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From Project to Product - 'Big Rock' Constraints & How to Overcome Them

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From Project to Product - 'Big Rock' Constraints & How to Overcome Them

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Project-based thinking and process is often the largest inhibitor of achieving agility. It explains why the notion of ‘Project to Product' has gained such popularity, to the point of even becoming a buzzword in recent years.  

Despite the enthusiasm about becoming a product-driven organisation, many companies still hang onto their old project-based ways due to some “big rock” constraints, including funding and separation of IT and business.

So, what can you do to make a successful shift?

Join Anne Steiner, CEO at Cprime, to explore the challenges you may face in your product agility journey, and how to overcome them. We’ll explore:

=Common constraints you may encounter when shifting from project to product and how to address them
-How to shift to product-based funding models 
-The role of the product manager
-Benefits you’ll experience with true product agility

Project-based thinking and process is often the largest inhibitor of achieving agility. It explains why the notion of ‘Project to Product' has gained such popularity, to the point of even becoming a buzzword in recent years.  

Despite the enthusiasm about becoming a product-driven organisation, many companies still hang onto their old project-based ways due to some “big rock” constraints, including funding and separation of IT and business.

So, what can you do to make a successful shift?

Join Anne Steiner, CEO at Cprime, to explore the challenges you may face in your product agility journey, and how to overcome them. We’ll explore:

=Common constraints you may encounter when shifting from project to product and how to address them
-How to shift to product-based funding models 
-The role of the product manager
-Benefits you’ll experience with true product agility

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From Project to Product - 'Big Rock' Constraints & How to Overcome Them

  1. 1. ©2023 Cprime, Inc. All rights reserved and no copying without express written permission. WWW.CPRIME.COM | 877.753.2760
  2. 2. From Project to Product “Big Rock” Constraints and How to Overcome Them
  3. 3. 3 Housekeeping Items Audio is streamed through your computer speakers, so make sure your audio is on and turned up. The recording and slides will be sent to everyone via email within 24-48 hours after the webinar concludes. Submit questions any time during this presentation via the Q&A box on the bottom panel of your screen.
  4. 4. 4 Meet Our Speaker Anne Steiner CEO
  5. 5. 5 Agenda 01 From Project To Product 02 The ‘Big Rock’ Constraints 03 Dedicated Teams & Business Vs. It 04 Product Management 05 Takeaways And Q&A
  6. 6. From Project To Product Product Over Project 05/12/2021 | Anne Steiner, VP of Product & Technology
  7. 7. 7 A project is a temporary endeavor undertaken to create a unique product or service. A product is the thing that you build (or the service you provide) that impacts people.
  8. 8. 8 Planning & Budgeting Plan Driven Value & Quality Driven Cost Schedule Scope (Rqt’s) Cost Schedule Scope (Outcomes) Fix cost and schedule; float the scope Fix the scope; float the cost and schedule PROJECT The plan drives cost & schedule estimates. PRODUCT The vision drives outcome- based roadmaps. Time, Budget, Scope – Pick 2; Agile Lets Us Pick Date
  9. 9. 9 What’s Holding Us Back? Funding Separation of Business & IT Role Of PMO Product Management Dedicated Teams Planning
  10. 10. 10 Dedicated Teams Are The First Step Bringing People To The Work Bringing Work To The Teams Backlog Backlog Project 1 Project 2 Project 3
  11. 11. 11 But Dedicated Teams Alone Aren’t Enough Backlog Backlog BUSINESS IT Do This! Plan Driven PMO
  12. 12. 12 We Need To Bring “Business” And IT Together TEAM Backlog Backlog BUSINESS IT Let’s Do This! Let’s Do This! Value & Quality Driven PRODUCT MANAGEMENT
  13. 13. 13 And Introduce The Product Management Function Product Family Product Family Product Family Product Portfolio Product Product Product Product
  14. 14. 14 What Is A Product Manager? • CEO of the product – take ultimate responsibility • Voice of the customer market • Advocate for “the business” Also called • Product manager • Technical product manager or TPO • Opportunity owner
  15. 15. 15 What Do Product Managers Do Visionary • Big picture thinker • Contagious vision • Great leader • Anything is possible • Lots of ideas • Relationship person • Visual and exciting • Loves to be in the lime-light • Loves to change it up • Creative Problem Solver • Grower and a builder Integrator (Execution) • Great execution • Knows the details • Good at holding people accountable • Creates consistency and prioritization • Harmoniously integrates the team • Finds and analyzes the risks • Cautious of big shifts • Provides cadence • Results Oriented • Executes the plan
  16. 16. 16 Put Another Way… STRATEGY ROADMAP BACKLOG WORK ITEMS
  17. 17. 17 Keys For Success • Dedicated teams are critical, but not enough • Break down the wall between business and IT • Don’t let project plan-based thinking be your gatekeeper • Replace it with value and market-based thinking • Create a product management function • (You may not call it that which is fine.) • Accept that change is a good thing and “plan” for it • Make sure you are thinking about all the boxes • Strategy, roadmap, backlog, work items
  18. 18. 18 KEEP THE CONVERSATION GOING… Check out Cprime’s upcoming webinars, read our blog, and download resources such as whitepapers and case studies: www.cprime.com/resources ©2022 Cprime, Inc. All rights reserved. Do not copy without express written permission. Connect with our Panelist on LinkedIn! • Anne Steiner Reach out to Cprime at learn@cprime.com
  19. 19. 19 Follow Us On Social Media Share in the conversation & keep updated on thought leadership, events & more! on LinkedIn, Twitter, Facebook, & YouTube
  20. 20. QUESTIONS? WWW.CPRIME.COM | 877.753.2760 Questions? WWW.CPRIME.COM | 877.753.2760
  21. 21. 21 Thank You WWW.CPRIME.COM | 877.753.2760

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