projects is a deception.
2. Moreover, forecasts hinder innovations.

“Beyond Budgeting” came to the same findings and offers a concept for controlling corporations without budgets.

Agile methodologies generally recommend developing a long-term plan on a coarse-grained level only and coming up with detailed short-term plans iteratively.

So how will you get the budget for starting a large agile project (50-300 developers, 3-5 years)?In this webinar, we will analyze the latest scientific research and explore possibilities of combining Beyond Budgeting and Agile principles so that even complex projects remain controllable.

Great Books with more Information on the “Beyond Budgeting” Concept:

1. Beyond Budgeting: How Managers Can Break Free from the Annual Performance Trap
2. Implementing Beyond Budgeting: Unlocking the Performance Potential
3. Beyond Budgeting: Pathways to the Emerging Model

Note: ITMPI is now charging a fee to obtain the PDU code. This fee ONLY needs to be paid if you ask the provider for the code – This code can be obtained from the PMI.ORG site for free. Start to record your PDU – on Step 2 place the Rep # 2733 (in our listing) in the “Provider Number” area and the title of the webinar in the “Activity Name” and hit search. Select the code and continue to record the event. If you need further assistance contact us at Hello at pduOTD.com

Click to register for Complex Projects Aren’t Plannable — But They are Controllable