Requirements and Design Management
Requirements are the driving forces of what is delivered to business in an IT transformation project and therefore a vital communication tool for the different project actors:
used by business sponsors & SMEs to express the scope and what should be delivered
used by BAs to express what is required to teams and product vendors
Managing requirements in an efficient way are key to a successful program, avoiding costly delays caused by analysis paralysis.
Requirements should be concise, complete, understandable and executable.
Requirements should be delivered iteratively, prioritised correctly and follow a strong minimum viable product (MVP) principle.
Requirements should not be delivered too early to avoid having to review them at a later stage.
Thanks to our extensive experience in complex and ambitious transformation programmes, Fenixys has developed key accelerators to manage programme requirements efficiently. These accelerators concern not only the management of the requirements from analysis to testing but also how to optimise the programme governance and organisation to create and nurture a strong requirement management process within the organisation.
By continuously and directly talking to end-users, vendors, peers, COOs, CIOs and conducting surveys and other types of data collections, we create IT-focused research that serves as a fact base to help you form accurate perspectives of a Treasury and Capital markets spaces.
We offer a full range of research methods such as in-depth proprietary studies, peer and industry best practices, trend analysis and quantitative modelling.
Fenixys’ methodologies consist of research practices and procedures that convert large volumes of data into clear, precise recommendations - so our customers can formulate plans or make difficult business decisions.
Delivering Value in an Agile Context
Most organisations are using Agile methodologies and in large-scale transformation projects, each delivery team is self-organised. Some challenges can be faced in this environment:
Agile can lack high-level direction for teams
Each team is planning the value they will deliver at each sprint independently – there is a risk that the global progress is not consistent across streams
To overcome these challenges, it is essential to ensure that all the teams are organised to deliver end-to-end value at the end of each sprint.
Agile teams are usually scaled using market available methodologies like SAFe and Nexus. These approaches improve overall delivery, but they lack focus on business value, especially in the specialised capital markets and treasury space.
Thanks to our unmatched experience in the capital markets and treasury space, Fenixys has been able to develop a value stream delivery methodology that complements the bank’s Agile and scaled Agile methodologies. With this methodology, Fenixys brings a clear view of the end-to-end business value that should be delivered, accelerating the definition of a minimum viable product (MVP) and the delivery of end-to-end value to the user.