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There are several ways to make progress evident - the Scrum team model is my current favorite. If you have a true cross-functional team, empowered (a la Scrum) to do whatever it takes to succeed its likely they will converge on the result quickly. When its receding, we rescope. Do you have a spec?
I would add -- think of your development and running your business like a PM/Developer uses Agile or Scrum in software development. You need an overarching vision and goal but just try to get to the next level, one iteration or sprint at a time. No more, no less. September 15, 2008 9:19 PM James said.
Heres something I can relate to: We used assembla for subversion, scrums, milestones, wikis, and for general organizational purposes. Scrum reports would come in once a month, nobody was actually responsible for anything. We had all the tools in place but we didn’t actually practice agile development.
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